Cool it, George! They just can't float your boat!

Thu, 2008-06-19 09:22Ross Gelbspan
Ross Gelbspan's picture

Cool it, George! They just can't float your boat!

As President Bush calls for repealing a ban on drilling off most of the coast of the United States, a shortage of ships used for deep-water offshore drilling promises to impede any rapid turnaround in oil exploration and supply.
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At a time when the rest of the world (for a host of reasons) is shying away from the hydraulic fracturing “boom,” the United States appears to be hell-bent on allowing fracking in every available space. The latest target for the industry has been the already imperiled Gulf of Mexico, the same waters that are still...

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