Mariner Energy ME Report Fire at its Vermilion Rig in the Gulf of Mexico
Mariner Energy ME Report Fire at its Vermilion Rig in the Gulf of Mexico
Just when we thought it was safe to go back into the water another oil rig exploded, Mariner Energy report fire at its Vermilion rig in the Gulf of Mexico. The stock market has already taken into consideration this latest disaster. Mariner Energy Inc is down (ME 22.75, -0.60, -2.57%)
To-date it has been reported that no one has died, however, reports do suggest that a oil sheen has appeared near the site.
This latest explosion has got Congress working overtime and a number of Democrats want answers now. It is understood that the House Energy and Commerce committee have already requested the CEO of the company for an update on the incident, sub committees have already been set up within the House Energy and Commerce committees.
This latest explosion goes a long way in strengthening Democrats case in stating that it still isn’t safe to go full steam ahead into off-shore drilling. In the aftermath of the Deepwater Horizon incident earlier this year.
Democrats continue to tarnish the Republicans with the slogan of being friends of the Big Oil companies. The Republicans agree that safety measures have to be improved as a priority, but still support the ongoing drilling. This new incident will give both sides more arguments for and against current drilling operations.
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Posted by Jennifer
on Sep 2 2010. Filed under Featured News, Finance.
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