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Angelle comments on oil, gas discoveries

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Two weeks ago, ExxonMobil announced major oil and natural gas discoveries in the Gulf of Mexico off the coast of Louisiana.

Drilled with one of the first permits issued post-moratorium, it is estimated that this discovery will produce more than 700 million barrels of oil equivalent. ExxonMobil’s is one of the most significant discoveries in the Gulf of Mexico in the last decade — significant not only because of the volume of oil and gas and the contribution this fuel will have to America’s energy security, but also because this discovery proves that the Gulf of Mexico offshore industry is capable of finding the fuel that energizes America in a safe and responsible manner.

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