Now it's the European Union that might place a moratorium on deep water drilling.
This whole deep water drilling thing is getting contagious.
Let's see what that does to the price of oil.
On a day the market took a huge beating (down 2.5%) EEP was up over 1%. I didn't check, but I assume most of the oil companies followed the market down, along with the price of oil. If so, another buying opportunity to accumulate shares in some good companies.
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