Friday, July 9, 2010 9:01 AM
Need-To-Know Memo, July 9
By Amy Harder, NationalJournal.com
1) A federal appeals court on Thursday rejected the Obama administration's efforts to reinstate its deepwater drilling moratorium in the Gulf of Mexico (Wall Street Journal). The Interior Department is expected to issue a new moratorium as early as today (New York Times).
2) If the two relief wells being drilled don't stop the leak in the gulf, BP may transfer the oil to other wells nearby. It's an easy process but not quick, according to one expert (AP). BP has a lot of complicated tasks to do before the relief wells are finished (Washington Post).
3) Attorney General Eric Holder said Thursday that the Justice Department's investigation into the oil spill is focusing on more companies and individuals than just BP and its employees (CNN). If criminal neglect is found on the part of BP, CEO Tony Hayward may lose his job after all (The Guardian).
4) Manufacturing and business groups, along with the state of Texas, are challenging EPA's new emissions standards for cars and light-duty trucks (Greenwire -- subscription).
5) There seems to be a growing consensus that the Senate will move forward with an energy-only bill and that a renewable electricity standard will be the core of it (Politico).
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