Thursday, October 21, 2010

Judge Rules Against New Drilling Regs | RedState

Judge Rules Against New Drilling Regs | RedState:

In the aftermath of the BP spill, federal regulators promulgated sweeping new rules governing the drilling and operation of offshore wells. These new rules apply not only to the operators of deepwater wells, like BP’s Macondo, but to shallow water drilling as well. Largely as a result of these new rules, and uncertainty among regulators and the oil and gas operators as to their meaning and application, new drilling permits ground to a halt."

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