Archive for the 'Energy' Category
Detonating Nuclear Bomb at BP Oil Spill Site… Might Produce a Bad Result
May 31st, 2010See: Obama Sends Bomb, Mars Experts to Fix BP Oil Spill: U.S. Energy Secretary Steven Chu signaled his lack of confidence in the industry experts trying to control BP Plc’s leaking oil well by hand-picking a team of scientists with reputations for creative problem solving. Dispatched to Houston by President Barack Obama to deal with […]
BP Collects Billions in U.S. Government Contracts
May 31st, 2010Via: Muckety: Daniel Gross of Slate poses the question: How do we punish BP? The options he suggests – boycotting BP products, charging for the cleanup, even nationalizing the company – are less than satisfying. Here’s another possibility: How about barring BP from the federal trough? According to USASpending.gov, BP has received more than $9 […]
MATT SIMMONS: THERE’S ANOTHER, MUCH LARGER LEAK THAN THE ONE WE’RE BEING SHOWN, CALL IN THE MILITARY, NUKE THE WELL
May 30th, 2010The person who sent this wrote, “Thanks for your work, Kevin. We’re heading to the hills.” Might not be a bad idea. Via: Bloomberg: Matt Simmons, founder and chairman emeritus of Simmons & Co., talks with Bloomberg’s Mark Crumpton and Lori Rothman about BP Plc’s leaking oil well in the Gulf of Mexico. Research Credit: […]
Top Kill Failed
May 29th, 2010Now they want to cut off the damaged riser from the well and TRY to cap it with a valve. Via: AP: BP has failed in its latest attempt to plug the oil leak in the Gulf of Mexico with mud and cement, the company said Saturday. BP Chief Operating Officer Doug Suttles said the […]
New, Giant Oil Plume Seen in Gulf of Mexico
May 28th, 2010Via: AP: Marine scientists have discovered a massive new plume of what they believe to be oil deep beneath the Gulf of Mexico, stretching 22 miles (35 kilometers) from the leaking wellhead northeast toward Mobile Bay, Alabama. The discovery by researchers on the University of South Florida College of Marine Science’s Weatherbird II vessel is […]
Frustrated Plaquemines Parish President Billy Nungesser
May 28th, 2010Via: Bayoubuzz.com / YouTube: After BP oil has been found in the marshes of the parish, a frustrated Louisiana Parish President, Billy Nungesser, is interviewed after a press conference at Venice Louisiana on May 23. Nungesser, in responding to questions from Bayoubuzz.com said the U.S. Coast Guard Commandant, Thad Allen, could step up take better […]
Transocean Will Make $270 Million from Insurance Payout on Destroyed Oil Rig
May 26th, 2010The rig that blew up was over-insured by $270 million. Fascinating coincidence! Hmm. Did BP hold dead peasant insurance on the rig workers who died? Via: Politico: Eighteen Democratic senators have asked the Justice Department to investigate the operator of the Deepwater Horizon offshore drilling rig after the company announced it would dole out $1 […]
Civil Fine in Gulf Spill Could be $4,300 a Barrel
May 26th, 2010In other news: Obama Biggest Recipient of BP Campaign Cash. Via: Reuters: Just how many barrels of oil are gushing into the Gulf of Mexico from the Deepwater Horizon spill is a billion dollar question with implications that go beyond the environment. It could also help determine how much BP (BP.L) and others end up […]
Trans-Alaska Pipeline Shutdown
May 26th, 2010Via: Reuters: The Trans-Alaska Pipeline, partly owned by BP, shut down on Tuesday after spilling several thousand barrels of crude oil, drastically cutting supply out of Alaska’s oilfields. The accident comes at a difficult time for BP — the largest single owner of the pipeline operator, holding 47 percent — as it struggles to plug […]
IG Report: Methamphetamine Use by Interior Department Staff
May 25th, 2010Via: AP: Staff members at an agency that oversees offshore drilling accepted tickets to sports events, lunches and other gifts from oil and gas companies and used government computers to view pornography, according to an Interior Department report alleging a culture of cronyism between regulators and the industry. In at least one case, an inspector […]
