seems that the judge thought that the financial loss to the region is more important than potential blowouts
per cnn breaking news today at noon
I usually pay attention to the actual findings of the court. A banner headline on Drudge or Huffington post just doesn't cut it.
These things are always more complicated than us message board hacks make them out to be.
The judge didn't decide economics are more important than blow outs.
He decided that the Interior Dept. didn't exercise due diligence in explaining why the moratorium was neccessary.
“The court cannot substitute its judgment for that of the agency, but the agency must ‘cogently explain why it has exercised its discretion in a given manner,’” Feldman said, citing a previous ruling. “It has not done so.”
It's the arbitrary and capricious standard that Interior ran up against. They have to get their ducks lined up when this goes back to court.
What's going to happen, is that the Interior Dept is going to appeal and submit a new plan.
The other thing, is that there is no "moratorium". I think that "moratorium" crap was just a charade implemented for mostly political purposes. And to get the dolphin huggers to shut up. The MMS continues to issue drilling waivers. I don't understand all the complexity, but it's clear that MMS is trying to walk a fine line between totally shutting down drilling, and getting caught with their pants down again, by not exercising appropriate oversight.
"Moratorium" is just political kabuki theater, as far as I can tell. These regulator dudes, who should have been nazi tree huggers instead of industry whores, are going to have to find the sweet spot between requiring more robust environmental reviews by the oil companies, and making sure an entire american industry isn't shut down.
That's why smart people work on this shit. It's complicated, and multiple factors have to be considered. It's not like a Glenn Beck twitter where he can just say any bullshit he wants.