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Rough seas foil testing of giant skimmer 'A Whale'; will continue when weather improves

Published July 05, 2010
Associated Press

NEW ORLEANS
Choppy seas have temporarily foiled attempts to see if a giant skimmer can be a silver bullet for cleanup efforts in the Gulf of Mexico.
Bob Grantham, spokesman for Taiwanese shipping firm TMT, says the company's vessel, dubbed "A Whale," will need further testing off the coast of Louisiana.
Grantham said in an e-mail Monday that conditions in the Gulf over the weekend were too choppy to get definitive answers on the vessel's capability.
Billed as the world's largest oil skimmer, A Whale is supposed to be able to suck up 21 million gallons of oily water per day.
Grantham says testing will resume as soon as the water is calmer.
http://www.foxnews.com/us/2010/07/05/rough-seas-foils-giant-skimmer-whale-gets-chance-prove-gulf/
 
07/06/2010 - Updated 9:11 AM ET
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Oil futures rise above $73, supported by stocks
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By Deborah Levine, MarketWatch
http://markets.usatoday.com/custom/...S&guid={DAC943C2-BC7A-4E89-B6C8-D477B0B24FA8}
 
07/06/2010 - Updated 2:04 PM ET
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Oil futures trade below $72 in reversal
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By Claudia Assis, MarketWatch & Deborah Levine, MarketWatch

SAN FRANCISCO (MarketWatch) -- Crude-oil futures on Tuesday fell for the seventh time, leaving a move higher behind as the U.S. stock market pared gains.
Crude for August delivery lost 35 cents, or 0.5%, to $71.79 a barrel, its lowest price in a month. The drop coincided with stocks surrendering much of their earlier gains but remaining in the black, as consumer-discretionary and telecom shares lagged. [more]
http://markets.usatoday.com/custom/...S&guid={DAC943C2-BC7A-4E89-B6C8-D477B0B24FA8}
 
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Gulf Operators Declare Force Majeure on Diamond Rigs
Rigzone Staff
|
Tuesday, July 06, 2010

Diamond Offshore reported that four operators have declared force majeure on drilling rigs under contract in the U.S. Gulf of Mexico.Devon and Murphy Oil have declared force majeure on semisubmersibles Ocean Endeavor and Ocean Confidence, while Chevron and Arena have declared force majeure on jackups Ocean Columbia and Ocean Scepter respectively.

[more] http://www.rigzone.com/news/article.asp?hpf=1&a_id=95554
 
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Revived Push for Drilling Ban
by Stephen Power & Ann Zimmerman
|
The Wall Street Journal
|
Wednesday, July 07, 2010

The Obama administration asked a federal appeals court Tuesday to reinstate a moratorium on deepwater petroleum drilling, saying it is needed to reduce the chance of a second spill similar to the one now spewing crude into the Gulf of Mexico.
The fallout from that spill, the result of an April 20 explosion on a drilling rig leased by BP, was evident in the Gulf region Tuesday, as tar balls lapped onto the Texas coast and oil was sighted in New Orleans's Lake Pontchartrain.

[more]
http://www.rigzone.com/news/article.asp?a_id=95590&hmpn=1
 
nnuut said:
Revived Push for Drilling Ban
by Stephen Power & Ann Zimmerman
|
The Wall Street Journal
|
Wednesday, July 07, 2010

The Obama administration asked a federal appeals court Tuesday to reinstate a moratorium on deepwater petroleum drilling, saying it is needed to reduce the chance of a second spill similar to the one now spewing crude into the Gulf of Mexico.
Click to expand...

Sure..What a bunch of morons....Thousands of JOBS are at stake..This maybe the final nail in the coffin for the economy for the GULF..which has far reaching effects on the rest of the country.:mad: Even the people most hurt by the oil spill, still think this is stupid!!!
 
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We are dealing with a bunch of economic idiots! They are only interested in their agenda and thats it. Break out the Pitch Forks!:nuts:
 
BP Pushing to Stop Gulf Leak Weeks Early


Published July 08, 2010
| The Wall Street Journal

AP
June 16: A drilling rig operates in the Gulf of Mexico at the site of the Deepwater Horizon disaster.

BP PLC is pushing to fix its runaway Gulf oil well by July 27, possibly weeks before the deadline the company is discussing publicly, in a bid to show investors it has capped its ballooning financial liabilities, according to company officials. [more]
http://www.foxnews.com/us/2010/07/08/bp-pushing-fix-leak-weeks-deadline/
 
Appeals Court Rejects U.S. Bid to Keep Drilling Moratorium

Published July 08, 2010
| Associated Press

July 8, 2010: A federal appeals court on Thursday rejected the federal government's effort to restore an offshore deepwater drilling moratorium.

NEW ORLEANS -- A federal appeals court on Thursday rejected the federal 's effort to restore an offshore deepwater drilling moratorium, opening the door to resumed drilling in the Gulf while the legal fight continues.
The ruling is not the final word on the Obama administration's fight to suspend new drilling projects so it can study the risks revealed by the disastrous BP oil spill.
The same is expected to hear arguments on the merits of the moratorium case in late August or early September.
While it's possible that 33 exploratory wells suspended by the moratorium could resume drilling, companies might not bother with the expense while the ultimate future of the projects hangs in the balance. [more]
http://www.foxnews.com/politics/2010/07/08/appeals-court-rejects-bid-drilling-moratorium/
 
nnuut said:
Appeals Court Rejects U.S. Bid to Keep Drilling Moratorium

companies might not bother with the expense while the ultimate future of the projects hangs in the balance. [more]
Click to expand...
Still good news..


But, In other words, until it is settled, they will remain idle...Can't say that I blame them..Why keep drilling only to have it stopped again maybe?:rolleyes:
 
It's kinda like the USA banning all driving because of the Toyoto recalls.
 
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