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Tuesday, June 22, 2010

Surprise! Judge Who Blocked Offshore Drilling Moratorium is Invested in Offshore Drilling

Associated Press has a bit of bad news for people who think that we ought to hold off on offshore drilling until we at least know the rigs aren't as screwed up as Deepwater Horizon.

A federal judge on Tuesday blocked a six-month moratorium on new deepwater drilling projects imposed after the massive Gulf oil spill.

The White House promised an immediate appeal. President Barack Obama's administration had halted approval of any new permits for deepwater drilling and suspended drilling of 33 exploratory wells in the Gulf.

[...]

Several companies that ferry people and supplies and provide other services to offshore drilling rigs asked U.S. District Judge Martin Feldman in New Orleans to overturn the moratorium, arguing it was arbitrarily imposed.

Feldman agreed, saying in his ruling the Interior Department assumed that because one rig failed, all companies and rigs doing deepwater drilling pose an imminent danger.


"The Deepwater Horizon oil spill is an unprecedented, sad, ugly and inhuman disaster," Feldman wrote in his decision. "What seems clear is that the federal government has been pressed by what happened on the Deepwater Horizon into an otherwise sweeping confirmation that all Gulf deepwater drilling activities put us all in a universal threat of irreparable harm." Despite all evidence that all deepwater drilling is as fucked up as Deepwater Horizon, it would be irresponsible to assume it to be true. The responsible reaction here is "Drill baby, drill!"

So who is Judge Martin Feldman? He's a Reagan appointee and great big fan of investing in the oil industry. "Feldman, 'a true blue outcome-oriented judicial activist who led the law where he wanted it to go' in Katrina litigation, definitely knows where he's going with the decision he will make in this case," reported local Louisiana Mississippi blog Slabbed. "Anyone doubting the outcome need only to look at his Financial Disclosure Report..."

And that financial report is a doozy. It's peppered with investments in energy, pipeline, and drilling companies -- including Transocean and Halliburton. And don't expect this to be an isolated incident:

ProPublica:

Since BP’s ruptured well began spewing crude into the Gulf of Mexico, more than 150 lawsuits have been filed in federal courts seeking damages for the harm that the environmental disaster has dealt to the livelihood of coastal fishermen and business owners. But finding judges to hear these spill-related lawsuits against BP, Halliburton and Transocean may be a challenge. More than half of the “64 active or senior judges in key Gulf Coast districts in Louisiana, Texas, Alabama, Mississippi and Florida” have ties to industry, according to The Associated Press.

Some judges own stocks or bonds in the companies named in the lawsuits. Some are related to plaintiffs’ attorneys. Others even receive royalties from oil and gas companies. One judge, according to financial disclosure statements, is a member of Houston’s Petroleum Club,  an “exclusive, handsome club of, and for, men of the oil industry,” reported AP.


It appears that Judge Feldman is a member of that "exclusive, handsome club."

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