offshore oil

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When Good Pandering Goes Bad
When Good Pandering
Goes Bad
OPINION

When Good Pandering Goes Bad

Bush goes and ruins McCain's opportunism on oil, writes Collins

(Newser) - The offshore drilling ban has been in place since 1981, but George W. Bush—who is still the president, Gail Collins reminds us in the New York Times—wants it overturned in two weeks. Watching his speech in the Rose Garden, where he said Democrats would be to blame for...

Ship Shortage Stalls Offshore Oil Drilling

Oil companies frustrated by inability to exploit new discoveries

(Newser) - A severe shortage of deep-sea drilling rigs will hold up exploitation of offshore oil for years, the New York Times reports. Existing rigs are booked solid for five years, and shipbuilders around the world are scrambling to fill dozens of new orders. Oil companies are frustrated by their inability to...

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