This drilling rig actually floats.

US President Barack Obama has announced he will stick with a Bush-era plan to drill oil and natural gas off the coast of Virginia. . Follow us on twitter at twitter.com .

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President Obama Opens Offshore Oil and Gas Drilling w New Bio Fuel Fighter jet at Vandenberg AFB Energy Security and Independence President Obama announces plans to open new offshore areas for oil and gas development in ways that protect the environment and as part of a larger strategy to ensure energy security and independence.