Judge Who Lifted Off Shore Drilling Ban Has Oil Investments

According to the Associate Press Louisiana judge who struck down the Obama administration’s six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He’s also a new member of a secret national security court.

This undated photo provided by the office of U.S. District Judge Martin L. C. Feldman, shows Judge Feldman, Feldman struck down the Obama administration’s six-month ban on deepwater oil drilling in the Gulf of Mexico as rash and heavy-handed Tuesday, June 22, 2010, saying the government simply assumed that because one rig exploded, the others pose an imminent danger, too.

U.S. District Judge Martin Feldman, a 1983 appointee of President Ronald Reagan, reported owning less than $15,000 in stock in 2008 in Transocean Ltd., the company that owned the sunken Deepwater Horizon drilling rig.