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Bloomberg so no excerpt allowed.
1 posted on 02/03/2016 6:47:12 PM PST by rockinqsranch
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To: rockinqsranch

There actually is a pretty big field off of Newfoundland called Hibernia. But drilling offshore America has been disappointing.


2 posted on 02/03/2016 6:52:08 PM PST by crusty old prospector
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To: rockinqsranch

If the oil is not drilled and tapped, it seeps into the ocean directly. Just a fact of nature. Reducing the pressure in the dome reduces the leakage.

But reality never affected the cult of enviro-mentals.


3 posted on 02/03/2016 7:00:10 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: rockinqsranch
Never get hurricanes or winter nor'easters on the East Coast.

Look at the Ocean City MD Fishing Pier that was just rebuilt - one night's storm week ago Friday and most of it is gone.

5 posted on 02/03/2016 7:02:33 PM PST by Abby4116
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To: rockinqsranch

I doubt the envirowhackos have much to worry about for the time being, given the current commodity price environment.


6 posted on 02/03/2016 8:07:35 PM PST by Milton Miteybad (I am Jim Thompson. {Really.})
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