Oil and natural gas drilling in U.S. waters

totally agreed, BC. totally. I have a sis on the gulf coast who's been prepping her house to sell sometime in the next year, so she can move closer to family (the kids and the new little one). This situation is certainly putting a kink in that plan time wise.
 
Actually, it was done well before Chavez- and a very interesting story. Well worth a thorough read. For all the Wikipedia bashers out there, any reader can be a fact checker if your sources are documented, and edits are sent to the original poster(s) for review. It is the ultimate in cross-checking knowledge.
http://en.wikipedia.org/wiki/Histor...40-1976_.E2.80.93_The_Road_to_Nationalization

Let's see... does Alaska's oil revenue dividend payment to all it's state's citizens count as socialism?


So the Government should take over the Oil industry? Seems to be falling right into the hands of the Socialists. Well hell, Hugh Chavez did it why can't we?:cool:
WHAT'S NEXT?:nuts:
 
Actually, it was done well before Chavez- and a very interesting story. Well worth a thorough read. For all the Wikipedia bashers out there, any reader can be a fact checker if your sources are documented, and edits are sent to the original poster(s) for review. It is the ultimate in cross-checking knowledge.
http://en.wikipedia.org/wiki/Histor...40-1976_.E2.80.93_The_Road_to_Nationalization

Let's see... does Alaska's oil revenue dividend payment to all it's state's citizens count as socialism?
I think there us a slight difference in what Alaska did and what Mr. Chavez is doing, don't you, or are you another Sean Penn? :laugh:
 
Three cheers for Obama..and I mean that!


BP says it's sorry - and guarantees $20B for Gulf
WASHINGTON – President Obama wrested a $20 billion compensation guarantee and an apology to the nation from British oil giant BP Wednesday, announcing the company would set up a major claims fund for shrimpers, restaurateurs and others whose lives and livelihoods are being wrecked by the oil flooding into the Gulf of Mexico.
Applause broke out during a community meeting in Orange Beach, Ala., on the news.
"We asked for that two weeks ago and they laughed at us," Mayor Tony Kennon said. "Thank you, President Obama, for taking a bunch of rednecks' suggestion and making it happen."
Obama had said he would "make BP pay," and the company's chairman said after four hours of intense White House negotiations that BP was ready.
The unending oil spill saga had yielded almost no good news before this. Creation of the fund — to be run by an administrator with a proven track record — is the first big success Obama has been able to give to Gulf residents and the nation in the eight weeks since the explosion, a period during which the spill has taken ever more of the public's attention, threatening anything else the president hoped to focus on or accomplish.
Huge as the $20 billion seems, both Obama and London-based BP said it was by no means a cap.

http://news.yahoo.com/s/ap/20100617/ap_on_bi_ge/us_gulf_oil_spill
 
Twenty-five foot (juvenile) dead sperm whale found 77 miles south of oil well blowout:

http://www.noaanews.noaa.gov/stories2010/20100617_whale.html

NOAA Conducts Tests to Determine Fate of Whale Found Dead in Gulf of Mexico

Whale Not Found in Oiled Water, but Cause of Death Unknown

June 17, 2010
pisces_300.jpg

NOAA Ship Pisces.
High resolution (Credit: NOAA)

On Tuesday, June 15, the NOAA Ship Pisces reported a dead sperm whale floating 77 miles due south of the Deepwater Horizon spill site. NOAA is currently in the process of conducting thorough testing to determine the circumstances surrounding the mammal’s death, as well as collect information about its life. This is the first dead whale reported since BP’s rig exploded on April 20 It was not found in oiled waters; however, its location of death is unknown.

As soon as the whale was sighted, Pisces Field Party Chief Paul Felts called the marine mammal hotline to report the finding to the Wildlife Branch of the Unified Command and NOAA’s marine mammal experts.

Based on the estimated size of the whale, scientists believe it is a sub-adult. Its condition suggests it may have been dead for between several days to more than a week. Although it was not found in oiled water, NOAA marine mammal experts are using hindcasting analysis to look into the location from which the whale carcass may have drifted.
 
Re: RUT RO

http://www.theoildrum.com/node/6593/648967

This may explain what we saw from the not very forthcomming BP CEO yesterday in the Senete inquirey into the BP oil spill.

If this is the true case BP has some big problems ahead.
I have some friends in specialized fields who have been in email contact with me for weeks. They've been telling me this is 21 different kinds of ugly. I'm not sure we can grasp how bad this is yet. It was the Monster in the Closet. And now the doorknob is starting to turn. :worried:
 
I have family in Pensacola, trying to get them to relocate closer to rest of family. small, not well-maintained (lack of cash flow) but fully paid-for house there needs to be sold. If the worst happens and they live through it, maybe it'll be easier to persuade them to relocate than otherwise. but the house may never be sellable, given the situation and prognosis, that's what I fear.
 
New document= now BP says could be 100,000 barrels a day.

Document shows BP estimates spill up to 100,000 bpd

WASHINGTON (Reuters) – An internal BP Plc document released on Sunday by a senior congressional Democrat shows that the company estimates that a worst-case scenario rate for the Gulf of Mexico oil spill could be about 100,000 barrels of oil per day.
The estimate of 100,000 barrels (4.2 million gallons/15.9 million liters) of oil per day is far higher than the current U.S. government estimate of up to 60,000 barrels (2.5 million gallons/9.5 million liters) per day gushing from the ruptured offshore well into the sea.

The document, which is undated, was released by Representative Ed Markey, chairman of the energy and environment subcommittee of the House of Representatives Energy and Commerce Committee.

The amount of oil actually gushing from the well has been a matter of considerable controversy since the spill began on April 20, with critics saying BP has deliberately understated the flow rate.

"This document raises very troubling questions about what BP knew and when they knew it," Markey said in a statement.

"It is clear that, from the beginning, BP has not been straightforward with the government or the American people about the true size of this spill. Now the families living and working in the Gulf are suffering from their incompetence," he added.

The document was posted on the Internet at http://globalwarming.house.gov/files/WEB/flowrateBP.pdf
(Writing by Will Dunham, Editing by Sandra Maler)
 
I bet it really looks NASTY when you are standing there looking at it live!:sick:
 
How heartbreaking..Sorry you gotta be there Dawg...I pray it's cleaned up soon..:(
 
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