Click on picture to enlarge.
From Investor's.com
Commerce: What does it say about America’s investment climate when the Republic of Congo now attract oil rigs that once drilled the Gulf of Mexico? That’s the effect of the Obamaadministration’s nonstop bid to halt production here.
As millions were enjoying the World Cup last weekend, powerful engines began churning the waters of the Gulf of Mexico as Diamond Offshore Drilling began pulling its huge floating rig on a 60-day trip to the Republic of Congo. Congo is hardly the place that springs to mind for the quality of its investment environment. But because of the Obama administration's nonstop efforts to halt offshore drilling through one executive order after another, that is now the reality. . . . . . The Obama administration is determined to halt offshore drilling by any means necessary. And for energy companies, the only rational response is to pull out. . . . . READ THE FULL ARTICLE >>>>
No comments:
Post a Comment