WSJ "But a group representing shallow-water drillers said Monday uncertainty about Interior Department drilling policy has frozen activity in their industry, affecting hundreds of rigs.
""Despite assurances from the White House and the Interior Department, about one-third of the shallow water fleet has been idled by the application of what can only be called a de facto moratorium," said Jim Noe, Senior Vice President and General Counsel of Hercules Offshore, a large shallow-water driller."
Weasel Zippers: "This is a rogue regime, now openly flouting the Federal Appeals court ruling…"
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