Archive for the 'Energy' Category

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BP NOW BURNING THE OIL ON THE SURFACE

June 12th, 2010

The article below states that BP, “Plans to burn hundreds of thousands of gallons of oil.” They have already started burning the oil. The latest Big Picture includes this image from the U.S. Coast Guard: I found this photo on a KATU.com gallery. This woman has the right idea: Whether or not that mask will […]

FAA Imposes Flight Restrictions Over Oil Spill Area

June 12th, 2010

In other words, no media related aircraft below 3000 feet. Via: FAA: All aircraft operations are prohibited except those flights authorized by ATC, routine flights supporting offshore oil operations; federal, state, local and military flight operations supporting oil spill recovery and reconstitution efforts; and air medical and law enforcement operations.

CNN on Media Blackout on Oil Spill

June 12th, 2010

Very poor audio quality. Via: CNN / YouTube:

Obama “Let the World’s Most Dangerous Oil Company Get Away with Murder”

June 11th, 2010

Via: Rolling Stone: On May 27th, more than a month into the worst environmental disaster in U.S. history, Barack Obama strode to the podium in the East Room of the White House. For weeks, the administration had been insisting that BP alone was to blame for the catastrophic oil spill in the Gulf – and […]

Oil Spill May Cost $4.3 Billion in Property Values

June 11th, 2010

Via: Bloomberg: BP Plc’s oil spill may drive down the Gulf Coast’s shore-area property values by 10 percent for at least three years, according to CoStar Group Inc. Losses may total $4.3 billion along the 600-mile (966- kilometer) stretch from the Louisiana bayous to Clearwater, Florida, the property-information service estimates. “It’s just another blow to […]

Musical Chairs with Peter Sutherland

June 11th, 2010

Goldman Sachs Sold $250 Million of BP Stock Before Spill: The brokerage firm that’s faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP. According to regulatory filings, RawStory.com […]

“These Are Company Towns”

June 11th, 2010

Via: ABC News: Reporting is often about access, but journalists along the Gulf Coast covering the BP oil spill have had some trouble getting it. As BP faces more pressure from the government and from its own shareholders unhappy with the company’s falling stock price, it seems to be clamping down on who can talk […]

Experts Double Estimate of BP Oil Spill Size

June 11th, 2010

Experts also tell us what the unemployment numbers are. So, double or triple it again and maybe we’ll be in the ballpark. Via: BBC: As many as 40,000 barrels (1.7m gallons) of oil a day may have been gushing out from a blown-out Gulf of Mexico well, doubling many estimates. The US Geological Survey says […]

Coast Guard Admiral Sees Game Changer as Oil Awaits Atlantic Hurricanes

June 10th, 2010

Via: Bloomberg: Coast Guard Rear Admiral Mary E. Landry was up early on Saturday, April 24, preparing to brief news reporters on the deadly explosion at the Deepwater Horizon drilling rig when BP Plc called with bad news: The well was leaking oil into the Gulf of Mexico, 5,000 feet below the surface. She dashed […]

Another Rig Leaking Near Near Deepwater Horizon?

June 9th, 2010

Via: AP: Photographs showing a sheen of oil in the Gulf of Mexico southwest of the big BP spill are evidence only of government-approved work long under way, not a second leak, an energy company said Tuesday. Site owner Taylor Energy Co. LLC said in a written statement that a production platform about 70 miles […]

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