Reuters: The oil drilling industry goes head-to-head with the Obama administration in court on Thursday over the White House effort to suspend deepwater oil drilling in the Gulf of Mexico for six months in the wake of the catastrophic BP Plc well blowout. Given the business and environmental stakes, the U.S. Court of Appeals for the Fifth Circuit in New Orleans is expected to rule quickly, after a rare one-hour oral argument on Thursday, on whether deepwater drilling should be temporarily …