- Special Sections
- Public Notices
NEW ORLEANS (AP) — The owner of the drilling rig involved in the massive oil spill in the Gulf of Mexico criticized the U.S. government's six-month ban on deepwater drilling in the area Tuesday.
On the sidelines of an oil conference in London, Transocean Ltd. president Steven Newman said there were things President Barack Obama's administration "could implement today that would allow the industry to go back to work tomorrow without an arbitrary six-month time limit."
Transocean owns the Deepwater Horizon rig, which was run by British oil company BP PLC. An April 20 explosion on the rig killed 11 workers and set off the worst offshore oil spill in U.S. history.
The criticism came a day after a federal judge in New Orleans began to mull lifting the moratorium, which the Obama administration imposed after the disaster began, and the administrator of a $20 billion fund to compensate oil spill victims pledged to speed payment of claims.
Judge Martin Feldman said he will decide by Wednesday whether to overturn the ban.
During Monday's two-hour hearing, plaintiffs' attorney Carl Rosenblum said the six-month suspension of drilling work could prove more economically devastating than the spill itself.
"This is an unprecedented industrywide shutdown. Never before has the government done this," Rosenblum said.
If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.
Click the question mark below to see where your account ID appears on your mailing label.
If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.