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
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
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We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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