Drilling and Oil Companies Active in the Gulf of Mexico List

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By billyaustindillon


Guide to Oil Exporation

Nontechnical Guide to Petroleum Geology, Exploration, Drilling and Production (2nd Edition)Nontechnical Guide to Petroleum Geology, Exploration, Drilling and Production (2nd Edition)Francis Smith, Oil FinderFrancis Smith, Oil FinderOil  Gas Production in Nontechnical LanguageOil Gas Production in Nontechnical Language

Understanding Drilling for Oil

Nontechnical Guide to Petroleum Geology, Exploration, Drilling and Production (2nd Edition)Nontechnical Guide to Petroleum Geology, Exploration, Drilling and Production (2nd Edition)Empires of Industry - Black Gold: The Story of Oil (History Channel)Empires of Industry – Black Gold: The Story of Oil (History Channel)DEEP WATER: The Gulf Oil Disaster and the Future of Offshore DrillingDEEP WATER: The Gulf Oil Disaster and the Future of Offshore DrillingA Primer of Oilwell Drilling, 7th Ed.A Primer of Oilwell Drilling, 7th Ed.

Active Drillers in the Gulf of Mexico

Oil and Gas Rig Contractors Active in the
Gulf of Mexico

Based on the latest fleet status reports
the number of rig contractors and operators in the Gulf of Mexico and active in
Shallow water include the following.

  • Transocean 13 active 0 in shallow water
  • Hercules Offshore 12 active 12 in shallow water
  • Diamond Offshore 10 active 4 in shallow water
  • Ensco 8 active 6 in shallow water
  • Rowan 7 active 7 in shallow water
  • Noble Corp 6 active 0 in shallow water
  • Seadrill 1 active 0 in shallow water

Oil and Gas Rig Operators Active in the
Gulf of Mexico

  • Chevron 8 active 5 in shallow water
  • Apache 4 active 4 in shallow water
  • Shell 4 active 1 in shallow water
  • Anadarko 3 active 0 in shallow water
  • BP 3 active 0 in shallow water
  • Eni 3 0 in shallow water
  • ADTI (Drilling subsidiary of Transocean) 3
    active 3 in shallow water
  • LLOG (Privately owned) 3 active 2 in shallow
    water
  • WT Offshore 2 active 2 in shallow
    water
  • BHP Billiton 2 active 0 in shallow water
  • McMoRan Exploration 2 active 2 in shallow
    water

Refineries Nearest to the Oil Spill

In addition to the drilling rig operators
and contractors refineries are also significant in the area due to the impact
of energy supply from the spill.

The following list sourced from the U.S.
Energy Information Administration shows the rigs in closet proximity to the
Gulf Coast spill zone.

Louisiana

  • Conoco: Alliance in Belle Chasse – 247,000
    bpd
  • Murphy: Meraux – 120,000 bpd
  • Chalmette: Chalmette – 192,500 bpd
  • Shell: St. Rose – 55,000 bpd
  • Valero: Norco – 185,000 bpd
  • Motiva: Norco – 236,400 bpd
  • Marathon: Garyville – 256,000 bpd
  • Motiva: Convent – 235,000 bpd

Mississippi

  • Chevron: Pascagoula — 330,000 bpd

Further to this list of Drilling and oil
companies in the Gulf of Mexico there are currently 18 operators with just one
oil and gas rig active in the Gulf of Mexico. Two of these rigs are reported as
being under contract with an ‘undisclosed’ party.

It will be interesting to
watch future activities with these firms, particularly foreign firms since the
spill. Trader, analyst, political and shipbrokers responses will be noted
accordingly. The spill had a huge affect on the market capitalization of both drilling firms party to the spill and otherwise. The BP market cap lost over $100 billion.

Joshua Kell profile image

Joshua Kell 9 months ago

Excellent hub, and very well written. This whole thing just makes me sick, now they’ve done it! I can’t believe this horror show hasn’t been resolved yet. It is really sad. The earth will be utterly spoiled by humanity, if we don’t get some common sense about caring for the earth. I don’t think human beings are capible of agreement on anything. I hate to say it, but its probibly too late. Any day now I expect the shit to hit the fan. I have been saying it for years and it hasn’t happened yet, but it looms closer than ever. Thanks for the great write.

Nellieanna profile image

Nellieanna 9 months ago

It is MOST sad. And yes, Joshua – without some common sense – it bodes bleakness.

Billy – the fact that those 2 (out of 18) operators with only one rig – but that any – can be under contract with an “undisclosed” party is REALLY

Surely this country – or the international community at least – has some say in WHO is running this horror show!! That one really gives me the willies. And this county’s Mexico the Central American countries shorelines are being threatened! We surely have a right to know any entity involved in it!!!! That’s scary.

Thanks for the well-done report.

billyaustindillon profile image

billyaustindillon 9 months ago

Joshua thanks for your comments – it is startling that a month has gone by and the burst pipe is still unplugged. Common sense the human being in mass seems to have forgotten, some would say never had. It keeps hitting the fan it seems to be splattered everywhere with the economic messes, environmental messes and cultural messes that a rife in the world.

billyaustindillon profile image

billyaustindillon 9 months ago

Nellieanna yes that is startling that the EIA says they are unknown – I to find that hard to believe – no doubt a myriad of shelf companies and the like. I would imagine it isn’t the majors as it would show up in the reports. That is what is surprising with BP being a major, with the accident and then the failure to stop the leak. Though I have said before it the one with the bad safety record. The maker of the valve ultimately I think will be the culprit.

50 Caliber profile image

50 Caliber 9 months ago

Interesting article, generated an interesting comment. The spoiling of the earth is coming from over exploitation by the greedy, fueled by the lazy who would never, but soon will be forced to walk a mile for a camel

billyaustindillon profile image

billyaustindillon 9 months ago

So eloquently put 50 Caliber :)

dahoglund profile image

dahoglund 9 months ago

There have been some irregularities reported but I haven’t heard about any follow up.

breakfastpop profile image

breakfastpop 9 months ago

50 caliber has echoed my feelings to a tee. I wonder, where is the Obama administration in all of this. Are they going to wait until our coastline is destroyed forever?

billyaustindillon profile image

billyaustindillon 9 months ago

dahoglund all I have heard is the continual attack on BP by Obama and crew – what about Halliburton and Transocean – it was their freaking rig and part! To quote Pop BP is being under the bus by themselves on this – watch international business being not so thrilled by Obama’s actions – if your going to blame then blanket blame them – playing politics over such a disaster is not what we need.

billyaustindillon profile image

billyaustindillon 9 months ago

Pop they are up there playing the blame game when we need an action plan – it is great to say we will make BP pay well great what about doing all you can do to protect OUR coast line?

reddog1027 profile image

reddog1027 9 months ago

I shuddered when I heard the slick had reached the Florida Keys. This slick will effect the earth for generations to come. Keep us posted as this tragedy unfolds.

billyaustindillon profile image

billyaustindillon 9 months ago

Sadly Reddog it has got into the Loop Current – there are shots from Nasa in the dispersment hub.

sheila b. 9 months ago

Thanks for gathering all of this information. As for the ‘spill’, it’s unbelievable to me that a month has passed and they haven’t figured out a way to stop it.

valeriebelew profile image

valeriebelew 9 months ago

No body listens until something happens. What happened to the plans to brainstorm for new energy supplies? I haven’t heard anything more about them recently. We should be working overtime to find other methods of travel that are independent of foreign oil, and avoid this kind of environmental destruction. I guess the republicans still want more drilling. The whole thing makes me angry and sick. (: v

billyaustindillon profile image

billyaustindillon 9 months ago

Thanks Sheila – it really is shocking that it is still flowing as freely as it is.

billyaustindillon profile image

billyaustindillon 9 months ago

It is amazing that nothing has happened – I think it isn’t a Republican or Democrat issue they both have their chances either way – the consistant thing is inertia and hot air. Oh one more thing they both get lobby money which sums it up for me. I also would have thought as left and green as Obama is meant to be there would have been a bigger effort to save the coast rather than just pontificate about BP – what the heck? I simply just don’t get it – just more politics to hell with finding solutions,working with the cleanup etc etc Surely this should be a priority no?

Merlin Fraser profile image

Merlin Fraser 9 months ago

Any accident involving an oil rig or worse an offshore platform where oil and gas escapes are a disaster. First you take care of the disaster then you can work on the recriminations at a later date.

What I see and hear in the media, and I’m sorry to say here on Hubs is recrimination first which is in my opinion the Cart before the Horse and is far from helpful.

Of course what has happened in the Gulf of Mexico is a major disaster and I feel fairly certain that all concerned are and have been treating it as one and doing everything possible to contain the situation.

Producing Oil and Gas is a dangerous and risky business, I should know I was in the Oil Business for well over twenty years and was involved in two major oil blowouts in that time and I can assure you all that the same questions were asked at each. Why isn’t anybody doing anything ? Why won’t they take responsibility and stop it ?

Unfortunately in the instant world of today such things have no easy or quick fix solutions and yes all the time things are tried and fail the pollution situation merely gets worse.

If my personal experience is anything to go by then no expense is being spared and every oil expert in the world who can help will already be involved. Their priority will be to bring that well under control as quickly as possible while they try and contain the oil on the surface. No easy task if there is any wind and/or wave activity.

Counting the cost will come later, so should recrimination, Media speculation and Blame.

billyaustindillon profile image

billyaustindillon 9 months ago

Merlin thanks for your comments as always. I think the point I have tried to make is the following, BP has a poor safety record, fix the problem first blame later (which you agree with), if you are blaming there is more than BP to blame, politicians stop trying to get milage out of this and do all you can to fix the problem. I have little doubt that big oil is doing its best to fix this and help but shouldn’t the government be doing it also? Oil and as is a dangerous bis and an overwhelming percentage of Americans (probably 99% rely on oil and choose to ignore those risks. What does that mean, we are responsible in some way.

TinaMarieTad profile image

TinaMarieTad 9 months ago

Billy~ This is such a devastating disaster with ramifications still to be realized. I am alarmed at the finger pointing and lack of action to stop this oil leak. All of the parties involved should be working around the clock to stop this leak and then putting all resources towards clean-up. This damage from this disaster will be far reaching for years to come. Great Hub!

50 Caliber profile image

50 Caliber 9 months ago

After seeing plans for a relief well being drilled, maybe some thought to a relief well, or what ever works here will be put into effect on current and future rigs are deployed. Sure it would double costs, and users would pay at the pumps, I ask, so what? 100 percent of my lifetime flights outside of the military could be called unnecessary,the flights I made my living off of might be reduced, but rich folks hired them and they would have done so anyway, ‘cuz that’s what rich people do, and the same could be said for trips via private vehicle that were outside work requirements where planning cost efficient trips like grocery, post office etc. could be incorporated in one trip to or from. God forbid folks having to get fiscally responsible! Every one who’s life requires petrol owns part of that mess, including me, IMO.

billyaustindillon profile image

billyaustindillon 9 months ago

Tina yes that is what is most alarming. Unfortunately it is what it is we all know that. When all is said and done and the leak is stopped and the cleanup begins I have little doubt that the political nonsense will get worse, given what we have witnessed.

billyaustindillon profile image

billyaustindillon 9 months ago

50 caliber excellent points. We need to learn from this and if we are going to continue to drill we need to have all the right safety precautions. We need to be prepared for the ‘black swans’ the totally unexpected scenario, As for cost look at the losses here in monetary and environmental and how much political capital has been lost for the oil and mining industries here? Finally austerity is something we will all need to be practicing as the economy lurches from crisis to crisis – energy efficiency and rationing will be a clear beneficiary of this.

ethel smith profile image

ethel smith 9 months ago

Sadly such disasters keep happening

Merlin Fraser profile image

Merlin Fraser 9 months ago

I don’t think BP is shirking its responsiblity although I’m not sure anyone is actually listening to what they are saying.

Major Oil Companies contract out Drilling projects of this nature and there is very little direct involvement by the Oil Company.

At times like these Oil Companies endevour to put corporation competitiveness behind them for the benefit of gaining control over the situation.

And just as an aside to 50 Caliper’s suggestion,

A relief well will be drilled and I would be surprised if this hasn’t already been started. Although it is no quick fix and may take 60 to 90 days to complete.

And I’m sorry but you can’t drill them in advance, the whole point of drilling an oil well the way we do is to give a single point of control.

You can not have a single point of control if you have two holes.

billyaustindillon profile image

billyaustindillon 9 months ago

Ethel it certainly seems that way – I wonder how many smaller disaster we never hear about in third world countries. All those coal mine disasters in the U.S., Russia and China this year for example.

billyaustindillon profile image

billyaustindillon 9 months ago

Merlin thanks for your feedback – Yes a good point and seems Transocean et al have much to answer for. It seems we have a while to go here in this disaster Merlin.

50 Caliber profile image

50 Caliber 9 months ago

Billy, I still have some gas and food ration stamp books left over from America as it was, they were given to me by my Dad.

50

billyaustindillon profile image

billyaustindillon 9 months ago

50 they may come in handy the way we seem to be heading!

cajunhank profile image

cajunhank 9 months ago

As an FYI it’s not “Hero” drilling company, it’s Hercules. “HERO” is their ticker symbol

billyaustindillon profile image

billyaustindillon 9 months ago

Thanks for the FYI Cajun Hank I have updated accordingly.

Wayne Brown profile image

Wayne Brown 9 months ago

You are very correct that notes are being taken, Billy. One thing is certain, regardless of how this thing comes out, there will be massive regulatory functions that emerge making the process of Gulf exploration all the more difficult. Actually, the whole thing ironically plays to the hand of the “environmental geeks” and their desire to rid America of off-shore drilling. One aspect of all this just baffles me. Considering the number of rigs in the Gulf and in other off-shore locations around the USA and considering the government’s environmental controls and efforts to control every aspect on the environment, then why would a potential disaster such as this not have been played out over and over in the emergency preparation process? We get into the real thing only to find out that the government has no equipment or expertise in this area. Given that the government is prone to endure itself as the “savior of mankind”, I feel they have left a glaring loophole in their effort. Maybe they can just hire BP to clean up the next one since they will have developed some significant capability and knowledge through this process. Good Hub…thanks for writing it! WB

prasetio30 profile image

prasetio30 9 months ago

Good information from you. I learn much from this hub. Good work my friend. Thank you very much. Peace:)

billyaustindillon profile image

billyaustindillon 9 months ago

Wayne a very good point you have raised, government preparedness – why indeed with the number of rigs, previous spills, political mileage. I guess it shows you there is no substance behind all the government noise about protecting the citizens and the country. Does that mean we govern on the basis of hoping nothing happens? Kind of like FEMA at Katrina? Yo uare right BP will become the resident experts out of all this.

billyaustindillon profile image

billyaustindillon 9 months ago

Thanks Prasetio for your comments.

lctodd1947 profile image

lctodd1947 9 months ago

Thanks for such an informative hub about the Oil spill. It seems you are keeping up with how this is flowing and sharing it with us is great. I wonder if they will try and blame this on Mr. Bush!!! HA!

Good work.

billyaustindillon profile image

billyaustindillon 9 months ago

lctodd1947 thanks for comments – no doubt they will blame on GW – you know that! It is still dragging on BP is trying new blocking techniques in the next few days and have said they are not confident but that may be a way f dashing hopes. One would think it is close to being repaired.

earnestshub profile image

earnestshub 9 months ago

Well we are still waiting for the oil to stop flowing and the enormous clean up that will follow.

Why do I have this nagging feeling that the clean up cost is going to show up on my fuel bill? Fantastic informative hub!

billyaustindillon profile image

billyaustindillon 9 months ago

Earnest yes the cleanup will be huge and no doubt it will be passed on in some form – a new environmental tax most likely. Lets hope this leak is stopped on the latest try here. Thanks for your feedback.

Micky Dee profile image

Micky Dee 9 months ago

Yo Billy- put me down for what 50 Caliber said! Thanks Dude!

billyaustindillon profile image

billyaustindillon 9 months ago

Mickey time to ration away – even better you have that bike to get by on – thanks for commenting.

yellowstar2000 profile image

yellowstar2000 9 months ago

awesome hub! Let’s Boycott BP stations until the spill is cleaned up!…FOREVER. BP brands to boycott include Castrol, Arco, Aral, am/pm, Amoco, Wild Bean Cafe,Costco, and Safeway. via; http://twitter.com/spillbabyspill.

billyaustindillon profile image

billyaustindillon 9 months ago

Yellowstar maybe boycott the Federal Government for their effort too. Actually I have never seen a BP station in Texas. I couldn’t imagine them doing too well here now. I don’t recall Amoco either but maybe.

outdoorsguy profile image

outdoorsguy 9 months ago

Disaster yes… but another one is looming.. I heard last night, that if the ban on drilling continues for real long.. look for 8 to 11 dollars a gallon gas by the end of the year.

and if that happens look for astronomically high power bills. food shortages and high food prices, etc..

dont know how accurate that may be, but its starting to be talked about.

lets be sensible here. it was a disaster. but the ugly truth is.. if you want to live in a house,wear clothes, eat and live in a society more advanced than a mule drawn plow. we need that oil, we need wells and we need them till we come up with something else.

billyaustindillon profile image

billyaustindillon 9 months ago

Outdoorsguys while 11 dollars may be scare mongering there will be real pressure on gas prices if there supply dries up. I’ll put it this way Crude WTI is trading around $74 after bouncing from $67 a few days ago. This is in the backdrop of a global financial crisis and collapsed Euro. If the economy picks up or we get some hyperinflation then pump rices have only one way to go – up, and up hard. What we need is firm and realistic policy – trouble is that won’t happen will it. This could be a disaster on so many levels – the first has just happened – thanks for your comments.

outdoorsguy profile image

outdoorsguy 9 months ago

I totally agree with you. and the price will go up, The President and many members of his staff have commented they wouldnt mind seeing 7 dollar a gallon and up prices.

Im like you though I dont see a Intelligent, common sense policy being put in place. at least not in my life time.

billyaustindillon profile image

billyaustindillon 9 months ago

Wow how irresponsible and ignorant is it to say that given the situation in America with so many states and municipalities broke and the significance of gasoline prices there. I see the game plan – blame the oil companies for all of US ills. Just disgraceful.

cvanthul profile image

cvanthul 9 months ago

Good hub, Billy. Thanks for bringing these statistics to us. According to university scientists not associated with the government or BP in any way, there is basically no way to stop the leak except for the relief wells that won’t be complete until August at the earliest. Those of us who live along the Gulf coast and have an ounce of a brain pretty much already knew that. It’s a huge failure all around but at least BP isn’t throwing their hands in the air and saying, “Oh well, there’s nothing we can do until the relief wells are drilled.” They continue to pour millions into even the slightest chance that some new idea will work to stem or stop the flow of crude until such time that the other wells are complete. I’m not defending BP because obviously there was a huge failure in safety and security policies somewhere. I read some interesting comments from rig workers and others in the industry who basically said this was like a perfect storm of chance happenings that are unlikely to happen again anytime in the near future. Of course, drilling oil is their livelihood so they have a huge stake in Gulf drilling not shutting down for domestic companies. If it does, they lose their jobs. That said, I agree with everyone who says it’s just politics as usual. We need people in Washington who are fresh and who actually care about their country and their constituents lives more than they care about the lobbyist. Until we start voting them out and making our voices heard, “our” government will continue to work for their own personal interests and laugh at us voters.

billyaustindillon profile image

billyaustindillon 9 months ago

Thanks for your feedback cvanthul, yes I have read that about the relief wells also. They added depth has made it an incredible challenge. this is true BP and the oil industry have been trying everything and continue to do so, unfortunately the damage is so severe to such an important marine ecosystem. That has happened that though and the clean up needs to be like no other. This is where the politicians must be truly accountable to the people, it is the people who must make them accountable and not allow them to shirk or deflect their responsibilities. I agree with the perfect storm scenario but there was warning in the hours before it blew – a faulty part and than it was over. We will only know in time if those first warnings should have been heeded. I do feel for the Gulf and for all the workers. One accident that shouldn’t have happened has affected the 99.99% of workers who abide by safety, affecting the Gulf economy and destroyed so much much wildlife. We need to move on so this won’t happen again but realistically of where oil and gas fits in with the economy. Firstly clean up the mess Mr. President you have said you are in control.

JON EWALL profile image

JON EWALL 9 months ago

HUBBERS

The public is not being told the truth.

My comments to consider as to whose faults are exposed.

The politicians say ” we must wean ourselves off the need for foreign oil ”. Not to use our own natural resources is criminal and idiotic.

Obama said today on NBC’s TODAY show with

Matt Lauer ” so i know whose ass to kick ”.

If you read my previous hub on the governments participation in offshore drilling, let the people start the ass kicking with Obama and members of congress who have not allowed permits to be released. forcing the oil companies to drill in water so deep that safety is not a priority is a huge mistake.

President Barak Obama’s tough remarks on solving off shore drilling legislation needs to start in Washington first.. The government is not the solution but part of the problems to what has happened with the BP accident and oil spill that has created a disaster on the gulf states.

The government’s permit approvals needs to consider the safety as to where oil companies are allowed to drill.

BP, prior to the accident was to receive a safety award for their operation performance One must ask a question as to why BP was forced to drill in waters so deep that divers are unable to make repairs if an accident should occur under the water.

Safety factors ( government regulations ) were disregarded in the location of the drilling rig. The drill was drilling in 5,000 feet of water, far deeper than any diver could go, should there be a problem. The accident happened when safety equipment failed causing the disaster. Congress’s repeated failure to allow permits in shallower waters must assume some blame when blame will be established. Divers could have made the necessary repairs in days if they were drilling at shallower depths.

Take Note

1994 Dan Manion sets current record for a deep dive on air at 509 feet (155 m). Manion reports he was almost completely incapacitated by narcosis and has no recollection of time at depth.

In Alaska oil can be drilled for at depths of 100 to 200 feet if Congress would release the permits. Picture the floor of a 2 car garage, drop a quarter on the floor. The size of the quarter is the area in Anwar that can be drilled to provide the oil we need. Obama setting a moratorium to stop oil drilling will cause the loss of 30,000 jobs and cause a gas shortage.Obama and Congress need to reconsider their positions first before any actions are taken. The politicians say ” we must get us off the need for foreign oil ” they lie!

Our government’s stupidity and political issues are equally to blame for the catastrophe

billyaustindillon profile image

billyaustindillon 9 months ago

Jon thank you for the update. You make many valid points here. Unfortunately the political game here has completely clouded or rational judgement of the herd. This disaster is so deep, environmentally and economically that people may just look beyond the political rhetoric this time. The reality is of course the division of the nation politically enables half of the population to be hood winked. When will the people see through the Bull%$# ?

If we are going to drill oil do it in the safest locations – which you suggest. If we are going to drill oil in dangerous places than provide all the appropriate protection. If not don’t collect taxes and royalties. People it really is that simple is it not?

JON EWALL profile image

JON EWALL 9 months ago

Hubbers

President Barak Obama visited 3 gulf states today, didn’t say anything new in his press conferences, just another Photo Opt and Hollywood production.Obama’s decision to stop drilling for oil ( the 6 month moratorium ) is impacting the economies of the gulf states and the US treasury tax income.Elected State and Federal Officials requests to President Obama to remove the moratorium ( because of the economical damages to their economies) have been ignored. This president is showing his incompetence , inexperience and inability

to understand the impact on the US economy, unemployment and the loss of us oil suppliers. Drilling platforms are leaving the gulf area and relocating them to other parts of the world which will require the need for more foreign oil .

The huge loss of tax income from the oil companies will greatly effect the US Treasury, State and local Governments. It is a wonder why Congress has not

spoken out against the President’s agenda. The Democrat Congress and Obama want to spend another $50 billion ( borrowed money )to fund teachers, fireman and police unions on top of the billions already spent on the public sector job market.

billyaustindillon profile image

billyaustindillon 9 months ago

Jon thanks for keeping us updated. Yes the cost economically is crippling – check the hub I did – Gulf Coast economy doom. Sadly we are seeing changes and lack of changes that will seriously impact America going forward. Lets hope the nation can adjust to all this.

JON EWALL profile image

JON EWALL 9 months ago

hubbers

President Barak Obama on day 57 spoke to the nation regarding the situation in the gulf. Sorry to say he has no intentions to lift the oil moratorium .The president made some false statements as to the US’s ability to find places to drill on land and water in the US.

Obama’s actions to stop oil drilling in the gulf is irresponsible and will dramatically increase unemployment, loss of revenue for the US treasury, states and local governments.

The people should be asking Congress where will the money come from to make up for lost oil drilling revenue?

President Obama took the time to push for Cap and Trade legislation on the floor of congress. In one of Obama’s earlier videos, he stated that Cap and Trade will increase energy costs. So why in these troubled times would the President push Cap Trade legislation if the cost of energy would increase ?

Wake up Congress, it’s time to work on behalf of the citizens instead of big business..

billyaustindillon profile image

billyaustindillon 9 months ago

Jon thanks for your comments. The worry now is the fragile state of the economy and the flip back towards being at risk to outside oil interests – this makes us even more vulnerable. Cap and trade is not the answer to alternative energy it is just a way to make money from energy IMHO

Mentalist acer profile image

Mentalist acer 6 months ago

Bush is busting down on oil to accelerate the still expensive green tech….if oil rises too soon people who can’t afford high fuel prices can’t afford to pay for green tech. either…

billyaustindillon profile image

billyaustindillon 6 months ago

Mentalist acer not sure you want you mean by Bush busting down on oil – do you mean Obama? Bush has been gone for a few years. Green needs to be affordable but energy conservation should be plan A IMHO.

Drilling and Oil Companies in the Gulf of Mexico in the News

Article source: http://hubpages.com/hub/Drilling-Oil-Companies-in-the-Gulf-of-Mexico

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