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the cork

07/14/10 1:36 PM

#3143 RE: Logic1 #3142

Didn't see that particular article till you shared it Logic, but it does make sense.

Lawmakers are going to be more sensitive to any oil and gas related pollution as their constituents voice their concerns.

The way I see it, there will be more emphasis placed on onshore supply, as offshore drilling becomes more of a hot potato.

Any additional regulation or restrictions on onshore drilling bodes well for us.

It could come down to "if you can clean it, you can drill it, and if you can't you can't."

I believe we can clean it.

ESPH has the proverbial "better mouse trap" and by what ever circuitous route, a path will be beat to our door.

It could very well be those additional future regulations that provide the catalyst for beating that path.

GLTA !!
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the cork

07/14/10 1:40 PM

#3144 RE: Logic1 #3142

Sorry for the duplication. I seem to be having IHUB issues today LoL!

GLTA !!
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the guru

07/14/10 6:18 PM

#3152 RE: Logic1 #3142

Log.,i have to jump to the comments regarding safety measures...History facts tell me,that D.Cheney did NOT require safety measures for BP put into place in the GOM !!

550000 Dollars would be the cost of a blowout preventer,but as said previously, BP was not required to install it.
Did anybody of the media guys refer to this......let me guess...

You will not hear any discussion of safety measures in the North Sea,or offshore-drilling in Brazil...why.....because they incorporated those BOP's.

New legislature will come,be it 4 on/offshore drilling,but it will take time.
Cheap energy,defin. a thing of the past!
This might not bode well for the economy...and THEY know it!!!