InvestorsHub Logo
Followers 833
Posts 119916
Boards Moderated 17
Alias Born 09/05/2002

Re: OakesCS post# 1271

Tuesday, 07/13/2010 6:54:51 AM

Tuesday, July 13, 2010 6:54:51 AM

Post# of 29421
We already knew the Commission was mainly political; within this context, it regrettably makes perfect sense for Salazar to take his cue regarding the moratorium from a panel dominated by environmentalists and anti-drilling types.

Nevertheless, I do see some progress on this matter insofar as the latest order sets 11/30/10 as the target date for ending the moratorium. Whether the target will be met remains to be seen, of course, but merely having a stated deadline is an improvement of sorts.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.