12-28-2011, 03:24 PM
Sam the reason I got OUT of ATPG is because the US gov't can and has, controlled ATPG future with what I consider a "Banana Republic move" to close down the whole of the GOM operations on political pressure, they changed the rules half way the game and got away with it
Look at the amount of Drilling rigs and current political atmosfeer in The GOM and you realize that ;
The huge amount of rigs is asking for a next disater, enough has already escaped to unknown resting place
The politics have not changed
The BP Oil spill is not over yet, until then I will never invest in The O&G industry based in the US
Afteral you do not Ground every aircraft in The USA after a Boeing 737 crashed, this is what happened to the operations in the GOM
ATPG is a great Co , but the dept issue got worst because of lack of legistative trust. Image what will happen if say BHP has a leak
Look at the amount of Drilling rigs and current political atmosfeer in The GOM and you realize that ;
The huge amount of rigs is asking for a next disater, enough has already escaped to unknown resting place
The politics have not changed
The BP Oil spill is not over yet, until then I will never invest in The O&G industry based in the US
Afteral you do not Ground every aircraft in The USA after a Boeing 737 crashed, this is what happened to the operations in the GOM
ATPG is a great Co , but the dept issue got worst because of lack of legistative trust. Image what will happen if say BHP has a leak