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1.
Verb: To delay an important announcement by verbalising every thought in your head prior to the important bit.

Also oakeshotting - the act of rambling on, creating frustration in your audience.

Derived from Independent MP Rob Oakeshott's Sep 7, 2010 speech to announce which way he was voting in the Australian Elections of 2010
1. Gosh I wish he'd stop oakeshotting and get on with it!

2. Ryan Seacrest can really oakeshott in those American Idol decision shows eh?

3. Jeezo I coulda read War and Peace since he started oakeshotting
by NTHP September 06, 2010