More oil and gas regulations out of the whitehouse

[cosmiccowboy]

A short note from a financial news site I follow...

The Obama administration is expected to issue sweeping new regulations on offshore drilling today, imposing potentially costly requirements for coastal wells and emergency equipment needed to prevent environmental disasters. The oil industry has warned that such measures would impose potentially tens of billions of dollars in new costs and threaten to limit drilling in the Gulf of Mexico, which accounts for approximately 17% of U.S. crude production.

[Kodiakk]

Sounds like a good plan. Let's kick the industry when it's down!

[huntmaster]

yep, more gov't regs always help

[Landrover]

Interesting..........sometimes I wonder. Well, hum........I guess it will kickstart innovation in the industry, which usually means less jobs. That may take 10 years to come about but consolidation, innovation and boom times tend to run together.

[Bily Lovec]

maybe one day this country will have a real leader again.

[Landrover]

maybe one day this country will have a real leader again.

Been a looooong wait and don't look like the next 4 years will be helpful!

[Johnny Dangerr]

maybe one day this country will have a real leader again.

It's time the grown ups take it back........

[Bily Lovec]

Been a looooong wait and don't look like the next 4 years will be helpful!

Im just hoping in my lifetime

[Landrover]

Im just hoping in my lifetime

Yes sir, I agree![emoji120]

Sent from my SAMSUNG-SM-G900A using Tapatalk

[Artos]

maybe one day this country will have a real surge of constitutional loving patriots back in the majority again.

sadly, a real leader may not be able to help us amigo...at some point, it is going to take the above for us to get our country back.

Most folks don't care or will educate themselves about what or how important this industry is for our true independence...I HATE - HATE that so may love cheap foreign fuel from countries that want the US to fail. It's become absurd.

[Mconner]

CHINA IS GONNA COME FOR THEIR MONEY SOMEDAY AND WHEN WE SAY OOPS WE NO GOTTY THEY GONNA BE PI@&ED AND THEN?????? Ammo up boys.

[Bayouboy]

Besides the govt you can also thank BP for new regs like this. For every knee jerk reaction there is something that triggered it.

[Landrover]

Besides the govt you can also thank BP for new regs like this. For every knee jerk reaction there is something that triggered it.

Bingo!!! U got it sir.....that gave folks all the ammunition they needed sadly. Another example is,
Cecil the Lion was the tip of the spear to shutdown lion importation. Something always serves as a catalyst![emoji106]

CHINA IS GONNA COME FOR THEIR MONEY SOMEDAY AND WHEN WE SAY OOPS WE NO GOTTY THEY GONNA BE PI@&ED AND THEN?????? Ammo up boys.

Uh........ok![emoji102]

Sent from my SAMSUNG-SM-G900A using Tapatalk

[Mconner]

Poor Cecil!!

Sent from my D6708 using Tapatalk

[Clay C]

CHINA IS GONNA COME FOR THEIR MONEY SOMEDAY AND WHEN WE SAY OOPS WE NO GOTTY THEY GONNA BE PI@&ED AND THEN?????? Ammo up boys.

Riiiggghhhhhttttttt......