Posts Tagged ‘oil spill’

Where’s the 20 Billion?

Even if the rate of compensation increases, the significance of the $20 billion remains cryptic, because total claims could go higher or lower.

Exclusive: Kindra Arnesen’s Perspective on the Oil Spill

Even as an acute victim of the spill, she and her husband spoke of how this area, and perhaps the entire nation, depends the Gulf oil industry. “If [the rigs] leave, they may not be back for years,” given the long-term nature of the contracts.

The Stealth Moratorium

“DOI has already begun imposing heightened regulatory requirements, which may effectively bypass the ruling by making it impossible to begin drilling.”

Commentary: Oil Spill Cleanup Requires Obama to Cut Red Tape and Ignore Special Interests

The federal government’s much-maligned response towards the Gulf oil crisis has been correctly attributed to red-tape and bureaucracy. But we should not overlook the recent evidence indicating that President Obama’s political posturing and constituent-pleasing are making matters worse. The concern is that President Obama has been complying with the wishes of two large factions of [...]

Commentary: Injunction Against Moratorium a Victory for the Economy and the States

The citizens and businesses of the Gulf Coast were handed a welcome – and absolutely essential – victory today when U.S. District Judge Martin Feldman issued an injunction blocking President Obama’s six-month moratorium on all offshore drilling projects in more than 500 feet of water.