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re: Percentage of U.S. oil produced by Gulf of Mexico?
Posted on 6/15/10 at 11:13 pm to Bowe Knows
Posted on 6/15/10 at 11:13 pm to Bowe Knows
quote:
The number I have heard is that deepwater drilling accounts for 40% of all production in the Gulf. So since we supply 33% of the nations oil and 40% of that is now off limits, where do you suggest they plan on making up the rest?
The current ban relates to deepwater drilling of new wells and wells currently being drilled. I am pretty sure production is continuing uninterrupted for deep water wells already in operation. Therefore, the current effect is nonexistant. The question is oil companies moving operations currently underway for new deepwater wells (which is significant) to other locations and countries.
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