In Case You Wondered Why the Price at the Pump is Going Up [Cont]
$2.89 a gallon in my town and rising…..
Some of the 30-plus deepwater rigs that were in the Gulf of Mexico have moved to other markets, first because of a U.S. halt called last May after BP Plc’s (BP.L: Quote) well blowout, and then because of the lack of permits once the moratorium was lifted.
Below are rigs contracted to work in the Gulf of Mexico that have been or will be moved to other regions.
* Ensco Plc (ESV.N: Quote) said on Dec. 1 that its newly built 8503 rig, under contracted with Cobalt, would work for Tullow Oil Plc (TLW.L: Quote) off French Guiana for three months. [ID:nN01131883]
* Pride International Inc’s (PDE.N: Quote) newly built Deep Ocean Ascension, under contract with BP, is moving to the Mediterranean Sea from the Gulf of Mexico in the first quarter, according to the latest Pride fleet update.
* Noble Corp (NE.N: Quote) said on Jan. 27 that the Clyde Boudreaux would move to Brazil for a year at a knock-down rate of $290,000 per day to work for Royal Dutch Shell Plc (RDSa.L: Quote), starting mid-April, and that it expected more to follow. [ID:nN27125865] (Reporting by Anna Driver in Houston and Braden Reddall in San Francisco; Editing by Lisa Von Ahn, Gary Hill)
Those listed are just the recent moved rigs… the piece lists others that date back to July of last year.
Too bad no one is determining how many American jobs have gone away as the result of these actions. Republicans need to be trumpeting this and loudly.
I wrote about this before. The media is silent. Hell, the whole damn country is silent on this one. It will be so much better after the Muslins take the Suez Canal.
Remind me again, is this hope or change?