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Strategies & Market Trends : Value Investing

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From: blastedwand	3/31/2010 10:36:18 AM
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WASHINGTON – In a reversal of a long-standing ban on most offshore drilling, President Barack Obama is allowing oil drilling off Virginia's shorelines and considering it for a large chunk of the Atlantic seaboard In addition, an administration official said Obama would allow exploration along the south Atlantic and mid Atlantic Outer Continental Shelf "to support energy planning" — a step toward potential leasing. The official spoke on condition of anonymity ahead of Obama's announcement. seems like good news for folks like NOV.......

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