Print 49 comment(s) - last by Quadrillity.. on Jun 26 at 12:00 PM

Judge has ties to oil industry and owns stock in major companies involved in the spill

The disaster in the Gulf of Mexico is still on going with the leaking well pouring thousands and thousands of barrels of crude oil into the waters daily. So far, BP has been unable to stop the flow of crude from leaking into the waters.

The Obama administration had placed a six-month ban on deep-water drilling in the gulf until an investigation could be conducted to determine what caused the explosion on the Deepwater Horizon platform that triggered the massive Gulf oil spill.

A federal judge lifted the ban placed on deep-water drilling in the Gulf yesterday. The judge who lifted with ban is U.S. District Court Judge Martin Feldman. Feldman issued a 22-page order that would allow oil companies to resume to drilling in the Gulf. However, the White House says that it will file an immediate appeal and Interior Secretary Ken Salazar says that it will issue a new order imposing a moratorium on drilling that gives more detail on why the 6-month ban is needed.

Feldman said in his order that there was not enough justification in the drilling ban to justify the action taken by Obama and the White House. Feldman wrote, "A blanket moratorium, with no parameters seems to assume that because one rig failed and although no one yet fully knows why, all companies and rigs drilling new wells over 500 feet also universally present an imminent danger."

Feldman also wrote, "If some drilling-equipment parts are flawed, is it rational to say all are? Are all airplanes a danger because one was? All oil tankers like Exxon Valdez? All trains? All mines? That sort of thinking seems heavy-handed, and rather overbearing."

Associated Press has noted that Feldman has ties to the oil industry and as recently as 2008, he owned stock in several oil companies. AP reports that Feldman listed in 2008 that he owned less than $15,000 in stock in Transocean Ltd. Transocean is the company that owns the Deepwater Horizon platform.

While some suggest that Feldman is biased because of his ties to the oil industry, at least one expert sees no signs of bias in the ruling. Tim Howards, a law professor at Northeastern University said, "There's been some concern that he is biased toward the industry, but I don't see it in this opinion. They [the White House] overreacted and just shut an industry down, rather than focusing on where the problems are."

However, Josh Reichert, managing director of Pew Environment Group said, "If Judge Feldman has any investments in oil and gas operators in the Gulf, it represents a flagrant conflict of interest."

Even though the ruling by Feldman would allow drilling to restart in the gulf, some major oil companies are holding off knowing an appeal is coming soon. Shell and Marathon are waiting to see what happens with the appeal before getting back to drilling.

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RE: actually..
By MartyLK on 6/23/2010 1:33:35 PM , Rating: -1
Just a quick note to all you unfortunate people who can't get enough of the ass whooping I give you...I gotta run. I have a life and important things to do. Don't want you thinking you out talked me or anything. I usually make my point in these threads and close it out, never to look back at it again. Well...I made my point. I won't be choice. So don't get a big head and think you all have out talked me. My absense is because I have moved suckers.

RE: actually..
By Quadrillity on 6/23/2010 1:35:14 PM , Rating: 2
You forgot to call us all doo-doo heads.

RE: actually..
By BriteLite on 6/23/2010 2:04:59 PM , Rating: 2
I fear you are wasting your valuable time. He's a twit and a troll to be sure.
Using name such as Franklin, and Jefferson will only remind the child of his favorite Rap song, or sitcom. Or he'll complain how those of us who pay large sums of money in taxes should be taxed more so he and his ilk and brood can stay seated quite firmly on their rotund bottoms.

There are always those at either end of the spectrum that can't be turned from their path. The goal is those in the middle with reason and logic will seek and identify truth and choose wisely.

Granted if amnesty is passed... I'm moving. It may not seem like much to some but my 80k in tax base will come with me. Now if I can just convince the other 40M Americans who pay taxes to come along... now that could be something!

I wonder if the Canadians would be willing to set aside a small subset of land for us? Our own republic, paid for and run by those who work and produce!

hmm... I think I may have to institute a few more laws along with the constitution of old.
1.) If you don't work you don't Vote
2.) If you don't pay taxes you don't Vote (Income/Federal = net zero tax after credits etc)
3.) Flat Tax locked at a specified GDP % value. (Federal expenditures could never exceed income, and may never go over 7% of GDP)
4.) If a person is on any type of Aid or Welfare he/she MUST work. Don't care if you are paraplegic or other you can do SOMETHING
5.) A person running for political office is selected by secret ballet from the community and must be a person with Land, Property, and previous business experience... (Oh I know this will piss off you lefties!)

Who is willing?

RE: actually..
By Quadrillity on 6/23/2010 4:44:01 PM , Rating: 2
I agree 100%. I bet if any liberal reads this, their head will explode in a violent flash of self absorption!

RE: actually..
By spoerad1 on 6/24/2010 5:22:49 PM , Rating: 2
people who want to be free of those unlike them are the ones who are self absorbed and anti-American. If you want to leave America go ahead, but your already unAmerican.

RE: actually..
By Quadrillity on 6/26/2010 12:00:20 PM , Rating: 2
wtf are you talking about?

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