The Friendly Money Making Board

[plastipunk]

U.S. politics and media could provide opportunity elsewhere...

"Oil and gas leaks into the Gulf and have occurred for thousands of years. Oil naturally seeps from subsea reservoirs all over the world; producers even look for natural seeps as an indicator of good regions for further exploration. Although the exact amount of oil seepage is unknown, estimates suggest that 1 to 1.5 million barrels of oil (42 to 63 million gallons) leak into the Gulf of Mexico each year. Here’s a satellite image (see link below) from NASA dated 2006 that shows several oil seeps in the Gulf."

"And it’s not just the rigs. Deepwater projects are extremely service-intensive. Companies such as Schlumberger (NYSE: SLB) and Baker Hughes (NYSE: BHI) have sizable workforces stationed in the Gulf--workers experienced in handling all sorts of functions related to drilling technically complex wells. The services firms will likely relocate staff members to other deepwater regions."

http://seekingalpha.com/article/210333-straight-talk-on-the-bp-oil-spill?source=email