The Rising Influence of Rising Affluence

[OakesCS]

moratorium expiry scepticism

from Tues WSJ

A de facto freeze on federal permits for new shallow-water oil and gas wells could be starting to thaw.

The Obama administration has approved a permit to drill a new well in the shallow waters of the Gulf of Mexico, the first such clearance since new safety regulations were put in place in response to the BP PLC oil spill....

Since issuing new shallow-water drilling-safety regulations in early June, the Interior hadn't approved any new well permits.

this should serve as sufficient evidence that when Nov 30 comes and goes I wouldn't hold my breath waiting for deepwater drilling to recommence.