Reaction to Judge Feldman's ruling against the deepwater drilling moratorium came swiftly yesterday. Environmental groups and many Democrats attacked the decision, while Republicans in general supported it and called it encouraging.
But no one predicted that it would put energy workers back to work immediately.
"This is certainly not going to put the drilling rigs back drilling," Chris John, president of the Louisiana Mid-Continent Oil & Gas Association, told the Times-Picayune. "The practical reality of this decision is that it really doesn't change anything from an operational standpoint in the Gulf of Mexico."
The fact is there is too much uncertainty for oil companies and rig owners to commit to U.S. deepwater drilling now. The White House has announced it will file an appeal to the Fi... more »














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