Comment

Obama's BP Speech

558
reine.de.tout6/15/2010 7:33:49 pm PDT

re: #544 Macha

I’m sure they did just that, and it should have been made known. It is my understanding that the moratorium is only on new drilling and won’t affect rigs actually working now. Is that true? Or am I misunderstanding? BTW, I’m not anti-oil industry, but feel this is a wake up call to take a much closer look at how business is being done in the industry. 99% of the companies may be straight shooters, but as we are seeing, it is that 1% that can do irreparable damage. Once done, it can’t be undone.

The moratorium is on drilling.

There is no moratorium on current production operations.

these are two separate things.