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Major oil companies flock to Brazil's offshore auction

The wandering eye boyfriend meme in the context of offshore drilling
Meme: Created via meme generator

Per the New York Times, "Exxon Mobil and other oil companies opened their wallets at an offshore oil auction in Brazil on Thursday in a sign that the industry was stepping back into the deepwater drilling business."

One reason it matters: The auction comes just a week after a big Interior Department lease sale in the Gulf of Mexico brought in just $125 million in total winning bids.