Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:59 PM

GasBuddy News Article

71
votes
Oil companies return to the Gulf of Mexico

The Christian Science Monitor -- Following the infamous BP oil spill in the Gulf of Mexico back in 2010, all deepwater drilling in the area was shut down, and the whole sector was sent into chaos. However now, according to GlobalData, drilling in the US Gulf of Mexico is starting to grow again, and may soon reach the levels that it was at before the spill.

The study performed by GlobalData suggests that despite the increased restrictions placed upon oil companies working in the Gulf of Mexico, and the high risks and costs involved in deep-water drilling, companies are increasing operations in the area due to the high oil prices.

In the first quarter of 2012 the US government issued 44 drilling permits for the area, compared to just 74 and 79 for the whole of 2010 and 2011 respectively.


Read the Full Article

Submitted Sep 23, 2012 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil companies return to the Gulf of Mexico Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
mackconsult
Champion Author Portland

Posts:5,479
Points:883,085
Joined:Jan 2009
Message Posted: Sep 24, 2012 10:58:24 AM

Yep there they go
Profile Pic
pulpwood
Champion Author Mississippi

Posts:7,394
Points:1,867,880
Joined:Sep 2006
Message Posted: Sep 24, 2012 8:39:19 AM

BP is still cleaning their oil of our beaches daily.
Profile Pic
7SPEEDY7
Champion Author Flint

Posts:3,636
Points:1,231,370
Joined:May 2011
Message Posted: Sep 24, 2012 6:00:40 AM

Good!
Profile Pic
KrsnaDragon
Champion Author Montreal

Posts:5,354
Points:1,173,540
Joined:Nov 2011
Message Posted: Sep 24, 2012 4:22:30 AM

Will BP be more careful this time around..?
Profile Pic
12766
Champion Author New York

Posts:5,113
Points:2,105,590
Joined:Oct 2008
Message Posted: Sep 24, 2012 1:34:00 AM

OK
Profile Pic
hubcapLA
Champion Author Louisiana

Posts:3,905
Points:940,435
Joined:Apr 2009
Message Posted: Sep 24, 2012 1:22:14 AM

Obozo is just tying to get votes.
Profile Pic
SteelPenny
Champion Author Dallas

Posts:37,263
Points:3,250,090
Joined:Sep 2005
Message Posted: Sep 24, 2012 1:14:32 AM

All they'll gert to do is look at the water 'til Zero'BOY is send packing in November.
Remember to VOTE. Another 4 years of him and the country will be ruined.
Profile Pic
unicornpmb
Champion Author Buffalo

Posts:11,234
Points:2,275,945
Joined:Sep 2005
Message Posted: Sep 24, 2012 1:13:52 AM

Welcome back.
Profile Pic
NOTSOGRN
Champion Author Michigan

Posts:2,521
Points:2,081,150
Joined:Dec 2007
Message Posted: Sep 24, 2012 1:08:32 AM

.
.
Once again Mr."0" can be changing D.C. from the out side...well he said he could not do it from the inside...
Hey! Hey! good-bye...
Profile Pic
NAVYHM
All-Star Author Cleveland

Posts:761
Points:1,430,080
Joined:May 2008
Message Posted: Sep 24, 2012 1:07:29 AM

GOOD, ADD MORE PLATFORMS & DRILLING RIGS AS LONG AS ALL SAFETY MANDATES ARE IN PLACS 1ST...
Profile Pic
Thomtec
Champion Author Nashville

Posts:5,166
Points:1,251,885
Joined:May 2011
Message Posted: Sep 24, 2012 1:07:11 AM

Great
Profile Pic
gmcgas
Champion Author Atlanta

Posts:8,767
Points:2,360,520
Joined:Mar 2004
Message Posted: Sep 24, 2012 1:06:57 AM

too much money to be made not to be back in gulf.
Profile Pic
rawdog1313
Champion Author Lexington

Posts:4,878
Points:2,032,720
Joined:May 2008
Message Posted: Sep 24, 2012 1:06:35 AM

Regulate it and Make it Safe and No problem!
Profile Pic
BeatOPEC
Champion Author Indianapolis

Posts:1,506
Points:351,025
Joined:Apr 2011
Message Posted: Sep 24, 2012 1:06:26 AM

Mexico and other countries have already beat us to some of the best sites. Thanks Obama.
Profile Pic
DirtDauber
Champion Author San Antonio

Posts:9,525
Points:2,274,465
Joined:Nov 2005
Message Posted: Sep 24, 2012 1:05:44 AM

Maybe NoBama woke up.
Profile Pic
Jeff4U
Champion Author Atlanta

Posts:11,594
Points:2,495,230
Joined:Nov 2004
Message Posted: Sep 24, 2012 1:03:17 AM

Maybe they return as they expect Obama to soon be retired. Hooray!!!
Profile Pic
Dragnet
Champion Author Arizona

Posts:18,266
Points:3,534,130
Joined:Jul 2004
Message Posted: Sep 24, 2012 1:02:58 AM

Use Stop Leak this time
Profile Pic
Ron77095
Champion Author Houston

Posts:5,801
Points:1,249,025
Joined:Sep 2011
Message Posted: Sep 24, 2012 1:01:48 AM

ok.
Profile Pic
jrsva
Champion Author Virginia

Posts:12,834
Points:2,259,350
Joined:Jan 2006
Message Posted: Sep 24, 2012 12:55:25 AM

Bigwaynenef and 10k have been watching too much Fox Noise or some other wingnut source. The US has not given away any islands to the Russians. The islands listed by 10k are close to the coast of Siberia and lie on the Russian side of the line in a maritime boundary agreement, ratified by 86 to 6 in the Senate and signed by President Bush in 1990. Alaska’s senators, the late Ted Stevens and Frank Murkowski, both Republicans, voted in favor of ratification. The US has made not claim. This is a non-issue. More info

Profile Pic
g747
Champion Author Mobile

Posts:7,118
Points:1,538,630
Joined:Jul 2009
Message Posted: Sep 24, 2012 12:48:18 AM

Please don't pollute the gulf with another spill!!!!.
Profile Pic
silverfoxv65
Champion Author Michigan

Posts:7,264
Points:1,873,855
Joined:Sep 2009
Message Posted: Sep 24, 2012 12:48:12 AM

Election year!
Profile Pic
wang91554
Champion Author San Jose

Posts:5,817
Points:1,827,875
Joined:May 2009
Message Posted: Sep 24, 2012 12:47:10 AM

did they ever leave?
Profile Pic
jkpsr
Champion Author New Jersey

Posts:5,936
Points:1,581,580
Joined:Jun 2005
Message Posted: Sep 24, 2012 12:43:21 AM

Trust, but verify!
Profile Pic
Bubba44612
Champion Author Ohio

Posts:10,058
Points:2,517,365
Joined:Aug 2005
Message Posted: Sep 24, 2012 12:43:20 AM

Good news.
Profile Pic
dwh724
Champion Author Pittsburgh

Posts:4,265
Points:1,280,075
Joined:Apr 2011
Message Posted: Sep 24, 2012 12:42:13 AM

Okay
Profile Pic
Zonk
Champion Author Michigan

Posts:9,185
Points:2,740,050
Joined:Oct 2005
Message Posted: Sep 24, 2012 12:40:11 AM

If there is money to be made, they will be drilling.
Profile Pic
10k
Champion Author North Carolina

Posts:24,947
Points:2,898,175
Joined:May 2006
Message Posted: Sep 24, 2012 12:36:49 AM

aviator:

you ask-i told..you got a problem with that, or does your nobama mentality have to so evident everytime you comment ??..

why don't you go defend them-at least you will have ice for your drinks..

and btw-read your history book, cause japan DID invade the northwest..

[Edited by: 10k at 9/24/2012 12:38:43 AM EST]
Profile Pic
kgbellman
Champion Author Ann Arbor

Posts:5,429
Points:1,376,525
Joined:Mar 2011
Message Posted: Sep 24, 2012 12:33:51 AM

glad it's increasing as long as it is done safely
Profile Pic
1fulltank
Champion Author Buffalo

Posts:10,424
Points:2,153,495
Joined:Nov 2008
Message Posted: Sep 24, 2012 12:32:27 AM

...for now.
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,923
Points:1,044,090
Joined:Mar 2012
Message Posted: Sep 24, 2012 12:31:51 AM

Great, @10k, now please tell me which naval fleet we should send to those ice cubes in order to defend them?

This is like W.W.II, where the U.S. government sent Marines to the Aleutian Islands because we thought Japan wanted to invade Alaska and the Pacific Northwest.
Profile Pic
BobD2009
Champion Author Long Island

Posts:9,687
Points:1,870,460
Joined:Apr 2009
Message Posted: Sep 24, 2012 12:31:31 AM

Must be campain season, not a peep from anti oil Obama.
Profile Pic
boatfloyd
Champion Author Jacksonville

Posts:4,502
Points:1,033,940
Joined:Mar 2012
Message Posted: Sep 24, 2012 12:29:41 AM

It's all about the money
Profile Pic
ssect8
Champion Author Hartford

Posts:10,119
Points:2,495,965
Joined:Jun 2006
Message Posted: Sep 24, 2012 12:28:16 AM

Hopefully this will happen, but OMG (Obama Must Go!)
Profile Pic
tedjm1
Champion Author New York

Posts:5,609
Points:801,050
Joined:Dec 2006
Message Posted: Sep 24, 2012 12:26:37 AM

would never leave it alone
Profile Pic
10k
Champion Author North Carolina

Posts:24,947
Points:2,898,175
Joined:May 2006
Message Posted: Sep 24, 2012 12:26:11 AM

aviator:

you want names-here are the names:

the following Islands which already have been given Russian names: Bennett Island, now Ostrov Bennetta; Wrangel Island, now Ostrov Vrangelya; Hennrietta Island, now Ostrov Genriyetty. Remaining land give away gems are Herald and Copper Islands and Sea Lion Rock and Sea Otter Rocks.
Profile Pic
jrsva
Champion Author Virginia

Posts:12,834
Points:2,259,350
Joined:Jan 2006
Message Posted: Sep 24, 2012 12:25:59 AM


“After Romney wins Nov 6th, the Keystone pipeline gets built and oil prices drop sharply.”

Ummmm, that’s three things that probably will not happen.
Profile Pic
langolera
Champion Author Akron

Posts:4,507
Points:1,308,830
Joined:Sep 2005
Message Posted: Sep 24, 2012 12:25:06 AM

ok
Profile Pic
don10
Champion Author North Carolina

Posts:4,357
Points:957,025
Joined:Jun 2012
Message Posted: Sep 24, 2012 12:24:01 AM

ok
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,923
Points:1,044,090
Joined:Mar 2012
Message Posted: Sep 24, 2012 12:23:22 AM

I'd like to know what plans did the oil drillers put in place to prevent another Deepwater Horizon fiasco?

And for those clamoring for energy independence, how do you intend to make that happen when Big Oil is very content to export all of that new domestically produced oil out of the country?
Profile Pic
frostyWV
Champion Author West Virginia

Posts:2,340
Points:521,130
Joined:May 2011
Message Posted: Sep 24, 2012 12:22:43 AM

good
Profile Pic
jrsva
Champion Author Virginia

Posts:12,834
Points:2,259,350
Joined:Jan 2006
Message Posted: Sep 24, 2012 12:21:58 AM

“Great if it reduces prices.”

Good luck with that. Deep-water drilling is expensive. Note that the increased activity in the Gulf is “due to the high oil prices.” Drilling for oil under difficult and dangerous conditions is unlikely to lead to lower prices.
Profile Pic
NedW
Champion Author Indianapolis

Posts:7,980
Points:1,684,585
Joined:Mar 2008
Message Posted: Sep 24, 2012 12:19:55 AM

What if all of America's natural resources are collateral on the debt we're in with China?
Profile Pic
ramshot412
Champion Author Riverside

Posts:22,711
Points:3,058,470
Joined:Apr 2004
Message Posted: Sep 24, 2012 12:19:33 AM

goodie
Profile Pic
inspiretl
Veteran Author New Jersey

Posts:417
Points:169,530
Joined:May 2012
Message Posted: Sep 24, 2012 12:19:19 AM

now what about the price of oil?
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,923
Points:1,044,090
Joined:Mar 2012
Message Posted: Sep 24, 2012 12:18:46 AM

Which islands, @Bigwaynef, and can you name them?
Profile Pic
Buffalo Joe
Champion Author Alberta

Posts:11,041
Points:3,138,850
Joined:Feb 2003
Message Posted: Sep 24, 2012 12:18:31 AM

If there is money to be made, oil companies will be in the hunt.
Profile Pic
kacansas
All-Star Author Twin Cities

Posts:992
Points:292,705
Joined:Aug 2005
Message Posted: Sep 24, 2012 12:18:25 AM

Weird place to get "news" about the oil sector???????????
Profile Pic
bobdec
Champion Author Miami

Posts:11,502
Points:2,380,320
Joined:May 2008
Message Posted: Sep 24, 2012 12:18:16 AM

Great if it reduces prices
Profile Pic
rollercoaster
All-Star Author Hartford

Posts:502
Points:572,885
Joined:Jul 2008
Message Posted: Sep 24, 2012 12:18:11 AM

good !!!
Profile Pic
regout
Champion Author Quebec

Posts:5,660
Points:1,473,430
Joined:May 2010
Message Posted: Sep 24, 2012 12:17:54 AM

Old news.
Post a reply Back to Topics