Interior Secretary Ken Salazar unveiled the new six-month moratorium, worded differently from an earlier drilling ban after a U.S. appeals court struck down the original moratorium last week.
"I am basing my decision on evidence that grows every day of the industry's inability in the deepwater to contain a catastrophic blowout, respond to an oil spill and to operate safely," Salazar said.
The new ban will extend until November 30 and affects the same drill rigs as before, although it is based on types of drilling technologies rather than on water depths as the old one was.
The oil companies won't simply stack up their rigs until November 30. They will move them to Brazil or the North Sea or somewhere else where they won't be losing millions per day. So Obama pretty much ceded those jobs that were once held by American oil field workers to someone living in Brazil or Sweden.Those are year long leases they will be signing so you can kiss that American job goodbye. So we have the spectacle of having the coast fisheries decimated by oil and the oil field workers also out of a job at the same time. I wonder if they would be doing this if Louisiana was a blue state?
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