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Appeals Court Refuses Obama Demand For Stay Of Deepwater Drilling

Tyler Durden's picture




 

Fresh from Reuters:

A U.S. appeals court on Thursday rejected the Obama administration's request to put on hold a ruling that lifted a temporary moratorium on deepwater oil drilling in the wake of the BP Plc oil spill.

The U.S. Court of Appeals for the Fifth Circuit, based in New Orleans, ruled about an hour after hearing arguments over the administration's request to put on hold a lower court ruling that lifted the six-month moratorium.

Another slap in the face for a president who believes the constitution is something that has to be taught but not really followed. Of course, the appeals court ruled against Obama in the Chrysler case too, only to have the most corrupt "judicial" organization in the US, the Supreme Court, rule in favor of abolishing creditor rights at the end of the day.

 

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Thu, 07/08/2010 - 19:11 | 459549 damage
damage's picture

Hah!

Thu, 07/08/2010 - 19:39 | 459589 Rainman
Rainman's picture

Thank you, TD, for not mentioning Chrysler and Ginsburn in the same sentence. The mixture gives me hives.

BTW, creditor rights were never abolished by the SCOTUS. Ginsburn simply refused to docket the appeals case.

Thu, 07/08/2010 - 20:43 | 459681 russki standart
russki standart's picture

I am not surprised... if the Obamanation actually believed in the constitution, he would resign out of principle since he was never born in the US.

Thu, 07/08/2010 - 22:17 | 459825 ISEEIT
ISEEIT's picture

I find it reasonable to suspect B.O,'s birthplace/citizenship status. I don't focus on that issue much though because frankly, I could care less; were he a good president. He is clearly a disaster far more hellish than the 'spill' and for anyone not affiliated with the Leftist/progressive koolaid consumption society, he is in fact, in rare, 'real time', the most destructive and hurtful president that the Nation has yet been challenged to endure.

His is FDR's 4th term.

Not a solution. An orgasm for useful idiot's, but not at any stretch a solution.

On a positive note: Cloward/Piven may very well backfire as the timing seems a bit off?

It would be good to wipe the chalkboard clean/Hopefully a few lessons will have been learned?

Thu, 07/08/2010 - 19:16 | 459557 Cognitive Dissonance
Cognitive Dissonance's picture

Not surprising at all. It's all a show folks, created daily for you and I to continue to indulge in the notion that there are three independent branches of government.

There is only one. The Fed/BIS and all those little baby banksters.

Thu, 07/08/2010 - 19:20 | 459565 aldousd
aldousd's picture

It sounds like you're giving the powers that be too much credit.

Thu, 07/08/2010 - 19:43 | 459606 LeBalance
LeBalance's picture

bingo: US in receivership since 1789 or 1932, depending on which story you believe.

Thu, 07/08/2010 - 19:25 | 459571 Waterfallsparkles
Waterfallsparkles's picture

Wow.  I agree with the Court but it is really hard to believe that they would rule against the President.

There seems to be no credible reason to shut down the existing rigs without reason.  Too many People would end up unemployed and would help to distroy the Gulf economy.  It would also in my opinon run Oil prices thru the roof for all Americans. 

Why is Obama so intent on shutting down all oil drilling unless he wanted to use this as an agenda for his Cap & Trade?

 

 

Thu, 07/08/2010 - 19:44 | 459605 Ragnarok
Ragnarok's picture

He can say something along these lines if gas goes way up because of the shutdown, "We can't keep following the old, wore out, tired, broken ideas of the past on how to produce energy."  When asked it's only broken because he has his boot on the throat of the energy industry he'll reply, "we have to forget about the past and focus on the future and creating green jobs."  Then he'll tell us all this will come to fruition because he has directed (dictated?...poorly I may add) one of the communist czars (that sounds funny) to make it happen. So...done.

Thu, 07/08/2010 - 20:00 | 459633 nmewn
nmewn's picture

"I agree with the Court but it is really hard to believe that they would rule against the President."

I found it interesting that Justice Kennedy let it be known he will NOT be retiring before the next presidential election.

Perhap's Obama's snide little remark to the court system (in that instance the supremes) in his State of the Union address was the start of...how can I say this as delicately as I can;

Da chickensza...are a comin hoooomaaah...ta roooostahhh ;-)

Thu, 07/08/2010 - 22:44 | 459852 ISEEIT
ISEEIT's picture

He is just doing what his religious superiors tell him to do. Can't you cut the goof some slack?

Thu, 07/08/2010 - 19:26 | 459576 Citizen of an I...
Citizen of an IKEA World's picture

Pyrrhic victory alert.

The uncertainty created by the pending appeal will injure Gulf exploration just as much as the original ban.

Thu, 07/08/2010 - 20:53 | 459702 dussasr
dussasr's picture

BINGO!  Prima facie example of legal/regulatory uncertainty torpedoing investment.  Ship those energy jobs overseas.  We'll just import the oil and pay for it with scrip. 

And what happens when the global soverign debt/currency crisis leads to war (like it typically does)?  We won't have any domestic oil to fuel the war machine!  I hope everyone is brushing up on their second language skills - they'll need them after we are invaded.

Thu, 07/08/2010 - 21:09 | 459722 Tom Servo
Tom Servo's picture

No country in their right mind would EVER invade the United States.  Unless the populace is disarmed that is.  And there's no way in my lifetime that will ever happen as I'd likely be in the first wave of "out of my cold dead hands" people...

 

Slightly off topic, I heard there's a new Red Dawn movie coming out this fall where the Chinese and Russians invade .... wonder how that's going to go over with those countries.  Life imitating art, or is it the other way around? hmmmm...

 

Thu, 07/08/2010 - 19:28 | 459581 AxiosAdv
AxiosAdv's picture

Gee - the rule of law.  Glad to know it's still here in the land of the "free".  Don't worry though, Obama will come in next week and try to circumvent it.

Thu, 07/08/2010 - 19:40 | 459585 AssFire
AssFire's picture

Wow, are they expecting us to believe there still exists one circuit court not totally corrupt and bent on socialism??? Nope it is just a glimmer of the last gasp of nobel choices before the official Bananna Republic shakedown phase II kicks in. Something tells me this judge could not possibly have the insight of a Wise Latina Lady judge.

Sometimes he will take his boot off the throat just to keep it interesting, but death and government ownership is the final outcome for BP. In the end no small independant operators will be able to survive with the wall of regulations that will make the healthcare bill look like a Thomas Paine phamphlet.

Thu, 07/08/2010 - 19:42 | 459602 Fred Hayek
Fred Hayek's picture

If it'd been the 9th circuit out in San Fran, they not only would've granted Barry his moratorium, they'd have ordered every non hybrid car in the country confiscated.  What pack of whack jobs on that bench.

Thu, 07/08/2010 - 19:56 | 459623 jkruffin
jkruffin's picture

Obammy can easily get around the court, just have Congress pass a bill in the middle of the night behind closed doors like they usually do,  that any company dropping a drill in the water will pay an immediate 90% excise tax on all their business assets.  There you go, the court cannot block that.

Thu, 07/08/2010 - 20:48 | 459692 AssFire
AssFire's picture

Kevin Book with ClearView Energy Partners notes that "there is little prospect deep-water drilling will resume, even without a moratorium in place," because the Interior Department will still be vetting drilling permit applications to ensure they comply with a host of new safety and environmental regulations imposed since the Deepwater Horizon explosion. Although there is no ban on shallow-water drilling, new exploration in 500 feet or less of water has been stalled as companies comply with the new safety rules and wait for federal regulators to sign off on their permit applications.

Thu, 07/08/2010 - 19:38 | 459595 Fred Hayek
Fred Hayek's picture

You have to go easy on Barry.  He was at Harvard.  Harvard's closest approach to the Constitution is being about five miles away from where the ship is docked.

Thu, 07/08/2010 - 20:47 | 459688 Cpl Hicks
Cpl Hicks's picture

That is an A1 comment!

Thu, 07/08/2010 - 21:10 | 459723 John McCloy
John McCloy's picture

+100

Ironic for the birthplace of our nation huh? Just goes to show us how perfectly the course of events had lined up to allow for our nation to be created considering not a single government/nation previously aside from potentialy Rome was capable of creating such a near ideal form of government to protect property & individuals rights.

 

Thu, 07/08/2010 - 19:46 | 459601 Jendrzejczyk
Jendrzejczyk's picture

The GOM and its economy (tourism and fishing anyway) are dead for the time being. No sense in being cautious now. Drill away.

Thu, 07/08/2010 - 19:56 | 459624 Jendrzejczyk
Jendrzejczyk's picture

Actually I was self censoring- what I meant to say was fuck you all. I hate the daily intrusions on my liberties as much as you, but if what I am doing could kill an entire ecosystem and cause massive financial disaster to millions of people in the Gulf states then I need to be regulated and held accountable. Make sure what I'm doing is as safe as possible.

Thu, 07/08/2010 - 21:48 | 459785 Chump
Chump's picture

I flagged this as junk for two reasons.

1.)  This article is not promoting deregulation.  It is celebrating a court's decision to uphold a previous court's ruling that the President does not have the power to institute a "drilling moratorium" based on the arguments presented by the Obama administration.

2.)  The energy sector itself, and specifically the oil and natural gas drilling industry, and more specifically the deep-water off-shore drilling industry is among the most "regulated" industries in American history.  Which just goes to show, if you buy the right presents and wine and dine the right people, you can still whatever the fuck you want, whenever the fuck you want, however the fuck you want.  Sure, you have to play pretend and keep up appearances and all that, but when the metal meets the meat, rest assured, the regulators you bought long ago will always have your back.  Or did you think there was another reason BP, GS, JPM, so on and so forth makes sure to line the pockets of both political parties, depending on the changing winds?  "Regulation" is a lazy, meaningless catch-all designed to absolve its proponent of his responsibility to think and act while allowing him to pretend everything will be OK because the government is here to help.

If you truly "hate the daily intrusions on [your] liberties as much as you" then perhaps you should step back and ponder why companies are forced to drill so far off-shore under such risky conditions that their actions "could kill an entire ecosystem and cause massive financial disaster to millions of people..."

Fuck the government.  A blood-thirsty psychopath cannot hold a match to a bureaucrat acting in the interest of "the common good."

Thu, 07/08/2010 - 22:27 | 459835 AssFire
AssFire's picture

+100 it is all a shakedown now.

The gov. is not capable of inspecting or enforcing anything. It is all about extortion. The gov makes the Mafia look like a likable bunch in comparison. The Government never clearly tells you what you owe or what it will cost to build or develop something at least you knew where you stood with the mob.

Fri, 07/09/2010 - 20:08 | 461510 Jendrzejczyk
Jendrzejczyk's picture

Thanks for your explanation, and even your junk.

Despite appearances, I did understand the point of the article. I took exception to the "celebration" without regard to the consequences of continuing to drill in areas where we put so much in peril.

Your points on regulation are well taken.

Thu, 07/08/2010 - 19:48 | 459611 NOTW777
NOTW777's picture

barry the suer

sue the CIA

sue AZ

sue oil bus.

black panthers - not so much

Thu, 07/08/2010 - 20:41 | 459679 DoChenRollingBearing
DoChenRollingBearing's picture

Bury the Sewer!

Barry the Soetoro!

Thu, 07/08/2010 - 19:54 | 459620 jkruffin
jkruffin's picture

Well alright now!!  When/Where is the next unstoppable gusher?  I'm taking odds, place your bets!

Thu, 07/08/2010 - 20:02 | 459635 nmewn
nmewn's picture

Peak oil...LOL.

Fri, 07/09/2010 - 08:35 | 460202 John Self
John Self's picture

Joe Biden's mouth?

Thu, 07/08/2010 - 19:58 | 459630 buzzsaw99
buzzsaw99's picture

Kagan to the rescue bitchez!

Thu, 07/08/2010 - 20:15 | 459644 Stanley Lord
Stanley Lord's picture

More and more people are starting to realize we have a president who is interested in payback, who has a real tough time and a real problem with the structure of this country -- and with the behavior of this nation's people for over 220 years.

Thu, 07/08/2010 - 21:12 | 459728 Tom Servo
Tom Servo's picture

Maybe this is Barry's stealth reparations for slavery - make the entire south below the Mason / Dixon line uninhabitable... and stealth Cap and Tax through also!  Win / Win!

 

Thu, 07/08/2010 - 23:00 | 459862 nonclaim
nonclaim's picture

His only blood relation to slavery is from the other side... the east Africa muslins trafficked/traded black slaves much earlier than white Europeans.

[junking me won't change History]

Fri, 07/09/2010 - 12:05 | 460656 Edmon Plume
Edmon Plume's picture

+1

Believe me, if junking you would change the truth of human history, I would junk you.  But a funny thing about facts - they just don't go away that easily.

Thu, 07/08/2010 - 23:45 | 459910 uraniuman
uraniuman's picture

I 'm  sure you are correct - regardless of the junks. Apparently there are still plenty of people not ready to admit they fucked up the last election.

Fri, 07/09/2010 - 11:58 | 460641 Edmon Plume
Edmon Plume's picture

Not only will they not admit it, they will continue to vote for all the wrong people.  All they need is a little populist encouragement, and they'll tip over into leftist insanity once again.  Mark my words.

Thu, 07/08/2010 - 21:14 | 459732 UnBearorBull
UnBearorBull's picture

But, but, Petrobras, and Obama's backer Soros, really needs these rigs in Brazil ASAP!

http://www.investors.com/NewsAndAnalysis/Article/538291/201006232349/Salazars-Ban-Is-Soros-Bonanza.aspx
Fri, 07/09/2010 - 01:02 | 459973 False_Profit
False_Profit's picture

exactly.  the ban would be just enough time to convince most to pick up anchor and float off to greener pastures...and if any stayed around...they would just extend the ban until they did move...

the state of the union disgusts me...i pray for another independence day-soon.

 

sonz of liberty bitchez...

Thu, 07/08/2010 - 21:20 | 459741 plocequ1
plocequ1's picture

 COURTS? COURTS?, We dont need no stinking courts

Thu, 07/08/2010 - 21:24 | 459749 John McCloy
John McCloy's picture

Tyler...Meet your match.

http://www.wired.com/dangerroom/2010/07/code-cracked-cyber-command-logos...

The Anti freedom Internet patrol has gone live.

Thu, 07/08/2010 - 21:45 | 459775 AssFire
Thu, 07/08/2010 - 21:25 | 459754 zevulon
zevulon's picture

it turns out america needs world war III or an actual full social collapse for the president to actually manage the economy in any meaningful way other than issuing more debt. putin must be laughing.

Thu, 07/08/2010 - 21:32 | 459763 disgusted_american
disgusted_american's picture

um, first, the community organizer was NOT a consitutional professor at the University of Chicago, he was a part time lecturer at the law school, where he taught whatever classes that were left over that had to be taught, and he was there for 1.5 years.  Professors who taught there and still teach there have admitted this, not that the Obama-kissing MSM would ever shed light on this.

Second, the community organizer in 2006 on a chicago radio interview said "the US Constitution is fundamentally flawed"

I will agree there were things like women's voting rights and every legal citizen in America to be treated equal and have equal rights, these items had to be amended to be added to the Constitution.

BUT.... for the community organizer to openly admit that the basis of the US Consitution is itself  fundamentally flawed, well seriously, he looks at the US Constituion as toilet paper, how can he be expected to defend something he thinks is "fundamentally flawed"

Of course no Obama-worshipping MSM will ever cover this.

I thought Bush was bad, at least with Bush, the MSM stayed on his case, with the Community Organizer, you've got the entire state run media covering for him, lying for him.

Thu, 07/08/2010 - 23:49 | 459914 uraniuman
uraniuman's picture
+ 1000  Amen!
Fri, 07/09/2010 - 12:33 | 460706 Edmon Plume
Edmon Plume's picture

"the US Constitution is fundamentally flawed"

He got that idea from Thurgood Marshall, as did Kagan.

Obama is not intelligent - he's just superb at stealing others' postmodern lefty art.  He steals a lot from TOTUS, which brings up the extremely scary thought, "from where does totus get it's ideas???"  O's a puppet.  Who's the master?

Fri, 07/09/2010 - 19:48 | 461487 nmewn
nmewn's picture

"He got that idea from Thurgood Marshall, as did Kagan."

I would postulate he got it much earlier in life, from Frank Marshall Davis.

I will leave Mr.Davis' other thoughts and proclivities to those interested enough to pursue them, as I am not.

Thu, 07/08/2010 - 21:37 | 459769 disgusted_american
disgusted_american's picture

and of course the latest FU to the constitutional checks and balances put in by our founders.

a recess appt of Dr. Donald Berwiisck: "Restristribution of wealth is necessary"

yep, why create new wealth if its going to be redistributed anyways?

/and they wonder why no one is taking any risks to create any new companies, jobs, etc

Thu, 07/08/2010 - 23:55 | 459923 AssFire
AssFire's picture

Agreed, there will be no new hires... Obamacare has made employees a big liability. Every company will take all profits this year and sit it out the next two years  begrudging profit and waiting stoically until their toil is not deamonized and they are once again rewarded.

 

 

There is an edit button should you like to add to previous comments in the future

Thu, 07/08/2010 - 22:03 | 459770 Irish Trasher
Irish Trasher's picture

Obama could have stop this spill 4 months into his presidency he made a choice Its all about greed 10 billion dollars worth of greed Here is a link to a wsj article http://online.wsj.com/article/SB10001424052748704699604575342843359124882.html

Thu, 07/08/2010 - 21:57 | 459802 dryam
dryam's picture

But God dammit!, I'm Barrack Obama!  I'm the fucking dictator.....I mean president.

Thu, 07/08/2010 - 22:35 | 459840 Papasmurf
Papasmurf's picture

People are talking like Owe lost this round.  This is exactly the outcome he wanted.  This way he can tell the enviro-folks he tried without suffering the collateral damage an actual moratorium would have caused.

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