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Gulf rig owner criticizes Obama’s drilling halt

Just when you thought you heard it all regarding the BP oil spill in the Gulf, you hear this.

On the sidelines of an oil conference in London, Transocean Ltd. president Steven Newman said there were things President Barack Obama’s administration “could implement today that would allow the industry to go back to work tomorrow without an arbitrary six-month time limit.”

Sometimes it’s best to stop, pause and analyze Steve, especially when people died and 5,000 barrels of oil a day are leaking into the Gulf of Mexico.

Read more about what Steve Newman thinks about the Gulf of Mexico oil spill on Yahoo!.

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