Monday, October 11, 2010

BP (NYSE:BP) Spill to Look at Future Of Offshore Drilling in U.S.

On Wednesday the BP (NYSE:BP) oil spill commission will meet to take a look at what the future of offshore drilling is for America.

At this time the commission in investigating various aspects of the accident leading to and the consequences of the explosion on the Deepwater Horizon oil rig.

Being a public discussion, sparks are sure to fly as the highly controversial and disastrous oil moratorium of the Obama administration has affected thousands of jobs in the Gulf region, and more through permitting standards in shallow water drilling that are increasingly costing the loss of more jobs.

The National Commission on the BP PLC Deepwater Horizon Oil Spill and Offshore Drilling say they'll also talk about the rules that decide the parameters of offshore drilling in the U.S.

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