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[UPDATED] Will Obama’s deepwater drilling moratorium buoy—or sink—Louisiana?

by AirTalk®

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An oil platform and ships sit at the site of the Deepwater Horizon well head operated by BP on May 6, 2010 in the Gulf of Mexico. Chris Graythen/Getty Images

A federal judge will decide tomorrow whether President Obama’s six month moratorium on new deepwater wells can continue. To the surprise of many watching footage of gushing oil and empty shrimping vessels, Gulf coast residents are some of the most vocal critics of the temporary drilling ban, since oil and natural gas industries play a major role in the local economy. Should the moratorium continue until additional safety checks are completed on existing wells? Or does the Louisiana economy need all the help it can get?

UPDATE: US District Court Judge Martin Feldman has overturned the moratorium on drilling new deepwater wells.

[Updated 11 a.m. PT] A federal judge has overturned the Obama administration's ban on deep-water oil drilling


Jim Tankersley covers energy and environmental policy for the LA Times and the Chicago Tribune from Washington

Kenneth Green, Resident Scholar at American Enterprise Institute

David Pettit, Senior Attorney at the Natural Resources Defense Council

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