This article depressed me.
This past Friday, Diamond Offshore announced that it’s relocating its Ocean Endeavor oil drilling rig from the Gulf to Egyptian waters. This is likely the first of many rigs which will be moved outside of the US, because of all the moratorium crap Obama has started in response to the BP oil spill. In fact, the CEO of Diamond said, “As a result of the uncertainties surrounding the offshore drilling moratorium, we are actively seeking international opportunities to keep our rigs fully employed. We greatly regret the loss of U.S. jobs that will result from this rig relocation.”
But in his infinite wisdom, Obama wants his commission to have time to investigate the cause of the spill, and implement a whole bunch of new standards, and basically make it completely impossible to drill for oil. Because commissions are his solution for everything.
Early estimates suggest that up to a dozen rigs could leave the Gulf because of the moratorium. And it’s unlikely that they’ll return any time soon, if ever.
Look – I’m ALL ABOUT researching and exploring new sources of energy. BUT AT THE SAME TIME as we keep drilling. Why is it so hard for Obama to understand that if everyone is drilling EXCEPT US, that it makes us MORE dependent on foreign oil? We need to be aggressively pursuing our OWN sources of energy, INCLUDING oil.








