On his radio show today, Rush said that the owner of one rig is already in the process of moving it to waters off the coast of Egypt.
Apparently, the rig owner thinks Obama will eventually get his way and he, the rig owner, is tired of being in limbo.
It Begins… First Oil Rig Relocates From Gulf to Foreign Waters"As a result of the uncertainties surrounding the offshore drilling moratorium, we are actively seeking international opportunities to keep our rigs fully employed," Dickerson said. "We greatly regret the loss of U.S. jobs that will result from this rig relocation."
It is not just Gulf operations that are being effected either.
Wait and see for Shell {Shell puts Arctic drilling plans on hold, waiting on feds}