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.