InvestorsHub Logo
Followers 46
Posts 3982
Boards Moderated 0
Alias Born 12/15/2006

Re: uncleremus post# 97093

Saturday, 06/05/2010 11:28:20 AM

Saturday, June 05, 2010 11:28:20 AM

Post# of 107353
"Department of the Interior officials said in a statement that the moratorium was meant only to halt permits for the drilling of new wells. It was not meant to stop permits for new work on existing drilling projects like the Deepwater Horizon."

In the days since President Obama announced a moratorium on permits for drilling new offshore oil wells and a halt to a controversial type of environmental waiver that was given to the Deepwater Horizon rig, at least seven new permits for various types of drilling and five environmental waivers have been granted, according to records.
The records also indicate that since the April 20 explosion on the rig, federal regulators have granted at least 19 environmental waivers for gulf drilling projects and at least 17 drilling permits, most of which were for types of work like that on the Deepwater Horizon shortly before it exploded, pouring a ceaseless current of oil into the Gulf of Mexico
http://www.nytimes.com/2010/05/24/us/24moratorium.html

Despite this, I do hope DPDW is focused on overseas projects in Brazil and Africa.

My posts are my opinions. Always dd to your own comfort level.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KLNG News