After striking down the moratorium on Tuesday, a federal judge in New Orleans rejected an administration request to allow the six-month ban to stand while the government appeals his decision.
Judge Martin Feldman issued a brief order denying the stay request, pointing to his previous ruling that criticized the ban as arbitrary, too far-reaching and not justified given the impact on thousands of oil industry workers and communities.
I love how they are trying to tar Judge Feldman by saying he owns oil stocks. That charge can be leveled on just about everyone in the US who owns any sort of Growth or Income mutual fund. That means in to the White House the judgment of nearly every American investor is suspect when it comes to oil. Too bad they don't care about the 50K+ oil field workers that won't be drawing a paycheck due to government interference.
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