Update on the US government’s 2011 attack on Gibson Guitars.

    To refresh your memory: the government decided that the Gibson Guitar company was in violation of Indian law (which, thanks to something called the Lacey Act, meant that they had the right to butt in), so they went and raided Gibson’s factory and confiscated a half-million dollars’ worth of raw materials. Happened back in August 2011, and guess what? The feds still haven’t pressed charges! | Read More »

    Judge Rules Against New Drilling Regs

    In the aftermath of the BP spill, federal regulators promulgated sweeping new rules governing the drilling and operation of offshore wells. These new rules apply not only to the operators of deepwater wells, like BP’s Macondo, but to shallow water drilling as well. Largely as a result of these new rules, and uncertainty among regulators and the oil and gas operators as to their meaning | Read More »