Oh, I think they are preparing the groundwork for one last big push offshore. They know that when the lines at the gas pumps get long enough, a full tank cost triple digits, and the body bags are coming back from the middle east by the hundreds daily, drilling offshore is going to start looking a lot less objectionable to a lot more people

I hope so. If They don't start work on these projects soon, they'll likely never get done because am economic collapse or worse. It takes considerable capital and engineer to tap these resources. If the dollar tanks, we won't be able to afford to import steel, critical equipment and skilled workers necessary to for these projects. And there will be no energy available either.

Considering whats happening with credit, its probably already too late. Credit is drying up faster than acetone on a hot sunny day. Even Multinational Oil companies need access to credit to start up large scale offshore drilling projects.