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re: obama comment about moratorium...........
Posted on 6/4/10 at 3:49 pm to udtiger
Posted on 6/4/10 at 3:49 pm to udtiger
The moratorium will have very long lasting effects. The oil companies are going to use their drilling ships and rigs. If they can't use them in the U.S. they will move them else where. Once they start drilling new wells outside the U.S. they are not just going to come back because the government says, "OK Moratorium over!". 6 months will turn into several years before drilling activity in the gulf gets back anywhere close to where it is now.
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