U.S. in Contempt Over Gulf Drill Ban, Judge Rules

Offshore
1

http://www.bloomberg.com/news/2011-02-03/u-s-administration-in-contempt-over-gulf-drill-ban-judge-rules.html

Any of you GOM guys know about this? With what is going on overseas and oil prices going up, maybe this can gain some traction.

2

[QUOTE=RkyMtn Paul;46648]http://www.bloomberg.com/news/2011-02-03/u-s-administration-in-contempt-over-gulf-drill-ban-judge-rules.html

Any of you GOM guys know about this? With what is going on overseas and oil prices going up, maybe this can gain some traction.[/QUOTE]

The only thing that is going to save the GOM is Egypt falling, Saudi Arabia falling right after and oil prices above $150. Production is till good but exploration in the US is going away. Witness BP signing that deal with Russia in the Arctic and China drilling off the coast of Cuba