With Oil Cheap, Interest Fades In Offshore Drilling Rights

Forbes by Jesse Bogan | Mar. 19, 2009 (News Report)

Dismal oil and natural gas prices led to lackluster bidding in an auction of federal offshore leases in the busiest region of the Gulf of Mexico. Full Story »

Posted by Jim Lang

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Subjects: Business, Sci/Tech
Topics: Energy
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Posted by: Posted by Jim Lang - Mar 24, 2009 - 6:17 AM PDT
Reviewed by: Jim Lang (review), Fabrice Florin (review), Derek Hawkins (review)
Content Type: Article
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Edited by: Jim Lang - Mar 24, 2009 - 6:17 AM PDT

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Jim Lang
3.4
 by Jim Lang - Mar. 24, 2009

Straight forward story on lower bids received for offshore drilling licenses as oil prices flag.

Good news for those of us who oppose reactive drilling but don't bet on the situation lasting.

Jim posted this story.
See Full Review » (11 answers)
Fabrice Florin
3.9
 by Fabrice Florin - Mar. 24, 2009
See Full Review » (3 answers)
Derek Hawkins
3.3
 by Derek Hawkins - Mar. 24, 2009

“The speed at which this has happened is certainly a concern for all of us,” said Scott Josey, chief executive of Mariner Energy (nyse: ME – news ... More »

See Full Review » (6 answers)

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