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Drilling Moratorium Nearing End - Judge Again Rules Against It, Report for Oil Spill Commission …

GuruFocus Updates 4 September 2010 Featured No Comment

By CanadianValue. I’ve been following the drilling moratorium and potential legislation on Gulf producers closely. Here are previous articles that provide some more detail:

FBR suggests spill bill becoming less likely

[www.gurufocus.com]

State of Texas calls for end to moratorium

[www.gurufocus.com]

Legislation appears to be reasonable

[www.gurufocus.com]

Despite the overreaction to a fire on a Mariner Energy platform last week (which was not related to a blowout or spill) it is becoming clear that the drilling moratorium is running out of steam. Read more » »