November 2010 Blog Posts (2)

How Offshore Oil Leases Work

The following is an April 2010 interview with Professor John Lowe, explaining how, where and how much of the profits from GOM oil leases are generated and distributed. Yet diver wages continue to decrease.

Professor JOHN LOWE (Southern Methodist University): Thank you very much.

SIEGEL: And tell me first, if a company bids on a lease to drill offshore and gets the lease, to whom does he pay his rent?

Prof. LOWE: Well, it depends where that lease is…


Added by Dive Diva on November 10, 2010 at 10:55am — No Comments


Does anyone know how to get ahold of Mark. Having trouble getting info onto his Diver Directory. Can't seem to get an email response back. No other contact info on his site. Any help would be greatly appreciated. Safe diving. John Frost

Added by John Frost on November 8, 2010 at 1:10pm — No Comments

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