Oil Slick Stuff

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10/05/2010 - Updated 2:26 PM ET
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Crude rallies past $82 a barrel Investors will get their first look at inventories Tuesday afternoon
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By Claudia Assis, MarketWatch
http://markets.usatoday.com/custom/...S&guid={49227132-D07B-11DF-8158-00212804637C}
 
Interior Secretary Salazar Is Costing America Plenty

By Thomas Pyle
Published October 04, 2010
FoxNews.com

EXCERPT:
"Apparently, however, job loss is something the Department of Interior is willing to live with, as they continue to impose an offshore drilling moratorium that LSU Professor Joseph Mason has stated could cost up to 155,000 jobs. A willing sacrifice to Secretary Salazar, provided we don’t conduct any domestic energy exploration." [more]
http://www.foxnews.com/opinion/2010/10/04/thomas-pyle-ken-salazar-interior-secretary-gulf-drilling/
 
10/06/2010 - Updated 11:24 AM ET
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Crude futures reach five-month highsEIA shows supply increase for crude but a drop for gasoline inventories
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By Claudia Assis, MarketWatch

SAN FRANCISCO (MarketWatch) — Crude-oil futures edged higher to reach a five-year high after report showed rising inventories of oil but declining stocks of gasoline. [more]
http://markets.usatoday.com/custom/...S&guid={CC01C7F0-D13F-11DF-8158-00212804637C}
 
Dept. of Interior's Figures Belie Obama - Another Case of Understatement
Rigzone Staff Friday Oct. 8, 2010

Only fitting on the day that we get employment data for September (that shows the US still has a long way to go to mend the economic fissures of the most recent recession) that we revisit the impacts that both the actual moratorium on deepwater and the de facto one on shallow-water drilling are having on Gulf-states jobs. The table below summarizes three different studies that provide their assessments of the slowed permitting process for shallow-water operations and the suspension of new drilling along the Outer Continental Shelf in the Gulf of Mexico as well as the Department of Interior's study that it submitted to the federal courts in August. [more]
http://www.rigzone.com/news/article.asp?hpf=1&a_id=99851
 
nnuut said:
Dept. of Interior's Figures Belie Obama - Another Case of Understatement
Rigzone Staff Friday Oct. 8, 2010

Only fitting on the day that we get employment data for September (that shows the US still has a long way to go to mend the economic fissures of the most recent recession) that we revisit the impacts that both the actual moratorium on deepwater and the de facto one on shallow-water drilling are having on Gulf-states jobs. The table below summarizes three different studies that provide their assessments of the slowed permitting process for shallow-water operations and the suspension of new drilling along the Outer Continental Shelf in the Gulf of Mexico as well as the Department of Interior's study that it submitted to the federal courts in August. [more]
http://www.rigzone.com/news/article.asp?hpf=1&a_id=99851
Click to expand...

I've been saying this from the day Obama shut down the Deep water rigs...And was corrected by a certain Obama supporter that believed that Key West would be drowning in oil slicks, that the rigs shut down would have minimal impact..BUNK I SAID!!!

This further proves deepening wounds in the Gulf's and country's economy..

SMU's analysis suggests that 40,000 jobs are directly related to shallow-water activities. Moreover, the wages paid by the offshore industry for one worker are 50% higher than the average combined household income in the United States. Thus, each one of these jobs lost is the equivalent of more than 2 average jobs in the United States.
Click to expand...
 
Number of rigs is UP, not down, over the last month and the last year.

So, how is that possible, if you say there is a rig moratorium, and people are out of work due to our President?

The moratorium is just to make sure there are rules in place that make sense.
 
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Jim your attachment is for WORLD WIDE Rigs, try the Gulf OF MEXICO or USA or HERE! I wish you would have posted a link to your reference as required, but hell you disagree with everything I post so it probably wouldn't help. :laugh:
Try this link:
http://www.rigzone.com/data/rig_report.asp?rpt=reg
 
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