Another victory for the free market:
A federal judge has denied the Obama administration’s request to stay his ruling lifting a moratorium on offshore drilling moratorium until an appeals court could review the case.
In an emergency hearing Thursday, U.S. District Judge Martin Feldman denied the government’s motion to stay pending appeal “for the same reasons given in [the] Court’s June 22, 2010 order granting the plaintiffs’ motion for preliminary injunction.”
The six-month ban had halted all drilling in more than 500 feet of water and prevented new permits from being issued.
I find it rather odd that the usual suspects are not celebrating this. Where are all the congratulatory posts and videos from the Fonzi of Freedom Nick Gillespie? Where are the hurrahs from the clowns at the Competitive Enterprise Institute? Why no cake and ice cream at CATO? Their point of view is winning in this ruling, so why are they not out their owning it?
Because, as we know, the free market, like the right wing blogosphere, is self-correcting, and consumers will punish oil companies who spill crude all over the entire nation and kill everything in its path. We don’t need no stinking bans!