Quote:
Originally Posted by Donger
The icky part is that the drilling moratorium in the Gulf of Mexico has reduced our production. It's over now, but permits are slow coming.
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This administration has lumped shallow-well platforms in with deep-water drilling sites such that both are subject to the increased scrutiny by regulators. Without boring you with a bunch of technical crap about the
E & P sector of the Oil industry, the point is that the shallow wells (that would be on or near the continental shelf which are just hundreds of feet in depth vs the thousands of feet in deep-water sites), actually have the all important BOP (blow out preventer) on the platform above sea-level just like on land-based drilling rigs vs being thousands of feet deep as the Horizon platform was.
This is no accident, it's the Tree-Huggers in the Obama adminstration tieing up the industry and preventing it from producing that much needed domestic oil production and in turn causes us having to import more which is bad for jobs, bad for tax revenues, and bad for national security if those increased oil imports origionate in unfriendly places like the MidEast.....FWIW ?