Minerals Service led to Deep Water

We've explored quite a bit of information related to the DeepHorizon oil disaster, so for those of you interested in this topic, I highly recommend this article from the New York Times - Under Mandate to Get Results, Minerals Service Led Way Into Deep Water.

The history is interesting, one part in particular:

Interest in drilling ran so high that the official, Chris Oynes, was heading into the annual lease auction with a record number of sealed bids.

In giddier times before the bust, his predecessor presided over the auction in a jaunty red blazer, but Mr. Oynes was far too conservative for that. Or so everyone thought — until he opened his briefcase and brought down the house with a size 46 scarlet jacket, an omen of the coming deep-water boom.

“They knew symbolically what this meant,” Mr. Oynes said in a recent interview. “In Louisiana terms: ‘Let the good times roll.’”