Tuesday, August 30, 2011

US oil company to drill in Russian Arctic, since O shut Alaska down

As noted by the NY Times:
Where BP had swapped stock, Exxon agrees to hand over to Rosneft unspecified assets elsewhere in the world, including some that the Texas-based company owns in the deepwater zones of the Gulf of Mexico and onshore in Texas.
It was not immediately clear whether Rosneft would gain operational control of any Texas or Gulf of Mexico sites or merely obtain a portion of the equity in the projects.
Can the White House see Russia?

Can we get a clear-eyed new leader in the White House?

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