Reply #37: Thanks for the information. [View All]

I know that the general consensus has been that there is not enough oil off the coast of the U.S. to make it worthwhile drilling for it. Obama himself said that when he slammed McCain for stating that we needed to lift the ban on offshore drilling.

But, this accident, and some other information I've read over the past week, which stated that 'deep-water drilling' is the way to go and that contrary to what we've always believed, there is a lot of oil to be found off the coast, deep in the ocean.

I don't have a link right now but will post one later. However, if it is true that there is far more oil than previously thought, could it be that once elected, Obama was informed of the fact that there may be way more than anyone had thought? If true, the possibility that the U.S. could become less dependent on oil from the ME might have persuaded him to change his mind.

If this was exploratory, then they struck 'gold' and had this accident not happened, I think they would have been celebrating. I will have to do more research and see if there is any more info on this topic. But, his complete flip flop has never made sense no matter how it was spun, unless he actually did know something none of us knew.

No one has said anything about the amount of oil they just found, or how it would have affected things as far as the ME and yet, I think this 'find' is fairly significant.