For small-scale drilling partners the Internal Revenue Service permits the immediate deduction of so-called intangible drilling costs (labor and fuel, mainly).

FORBES

We can certainly expect public demands and political pressure to scale back drilling off our shores, which will only serve to exacerbate the coming gap between supply and demand.

FORBES: Investing For A Peak-Oil Future

Our technologies and services include: surface and subsea drilling and production, monitoring and diagnostics, measurement and controls, large-scale LNG, pipeline compression and inspection, well site and industrial power generation, technologies for the refining and petrochemical industries, and modular CNG and LNG units for transportation sectors.

WSJ: GE Unveils LNG In A Box(TM) System; Gasfin Selects New Technology for Fueling Stations in Europe

On the day this disaster began, even as we launched a search and rescue effort for workers on the drilling rig, we were already staging equipment in the event of a larger-scale spill.

WHITEHOUSE: President Obama Assesses BP Oil Spill Response

While much media attention focused on the Bush administration's attempt to lift the ban on offshore drilling, his signature energy policy will surely be seen by history in terms of scope and scale, the billions directed at corn-based ethanol.

FORBES: The Efficacy Of Presidential Energy Policy