[opentalk]

from link in article

Dan Pickering, a financial analyst with Tudor, Pickering Holt & Co. Securities, said the legal uncertainties surrounding the ban - and the administration's plan to issue a new, revised moratorium - ensure that no companies will resume deep-water drilling in U.S. waters anytime soon.

"Are you really going to spend $5 million … getting ready to drill a well that someone would then probably block you from drilling?" Pickering said.

This is a big hit to jobs and economy, Seems like Obama is working for someone else.

[concerned about politics]

This is a big hit to jobs and economy, Seems like Obama is working for someone else.

As well as more dependency on foreign oil (like George Soros Brazilian company, for example).

[org.whodat]

My god man, setting the anchors cost tens of thousands of dollars and actually the process to get ready takes months, it is the same for moving one , it takes months. They were planning moving this rig for months because someone else had been planning on using it and the current lessors time had expired.