Deep Gulf oil drilling thrives again

Associated Press
FILE - In this April 21, 2010 file photo taken in the Gulf of Mexico more than 50 miles southeast of Venice on Louisiana's tip, the Deepwater Horizon oil rig is seen burning. A BP scientist identified a previously unreported deposit of flammable gas that could have played a role in the Gulf of Mexico oil spill, but the oil giant failed to divulge the finding to government investigators for as long as a year, according to interviews and documents obtained by The Associated Press. (AP Photo/Gerald Herbert, File)

View gallery

7 photos

The Obama administration had halted drilling in the Gulf of Mexico after the massive BP oil spill. But the first new drilling permit was issued in March, and now the Gulf is humming again as oil executives describe it as the world's best place to drill.

View Comments (0)