U.S. Won’t Lift Deepwater Drilling Ban, Lawyers Say

http://www.businessweek.com/news/2010-06-17/u-s-won-t-lift-deepwate...

The six-month moratorium on deepwater drilling ordered in the wake of the Gulf of Mexico oil spill is essential to ensure public safety and shouldn’t be lifted, U.S. regulators said yesterday in a court filing.

Hornbeck Offshore Services Inc. and other offshore service and supply companies last week sued U.S. Interior Secretary Kenneth Salazar, the head of the Minerals Management Service, and both federal agencies, asking a federal court in New Orleans to lift an executive ban on oil and gas exploration in waters more than 500 feet deep.

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Permalink Reply by Coy Smith on June 18, 2010 at 7:10

They should have sued the President and Congress in addition to the Interior Department and MMS.

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Permalink Reply by Martin on June 18, 2010 at 8:55

Who are the principle companies in the deepwater oil and gas development? Who else other than BP?

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Permalink Reply by Jack Blake on June 18, 2010 at 9:02

Shell and Chevron are the biggest jack Blake would say.

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Permalink Reply by Rosebud on June 22, 2010 at 6:53

The AP is reporting that the Federal judge has ruled against the Obama administration. No details yet.

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More

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