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Keyword: offshoreoildrilling

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  • Obama Surrenders Gulf Oil to Moscow

    03/17/2010 9:32:22 PM PDT · by Abakumov · 25 replies · 1,270+ views
    The Washington Times ^ | March 18, 2010 | Editorial
    The Obama administration is poised to ban offshore oil drilling on the outer continental shelf until 2012 or beyond. Meanwhile, Russia is making a bold strategic leap to begin drilling for oil in the Gulf of Mexico. While the United States attempts to shift gears to alternative fuels to battle the purported evils of carbon emissions, Russia will erect oil derricks off the Cuban coast.