The Rising Influence of Rising Affluence

[Kadaicher1]

Dew, I guess the eplanation is because they can. Most of their assets float and are very mobile and an increasingly larger portion of their work is in foreign waters. In the case of the deepwater drillers, I heard talk about relocation as soon as the Democrats started talking about making big oil pay during the run up to the election.
Now there is the apparent obstructive attitude of the regulators in the GOM thanks to that Swiss company Transocean. Companies have been relocating as many rigs as they can out of the GOM. That is how it looks to me.