The Obama administration lost its court bid to maintain a six-month moratorium on offshore deepwater drilling which a federal judge ordered lifted last month.
The Fifth Circuit Court of Appeals denied the government's emergency request to stay that judge's order pending appeal.
The motion was denied because the government failed to show "a likelihood of irreparable injury if the stay is not granted," the appeals panel judges wrote in a 2-1 ruling.
The government also "made no showing that there is any likelihood that drilling activities will be resumed pending appeal." ....
...President Barack Obama acknowledged the moratorium would cause economic harm, but said it was necessary to give investigators adequate time to understand what caused the accident and create new safety regulations.
Oil companies and Louisiana politicians railed against the moratorium, saying it would cause further economic devastation and that rigs and drilling plans should simply be inspected on a case-by-case basis.
Louisiana Governor Bobby Jindal hailed the court's decision Thursday but expressed concern that the uncertainty has created a "de facto moratorium" which could cost the state 20,000 jobs.
Gentlemen, you are missing a large point. B Hussein Obama doesn't care if John Q Public loses his job. Especially in a Red State. This is payback for not voting for the Obama regime.
Obama voters, how's that hope and change working out for you!
Obama loses drilling moratorium appeal
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