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Court Rejects Bid to Restore Drilling Moratorium
By not in system - AOL NewsNEW ORLEANS (July 8) -- A federal appeals court on Thursday rejected the federal government's effort to restore an offshore deepwater drilling moratorium, opening the door to resumed drilling in the Gulf while the legal fight continues. The ruling is not the final word on the Obama administration's fight to suspend new drilling projects so it can study the risks revealed by the disastrous BP oil spill. The same appeals court is expected to hear arguments on the merits of the moratorium case in late August or early September. While it's possible that 33 exploratory wells suspended by the ...
Judge in Spill Case Sells Oil Company Stocks
By Lauren Frayer - AOL News(June 26) -- The federal judge who struck down the Obama administration's six-month moratorium on deepwater oil drilling sold his stock in Exxon Mobil and other oil and energy companies on the same day as his ruling, documents show. Exxon Mobil was one of the companies hurt by the White House's ban on offshore drilling, implemented last month amid concerns about lax safety regulations that could have contributed to America's worst-ever oil spill. Up to 132 million gallons of crude have gushed into the Gulf of Mexico since an April 20 explosion on the Deepwater Horizon rig run by BP. U.S. ...
Judge Martin Feldman's Financial Portfolio, Annotated
By Dana Chivvis - Politics DailyThere's a conflict of interest in the air. U.S. District Judge Martin Feldman, who overturned the Obama administration's six-month offshore drilling moratorium on deep sea oil drilling yesterday, has investments in several companies related to the oil industry, according to Yahoo! News' John Cook. Feldman's portfolio includes investments in the following companies: 1. Transocean Ltd. The offshore drilling contractor which owned the Deepwater Horizon rig. 2. Ocean Energy. Provides services and equipment like gas flares and floating, production, storage and offloading (FPSO) ship ...
Judge Martin Feldman: 3 More High Profile Rulings from the Offshore Drilling Moratorium Buster
By David Knowles - Politics DailyThrust into the national spotlight following his decision that overturns President Barack Obama's six-month moratorium on deepwater offshore drilling, Judge Martin Feldman has been behind other controversial rulings during the course of his judicial career. Freedom of the Press: On Feb. 24, Feldman ruled in favor of The New York Times and the nonprofit news organization ProPublica in a libel case over the reporting of mistreatment of medical patients following Hurricane Katrina. Real Estate Development and RICO: On Sept. 13, Feldman dismissed a lawsuit filed by 50 residents of a housing ...
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