Trend toward deep-water drilling likely to continue

Willie Sutton robbed banks because that’s where the money is. And oil companies venture into deep waters for exploration because that’s where the oil is.

That’s why — even though President Obama has imposed a six-month moratorium on deep-water exploration drilling in the Gulf of Mexico — the oil and gas industry is going to be back. And it’s why in other countries, the deep-water search hasn’t stopped…

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