Monday, August 30, 2010

BP Spill Investigation: So Far -- Incredible (Not Directly Related to the Bakken and Somewhat Political in Nature)

I doubt most people will take the time to listen to this video, but it's worth your time. Early investigation suggests a) one or two BP employees the direct cause (BP's own investigation); b) the effects of the deep water drilling moratorium getting worse daily; and, c) this could destroy the deep water drilling program in the gulf for up to two years.

I generally file these links under "anything to destroy the oil industry."

On the other hand, if the drilling program in the gulf is delayed for two years, it bodes well for the Bakken.

I still maintain this is the time to be accumulating shares in oil and oil service companies operating in the Bakken.

By the way, this link has nothing to do with the Bakken, but you might enjoy it, especially those who play cards in Vegas during the winter.

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