Obama may never get his way as he tries to shut down deepwater drilling in the Gulf as a reaction to the BP disaster
An appellate court upheld a ruling the the government does not have the right to close the operations of companies drilling in the region.A federal appeals court rejected a bid by the federal government to restore a moratorium on offshore oil drilling, reports said late Thursday.The decision was handed down by a three-judge panel for the 5th U.S. Circuit Court of Appeals. The Obama administration had sought a stay of a lower-court ruling that lifted a moratorium that was established in the wake of the massive oil spill in the Gulf of Mexico according to MarketWatch.
The Administration has repeatedly said it will issue a new order to prevent further drilling.
Douglas A. McIntyre
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
Obama may never get his way as he tries to shut down deepwater drilling in the Gulf as a reaction to the BP disaster
