Rigs Leaving the Oil Patch!

Yup, the rigs are leaving the oil patch, heading overseas.

No, I'm not talking about the Bakken but rather the Gulf.

I used to follow this story. I counted six deep-sea rigs that had left, by which time it was no longer news and I quit following. It's now up to ten.

Link here.

Ten oil rigs have left the Gulf of Mexico since the Obama Administration imposed a moratorium on deepwater oil and gas drilling in May 2010 and others could follow soon, a detailed July 2011 report from Sen. David Vitter’s (R-La.) office shows.