Let them drill, says the U.S. Department of the Interior. On Monday, regulators approved Shell's offshore plan that calls for the drilling of three exploratory wells in the Gulf of Mexico. Then, on Tuesday, Exxon Mobil was granted approval to drill in the deep waters of the Gulf, marking the fourth deepwater permit issued since the disastrous BP oil spill.
Exxon Mobil was awarded the permit after apparently proving that it can comply with drilling regulations imposed by the Department of the Interior after the Gulf spill. Exxon Mobil says that its well will be equipped with a blowout containment system provided by Marine Well Containment Co. to capture any oil that could otherwise leak into the Gulf in the event of a failure.
Exxon Mobil said in a statement that it supports the government's efforts to resume drilling, but that's what an oil company is expected to say. Right?
[Source: Reuters | Iomage: jkirkhart35 – C.C. License 2.0]