This must be why so many new drillships are coming!

Looks like the US federal government is about to get downright agressive about developing the potential of the OCS

Obama announces 38 million acres in the Gulf for lease

Anyone for Mardi Gras this year? Laissez les bon temps roulez!

About freaking time. Obama won’t approve the keystone pipeline, but will hold a new ‘lease sale’; go figure.

I don’t care where the oil comes from, as long as jobs are attached to it! Anything to spur more offshore activity is a good thing for sure.

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The Keystone pipeline will be built once Nebraska issues the requisite permits. Within a year the pipeline will have a clear pathway to be constructed from Canada to the Gulf of Mexico. Jobs!