Was Obama right to lift the drilling moratorium?

With new, post-BP spill safety rules in place, the administration will allow deepwater drilling to resume in the Gulf. Is that a good idea?

The BP oil spill brought the business of offshore drilling to the forefront of the nation's consciousness.
(Image credit: Corbis)

The White House has lifted the deepwater drilling moratorium imposed after a ruptured BP well began spewing oil into the Gulf of Mexico in April. President Obama was under intense pressure to rescind the ban, particularly from energy executives and politicians in Gulf states heavily dependent on oil-industry jobs. But administration officials said they only decided to lift the ban early — it was supposed to last until Nov. 30 — once they felt confident that the rules in place would prevent another blowout. Is this a smart move, or is Obama risking another disaster in order to appease his critics? (Watch a PBS discussion about the moratorium's end)

A welcome decision and not a moment too soon: President Obama was right to lift this "overly broad, economically destructive ban," say the editors of the New Orleans Times-Picayune. The new standards to prevent a repeat of the BP disaster are certainly a comfort. "But the economic pain caused by the moratorium won't end until actual drilling resumes," and for that to happen — in deep or shallow water — the government will have to streamline the "cumbersome" new permitting process.

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