A new Rasmussen poll shows that support for offshore oil and natural gas development is holding steady despite the Deepwater Horizon accident. In a survey conducted July 22-23 via telephone, 56 percent of U.S. voters think offshore drilling should be allowed, and 47 percent favor deepwater drilling.
Unfortunately, new offshore development has ground to a standstill, and shallow-water drilling operators have discovered that complying with the government's new requirements is quite difficult. Blogger Vladimir at RedState says, "Operators have encountered road blocks at every turn."
The recertification of blowout preventers (BOPs) is one of the major obstacles. Only a few firms are licensed to perform the certifications, creating a backlog of operators whose BOPs must be recertified before ge... more »
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