Any thoughts on what the Obama drilling annoucement will have on GGP drilling. As I'm new to this stock, I'm not sure if there are holdings on the E Coast or if they are all in the S (Gulf area).
The increased drilling could push up production costs thru increased demand for labour and equipment; however, there may be opportunities for takeovers if big players want to expand.
Any thoughts on what the Obama drilling annoucement will have on...
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