Article on jobs & offshore rigs/ships being moved out of GoM

LINK

Delta Steel in Morgan City closes laying off 19.

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do other companies come rushing back

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What other companies? It's not like land rigs. You can't just drag 'em out of the weeds, give 'em an imron overhaul and put 'em out in the field.

Also consider this: It is expensive to drill in the Gulf. Companies did it because the perceived political risk of drilling in the Gulf was perceived as being low. Ghana might try to nationalize your wells, but surely the United States Government would not attack an oil company. Well, now it has. All of Salazar's bluster plus all the threats of criminal prosecution mean that drilling in the Gulf is not a very attractive option. Would you invest a billion knowing that a mistake might bankrupt you or end your execs to jail? Would you bet the company on every well? Of course not. So when oil goes to 250 a barrel, and when you are paying for it in Chinese yuan, just remember all those who were screaming for heads on a platter. We are too stupid to survive as a country in a future in which oil is power. The Chinese are going to own us.