Rick's Blog

Judge who banned ban owns Haliburton stock

Nothing is ever clean when it comes to this BP oil disaster that is entering its ninth week. Canadian Business Online is reporting that U.S. District Judge Martin Feldman, a 1983 appointee of President Ronald Reagan and who struck down the President Obama’s six-month ban on deepwater oil drilling in the Gulf of Mexico, has reported extensive investments in the oil and gas industry.

Feldman’s 2008 financial disclosure report — the most recent available — also showed investments in Ocean Energy, a Houston-based company, as well as Quicksilver Resources, Prospect Energy, Peabody Energy, Halliburton, Pengrowth Energy Trust, Atlas Energy Resources, Parker Drilling and others. Halliburton was also involved in the doomed Deepwater Horizon project.

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