SHOCK! Offshore Drilling Moratorium Would Cost United States 175,000 Jobs Per Year Through 2035
Posted by admin / Under Offshore Kite Fishing
During a 45-minute conference call with journalists from 40 major media outlets this morning, Jack Gerard shared some startling predictions about the future health of the nation’s oil and natural gas industry if the Obama Administration gets its way in adding more regulation and increasing taxes on offshore drilling in the Gulf of Mexico. The biggest one of all is enough to cause anyone to take pause: “The administration’s moratorium, if continued indefinitely — or similar legislative proposals which would make the deep water unavailable or uneconomic — would cost this country 175,000 jobs every year between now and 2035,...
Published on Wednesday 28th of July 2010 03:34:26 PM
BP's Deepwater Oil Spill - Restarting Progress - and Open Thread
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BP does not seem to have gone back to the daily briefings, let alone the twice-a-day ones that were being issued just a couple of weeks ago. Admiral Allen has given permission for the top and bottom kill (through the relief well (RW)) activities to continue. The Admiral also noted that the riser for the RW has been reattached, and the reconnection, removal of the plugging packer, and cleaning of the well is in process. It is estimated that the intersection with the original well will now occur on the 7th August, with the final set of casing being run...
Published on Wednesday 28th of July 2010 03:34:26 PM
Cap-And-Trade On Ice
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Energy Policy: Senate Democrats have shelved job-killing cap-and-trade legislation, at least for now. Neither the political nor the Earth's climate suggests it's a good time to try to fool Mother Nature or the American people. After a Thursday meeting with Senate Democrats, Senate Majority Leader Harry Reid has apparently dropped plans to pursue cap-and-trade before the August recess. He doesn't have the votes to overcome a GOP filibuster, and saving the earth from a phantom threat stands way below jobs on Americans' wish list. But watch out after November. "What he suggested is that we move forward on several bills...
Published on Wednesday 28th of July 2010 03:34:26 PM
Matthew Simmons: Lightning Rod for Gulf Oil Controversy
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→ Washington’s BlogMatthew Simmons has made a lot of big claims about the oil spill (see videos below).Because of his background, Simmons has been interviewed repeatedly in television, newspaper and radio media. Simmons was an energy adviser to President George W. Bush, is an adviser to the Oil Depletion Analysis Centre, and is a member of the National Petroleum Council and the Council on Foreign Relations, and is former chairman and CEO of Simmons & Company International, an investment bank catering to oil companies.People have become polarized around Simmons as a lightning rod. For example, people who believe all of...
Published on Wednesday 28th of July 2010 03:34:26 PM
BP's Deepwater Oil Spill - After the Storm - and Open Thread
Posted by admin / Under Offshore Kite Fishing
The “Bonnie” storm has passed, and the different vessels are not only returned to the site, but are already making progress in returning to operations. As Admiral Allen noted on Sunday DDIII is now running the riser pipe down. They have 67 joints to complete, they've done 39 of those as of about 10:30 Central Daylight time this morning, need about five more hours to do that. They are planning to latch on to the well around midnight tonight. Development Driller II which was – had drill – was involved in drilling the backup well is returning to site and...
Published on Wednesday 28th of July 2010 03:34:26 PM
White House backed release of Lockerbie bomber
Posted by admin / Under Offshore Kite Fishing
<p>THE US government secretly advised Scottish ministers it would be "far preferable" to free the Lockerbie bomber than jail him in Libya.</p><p>Correspondence obtained by The Sunday Times reveals the Obama administration considered compassionate release more palatable than locking up Abdel Baset al-Megrahi in a Libyan prison.</p>
Published on Wednesday 28th of July 2010 03:34:26 PM
BBC: Alex Salmond (Scottish first minister)calls for release of Lockerbie files
Posted by admin / Under Offshore Kite Fishing
The Scottish first minister has called on the UK and US governments to publish all of their documents relating to the release of the Lockerbie bomber.Mr Salmond said the documents would vindicate the Scottish governmentThe Scottish first minister has called on the UK and US governments to publish all of their documents relating to the release of the Lockerbie bomber.The Sunday Times claimed to have seen a letter from the US administration to the Scottish government before the release of Abdelbaset Ali al-Megrahi.It said the US government did not want Megrahi released from prison.
Published on Wednesday 28th of July 2010 03:34:26 PM
"I love the irony — I've spent over 400 hours of my life looking for comets, and haven't found anything, and now, suddenly, when I'm not looking for one, I get one dumped in my lap."...
by Alan Hale
This Day In History
Maximilien Robespierre: Reign of Terror leader was guillotined in Paris during the French Revolution (1794)
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