Saturday, July 10, 2010

So Much for Energy Independence for America

The deep water rigs are leaving the  Gulf, heading for greener pastures (bluer water?) elsewhere -- the first one is headed for off-shore Egypt

So much for energy independence for America.

By the way, for investors, this may be a once-in-a-lifetime opportunity to invest in such companies as Transocean (RIG). I do accumulate shares in deep water energy companies.