In this video, Motley Fool Energy Analyst Joel South discusses some of the biggest stories in energy today. He talks about the continued boom in U.S. oil production, and how that has oil prices down a bit today. He talks about the decision that has finally been reached in the litigation against BP (NYSE:BP) after the Gulf of Mexico oil spill. And he talks about some major predictions in the offshore sector, as subsea exploration is due to rise dramatically, something many companies are very interested in capitalizing on.

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