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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.


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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
mackconsult
Champion Author Portland

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Message Posted: Sep 24, 2012 10:58:24 AM

Yep there they go
pulpwood
Champion Author Mississippi

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Message Posted: Sep 24, 2012 8:39:19 AM

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

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Message Posted: Sep 24, 2012 6:00:40 AM

Good!
KrsnaDragon
Champion Author Montreal

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Message Posted: Sep 24, 2012 4:22:30 AM

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

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Message Posted: Sep 24, 2012 1:34:00 AM

OK
hubcapLA
Champion Author Louisiana

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Message Posted: Sep 24, 2012 1:22:14 AM

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

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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.
unicornpmb
Champion Author Buffalo

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Message Posted: Sep 24, 2012 1:13:52 AM

Welcome back.
NOTSOGRN
Champion Author Michigan

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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...
NAVYHM
All-Star Author Cleveland

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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...
Thomtec
Champion Author Nashville

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Message Posted: Sep 24, 2012 1:07:11 AM

Great
gmcgas
Champion Author Atlanta

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Message Posted: Sep 24, 2012 1:06:57 AM

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

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Message Posted: Sep 24, 2012 1:06:35 AM

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

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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.
DirtDauber
Champion Author San Antonio

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Message Posted: Sep 24, 2012 1:05:44 AM

Maybe NoBama woke up.
Jeff4U
Champion Author Atlanta

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Message Posted: Sep 24, 2012 1:03:17 AM

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

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Message Posted: Sep 24, 2012 1:02:58 AM

Use Stop Leak this time
Ron77095
Champion Author Houston

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Message Posted: Sep 24, 2012 1:01:48 AM

ok.
jrsva
Champion Author Virginia

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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

g747
Champion Author Mobile

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Message Posted: Sep 24, 2012 12:48:18 AM

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

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Message Posted: Sep 24, 2012 12:48:12 AM

Election year!
wang91554
Champion Author San Jose

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Message Posted: Sep 24, 2012 12:47:10 AM

did they ever leave?
jkpsr
Champion Author New Jersey

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Message Posted: Sep 24, 2012 12:43:21 AM

Trust, but verify!
Bubba44612
Champion Author Ohio

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Message Posted: Sep 24, 2012 12:43:20 AM

Good news.
dwh724
Champion Author Pittsburgh

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Message Posted: Sep 24, 2012 12:42:13 AM

Okay
Zonk
Champion Author Michigan

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Message Posted: Sep 24, 2012 12:40:11 AM

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

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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]
kgbellman
Champion Author Ann Arbor

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Message Posted: Sep 24, 2012 12:33:51 AM

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

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Message Posted: Sep 24, 2012 12:32:27 AM

...for now.
Aviator_Rob
Champion Author New York

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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.
BobD2009
Champion Author Long Island

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Message Posted: Sep 24, 2012 12:31:31 AM

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

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Message Posted: Sep 24, 2012 12:29:41 AM

It's all about the money
ssect8
Champion Author Hartford

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Message Posted: Sep 24, 2012 12:28:16 AM

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

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Message Posted: Sep 24, 2012 12:26:37 AM

would never leave it alone
10k
Champion Author North Carolina

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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.
jrsva
Champion Author Virginia

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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.
langolera
Champion Author Akron

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Message Posted: Sep 24, 2012 12:25:06 AM

ok
don10
Champion Author North Carolina

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Message Posted: Sep 24, 2012 12:24:01 AM

ok
Aviator_Rob
Champion Author New York

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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?
frostyWV
Champion Author West Virginia

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Message Posted: Sep 24, 2012 12:22:43 AM

good
jrsva
Champion Author Virginia

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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.
NedW
Champion Author Indianapolis

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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?
ramshot412
Champion Author Riverside

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Message Posted: Sep 24, 2012 12:19:33 AM

goodie
inspiretl
Veteran Author New Jersey

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Message Posted: Sep 24, 2012 12:19:19 AM

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

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Message Posted: Sep 24, 2012 12:18:46 AM

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

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Message Posted: Sep 24, 2012 12:18:31 AM

If there is money to be made, oil companies will be in the hunt.
kacansas
Champion Author Twin Cities

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Message Posted: Sep 24, 2012 12:18:25 AM

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

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Message Posted: Sep 24, 2012 12:18:16 AM

Great if it reduces prices
rollercoaster
All-Star Author Hartford

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Message Posted: Sep 24, 2012 12:18:11 AM

good !!!
regout
Champion Author Quebec

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Message Posted: Sep 24, 2012 12:17:54 AM

Old news.
Bigwaynef
Champion Author South Carolina

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Message Posted: Sep 24, 2012 12:17:15 AM

Don't worry if we own the land an it has plenty of oil Obama will give it away free just like the Alaskan islands he gave to Russia. This is not bull he actually gave the islands away...
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