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Gulf Oil Spill 2010

Re: Gulf Oil Spill 2010

Bill said:
On a related note:

http://www.thedailycrux.com/content/5075/Energy
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Oops.

The federal judge who lifted Obama's six-month drilling moratorium had interests in Transocean and a number of other offshore energy companies, according to financial disclosure forms from 2008.

Martin Feldman, a U.S. District Court Judge for the Eastern District of Louisiana, held energy stocks in Transocean and Halliburton, as well as two of BP's largest U.S. private shareholders -- BlackRock and JP Morgan Chase. The law Feldman overturned would have halted the approval of any new permits and suspended deepwater drilling at 33 existing exploratory wells in the Gulf, four of which are BP rigs.

"It's pretty damning," said Kate Gordon, Vice President for Energy Policy at American Progress. "Transocean is the world's largest offshore drilling company. It holds most of the offshore drilling rigs in the world. So this is... a clear conflict of interest. I think folks should have known because of the history this region has of having conflicts of interests with judges on this issue. The region has got to have a list of judges that have these conflicts because this comes up all the time."

Thirty-seven of the 64 active or senior judges in key Gulf Coast districts in Louisiana, Texas, Alabama, Mississippi and Florida have links to oil, gas and related energy industries, including some who own stocks or bonds in BP PLC, Halliburton or Transocean, according to the Associated Press. Industry ties among federal judges are so widespread that they are jeopardizing the courts' ability to do routine business. Last month, for instance, so many members of the staunchly conservative Fifth Circuit were forced to excuse themselves from an appeal against various energy companies because there weren't enough untainted judges left to allow the court to hear the case.
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Re: Gulf Oil Spill 2010

And...

New Orleans, Louisiana (CNN) -- Interior Secretary Ken Salazar on Tuesday called a six-month halt on deepwater drilling "needed, appropriate and within our authorities" in announcing he will issue a new order on a moratorium just hours after a federal judge blocked such a mandate.

"We see clear evidence every day, as oil spills from BP's well, of the need for a pause on deepwater drilling," Salazar said in a statement. "That evidence mounts as BP continues to be unable to stop its blowout, notwithstanding the huge efforts and help from the federal scientific team and most major oil companies operating in the Gulf of Mexico."

Salazar's statement did not give an exact date for when the new order would be imposed, saying only "in the coming days."

U.S. District Judge Martin Feldman in New Orleans, Louisiana issued a preliminary injunction Tuesday against the ban, which halted all drilling in more than 500 feet of water and prevented new permits from being issued. The White House said it would appeal the ruling.
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Re: Gulf Oil Spill 2010

It's no surprise that Obama's only solution to the landed shrimpers' woes is to put out of work, the people on the 30-something deepwater rigs that still are operating normally. Evens things up for everyone, so there are no hurt feelings.
It's the same philosophy that's governing health care, road construction, wars, and everything else he can get his claws in. Bring everyone involved down to the lowest common misery.
 
Re: Gulf Oil Spill 2010

geezer said:
It's no surprise that Obama's only solution to the landed shrimpers' woes is to put out of work, the people on the 30-something deepwater rigs that still are operating normally. Evens things up for everyone, so there are no hurt feelings.
It's the same philosophy that's governing health care, road construction, wars, and everything else he can get his claws in. Bring everyone involved down to the lowest common misery.
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Wait, I thought this was just on new drilling...?
 
Re: Gulf Oil Spill 2010

walrus said:
Supposedly they are only a few weeks away from the relief wells being in place.
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Can't wait to hear the excuses regarding those. :rolleyes:

I heard something over the weekend that those relief wells are aiming for basically a 12" diameter target several hundred feet below the ocean floor! What if they miss? How much longer can/will they let the stuff just flow at will into the water?
 
Re: Gulf Oil Spill 2010

MarkEagleUSA said:
Can't wait to hear the excuses regarding those. :rolleyes:

I heard something over the weekend that those relief wells are aiming for basically a 12" diameter target several hundred feet below the ocean floor! What if they miss? How much longer can/will they let the stuff just flow at will into the water?
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They can put a drill rod up your butt from miles away, they won't miss.
 
Re: Gulf Oil Spill 2010

walrus said:
Drilling and stopping the leak are 2 different things.
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I understand that. My point is simply that with all the technology available in this world, they are so quick to get at it that there's no plan for failure... sorta like a firefighter running into a burning building without a hose.
 
Re: Gulf Oil Spill 2010

MarkEagleUSA said:
I understand that. My point is simply that with all the technology available in this world, they are so quick to get at it that there's no plan for failure... sorta like a firefighter running into a burning building without a hose.
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Are there billions of dollars of untapped resources in the building?
 
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