As everyone knows, on April 20th of this year, the BP-leased deepwater oil drilling platform, Deepwater Horizon, exploded in the Gulf of Mexico, killing 11 oil workers, sinking, and leading to what is now recognized as the worst man-caused environmental disaster in history.
On May 6th, President Obama, seizing on the "never let a good crisis go to waste" philosophy of his fellow Chicago thug, Rahm Emanuel, slapped a one-month moratorium on deep-water oil exploration and drilling, immediately shutting down 33 producing and exploratory wells. On May 27th, Obama arbitrarily extended this ban to six months.
Politically, the disaster was proving to be a Godsend for Obama and his seemingly limitless big-government ambitions... a perfect opportunity for the President to push his punishing "Cap and Trade" legislation and begin to "wean us off of" our dependency upon so-called "fossil fuels" and usher us into a new era of "green energy" -- green energy which, despite not even existing yet, is a major cornerstone of his Socialist agenda.
Several companies, led by Hornbeck Offshore Services, Inc., an oil industry services provider, filed suit against the moratorium, arguing that the drilling ban was arbitrarily imposed after the Deepwater Horizon tragedy (and ensuing blowout on the ocean floor) and that the ban would cause them "irreparable economic harm."
On June 22nd, U.S. District Judge Martin Feldman ruled for the plaintiffs and against the Obama Administration. He was immediately attacked by the left-wing blogosphere and their big brothers, the "mainstream media." Feldman had, after all, been appointed by that eeeeeeeeevil Republican, Ronald Reagan...
Shocked that this mere Federal Judge would have the temerity to actually dare to overrule "The One," the Administration immediately appealed Judge Feldman's ruling.
Yesterday, a panel of the Fifth Circuit Court of Appeals, in New Orleans, issued their ruling --
In a 2-1 decision, they ruled against the Obama Administration and upheld Judge Feldman's ruling overturning the arbitrary drilling moratorium.
Don't expect a return to drilling any tine soon, however -- Obama (through his politically-appointed mouthpiece, "fellow traveler" Interior Secretary Ken Salazar) has already announced that they will be issuing a new "refined" drilling moratorium "soon."
In the meantime, thousands of good paying jobs (in the $50,000 - $90,000 per year range) in the Gulf are now lost, and America's domestic oil production seems poised to decline by over 82,000 barrels per day (30 million barrels a year).
Like a spoiled, petulant child, the national failed experiment that we refer to as "President" cannot take "no" for an answer.
I've often written "remember in November" but, with the increase to an almost daily level of dangerous maneuverings, machinations, and utterances from this dreadful mistake known as Obama, I feel I must change that to a somber --
"November or never."
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