Those "new" Gulf oil drilling permits, including one issued yesterday to Chevron (CVX), don't...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Those "new" Gulf oil drilling permits, including one issued yesterday to Chevron (CVX), don't look so new after all. Initial drilling on the Chevron well began in March 2010, and five recent permits all allow work on projects halted last year. The administration "puts emphasis on the new to blunt criticism that it is holding up domestic energy production," Jeff McMahon writes.