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Louisiana Federal Judge Blocks Drilling Moratorium

eldavojohn writes "In the ongoing BP debacle, the Obama administration imposed a six-month moratorium on offshore drilling and a halt to 33 exploratory wells going into the Gulf of Mexico. Now a federal judge (in New Orleans, no less) is unsatisfied with the reasons for this and stated, 'An invalid agency decision to suspend drilling of wells in depths of over 500 feet simply cannot justify the immeasurable effect on the plaintiffs, the local economy, the Gulf region, and the critical present-day aspect of the availability of domestic energy in this country.' The state's governor agrees on the grounds that blocking drilling will cost the state thousands of lucrative jobs." The government quickly vowed to appeal, pointing out that a moratorium on 33 wells is unlikely to have a devastating impact in a region hosting 3,600 active wells. And reader thomst adds this insight on the judge involved in the case: "Yahoo's Newsroom is reporting that the judge who overturned the drilling moratorium holds stock in drilling companies. You can view his financial disclosure forms listing his stock holdings online at Judicial Watch (PDF)."

691 comments

  1. So? by gyrogeerloose · · Score: 4, Funny

    Yahoo's Newsroom is reporting that the judge who overturned the drilling moratorium holds stock in drilling companies.

    No conflict of interest here, no sir...

    --
    This ain't rocket surgery.
    1. Re:So? by Knara · · Score: 2, Insightful

      Have a 401k or any investment vehicle that has DJIA or S&P400 indexes in it? Then you do, as well.

      I have no problem with this ruling, seeing as the agency concerned has no evidence to show that what happened with the problematic rig is likely to happen, with any sort of likelihood, on any other rig.

    2. Re:So? by kick6 · · Score: 1

      No conflict of interest here, no sir...

      Anyone who has ever put any money into any type of "high risk/high reward" mutual fund or other investment medium probably has ties to the Oil & Gas industry. You're not going to find a single politician at the federal level that doesn't have his hands in every big-business cookie jar if you dig some.

    3. Re:So? by interkin3tic · · Score: 2, Insightful

      I'd also be interested in where he lives. Nowhere near the coast or on a part of the coast that is already covered in tar, and he wants others to feel the petroleum love?

    4. Re:So? by Anonymusing · · Score: 5, Insightful

      The idea was to hit the "pause" button on 33 new wells while we figure out why the new-well drilling at Deepwater went so wrong.

      There are still 3300+ wells operating in the Gulf which were unaffected by the moratorium.

      Do you think that six months of wait on 1/100th of the Gulf wells will destroy the economy?

      --
      Liberal? Conservative? Compare perspectives at Left-Right
    5. Re:So? by ccarson · · Score: 0, Insightful

      Be careful about judging motives when the merits of the decision sound perfectly reasonable to me. We're so used to being shamed into believing that just because personal inclinations exist we have to throw out all logic and reason. Don't throw the baby outwith the oily bath water.

    6. Re:So? by interkin3tic · · Score: 2, Insightful

      Have a 401k or any investment vehicle that has DJIA or S&P400 indexes in it? Then you do, as well.

      The honorable gyrogeerloose is not actually presiding over those hearings, so it's not hypocrisy to point out that a conflict of interest exists there, if that's your aim.

    7. Re:So? by poetmatt · · Score: 1

      he just wants some time to cash out his stocks. I bet he has done that right about now.

    8. Re:So? by Anonymous Coward · · Score: 2, Insightful

      It could be devastating to the small contingent of workers who build and supply parts for new rigs/wells/ships/etc

    9. Re:So? by angelwolf71885 · · Score: 0

      yah well holding stock is different then being part of a lobby firm prove he is in the back pocket of BP and then we will talk

    10. Re:So? by Talderas · · Score: 4, Informative

      Another article at http://www.bloomberg.com/news/2010-06-22/u-s-deepwater-oil-drilling-ban-lifted-today-by-new-orleans-federal-judge.html provides a little more insight.

      They also said regulators failed to tell Obama that all active deepwater rigs passed an immediate re-inspection after the Deepwater Horizon exploded and sank, with only two rigs reporting minor violations and the rest getting approval to continue operations.

      --
      "Lack of speed can be overcome. In the worst case by patience." --Znork
    11. Re:So? by v1 · · Score: 1

      he appears to have over 50 investments listed, over half of which I can't identify what business they're in.

      It's very possible that his financial planner has set up those investments and maintains them for him and he has no idea if any of them are in drilling or not.

      But OTOH that doesn't make it any less of a conflict of interest, whether or not he's aware of it, it's there.

      --
      I work for the Department of Redundancy Department.
    12. Re:So? by Anonymous Coward · · Score: 0, Troll

      There's a distinction between a production well and a exploratory well. A production well is already drilled an in place. Stopping exploratory wells will postpone new discoveries by more time when the moratorium ends. Also, it means we less knowledge to be gathered about the basins people have wells in - there's only so much that can be learned with sonics. Less knowledge about a basin means more risk to the production wells - is this what is intended? If not, the moratorium is stupid. With all due respect to Americans, but it's the production of a weak and coward government caring more about feel good measures and PR.

      Sometimes shit happens. And shit happened at Deepwater. No one wanted it. It's risky business. Living is risky. Let's clean up the mess and keep drilling.

      Drill, baby, drill.

    13. Re:So? by CraftyJack · · Score: 5, Insightful

      I have no problem with this ruling, seeing as the agency concerned has no evidence to show that what happened with the problematic rig is likely to happen, with any sort of likelihood, on any other rig.

      This is the opposite of insightful.
      The event on the problematic rig was highly unlikely to happen, but when it did happen there was no way to recover. It's still leaking now - two months later. Claiming that lightning won't strike twice is not an intelligent response.

    14. Re:So? by iPhr0stByt3 · · Score: 0

      uhm, how do you feel about losing your job for 6 months?

    15. Re:So? by interkin3tic · · Score: 4, Insightful

      We're so used to being shamed into believing that just because personal inclinations exist we have to throw out all logic and reason.

      We're dealing with big oil. Conflicts of interest over oil companies are something we'd be idiots not to take seriously. Remember Joe Barton, on the House Energy and Commerce Committee? Actually apologized to BP a few days ago for them having to pay for the damage they caused? Should we assume that guy had public interest at heart?

    16. Re:So? by angelwolf71885 · · Score: 0

      except there are TONS of drilling expirations planned for this year as well as the accident occurred when the well was being temporary abandon NOT during actual drilling

    17. Re:So? by the_other_one · · Score: 3, Insightful

      They should all be compensated by BP.

      --
      134340: I am not a number. I am a free planet!
    18. Re:So? by sehryan · · Score: 5, Insightful

      Were these the same regulators that were "inspecting" Deepwater Horizon?

      --
      The world moves for love. It kneels before it in awe.
    19. Re:So? by twoallbeefpatties · · Score: 3, Interesting

      They also said regulators failed to tell Obama that all active deepwater rigs passed an immediate re-inspection after the Deepwater Horizon exploded and sank, with only two rigs reporting minor violations and the rest getting approval to continue operations.

      Would those inspections be conducted by the MMS whose head was recently kicked out when it was discovered just how much they were in bed with the industry?

      --
      Libertarians somehow believe that private businesses should be stronger than governments but weaker than individuals.
    20. Re:So? by Volante3192 · · Score: 4, Insightful

      Go ask Gulf fishermen.

    21. Re:So? by Peach+Rings · · Score: 1

      Your response is the one in error. We walk around in fields accepting the risk that there's a tiny chance you could be hit by lightning. When lightning does strike and kill somebody a thousand miles away, that hasn't changed the risks involved. You're still going to walk around in fields.

      Now, whether you should be subjecting yourself to the risk in the first place is a different issue. But if a single unlikely burst changes our policy then that means it was seriously flawed to begin with.

    22. Re:So? by GodfatherofSoul · · Score: 1

      That, and all the other drillers are using the same plan as BP.

      --
      I swear to God...I swear to God! That is NOT how you treat your human!
    23. Re:So? by TooMuchToDo · · Score: 5, Insightful

      Is this before or after the largest environmental disaster in that geographic region, caused by my industry? Because frankly, I'm not *that* much of an asshole to think my job is above tens of thousands of square miles of ecosystem.

    24. Re:So? by Anonymous Coward · · Score: 0

      RTFD (Read the ******* Disclosure).

      The Judge has stock in Transocean (Less than 15 thousand invested, paid out as a dividend less than one thousand). Would the administration like to have this Mistrialed on the grounds that the judge himself has a financial interest in preventing the moratorium?

      Captcha: Culpable - What the judge might be?

    25. Re:So? by mldi · · Score: 0, Troll

      Yahoo's Newsroom is reporting that the judge who overturned the drilling moratorium holds stock in drilling companies.

      No conflict of interest here, no sir...

      OK, that's fine. But that doesn't make his point any less valid. Obama, and the feds in general, fly by the seat of their pants having a giant overreaction to everything that happens. Yes, it's a horrible oil spill, but how will a moratorium help anything? Are we expecting more explosions and leaks in the near future?

      --
      If you aren't suspicious of your government's actions, you aren't doing your job as a responsible citizen.
    26. Re:So? by Anonymous Coward · · Score: 0

      No, you're a moron. The BP leak was caused by pure greed of individuals cutting corners to boost their bonuses. The companies concerned have admitted there are other drilling platforms using the same gear under the same operational practices. What does that tell us? BP and other companies are sitting on more disasters by their own admission.

    27. Re:So? by arkane1234 · · Score: 1

      It could be devastating to the small contingent of workers who build and supply parts for new rigs/wells/ships/etc

      Point?
      This keeps up and they'll be fully out of work...

      --
      -- This space for lease, low setup fee, inquire within!
    28. Re:So? by bonch · · Score: 2, Insightful

      People who use the phrase "big oil" non-ironically are just trying to use emotions to drive their point. Barton apologized because the Consitution doesn't give the president the authority to just take money without due process from a company and give it to people he wants. Many other economists are incensed over this issue.

    29. Re:So? by rm999 · · Score: 3, Insightful

      Deepwater Horizon was a series of mistakes with known causes, not a tail-end probabilistic event. Future deep-water drilling will likely be more carefully regulated.
       

    30. Re:So? by Anonymous Coward · · Score: 0, Troll

      For something the government did?
      BP's well failing doesn't magically cause the new wells to become less safe. Either they're safe or they're not and it's the governments fault for not knowing one way or the other. They're in charge of oversite and this episode has made them realize they don't know how safe all this drilling is.

    31. Re:So? by Low+Ranked+Craig · · Score: 4, Insightful

      I'm really getting sick of this little bit of misinformation.

      Joe Barton, on the House Energy and Commerce Committee? Actually apologized to BP a few days ago for them having to pay for the damage they caused?

      That is NOT what happened. I don't think anyone, including Joe Barton, thinks that BP should not pay for the mess thy have made. The apology was for the methods used by the administration to basically force BP to set up a $20B fund, completely bypassing due process. To be clear, I believe that BP should pay for everything but I question I question the viability of forcing BP to liquidate assets and set aside $20B - even big evil oil companies need operating revenue. Don't forget that a log of British citizens stand to lose a large chunk of their retirement if BP goes belly up.

      If the preceding makes no sense to you take a basic finance class.

      --
      I still cannot find the droids I am looking for...
    32. Re:So? by Stradivarius · · Score: 3, Insightful

      Actually it's the folks on the Gulf coast who are most concerned about the moratorium, because they're the folks who make their living supplying the rigs that were put under the moratorium. A moratorium could put them, their friends, and their neighbors out of work.

      All at a time when lots of people (fishermen etc) are already out of work from the spill, and when the unemployment rate before the spill was already high.

      This isn't a case of people who don't care. They do, because it's their homeland getting polluted with oil. But they're worried about supporting their families too.

    33. Re:So? by bendodge · · Score: 1

      Actually apologized to BP a few days ago for them having to pay for the damage they caused? Should we assume that guy had public interest at heart?

      This is the United States of America. An executive order or congressional bill CANNOT seize BP's cash (property). You just can't do that under the Constitution. Seizure is not a power of the executive or legislative branch; the judicial branch can do it but only after due process!

      Barton said something very unpopular, but he is dead right.

      --
      The government can't save you.
    34. Re:So? by Anonymous Coward · · Score: 0

      That wasn't his point. His point was that the Executive branch was directly handling the money. His point was that there are already legal channels to oversee and handle how the money is dispersed.

    35. Re:So? by gandhi_2 · · Score: 1, Flamebait

      BP should pay for their mistakes, but they shouldn't have to pay workers not to work due to a government decision.

    36. Re:So? by Altus · · Score: 2, Insightful

      ecosystem that a ton of people rely upon for jobs.

      --

      "In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson

    37. Re:So? by Darinbob · · Score: 4, Insightful

      We may walk around in fields, and the odds of being bitten by a snake are rare. But if there are known to be poisonous snakes there, it makes sense to bring a snake bite kit with you, even if you never use it. If someone was bitten out in the field, then maybe we should postpone our picnic.

      BP has essentially proven that at least some oil companies don't know what to do if there is a problem. A moratorium is just saying "get your act together". Except companies are desperately trying to point to BP as an anomaly, the shoddy worker in a collection of saints. So the moratorium is also saying "ok, let's check if you guys really are that saintly after all." After a massive catastrophe like this, it makes no logical sense to go full steam ahead as if nothing happened.

    38. Re:So? by MBCook · · Score: 4, Insightful

      He was right that the government basically telling BP "Start coughing up without a being found guilty because we said so or we'll might start fining you/killing your licenses" should be illegal. Due process exists, and it should be followed. That's extortion.

      He was an idiot for phrasing it as an apology to BP.

      The idea that the government is setting a precedent that it can interfere with a business like that worries me. The BP case is really clear cut. Even if it was the contractor that messed up, BP was supposed to keep tabs on them and owned the well. But what happens when some large company gets accused of something else (say the Vioxx lawsuits) and the government starts pressuring them to pay out before any legal decision? What happens if it turns out, like power line cancer and thimerosol autism, that the company isn't at fault? How do they get all that money back?

      I understand getting people money faster instead of the 20 year Exxon-Valdeeze thing, but this seemed so close to coercion.

      --
      Comment forecast: Bits of genius surrounded by a sea of mediocrity.
    39. Re:So? by Volante3192 · · Score: 1

      What's really amazing is how quickly the Republican bullet point reversed after Barton's gaffe.

      Even Michelle Bachmann came out in favor of the "government shakedown" (quotes per Barton) not three days after saying it was an unconstitutional abuse of power.

    40. Re:So? by modmans2ndcoming · · Score: 1

      Convincing the Chairman of a company to put up a small portion o f the money that will be needed to compensate those who have been harmed is hardly taking, and certainly not unconstitutional.

      Frankly I think you are a fucking idiot for even opening your mouth.

    41. Re:So? by Chaymus · · Score: 1

      While Louisiana is lauded as a corrupt government every judge will face a conflict of interest at some point in their career, fortunately for most cases, interpretation of the law is pretty straight forward, above all it's not up to judge's whims or personal preference as much as this yahoo article implies. If they do appeal the case, which is certainly their right, they will have to have more justifiable grounds to do so, and while going through an appeals process essentially grants their pause anyway...

      Unless they followed his track record on rulings and gathered peer opinions on how he rolls this kind of "news" isn't really news. Now, if he has a history of loose reasoning or this is particularly out of character it's worth noting.

      Now real news and conflicts of interest do exist, but this looks like a 1-liner to get hits more than any serious follow-up investigation. The general public is certainly welcome to say it's good/bad to drill, but when you leave a precedence binding paper trail, personal interests are usually left out.

    42. Re:So? by interkin3tic · · Score: 1

      Point well taken, though I'd still be more interested in where exactly he lives rather than how much he's invested financially.

    43. Re:So? by Altus · · Score: 3, Insightful

      He didn't give it to people, he put it in escrow. You can argue that this is still wrong, but at least accuse him of what he actually did. He didn't just hand out a bunch of money to whomever he wanted.

      --

      "In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson

    44. Re:So? by Darinbob · · Score: 2, Insightful

      My guess is that he doesn't have much invested in fishing and tourism.

    45. Re:So? by TooMuchToDo · · Score: 5, Insightful

      Also true. The number of fishing/shrimping/tourism/etc. jobs that rely on the Gulf *far* outweigh the number of oil/gas jobs in the area.

    46. Re:So? by frank_adrian314159 · · Score: 4, Insightful

      I am sure that there was no issue of "due process" here. BP did not have to do as the President requested. It was just the President asking BP to step up and do what they should do out of moral decency. Of course, they could have turned down the President. Of course, in that case they probably would have been sued by the Federal government into even greater oblivion for the damages they have caused. They also could have had their regulatory ass handed to them for the next how ever many years this administration was in power over every little infraction. I think BP just made a reasonable business accommodation. And for those of you whining about how unfair to BP this is... it's our local ecosystem. They can always go home and screw up their own if they don't like the way the game is played here.

      --
      That is all.
    47. Re:So? by hondo77 · · Score: 3, Insightful

      Nice try. If I'm walking in a field and I know that if I'm struck by lightning it will affect millions of people in the area, I better make damn sure I have my portable lightning deflector (work with me here) handy or I am being monumentally irresponsible.

      --
      I live ze unknown. I love ze unknown. I am ze unknown.
    48. Re:So? by jollyreaper · · Score: 2, Insightful

      I have no problem with this ruling, seeing as the agency concerned has no evidence to show that what happened with the problematic rig is likely to happen, with any sort of likelihood, on any other rig.

      Too right. And what happened on that rig was an accident, if by accident you mean "an easily foreseeable result of poor safety standards and corner-cutting that prioritized saving money over safety," what most people would call an inevitability.

      Honestly, I am completely amazed at the mental gymnastics on display here. Usually you don't get failures this stark and dramatic outside of wars. We'd been assured these wells were safe, that everything was being handled to the highest standards, and then something like this happens. Is this the "come to Jesus" moment? Is this when there's an introspective reevaluation of just how off those assurances were from reality? This is like the general who just lost his whole army saying "I don't see why the outcome of one battle should invalidate the martial traditions that have well-served our fathers and our forefathers." Um, did you just see what happened?! If terrorists blew up the well you could maybe say that this was something unexpected and outside of the design envelope. If a freakin' radioactive dinosaur tore the thing down you could call it an act of Godzilla. But this was a rig operating outside of the standards set by industry best practice, a rig lacking the safety equipment used by other drillers, which suffered a catastrophic failure due to the management policies of BP. And the problems on this rig are not unique!!! There's no telling how many others are out there waiting to blow up.

      But no, let's not be hasty. General Ripper may have launched a nuclear strike on the USSR under his own recognizance but you have to admit that our nuclear command and control system has worked fairly well up to this point. I don't think we should dismiss it entirely just because of this one incident!

      --
      Kwisatz Haderach
      Sell the spice to CHOAM
      This Mahdi took Shaddam's Throne
    49. Re:So? by BlackSnake112 · · Score: 2, Insightful

      Or any fisherman whose catch is from the gulf stream current in a few months. The oil spill water is going to go around Florida and into the gulf stream current. This will screw up a lot more then the catch from the Gulf of Mexico.

    50. Re:So? by flyneye · · Score: 0, Flamebait

      Even a stopped clock is right twice a day.
      There is no good reason to not continue, other than some haint jumping around hollering "booga, booga, booga, if you drill it will spill, be afraid and trust me and the democrats to fix your problem and combat your fears. Don't worry we will tell you when to be afraid."
      Truthfully we could use both the jobs and the oil .
      We could also stand to lose some morons with blind faith in government.

      --
      *Repent!Quit Your Job!Slack Off!The World Ends Tomorrow and You May Die!
    51. Re:So? by jollyreaper · · Score: 1

      We're dealing with big oil. Conflicts of interest over oil companies are something we'd be idiots not to take seriously. Remember Joe Barton, on the House Energy and Commerce Committee? Actually apologized to BP a few days ago for them having to pay for the damage they caused? Should we assume that guy had public interest at heart?

      More to the point, he was not going rogue here, he was repeating the point of view shared by all the other Republicans in his think tank. His gaffe was simply saying this out loud. He repeated a talking point in front of the wrong crowd, like a comedian accidentally bringing out his blue material on Carson.

      http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/061910dntexbartonescrow.1fc6cdc.html

      --
      Kwisatz Haderach
      Sell the spice to CHOAM
      This Mahdi took Shaddam's Throne
    52. Re:So? by sgt+scrub · · Score: 1

      if information was as poorly relayed as it was back in the judges day he would have gotten away with it. i think he is just so out of touch with society, like most judges, that he thought nobody would notice.

      --
      Having to work for a living is the root of all evil.
    53. Re:So? by UnknowingFool · · Score: 5, Insightful

      To be clear, I believe that BP should pay for everything but I question I question the viability of forcing BP to liquidate assets and set aside $20B

      They way you make it sound, BP was forced to go down to the local pawn shop and sell all the family heirlooms the next day. The Obama administration got a promise from BP that they would set aside a $20 billion account. The details have not been worked out but one detail that I did hear was that it was $5 billion a year for 4 years. Considering that BP made $16 billion in profits last year, I would think they could figure out a method to do so without disrupting the company financially.

      - even big evil oil companies need operating revenue.

      As a company, BP's revenue of $246 billion in 2009. Asking for less about 2% of revenue to be funded over the course of a year isn't a major strain on their revenue.

      Don't forget that a log of British citizens stand to lose a large chunk of their retirement if BP goes belly up.

      Did anyone say anything about bankrupting BP? No. BP made profits of $16, $22, $21, and $22 billion the last 4 years. At most, they will be losing out on profits for one of their last 4 years or 25% of the profits for the last 4 years.

      One main reason that the administration was insistent about a fund is that though the Exxon Valdez incident happened over 20 years ago, some litigants in Alaska still haven't been paid yet. Could you wait 20 years for money that was owed to you?

      --
      Well, there's spam egg sausage and spam, that's not got much spam in it.
    54. Re:So? by Volante3192 · · Score: 1

      Digital clocks aren't right twice a day if they're broken.

    55. Re:So? by hierofalcon · · Score: 4, Informative

      This concern isn't about producing wells. It is about drilling rigs.

      It was recently reported in various news channels that Anadarko was trying to break a contract with a drilling operator in the gulf because Anadarko couldn't use their contracted drilling equipment due to the moratorium. The owner of the equipment replied they could use it elsewhere. The drilling costs IIRC were on the order of $400,000/day. Other deep water drilling day rates I've seen go up to $800,000/day.

      If the moratorium continues, the drilling rigs will move where they can be utilized, and they'll stay there while there is work. Most won't just sit around and wait the moratorium out and hope it isn't extended. There are limited numbers of deep water drilling rigs, they take time to build, and nobody wants to build replacement rigs to meet a spot shortage because they've all moved to other areas due to this. So there could be a longer term impact even if the moratorium does end in 6 months.

      Likewise, the exploration companies are going to pick places to explore for oil based on the likelihood of being able to produce from them, and the moratorium also puts that at risk. There are many variables in that equation that are continually reviewed, but politics in all its forms factors in heavily.

      Take a nominal production rate from the Deepwater Horizon experience (as it'll be replaced ASAP), multiply it by 365 and then by 33+. That's a lot of barrels of oil and cubic feet of gas produced locally each year that we don't have to depend on less stable countries for. Regardless of your opinions on alternative forms of energy for cars, we're going to be dependent on oil for many years to come. Why shut off a good source?

      Everybody learned something from this disaster, including the major oil companies. Nobody wants to repeat it, although at some point one probably will. If the government doesn't like the consequences, maybe they should open up more shallow water tracts in other areas of the country where problems can be fixed more easily when things go wrong.

    56. Re:So? by couchslug · · Score: 1

      "Future deep-water drilling will likely be more carefully regulated."

      in areas within the US Economic Exclusion Zone...

      --
      "This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
    57. Re:So? by sumdumass · · Score: 2, Insightful

      That may be so, but the problem is that no one has correlated the effects of the 33 exploratory wells impacting those negatively.

      The best they have done is said "these people fucked up and something happened". There is no reason to believe the other people have fucked up or that anything is going to happen to them. Attempting to weight the jobs now is no different then before the BP disaster except that we have an ongoing reminder of how bad it can get if something goes wrong. Outside of that, nothing it different.

    58. Re:So? by Anonymous Coward · · Score: 0

      So sick of hearing "Big Oil" Obama and Soros is in bed with Petrobras and drilling deeper than even. We are being robbed and all you can do is bobble head and say - duh, it's big oil man...

    59. Re:So? by mea37 · · Score: 1

      Yeah, sort of. But in GP's analogy, the guy in the field is "all of us", not BP.

      Based on the facts as they've been presented, I believe elements of BP's management team are directly responsible for the 11 deaths on the rig, plus the environmental and economic impact of the spill. That does not mean that I think drilling policy needs to be rolled back, any more than a "sudden acceleration" problem in certain Toyotas would mean that we should abandon the use of cars.

      What it does mean to me is:

      1) If specific decisions (such as premature removal of drilling fluid) can be demonstrated to have contributed to - or even probably contributed to - the explosion, then future decisions along the same lines should be outlawed with personal criminal liability for those responsible.

      2) In general the corporate system of reward, accountability, and liability should not be allowed to continue heavily favoring risk-taking where the downside hits people other than the decision maker. Managers who aren't qualified to understand the technical apsects of a decision (but perfectly qualfied to ogle at the dollar signs attached to that decision) should be forced to understand the need to defer and delegate. The fact is most companies pull the same type of stunt BP did, but (a) usually it doesn't blow up in their face, and (b) when it does it's usually not as spectacular as the Deepwater Horizon failure.

      Political haymaking about oil policy in response to an individual disaster that should not have happened (and probably would not have happened but for government-sanctioned corporate greed) is just as cynical as any other political haymaking.

    60. Re:So? by BlueStrat · · Score: 4, Interesting

      Yahoo's Newsroom is reporting that the judge who overturned the drilling moratorium holds stock in drilling companies.

      No conflict of interest here, no sir...

      Just like there's no conflict of interest in the fact that the US government just loaned the Brazilian state-run oil company Petrobras 2 billion dollars for offshore drilling in depths far exceeding the moratorium.

      Funny coincidence also that George Soros, (who, through the Center For American Progress & John Podesta, who also headed Obama's transition team and chose who filled most of the top positions in the administration) invested a huge amount in Petrobras only days before the government's decision to invest. George Soros stands to make a killing from the drilling moratorium.

      Why is the administration crippling US oil companies while investing heavily in a foreign oil company?

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    61. Re:So? by hawguy · · Score: 5, Insightful

      If the moratorium continues, the drilling rigs will move where they can be utilized, and they'll stay there while there is work. Most won't just sit around and wait the moratorium out and hope it isn't extended. There are limited numbers of deep water drilling rigs, they take time to build, and nobody wants to build replacement rigs to meet a spot shortage because they've all moved to other areas due to this. So there could be a longer term impact even if the moratorium does end in 6 months.

      So they are saying "if you don't let me play I'm going to take my toys and go home"?

      Either there's oil (money) to be found in the gulf or there's not. If there is, then there will be companies ready to drill when the moratorium is lifted. Maybe it will take them 6 months to relocate equipment there, but they'll definitely be back.

      Delaying a few dozen exploratory wells for a year while they investigate this accident and have a better idea of the cause *and* have time to enact new rules to prevent the same scenario from recurring doesn't seem like a bad course of action.

    62. Re:So? by sumdumass · · Score: 1

      IT wasn't "convincing them" at the time. Obama repeatedly claimed he was going to take the money, that BP was going to pay, he was going to "kick their asses", and he was going to use the government to go after them and make them pay.

      Now you tell me, If the federal government with it's unlimited resources repeatedly made threats like that to you, including threats of changing laws to retroactively (post facto) increase your penalties for something and threats of driving you into bankruptcy, and then asked you to do one thing to make it all stop, what the hell are you going to do?

      If they weren't using the power of the US government and many questionably unconstitutional devices to threaten them first, I could agree with you. However, cooperation by coercion from the federal government most certainly is unconstitutional and it's most certainly not convincing someone to cooperate. It's forcing them to do something without due process or just compensation.

    63. Re:So? by Anonymous Coward · · Score: 0

      He was right that the government basically telling BP "Start coughing up without a being found guilty because we said so or we'll might start fining you/killing your licenses" should be illegal. Due process exists, and it should be followed. That's extortion.

      I presume you're going to be seeking for criminal charges to be filed against all the prosecutors, cops, and other such people in your area who have made statements like:

      "If you don't confess, we're going to take you to court on this?"

      Not just one, but ALL of them. Because that's how I'm taking your reaction if it were truly a fair and honest one.

      See, I don't believe you're actually concerned about the details, but more likely you're just trying to throw whatever you can at Obama and hoping it sticks.

      I'm sorry, but while I can respect a concern for improper extortion and coercion, you have not demonstrated that to be the case. Instead you're giving a bullshit "How dare he!" indignation that does not reflect reality in any substantive way.

      BP isn't even your average Joe Schmoe who doesn't know anything about his rights. They've got a legal staff to protect them quite effectively.

      So far as I know, there hasn't been anything going on other than...the same kind of negotiations that go on all the time before lawsuits, during lawsuits, and even after lawsuits. This isn't like a mafia case where they show up with some big thugs and threaten to break your legs.

      But you don't realize that by tossing that crap around, you're showing just what kind of partisan you are.

      The idea that the government is setting a precedent that it can interfere with a business like that worries me.

      It worries you that the government will be concerned about the relations one entity with have with those others around them? And that's a precedent for you?

      Where have you been hiding for the past few decades?

      How do they get all that money back?

      They can sue whichever lawyer gave them the bad advice to settle when they weren't liable. But I think it's far more likely that a company is going to refuse to pay or admit responsibility than they are to pay out too much.

      I understand getting people money faster instead of the 20 year Exxon-Valdeeze thing, but this seemed so close to coercion.

      You need to stop listening to Rush Limbaugh or whatever pundit is spoonfeeding you this kind of crap.

    64. Re:So? by Anonymous Coward · · Score: 0

      I've *heard*, but can't prove myself, that in Canada and some countries in Europe safety nets like relief wells must be drilled at the same time as the main well in the event something goes wrong in the future the relief is already setup and ready to go.

      I'm wondering why we don't have a regulation like this, as a just-in-case-the-shit-does-hit-the-fan-we-have-a-back-up type deal.

    65. Re:So? by Anonymous Coward · · Score: 0

      Take a nominal production rate from the Deepwater Horizon experience (as it'll be replaced ASAP), multiply it by 365 and then by 33+. That's a lot of barrels of oil and cubic feet of gas produced locally each year that we don't have to depend on less stable countries for.

      All oil is bought and sold on the same world market. To the market, there is no 'Saudi Arabian Oil', or 'Venezuelan oil', or 'Canadian oil'. It all goes into one big pool and the market sets the price. It doesn't matter how much or how little we drill. We will always be buying from less stable countries, because those countries produce 2x times more oil than we do. Even if opened up every square inch of our territory to unfettered drilling, we couldn't keep up with the amount of oil we consume.

      If oil consuming countries were crackheads, we would be Tyrone Biggums.

    66. Re:So? by sumdumass · · Score: 1

      Actually, it would make it less of a conflict of interest. What it wouldn't make it is any less of might be a impression of inappropriate behavior happening.

      A conflict of interest requires the person to know that they have an interest which could create the conflict. IF they do not know about it, then no conflict can ensue. However, others will not know if or when they knew about it so they will not know if a conflict was present or not. So while the conflict is still looming, it is less when they do not know about the interests in which the conflict can come from.

    67. Re:So? by drsmithy · · Score: 1

      Deepwater Horizon was a series of mistakes with known causes, not a tail-end probabilistic event. Future deep-water drilling will likely be more carefully regulated.

      At least until those regulations are repealed because they're stifling innovation in the free market...

    68. Re:So? by orient · · Score: 1

      It's about drilling new wells. The drilling companies do not make money from operating wells, they are only paid to drill new wells.

      So, if the judge owns stock in drilling companies...

      --
      Laudele lor desigur m-ar mahni peste masura.
    69. Re:So? by gangien · · Score: 1

      And since when does the constitution stop much of anyone/thing in DC?

    70. Re:So? by Attila+Dimedici · · Score: 3, Insightful

      So, we had a environmental catastrophe drilling for oil in deep water, obviously the answer is to leave all future drilling in deep water to those who have a proven record on the environment, like the Chinese.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    71. Re:So? by Barrinmw · · Score: 4, Insightful

      What I don't understand is, when I worked in the navy in a nuclear power plant, all the fail safes were designed around the worst imaginable thing going wrong and preventing that from causing core damage. Why the hell are any deep sea oil rigs being allowed to continue operating when we now know for a fact that they have no way to reliably stop their worst case scenario? It just seems illogical to me that they would risk what just happened again or even worse?

    72. Re:So? by Bigjeff5 · · Score: 0, Troll

      The idea was to hit the "pause" button on 33 new wells while we figure out why the new-well drilling at Deepwater went so wrong.

      The problem is, there is no "pause" button.

      To shut down these wells they have to do exactly the same procedure that failed on DeepWater Horizon! The fact is, the risky operation is in sealing it off, not continuing to drill.

      Fucking idiot president knows fuck all about the oil industry, and is making another spill far more likely just to make himself look less like a complete imbecile in this situation.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    73. Re:So? by Estanislao+Mart�nez · · Score: 1

      He was right that the government basically telling BP "Start coughing up without a being found guilty because we said so or we'll might start fining you/killing your licenses" should be illegal. Due process exists, and it should be followed. That's extortion.

      I don't see any violation of due process, nor any obvious violations of anything. Oil drilling is regulated; the government does have authority to fine, issue and kill licenses for this kind of stuff within reason, and BP is involved in a huge environmental catastrophe. This is not very different from the fact that the government can take over insolvent banks from their owners.

      And nobody forced BP to cough up the $20B. They were asked, not at all nicely, to do so, and they agreed. They could have refused and tried to take on the government--and that dispute would then be subject to due process.

    74. Re:So? by cjb658 · · Score: 2, Insightful

      Do you think that six months of wait on 1/100th of the Gulf wells will destroy the economy?

      It shouldn't, but I'm sure they'll use that as an excuse to jack up the price of gas.

    75. Re:So? by iamhassi · · Score: 1

      FTA:
      "Feldman said in his 22-page decision. "The blanket moratorium, with no parameters, seems to assume that because one rig failed and although no one yet fully knows why, all companies and rigs drilling new wells over 500 feet also universally present an imminent danger.""

      Crazy I know! We have no idea why one rig failed, so why would we stop all of them? We should just let them continue until we either figure out why it failed or several more fail, that makes more sense.

      --
      my karma will be here long after I'm gone
    76. Re:So? by Tsiangkun · · Score: 1

      I agree, with the record setting profits these companies have raked in over the past decade, they could afford a 60 day break to ensure the safety of our country.

      This is the biggest non-nuclear man made disaster ever, and it gets worse every day. They are poisoning the water supply from which a large percentage of our oxygen is generated. Accidents like these destroys ecosystems, and directly threaten the ability of the planet to support human life. These wells deserve some scrutiny to preserve the species.

      I'm tired of these activist judges that use their positions to advance the goals of the capitalist terrorist organizations that are directly threatening the security of my country.

    77. Re:So? by phantomfive · · Score: 1

      He didn't just hand out a bunch of money to whomever he wanted.

      Yet. Trusting the restraint of politicians when they are given a pile of money is naive. We'll see what happens.

      --
      Qxe4
    78. Re:So? by Bigjeff5 · · Score: 1

      Worse than that, the Deepwater Horizon accident happened when they were capping the well, which is exactly what these 33 rigs have to do!

      One rig just fucked the operation up, spewing millions of barrels of oil into the ocean, so to be safe you're going to force 33 more to perform the exact same operation? What the fuck?

      I'm sorry, but Obama is damn near retarded for this moratorium. If anything could be the opposite of what was needed, this is it.

      Lets hope and pray that none of those rigs have the exact same accident, eh?

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    79. Re:So? by int69h · · Score: 1

      Can you provide relevant citations? I live on Louisiana, and my anecdotal evidence says otherwise. Since you're including areas as vague as tourism, be sure to keep in mind pipeliners, shipping via riverboats, our chemical plants, Exxon in Baton Rouge that probably employees more people than all of the commercial fisherman in Louisiana, etc.

    80. Re:So? by ImABanker · · Score: 1

      You have much to learn.

    81. Re:So? by geekoid · · Score: 1

      yes, a re-inspection based on the way they where doing things the led to the incident.

      This moratorium is a good thing. Yes a few people will be set back. I think it's worth it; especially when you consider 100 million has been put aside to still pay the people who will be out of work because of this moratorium.

      It's about risk. Considering the risk involved, it's worth stopping.

      .

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    82. Re:So? by illumin8 · · Score: 1

      He was right that the government basically telling BP "Start coughing up without a being found guilty because we said so or we'll might start fining you/killing your licenses" should be illegal. Due process exists, and it should be followed. That's extortion.

      Due process my ass. You seriously want to tell thousands of gulf fishermen that they need to hire lawyers, initiate a lawsuit, and fight for their lost wages? With what money are these fishermen going to hire said lawyers? BP has enough lawyers they could tie the lawsuits up for years while these guys starve.

      Sometimes extraordinary measures are called for, and frankly I'm glad that the US had the balls to stand up to BP and tell them to cough up money immediately. When someone's livelihood is being irreparably harmed, you don't just tell him to hire an attorney and spend a few years in court.

      --
      "When the president does it, that means it's not illegal." - Richard M. Nixon
    83. Re:So? by Achromatic1978 · · Score: 1
      It's a good thing no-one seized BP's money, then, isn't it?

      Where is that $20B? In an escrow fund, of BP's choosing, managed by BP, as a symbol of commitment to pay for proven damages later.

      Even some of the hardest-line republicans and their mouthpieces on AM radio and FOX have backed way away from Barton's statement. Possibly for a good reason.

    84. Re:So? by geekoid · · Score: 1

      yes. And when those reguilaitons are put into place, they can start drilling new holes.

      Assuming the people doing the drilling give a fuck.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    85. Re:So? by Achromatic1978 · · Score: 2, Insightful

      Why is the administration crippling US oil companies while investing heavily in a foreign oil company?

      US oil companies like B(ritish) P(etroleum) and (Royal Dutch) Shell, you mean?

    86. Re:So? by Javagator · · Score: 3, Insightful

      The local people who work for the oil companies are only a small fraction of the people who work in the tourist industry and fishing industry that are being destroyed by this oil spill. Not to mention the environmental damage and loss in quality of life.

    87. Re:So? by Javagator · · Score: 1

      Not to mention the people who clean up after the spills.

    88. Re:So? by Bigjeff5 · · Score: 1

      Actually apologized to BP a few days ago for them having to pay for the damage they caused?

      Yeah, that would be awful, if one shred of it were true. He apologized for the trumped up witch hunt, the fucking retard congressmen and women who tried to get Hayward to say he was personally aware of the decisions being made. Hayward isn't even a fucking oil man, he's a bureaucrat. He is good at administration - running a company. He hires oil men to help him run it properly, but he himself knows little technically of oil industry technologies. It was that bullshit, these shitheads looking for their 15 minutes of fame, that Barton apologized for. And his spineless co-congressmen crucified him for it.

      The fact is, BP's legal responsibility for the cleanup stopped at $75 million. Yet, they immediately promised to cover every single dime of the cleanup cost. There is plenty of evidence that suggest BP seriously fucked up, but from day 1 of the spill they have been trying to do the right thing, and all they've gotten is hell for it.

      Nobody bothers to look at Anadarko, who owns 25% of that well and therefore shares 25% of the responsibility, yet has shared in 0% of the cleanup. They are nowhere to be seen. They are definitely not doing the right thing here. BP is. They screwed up big time, and they are working their ass off to clean it up.

      BP deserves an apology, and fucking idiots like Obama need to sit down and shut the hell up. The idiotic moratorium of his forces 33 wells to perform the exact same operation that caused the BP spill in deep water. What if one of them fails? What if they have the exact same problem TransOcean had? What then? We're using all our resources to plug just one spill, a second would flow uncontrollably.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    89. Re:So? by Darinbob · · Score: 1

      Actually we've probably had bigger man made disasters. Saddam Hussein dumped more oil at the end of the Gulf War than this spill caused. The great dust bowl though could be argued as the biggest man made ecological disaster, with more long term economic effects than this spill will end up having.

      But it'll probably end up high in the top ten list.

    90. Re:So? by commodore64_love · · Score: 1

      >>>They can always go home and screw up their own if they don't like the way the game is played here.

      "Some British citizens feel this hatred is being directed at them." - BBC World News

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    91. Re:So? by pugugly · · Score: 2, Insightful

      I love all the people that are acting like stopping related projects is this unprecedented move.

      It's the same thing that happens in any other emergency when "Something bad happened and we're not sure what" FAA grounds plane because of suspected defects, FHSA will temporarily say "Don't drive trucks of such and such years", et al.

      The fundamental statement by the judge here, that this isn't standard protocol, is factually wrong. When you have an emergency that casts doubt on the procedures you've been using . . . you stop related operations till you find out what the hell happened.

      Unless of course you're in the oil industry, and the accident has wiped out the economy and devastated the environment. Then you get conservative morons with their typical sense of entitlement insisting they shouldn't be treated the same way as other people.

      It's like dealing with spoiled kids.

      Pug

      --
      An Invisible Entity of Vast Power whose existence must be taken on faith alone: Liberal Media
    92. Re:So? by commodore64_love · · Score: 1

      >>>If the federal government with it's unlimited resources repeatedly made threats like that to you, including threats of changing laws to retroactively (post facto) increase your penalties for something and threats of driving you into bankruptcy, and then asked you to do one thing to make it all stop, what the hell are you going to do?
      >>>

      Well as a PERSON I would tell them to "bring it on" and use the Constitution as my shield, my friends in the patriot movement as my sword, and my faith in the American people & the jury of peers to block the government from smashing me underfoot and violating the Bill of Rights.

      As a soulless corporation I'd just hand-over the money like BP did.
      It's cheaper to bribe a politician than fight him.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    93. Re:So? by PopeRatzo · · Score: 2, Insightful

      BP should pay for their mistakes, but they shouldn't have to pay workers not to work due to a government decision.

      You can't be for real. You're more worried about the .01 of wells in the Gulf that are under the moratorium and the .01 of the oil rig workers than you are about the .99 of the people along the Gulf who are adversely affected by the crude that's gushing into the Gulf and fouling communities from Texas to Florida.

      You know, there are corporations that would gladly destroy the environment and peoples' lives to make an additional 3% profit this quarter, and they get away with it because there are fools who will do their PR work for them, just because Limbaugh, Beck or Hannity told them to.

      Man, you need to be ashamed.

      I would have liked to have seen all BP assets in the US nationalized until every single American, every single waitress at Denny's who's gonna lose tips because vacationers aren't coming to the Gulf because of the thick crude oozing up on the beaches, is made whole.

      It's getting to the point where every year we continue to rely on combustion of fossil fuels is a year that we go deeper into a moral deficit. When we finally decide enough is enough, and actually put some serious money and effort into alternative energy sources (not just solar car races in New Mexico), people are going to look back and wonder what kind of monsters we were, knowing as we do the damage we are doing and not just sitting idly, but protecting our dysfunction like so many battered spouses.

      --
      You are welcome on my lawn.
    94. Re:So? by Anonymous Coward · · Score: 0

      The point is that since there is no way to stop a spill that might happen because the emergency plans are useless, they need to stop what they're doing until they figure out how to prevent and clean up a disaster.

    95. Re:So? by geekoid · · Score: 1

      Tat';s just the problem.

      There is no real 'home'. Look at how the company is structured. For all practical reason, there is no one overriding body.
      Yeah, they have the word 'British' in there name, guess how much Britain has over the company? almost zero.
      Any country BP has a headquarter in could shut down the headquarters, but that would have little long term impact to the company.

      This is the first none country dependent corporate disaster.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    96. Re:So? by geekoid · · Score: 1

      Going to a company and saying "You did this wrong thing, what are you going to do about it?" should be the first response for anyone.

      If a contractor screws up your roof, you should ask them to fix it before having to go to court.

      After you start the court case, then all the legal stuff will natural be part of it.

      The idea that nothing should be done by any party before going to court is appalling and myopic.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    97. Re:So? by Rockoon · · Score: 1

      Well as a PERSON I would tell them to "bring it on" and use the Constitution as my shield, my friends in the patriot movement as my sword, and my faith in the American people & the jury of peers to block the government from smashing me underfoot and violating the Bill of Rights.

      That worked quite well for Terry Childs...

      --
      "His name was James Damore."
    98. Re:So? by Rockoon · · Score: 1

      the government does have authority to fine, issue and kill licenses for this kind of stuff within reason, and BP is involved in a huge environmental catastrophe.

      All under existing rules. The existing rules dont allow $20B, making your rebuttal wrong. Period. Thats the end of the discussion. If you dont like it, take it up with congress.

      --
      "His name was James Damore."
    99. Re:So? by int69h · · Score: 1

      I just checked and their are more commercial fisherman ~15,000 than people employed at the Baton Rouge refinery ~6500. The numbers didn't break down those that fish in and around the gulf vs elsewhere, but I'd wager that at least 1/2 of them are around the gulf. Oil, natural gas, and chemicals still crush fishing in dollars though.

    100. Re:So? by Bigjeff5 · · Score: 1

      The BP case is really clear cut. Even if it was the contractor that messed up, BP was supposed to keep tabs on them and owned the well.

      By the same token, the MMS was supposed to keep tabs on BP and their contractors. In fact, they signed off on everything. If the MMS thought it was OK, why is BP to blame when it turns out it wasn't? Why isn't the federal government sharing any of the blame?

      Every accident is caused by bad decisions. Big accidents are usually caused by a number of bad decisions that link together "just so", creating a sort of perfect storm for a catastrophe when a single bad decision can be made continuously without consequence. There is no way in hell BP wanted to spill millions of barrels of oil in the gulf. This accident was in no way caused by any sort of malicious behavior. It was a fucking accident.

      He was an idiot for phrasing it as an apology to BP.

      I completely disagree. I was thoroughly impressed when I heard Barton apologize. BP screwed up (I mean, REALLY screwed up) and caused the spill, but as soon as the spill happened they did the right thing. The legal limit for cleanup costs an oil company is required to pay for a spill is $75 million. That's it. From day one BP waved that and said they would pay every dime of cleanup costs, and compensate every legitimate claim of loss caused by the spill. That is far, far more than the law requires, and in fact BP is up to $2 billion and counting, with no signs of slowing down. They have definitely proven that their word is good, and they have been extremely responsible in the aftermath. The worst you can say about them is that they low-balled early estimates of the spill's volume. That's it, and the government agreed with them at the time, so it's not exactly damning.

      Yet in spite of that they have gotten zero credit from Congress or Obama. The coast guard was more than willing to talk about how great their efforts were though, so Obama had to shut them up.

      Obama's $20 billion extortion fund is just grandstanding, and his moratorium was about the worst idea he could possibly have had. The Deepwater spill occurred while capping the well - either the cement failed or the mud solution was too light, causing the blow out. That left only the blow out preventor, which also failed. So what does Obama do? Why, he makes everyone cap their wells! Brilliant! Why don't we just go ahead and see if we can't get another spill going, why don't we?

      It's like an airplane crashing on landing for an as-yet unknown reason, so to be safe Obama orders all the airplanes in the sky to land... I mean, what the fuck? Yeah, that makes tons of sense.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    101. Re:So? by BlueStrat · · Score: 1

              Why is the administration crippling US oil companies while investing heavily in a foreign oil company?

      US oil companies like B(ritish) P(etroleum) and (Royal Dutch) Shell, you mean?

      Oh, I'm sorry. I guess the drilling ban doesn't include any US oil companies then?

      If the drilling ban goes into effect, the oil rigs in the gulf will be leased to other oil companies and moved, and they won't be coming back anytime soon. Tens of thousands of US jobs will also leave with the rigs. Drilling won't stop, it will just move, and in the process make George Soros huge amounts of wealth and increase US energy costs enormously. Huge increases in energy costs and enormous job losses aren't exactly what one needs in an economic crisis.

      This is an example of rampant government corruption and Progressive ideology run amok.

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    102. Re:So? by shutdown+-p+now · · Score: 1

      Sometimes shit happens. And shit happened at Deepwater. No one wanted it. It's risky business. Living is risky. Let's clean up the mess and keep drilling.

      "Risky" is not a binary value, and it should account for potential damages as well as possibility of them happening. Just saying "oh well, shit happens" and going on doing the same thing regardless of what the problem is, or what the consequences are, is stupid. According to this line of thinking, Soviet Union should have kept building RBMK reactors under existing specs after Chernobyl, for example.

    103. Re:So? by cpt+kangarooski · · Score: 3, Insightful

      Actually it's the folks on the Gulf coast who are most concerned about the moratorium, because they're the folks who make their living supplying the rigs that were put under the moratorium.

      Oh, I don't know. I'm from the Gulf Coast originally, and everyone I know there is spitting mad about the spill, and would be perfectly happy to see the rigs gone, lest this get worse, or happen again, and the various malefactors severely punished. I don't know anyone opposed to the moratorium. And if oil rig workers would lose their jobs as a result, why not let them get jobs cleaning up the spill, just like the fishermen are having to do.

      --
      -- This and all my posts are in the public domain. I am a lawyer. I am not your lawyer, and this is not legal advice.
    104. Re:So? by Anonymous Coward · · Score: 0

      Well they did. Now maybe not so much.

    105. Re:So? by shutdown+-p+now · · Score: 1

      Where did the U.S. Constitution give authority to suspend an industry like this?

      I'd imagine it is the same place that gave them the authority to cap liability of accidents.

    106. Re:So? by Frnknstn · · Score: 1

      Car analogy time!

      Your car is poorly maintained and unroadworthy, and your brakes fail, causing you to crash into someone. The government says you can't drive the car until it is fixed. Does the government have to pay for your cab fares until you do?

      --
      If it's in you sig, it's in your post.
    107. Re:So? by Anonymous Coward · · Score: 0

      The North Sea isn't very deep so they wouldn't have much trouble there. They wouldn't be dealing with faulty blow-out preventers either.

    108. Re:So? by Anonymous Coward · · Score: 0

      Why do Americans buy stock in companies if its fairly normal for said companies to not pay dividends?
      How do they make a profit?

    109. Re:So? by Qzukk · · Score: 1

      The idea was to hit the "pause" button on 33 new wells while we figure out why the new-well drilling at Deepwater went so wrong.

      Yeah, well, the well construction corporations hit "stop" and started laying everyone off, because apparently they have zero confidence in the ability of BP and the government to fix this anytime soon.

      --
      If I have been able to see further than others, it is because I bought a pair of binoculars.
    110. Re:So? by Bemopolis · · Score: 1

      Worse than that, the Deepwater Horizon accident happened when they were capping the well AFTER PENETRATING INTO THE RESERVOIR OF OIL, which is UNLIKELY TO BE exactly what MANY, IF ANY of these 33 rigs have to do!

      There, fixed that stupidity for you.

      The stupid you still have left in your head, that I can do nothing about.

      --
      "I guess the moral of the story is, don't paint your airship with rocket fuel." -- Addison Bain
    111. Re:So? by chill · · Score: 1

      Of course, they could have turned down the President. Of course, in that case they probably would have been sued by the Federal government into even greater oblivion for the damages they have caused.

      I doubt it. There is a federal law capping damages such as this. They're required to pay for the CLEANUP, but thanks to George H. W. Bush (Bush Sr.) and 101st Congress, the Oil Pollution Act of 1990 was passed that limited liability to $75 million plus cleanup costs.

      So there is a specific federal law dealing with the. And there is a specific Constitutional clause that prohibits Ex Post Facto laws. So, the Fed would have lost in court and BP... well, probably not much would have happened to BP other than some regulatory issues to begin with. However, some more cocaine, hookers and bribes would have taken care of that over time.

      Don't believe me? Tell me how fast and how much Exxon was made to pay in compensation for the Exxon Valdez disaster. (A hint: decades and not much) And how is Exxon's reputation today? Not bad, judging by the amount of business they do and how much money they make. (Hint: An assload and a mega assload).

      --
      Learning HOW to think is more important than learning WHAT to think.
    112. Re:So? by Jeremi · · Score: 1

      This administration is going to kill the drilling industry in America. Literally kill it

      Let's say for the sake of argument that you're right, and this does kill the USA's deep-water drilling industry. Who is to say that's a bad thing? Let's weigh the pros and cons:

      One cost would be the loss of oil-industry jobs, and the secondary jobs that depend on them. The thing is, all of those jobs would have gone away in any case, once the supply of available oil had been exhausted. So this would just be speeding up the inevitable.

      The second cost would be the loss of the profit that would have been made on the oil that was retrieved. On the hand, the risk of another disastrous oil leak would drop to zero as well. Is that a net gain or a net loss? It's hard to say, since we can't predict when the next leak would occur, or how bad it would be.

      My feeling is that we need to face the inevitable: oil-based jobs are going to go away when we stop drilling for oil, and we will stop drilling for oil at some point -- either because the risk and/or expense is too great, or because there simply isn't any oil left to drill for. Either way, we should start preparing for that inevitability by transitioning towards alternative energy sources. A job collecting clean energy can pay just as well as a job collecting oil, and it serves our national interest better.

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    113. Re:So? by SETIGuy · · Score: 1

      Where did the U.S. Constitution give authority to suspend an industry like this?

      Where does the Constitution give the authority to allow mining on any federal lands? Managing drilling leases is an executive branch function. If the oil company doesn't like that, it can go drill somewhere else.

    114. Re:So? by Anonymous Coward · · Score: 0

      Let the less stable companies use up THEIR oil. I'd rather we keep the oil under the US still in the ground, then when the middle east dries up, we'll still have something to fall back on.

    115. Re:So? by sumdumass · · Score: 1

      I love all the people that are acting like stopping related projects is this unprecedented move.

      It's the same thing that happens in any other emergency when "Something bad happened and we're not sure what" FAA grounds plane because of suspected defects, FHSA will temporarily say "Don't drive trucks of such and such years", et al.

      Well, lets look at this in contrast. suspected defects, nope, from the start we had rig workers who survived the initial fire talking about taking shortcuts and damaging equipment (in the test that ruptured/tore the BOP seal because a crane operator touched a control). So there is no suspected defects here.

      The fundamental statement by the judge here, that this isn't standard protocol, is factually wrong. When you have an emergency that casts doubt on the procedures you've been using . . . you stop related operations till you find out what the hell happened.

      And here is the problem that makes it different from the defective products. There is nothing indicating that the standard procedure or devices in use are substandard or that the standards are sub par. All evidence to date is that they took shortcuts and it came back on them. You do not close down an entire industry because some company took shortcuts and caused an industrial accident. Nothing with the procedures or processes or equipment is in doubt here- it's the decisions the BP rig made against regulations to save money that is. It's more equivalent to a person driving with worn brakes instead of a car with faulty brakes from the dealership.

      Unless of course you're in the oil industry, and the accident has wiped out the economy and devastated the environment. Then you get conservative morons with their typical sense of entitlement insisting they shouldn't be treated the same way as other people.

      Some people can see things without emotions clouding their judgment. And yes, emotions is the only reason to halt the drilling at this point.

    116. Re:So? by SETIGuy · · Score: 1

      I have no idea if your post was cleverly designed to fool the stupid, or if your argument is so convoluted that you got confused and ended up saying stupid things. "We gotta keep drilling to know if it's safe enough to drill! We can't shut down these production wells so we have to drill to keep them safe!"

    117. Re:So? by sumdumass · · Score: 1

      You would be bankrupt and in jail I'm afraid. I'll give you kudos for standing up or attempting to stand up for what's right though.

    118. Re:So? by WhiplashII · · Score: 1, Insightful

      No, it's like this:

      Your car is poorly maintained and unroadworthy, and your brakes fail, causing you to crash into someone. The government says no one can drive any cars, no matter how well maintained, until the government changes its mind. Does the government have to pay for everyone's cab fares until they get around to relaxing the ban?

      --
      while (sig==sig) sig=!sig;
    119. Re:So? by ZDRuX · · Score: 1

      Unless Obama gives a definite time line of how long it will take to "figure out" what went wrong, I think this judge did the right thing. What if Obama wants to shut it down indefinitely? What if a federal investigation will take 8 years to complete? What if takes 15?

      I agree with the judge and his reasoning, saying because this drilling platform blew up, doesn't mean all the other ones will all go up in flames by next Tuesday. How come he hasn't placed a moratorium on planes, cars, electric plants, buildings, even transport ships in the sea like the Exxon Valdez?.. they all blew up at once time or another and caused either environmental damage or loss of human life.

      --
      The magical number is: 09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
    120. Re:So? by AuMatar · · Score: 1

      Because they would have made the money if it had all worked out. That's why businesses are considered risks- you take a risk, and if you lose you pay. If you win you make a lot of money. You can not and should not have both. If the US government and people are going o cover their asses for failures, then the wells should be state owned and the people should be making all profits off the oil.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    121. Re:So? by iPhr0stByt3 · · Score: 1

      Orly? Have you given half your annual salary to solve this problem lately? no? Then don't talk about other's people's livelyhood like it's spare change. You cannot deny that these people have families to care for too. Now, I don't know how exactly these workers are even affected (Will they receive unemployment? Will BP have to pay them regardless?). And it's not like I want this oil spill to get worse. I just hope the workers are taken care of - otherwise, no, I don't think shutting down these "few" rigs reduces the risk enough to warrant putting all those people out of work this year.

    122. Re:So? by Koby77 · · Score: 2, Insightful

      I would have liked to have seen all BP assets in the US nationalized until every single American, every single waitress at Denny's who's gonna lose tips because vacationers aren't coming to the Gulf because of the thick crude oozing up on the beaches, is made whole.

      We live in a country of laws, not in a communist dictatorship. Our government cannot simply wave a magic wand and begin confiscating property. Instead, there will be due process in a separate court case in which BP will pay for the damage that it caused.

      In the case of the drilling moratorium, the government wanted to go one step beyond what you want, which was to shut down businesses BEFORE they had done anything wrong. Fortunately we don't live in a communist dictatorship (yet) and the judge determined that the executive branch cannot simply wave its magic wand and do whatever it wants without any particular reason.

    123. Re:So? by j0nb0y · · Score: 2, Informative

      It is to BP's credit that they have said since the beginning that they would not hide behind the liability cap. However, the cap does not apply if negligence was involved in the spill. The rig, quite frankly, was not up to the level of industry standards at the time of the spill. That is strong evidence of negligence. Even if BP had tried to hide behind the liability shield, they likely would have failed.

      Bush 41 didn't establish the liability cap. He *raised* it to 75 Million.

      As most people are now realizing, there should not be a cap at all. The problem is that Congress, in response, is going to raise the cap to $10 Billion or some other arbitrary number. When the next disaster happens in twenty years, the cap will be too low again. Hopefully Congress will realize this and abolish the cap completely, but I don't have much faith that they are that forward thinking. Or worse: maybe they realize that if they completely abolish the cap, they won't be able to score environmental points by repeatedly raising it in the future every time there's a disaster.

      --
      If you had super powers, would you use them for good, or for awesome?
    124. Re:So? by kmac06 · · Score: 2, Insightful

      Of course, they could have turned down the President. Of course, in that case they...could have had their regulatory ass handed to them for the next how ever many years this administration was in power over every little infraction.

      Sure sounds like a thuggish shakedown to me. "Nice company you got there...it'd be a shame if something happened to it." The fact that everyone is (understandably) hating on BP right now makes Obama's shakedown no less despicable--and a very dangerous precedent (though admittedly with this president the precedent of shaking down corporations has already been set, this is just taking it to new levels).

    125. Re:So? by SETIGuy · · Score: 1

      To shut down these wells they have to do exactly the same procedure that failed on DeepWater Horizon! The fact is, the risky operation is in sealing it off, not continuing to drill.

      Deepwater Horizon was not yet trying to shut down when the failure happened. They got surprised, and by the time they knew what was going on, it was too late to shut it down because they had used a single faulty BOP (that any inspector could have known was faulty by visual inspection) and didn't think remote shutoff would be necessary. And because we have shit-all for regulations, all those other wells probably have single, uninspected BOPs. But, if they haven't hit oil yet, there is no issue with stopping and pumping cement down the well. If they are production wells and they can't reliably be shut down then the testicles of the CEOs of the companies involved should be hanging over Bourbon St. Preferably with the CEOs still attached. This judge should probably be up there with them.

      Fucking idiot president knows fuck all about the oil industry, and is making another spill far more likely just to make himself look less like a complete imbecile in this situation.

      He knows a fuckload more about it than you do apparently. Was it Rush, Hannity, or Beck that gave you this load of crap?

    126. Re:So? by Anonymous Coward · · Score: 0

      I've heard, but can't verify, that the Canadians require plans for a relief well and that equipment to drill the relief well be nearby - not that the actual relief well needs to be drilled in advance.

      Actually, wouldn't drilling relief wells in advance increase risk? What if the relief well hits an oil and gas reservoir and the lose control of the well? Does it need a relief well in advance also? This could get rather recursive rather quickly.

    127. Re:So? by Estanislao+Mart�nez · · Score: 1

      All under existing rules. The existing rules dont allow $20B, making your rebuttal wrong.

      BP put that money voluntarily into the escrow fund. There's no reading of the rules that prevents this.

    128. Re:So? by SETIGuy · · Score: 1

      Gulf fishermen have lost their jobs for far more than six months....

    129. Re:So? by LurkerXXX · · Score: 1

      This is because of their mistake. They put the entire industry in bad standing.

    130. Re:So? by hierofalcon · · Score: 1

      Actually, the quality of the oil does vary from place to place and thus there is a refining cost differential to turn it into useful stuff. Transportation costs also have a bit of relevance from wellhead to refinery. Other than that, yes, oil is a commodity.

      Imports dropped quite a bit last year due to the recession, but are way above the production capacity of 33 wells. But I think the reserves in the Deepwater Horizion field are estimated at over 2 billion barrels, so it isn't a resource that can be ignored either. Who knows what other fields are out there which won't be explored now or won't be explored as effectively due to the political climate. As vehicles move further and further to electric power, the usage equation will change and imports vs. local production dynamics will shift. This won't happen in the near future, but will become relevant at some point.

    131. Re:So? by Sovetskysoyuz · · Score: 0

      It's perfectly reasonable to call a halt if there's any suspicion that these shortcuts might be common to the practices of other rigs. If one is doing it, chances are the others have figured it out too. Call a halt and make sure proper procedures are actually being followed.

    132. Re:So? by SETIGuy · · Score: 1

      The people at the Baton Rouge refinery aren't even going to notice a difference of less than a tenth of a percent in production. That tenth of a percent will probably be made up by an extra tanker or two steaming into the gulf. You didn't think there were no import of oil into the gulf states, did you?

    133. Re:So? by hierofalcon · · Score: 3, Insightful

      Not at all. They're saying these toys are costing a bunch of money every day setting on the shelf when they could be drilling producing wells in my field over here, so let's go. Home moves and drilling holes to completion takes a finite amount of time.

      There is money to be made in the gulf, but it isn't the only place to play. There is money to be made all over. I agree they'll definitely return assuming the political climate doesn't disintegrate. At this point that is an open question that nobody knows the answer to because nobody can make an accurate guess as to when the rupture will be completely sealed and what the total damage will be.

      I think most of the drillers understand best practices. BP appears to have cut corners and they won't be the last to do so, regardless of the rules in place. Rules are fine. Oversight gets iffy with the small number of qualified people that the government is likely to employ. I don't really think additional delay will make things magically fail safe.

    134. Re:So? by Anonymous Coward · · Score: 0

      Sure, I can agree with that. But when a rig is cleared, it shouldn't be stopped any more. All these rigs got reinspected after the BP accident and passed. All of them know not to take shortcuts. So it would be unreasonable to continue stopping them because of some unfounded fear or the political desire to look like your doing something.

    135. Re:So? by SETIGuy · · Score: 1

      Unless Obama gives a definite time line of how long it will take to "figure out" what went wrong, I think this judge did the right thing. What if Obama wants to shut it down indefinitely? What if a federal investigation will take 8 years to complete? What if takes 15?

      Then we won't have deepwater drilling in that time, and maybe some of the $$ we would spend on cleaning up the next disaster could be put to productive use, like alternative energy. Probably not, because in 15 years we'll still be cleaning up this one, and bp will have morphed in a way that shields them and their shareholders from having to pay for it. The oil under the Gulf doesn't belong to the company doing the drilling or the pumping. It belongs to us, and we let them take it for half a cent on the dollar because, in theory, it benefits us for them to do so. If the country decides its no longer in our interest to have wells operating in the Gulf, then it stops, period. The oil companies aren't entitled to the oil. We don't owe them the ability to make a profit on oil. People working the rigs aren't entitled to jobs, any more than the clerk at Blockbuster is. That's just the way it works.

    136. Re:So? by Rockoon · · Score: 1

      BP put that money voluntarily into the escrow fund. There's no reading of the rules that prevents this.

      ...under threat of fines/etc outside of existing law.

      Why don't you get it?

      --
      "His name was James Damore."
    137. Re:So? by JeffAtl · · Score: 1

      I agree with you on how things should work, but unfortunately the United States government doesn't need due process at all when it comes to asset seizure. If the government seizes your assets, you have to sue the government to get it back - even if you are never convicted of a crime.

      The US Government could easily claim that BP has been engaging in a criminal enterprise and sieze assets that are under US jurisdiction. A conviction isn't neccesary. Even if BP found a sympathetic federal judge, the Supreme Court has been very friendly toward government asset seizures for generations.

      The fear that the US would be regarded as a hostile place to do business is the only real protection that BP or any other company has. A company or person that is not politically well connected has no real protection at all.

      Insanely, the government actually lists the assets being seized as the defendant - not the owner of the assets. During a traffic stop, a cop could seize all the cash you have on you and you would never get it back. Never travel with large sums of cash or let a cop know - it will be siezed since it is "obviously" drug money.

    138. Re:So? by hierofalcon · · Score: 1

      I used to think the same way. But I also think the shift to electric vehicles is going to accelerate in many regions of the country where they're practical. That will reduce consumption drastically over the next couple of decades. So if it's a choice of enriching the middle east or western companies during the changeover, I vote for us.

      But I also remember the gas lines during the last embargo. They weren't fun.

    139. Re:So? by jbengt · · Score: 1

      To shut down these wells they have to do exactly the same procedure that failed on DeepWater Horizon! The fact is, the risky operation is in sealing it off, not continuing to drill.

      As I understand it, the moratorium on new drilling means just that, no new drilling.
      Wells already in production aren't being shut down.
      If the moratorium is lifted, new wells would go through the shutdown procedures that failed at the Deep Water Horizon when the exploratory phse is done in order to turn it .
      If the moratorium remains in effect, those 33 previously permitted new exploratory wells would not be drilling, would not penetrate into the oil reservoir, and, where they've already started drilling, shutdown would be much easier - hell, they're probably already shut down.

    140. Re:So? by Rockoon · · Score: 1

      One cost would be the loss of oil-industry jobs, and the secondary jobs that depend on them. The thing is, all of those jobs would have gone away in any case, once the supply of available oil had been exhausted. So this would just be speeding up the inevitable.

      Now, can you make (as you claimed) a pro vs con point? Let me illustrate why this isnt a point. Our Sun is eventually going to kill all life on earth, therefore nuclear war will just speed up the inevitable.

      This is neither Pro nor Con. It lacks the quality of either.

      The second cost would be the loss of the profit that would have been made on the oil that was retrieved. On the hand, the risk of another disastrous oil leak would drop to zero as well. Is that a net gain or a net loss? It's hard to say, since we can't predict when the next leak would occur, or how bad it would be.

      These things happen naturally as well. There is a 100% chance that it will happen again without drilling. With drilling, it might never happen again. I see what you did there.

      hmm.. I thought you were going to give a pros vs cons list. feh.

      --
      "His name was James Damore."
    141. Re:So? by JeffAtl · · Score: 1
      The second cost would be the loss of the profit that would have been made on the oil that was retrieved. On the hand, the risk of another disastrous oil leak would drop to zero as well.

      That's not correct as the United States does not control the entire gulf. Mexico had a similar incident in 1979 that was one of the largest oil spills on record. Cuba also controls areas that could affect the US coast.

    142. Re:So? by Jawnn · · Score: 1

      Inspections, eh? Performed by whom? The Minerals Management Service? Wow. Thank gawd. That agency, filled with hand picked oil industry stooge... er, "experts", has done a first rate job of making the oil companies follow their regulations to the letter. Right? Right?

    143. Re:So? by falconwolf · · Score: 1

      Huge increases in energy costs and enormous job losses aren't exactly what one needs in an economic crisis.

      As if oil spills don't cause lost jobs. A bunch if fishermen, hotel workers, and restaurant workers would disagree. So will those who see their energy and fuel bills go up. Do you really think BP will pay for the spill? No, they'll just raise their prices. BP will probably also get a tax write-off on the money they do spend.

      This is an example of rampant government corruption

      Doing nothing would be "an example of rampant government corruption".

      Those employees of BP that are responsible need to be held accountable. Didn't China execute a businessman after he sold bad food? ;-)

      Falcon

    144. Re:So? by Anonymous Coward · · Score: 0

      I have mutual funds that I don't keep 100% track of. Sorry for you that you don't. Not living hand-to-mouth is a good way to start though.

    145. Re:So? by falconwolf · · Score: 2, Insightful

      I would have liked to have seen all BP assets in the US nationalized until every single American, every single waitress at Denny's who's gonna lose tips because vacationers aren't coming to the Gulf because of the thick crude oozing up on the beaches, is made whole.

      We live in a country of laws, not in a communist dictatorship. Our government cannot simply wave a magic wand and begin confiscating property. Instead, there will be due process in a separate court case in which BP will pay for the damage that it caused.

      2008 and 2009 calling. The US government owns AIG, banks, GM, ad nauseam. It is already on the road to socialism if not communism. And both Democrats and Republicans are responsible. I'd rather BP be taken over than have Tesla have to compeat against a government bailed out Detroit. BP deserves it whereas Tesla didn't do anything to cause the problems Detroit has.

      In the case of the drilling moratorium, the government wanted to go one step beyond what you want, which was to shut down businesses BEFORE they had done anything wrong.

      Yea, we should wait until another oil spill happens. Nah, a dozen more. Do nothing, do nothing, until it's oil in your house.

      If you really believe BP will be made to pay, you can learn about the Exxon Valdez spill. More than 20 years later wildlife still has not recovered. Nor have the fishermen been paid. Plus oil is still found on beaches. No, if history is any indication BP will get away with wrecking peoples' lives as well as the environment.

      Falcon

    146. Re:So? by falconwolf · · Score: 1

      Crazy I know! We have no idea why one rig failed, so why would we stop all of them? We should just let them continue until we either figure out why it failed or several more fail, that makes more sense.

      Yea, the Gulf should be turned into a cesspool first. Would you feel the same if it happened to your home? Would you allow someone to dump radioactive toxic waste next to you also?

      Falcon

    147. Re:So? by BlueStrat · · Score: 1

      As if oil spills don't cause lost jobs. A bunch if fishermen, hotel workers, and restaurant workers would disagree. So will those who see their energy and fuel bills go up.

      Umm, we've had only one "spill", however the word "incident" with spillage as a consequence would be more accurate. Russian deep-submersibles are reported to have found a fracture in the sea bed at the Deep Horizon well, so this incident may well have happened even if every safety rule & regulation were followed to the letter and then some, if it were the result of an unpredictable natural event.

      Finally, is stopping the rest of the platforms and companies in the Gulf, who have had zero accidents, at major impact to the already very shaky US economic and employment situations, going to reduce or eliminate damage from this Deep Horizon spill? Wouldn't having more resources nearby, at the very least, be worth considering? How about at least signing the waivers to allow foreign marine assistance in the cleanup?

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    148. Re:So? by falconwolf · · Score: 1

      Everybody learned something from this disaster, including the major oil companies.

      Yea, we learned something. They said BP was the expert. BP has proven that not only are they not experts but that they're liars too.

      Nobody wants to repeat it, although at some point one probably will.

      All oil companies care about is their bottom-line. They won't change until they're forced to. Government banks and Detroit. Now it should take over BP and make an example of it.

      Falcon

    149. Re:So? by Cassius+Corodes · · Score: 1

      The US government owns AIG, banks, GM, ad nauseam. It is already on the road to socialism if not communism.

      Come on, the government got shares in return for massive investment, and massive loans at under market interest rates, at the agreement of the companies, following relevant laws! If you think this can somehow be compared to forced nationalisation then you need your head examined.

      --
      Control is an illusion, order our comforting lie. From chaos, through chaos, into chaos we fly
    150. Re:So? by falconwolf · · Score: 1

      Fucking idiot president knows fuck all about the oil industry, and is making another spill far more likely just to make himself look less like a complete imbecile in this situation.

      A fucking oil company caused the problem and you blame the president? That is idiot.

      Falcon

    151. Re:So? by falconwolf · · Score: 1

      America has never recovered from Three Mile Island, not because of the physical effects of the disaster, but because of the regulatory effects.

      Why then is it government not markets throughout the world decide what nuclear power plants are build? The Nuclear Power Industry is Hooked on Subsidies.

      "How do France (and India, China and Russia) build cost-effective nuclear power plants? They don't. Governmental officials in those countries, not private investors, decide what is built. Nuclear power appeals to state planners, not market actors."

      Falcon

    152. Re:So? by shentino · · Score: 1

      That doesn't mean squat.

      This is a bona fide conflict of interest and the judge should have recused himself, no ifs ands or buts.

      The fact that he didn't will almost certainly be a point to be attacked on appeal.

    153. Re:So? by Eskarel · · Score: 1

      What due process? It's BP's well they are responsible for it and any damage that it does.

      If they were let down by people doing work for them (Haliburton for instance) then that's an issue they need to sort out on their own. If their subcontractors screwed up then can and should sue them and/or insist they pay their share of the damage. It doesn't in any way reduce their culpability, those people were acting on behalf of BP, their actions are BP's responsibility.

      If I employ a contractor to build something on my land and it falls down and hurts someone, I'm responsible for that injury. I may be able to recoup a large part of my losses by suing the contractor who built it, and if I can prove immediately that this is the case I may be able to transfer that blame, but it's my job to prove it was their fault, not the person who got hurt's fault to prove I was the one to blame.

    154. Re:So? by falconwolf · · Score: 1

      I agree with the judge and his reasoning, saying because this drilling platform blew up, doesn't mean all the other ones will all go up in flames by next Tuesday. How come he hasn't placed a moratorium on planes, cars, electric plants, buildings, even transport ships in the sea like the Exxon Valdez?.. they all blew up at once time or another and caused either environmental damage or loss of human life.

      Unlike planes and cars, oil spills can affect many people. Hell, the 911 WTC/Pentagon attack killed only about 3000. This oil spill will affect many more. And not just in the Gulf, but up the East Coast.

      Falcon

    155. Re:So? by LordLimecat · · Score: 4, Insightful

      would be perfectly happy to see the rigs gone, lest this get worse, or happen again

      Honest question: Why do people seem to accept this argument as valid for oil rigs, but using Chernobyl as a reason against nuclear is (generally, and rightfully) rejected as irrelevant and a piss poor argument?

    156. Re:So? by shentino · · Score: 1

      The mind, being an opaque area where thoughts are processed, does not avail itself to proofs that a potential conflict of interest did or did not sway a decision.

      Therefore, we don't take chances, and require these "maybes" to be taken as "no" to be on the safe side.

    157. Re:So? by shentino · · Score: 1

      Selective prosecution, however, IS illegal.

      Using dormant violations as leverage against someone is just not ok.

      This, by the way, is one of the reasons we have a statute of limitations.

    158. Re:So? by falconwolf · · Score: 1

      Deepwater Horizon was a series of mistakes with known causes, not a tail-end probabilistic event. Future deep-water drilling will likely be more carefully regulated.

      How can deep water drilling be better regulated if the cause of this spill isn't investigated? That is what Obama, whom I disagree with on many other things, is calling for. An investigation into the accident, which was not an accident.

      Falcon

    159. Re:So? by tompaulco · · Score: 1

      How many nuclear plants got shut down after Chernobyl and Three Mile Island?

      --
      If you are not allowed to question your government then the government has answered your question.
    160. Re:So? by falconwolf · · Score: 1

      At least until those regulations are repealed because they're stifling innovation in the free market...

      Not a free market but a corporate aristocracy. In a free market a business can not pass on external costs, such as this oil spill, off onto others.

      Falcon

    161. Re:So? by Anonymous Coward · · Score: 0

      BP pays quarterly dividends that sum up to $10 billion. Paying $20 billion over 3 years is going to be easy for them - just don't pay out dividends for two quarters out of the next twelve.

      If the preceding makes no sense to you take a basic finance class.

    162. Re:So? by AK+Marc · · Score: 1

      Was it Rush, Hannity, or Beck that gave you this load of crap?

      I didn't understand where all those were coming from. The people asserting that shutting down a well that's drilling creates a very high risk of oil spills. I was confused why they are continuing to drill long after they hit oil. I guess the answer is that there is zero chance of an oil spill from the 33 being shut down, but that you cap all holes, producing or not, and apparently capping a hole with no oil in it generates a 50% chance of a spill, but only if Obama requests it. If you hit oil and try to cap it, then it'll never leak, except for the one unusual occurrence with BP that was caused by Obama not personally inspecting the rigs for problems.

    163. Re:So? by AK+Marc · · Score: 1

      Worse than that, the Deepwater Horizon accident happened when they were capping the well, which is exactly what these 33 rigs have to do!

      If they've already hit oil, why are they still drilling? If they've hit oil, they've already capped it. If they haven't hit oil, then the chance of a spill is small (and by small, I mean zero).

    164. Re:So? by falconwolf · · Score: 1

      Finally, is stopping the rest of the platforms and companies in the Gulf, who have had zero accidents, at major impact to the already very shaky US economic and employment situations, going to reduce or eliminate damage from this Deep Horizon spill? Wouldn't having more resources nearby, at the very least, be worth considering? How about at least signing the waivers to allow foreign marine assistance in the cleanup?

      Zero accidents so far does not mean there will not be others. Unlike you and others I see no problem with investigating what happened before more wells are drilled to prevent it from happening again.

      Falcon

    165. Re:So? by AK+Marc · · Score: 1

      Theoretically, oil from this will drift east, head past Florida, then up the eastern seaboard, over to Europe, then back down past Africa. Saddam burning oil didn't spread like this. Even dumping it in their gulf didn't have the effect that a spill in our gulf would.

    166. Re:So? by falconwolf · · Score: 1

      It's forcing them to do something without due process or just compensation.

      And where's the due process and just compensation of those who have suffered because of BP? Where are those who suffered the Exxon Valdez spill? They are still waiting to be compensated that's where they are.

      Falcon

    167. Re:So? by largesnike · · Score: 1

      well...not exactly, several of the other big oil companies have been hauled in front of the US congress because it had been revealed that BP were far from alone in their lax (or non-existant) safety measures. So actually, it's like this: "at least half of all motorists fail to maintain their cars properly, so the Government recognising such a widespread lack of concern over human health have decided to ban the use of cars, until the situation can be made to improve."

      --
      "Laugh while you can a-monkey boy!" - Dr Emilio Lizardo
    168. Re:So? by Jeremi · · Score: 1

      Let me illustrate why this isnt a point. Our Sun is eventually going to kill all life on earth, therefore nuclear war will just speed up the inevitable.

      The Sun example is different, in that things that will happen in a billion years are indistinguishable from things that will never happen, as far as our society is concerned. Running low/out of oil and having to transition to something else, OTOH, is something we can reasonably expect to happen within our lifetimes. Given that, the point is that we'll definitely be making the transition away from oil soon enough in any case -- the only question is whether it's better to do it sooner, or later.

      These things happen naturally as well. There is a 100% chance that it will happen again without drilling.

      Is there really an example of a Deepwater Horizon-scale leak occurring naturally? From what I read, the natural oil emissions are in the form of 'seepage' which is not environmentally harmful because the oil is released very slowly.

      hmm.. I thought you were going to give a pros vs cons list. feh

      If you don't like my list, feel free to write up your own; I won't mind.

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    169. Re:So? by Anonymous Coward · · Score: 0

      Have you heard of "sarcasm"? That's what the parent was clearly employing.

    170. Re:So? by AK+Marc · · Score: 1

      he makes everyone cap their wells! Brilliant! Why don't we just go ahead and see if we can't get another spill going, why don't we?

      He makes drillers who haven't hit oil cap their wells. How do you spill oil when you've not even struck oil yet?

    171. Re:So? by cduffy · · Score: 1

      If we're going to do car analogies, let's try something a bit closer...

      You own an experimental nuclear-powered kit car. It explodes, killing ten people and spreading radiation across most of the state. The government says that no nuclear-powered kit cars are allowed, no matter how well maintained, until the root cause of the problem is understood and addressed.

      Should the cab fares of the people who own nuclear-powered kit cars be paid until the ban is relaxed?

    172. Re:So? by AK+Marc · · Score: 1

      You obviously don't understand the law. For one, BP said they were going to clean up the spill, even if over $ 75 million. For another, the cap doesn't apply if there were safety violations, and the first reports are that there were multiple known problems that would result in the cap being removed. And, there were no threats I've seen for it. There may have been hints, but no actual statements of "give us this money, or we'll do XXX to you."

      Additionally, BP is on the hook for every single private lawsuit, and the $75 million doesn't apply to those.

      I don't understand why you don't get it. BP is doing this of their own accord as PR, not that Exxon losing in court and then not paying anyone really had any effect on their profits.

    173. Re:So? by IICV · · Score: 1

      That sounds wonderful.

      Whenever someone brings up the fact that we really, really should have switched to primarily nuclear derived energy decades ago, someone else says that nobody can build a nuke plant because the insurance agencies are incapable of covering it - apparently, nobody has the cash reserves to clean up another Chernobyl.

      Maybe we're getting to the point where nobody can build a new oil well because the the insurance agencies won't cover it. After all, nobody has the cash reserves to clean up another Deepwater Horizon.

    174. Re:So? by falconwolf · · Score: 1

      I believe that BP should pay for everything but I question I question the viability of forcing BP to liquidate assets and set aside $20B - even big evil oil companies need operating revenue.

      Boohoo, poor old BP. Poor? HAHA!!! For the quarter ending 31 March 2010 British Petroleum had Gross Profits of $14.817 Billion. The previous quarter? $14.00 Billion, and the previous 2 $13.198 Billion and $12.457. The total profits, profits not revenue, for a year was $54.472 Billion. $100 Billion wouldn't take 2 years to pay.

      Falcon

    175. Re:So? by cpt+kangarooski · · Score: 1

      Honest question: Why do people seem to accept this argument as valid for oil rigs, but using Chernobyl as a reason against nuclear is (generally, and rightfully) rejected as irrelevant and a piss poor argument?

      In practice, I think you'll find that most people regard accidents like Three Mile Island or Chernobyl as good arguments against nuclear power; it may not pose immediate danger in most cases, but when things go wrong, as they inevitably and unpredictably do, from time to time, the results can be disastrous. Which is actually pretty much like the recent realization that oil rigs can also be quite dangerous to their surroundings. So I'd say you're begging the question, comparing the two, and then asserting that the one can't be justly criticized, with the unspoken outcome being that the other ought not to be as well.

      But, to answer your (non-)question, Chernobyl is certainly a good argument against reactors of that design. If we're to build more fission plants, then I'd like to see safer designs at least; passively safe, not just more light water reactors. And even then we're still left with a waste problem (especially when you remember that even parts of the reactor itself will be waste when the reactor is decommissioned and disassembled), which is basically inescapable and problematic, no matter what sort of reactor you've got. Frankly, there's good cause to think that nuclear power is generally not worth it. That's not to say that we should build a lot of coal plants, or anything, though. I think we could accomplish a lot by massively building renewable power generation, and by reducing generated power use (e.g. by mandating superinsulation, mandating that all structures that could at least in part have their hot water needs served by solar hot water heaters have them installed, with minimal exceptions for visible parts of historic buildings, urbanizing, de-suburbanizing, etc.). It might not be a comfortable transition, but we'll be better off abandoning our unsustainable, wasteful lifestyle for something stable and yet adequate.

      --
      -- This and all my posts are in the public domain. I am a lawyer. I am not your lawyer, and this is not legal advice.
    176. Re:So? by IICV · · Score: 1

      I'm just waiting for the day I hear someone say "we can't build any more oil rigs; no insurance will cover it, because they can't afford to clean up another Deepwater Horizon".

      I mean hey, it works for nuclear, doesn't it?

    177. Re:So? by falconwolf · · Score: 1

      it's my job to prove it was their fault, not the person who got hurt's fault to prove I was the one to blame.

      No, it is the accuser or plaintiff, the person hurt, to prove the person being sued is at fault. Now in your scenario you are responsible for proving you are not at fault but your contractor is.

      Falcon

    178. Re:So? by anagama · · Score: 1

      Dang. I spent my 15 mod points earlier today. Wish I'd saved one to mod you up -- if I could multiple-mod, I wish I'd saved all 15 to mod you way up.

      --
      What changed under Obama? Nothing Good
    179. Re:So? by blindseer · · Score: 1

      Don't forget that a log of British citizens stand to lose a large chunk of their retirement if BP goes belly up.

      There are roughly just as many shareholders in the USA as there are in the UK. Plenty of Americans stand to lose a large chunk of their retirement if BP goes tits up. They stopped calling themselves "British Petroleum" for a reason.

      --
      I am armed because I am free. I am free because I am armed.
    180. Re:So? by anagama · · Score: 1

      Wrong. This is more like a few companies are making fusion powered cars using techniques that are virtually untested in the real world. One car blows up, and destroys everything in a 100 mile radius. The government steps in and says to the other fusion car makers, "hold off a sec till we can evaluate whether you really know how to build these things safely."

      --
      What changed under Obama? Nothing Good
    181. Re:So? by AK+Marc · · Score: 1

      The rig, quite frankly, was not up to the level of industry standards at the time of the spill.

      I know more about the company that owns that rig than most, and they do take their rigs seriously. There were cuts in parts used in that one hole. It wasn't being operated by Transocean (though they had workers assigned to the rig, the engineers were BP and BP's contractor). The BOP was not in proper operating order. It was used anyway, when a replacement should have been ordered and brought out. Those had nothing to do with the state of the rig, but the "consumables" used on the rig and the decisions made by the engineers and managers on the rig and those on the shore aware of the issues.

    182. Re:So? by AK+Marc · · Score: 1

      The politicians were not given the money. Do we really have to educate every jackass who doesn't know what "escrow" means?

    183. Re:So? by falconwolf · · Score: 1

      the Supreme Court has been very friendly toward government asset seizures for generations.

      This Supreme Court is very friendly to corporations, it even ruled they have more rights than real people do when they ruled corporations can spend money on political candidates. If I am a stockholder of that corporation but I oppose the candidate too bad.

      Falcon

    184. Re:So? by oji-sama · · Score: 1

      Yeah, they have the word 'British' in there name, guess how much Britain has over the company? almost zero.

      Even better, they don't have 'British' in their name. Not after their merger with Amoco.

      --
      It is what it is.
    185. Re:So? by sumdumass · · Score: 1

      Do you know what "Due process" even is?

      It the legal process afforded to everyone else- the rules and procedures of which have been set by courts and the laws over the last I don't know how many years. Their Due process is exactly where BP's is, in the process and procedures already prescribes in law and tort.

      As for Just Compensation, I was actually using the term constitutionally in which when the government takes someone's property without "Due Process" or for use by the public, they are constitutionally required to justly compensate them for it.

      As for the victims of this spill, they have claim too, but you can't ignore the laws, constitution, and set procedures contrary to them just to satisfy your sense of empathy or anger. IF we did that, we could see things like a right to a fair trial or trial by a jury of our peers disappear just as easily when someone else finds the need convenient.

    186. Re:So? by falconwolf · · Score: 0, Offtopic

      The US government owns AIG, banks, GM, ad nauseam. It is already on the road to socialism if not communism.

      Come on, the government got shares in return for massive investment, and massive loans at under market interest rates, at the agreement of the companies, following relevant laws! If you think this can somehow be compared to forced nationalisation then you need your head examined.

      Come on, if you think communism and socialism excludes government investments and needs forced nationalization you are the one who needs their head examined. Even wealthy people supported communists. Armand Hammer, president and CEO of Occidental Petroleum, was a friend of Lenin's. The wiki article say he bragged he was a friend of both Lenin and Ronald Reagan. Throughout the years of the Cold War he could go to the Soviet Union whenever he felt like it. Che Guevara who was well known for his support of the and fighting in Cuban Revolution and communism came from a relatively wealthy Argentinean family.

      Falcon

    187. Re:So? by falconwolf · · Score: 1

      I understand getting people money faster instead of the 20 year Exxon-Valdeeze thing, but this seemed so close to coercion.

      How do you expect people to get money faster without an escrow account?

      And what this spill has done isn't coercion?

      Falcon

    188. Re:So? by riverat1 · · Score: 1

      More failures means more data points. That could help us zero in on the cause of failures in deep water drilling operations. (For the clueless that was sarcasm in support of the parent.)

    189. Re:So? by falconwolf · · Score: 1

      This accident was in no way caused by any sort of malicious behavior.

      BS!!! BP did whatever they could do to reduce costs.

      From day one BP waved that and said they would pay every dime of cleanup costs, and compensate every legitimate claim of loss caused by the spill.

      From day one BP has lied, lied, and lied again. First they said only about 1000 gallons were leaking a day. Then it was 5000 gallons. Now we know it's more than 10,000 barrels. They said the first attempt to cap the well wold work. But it didn't. Neither did the second or third. Then they hired security firms for the beaches and those guards kicked reporters, those trying to help the cleanup, and others off those beaches. Parish presidents in Alabama have consistently complained about stuff like this.

      They have definitely proven that their word is good

      No, they have proven they are a pack of liars.

      Falcon

    190. Re:So? by Cassius+Corodes · · Score: 1

      Even wealthy people supported communists. Armand Hammer, president and CEO of Occidental Petroleum, was a friend of Lenin's. The wiki article say he bragged he was a friend of both Lenin and Ronald Reagan. Throughout the years of the Cold War he could go to the Soviet Union whenever he felt like it. Che Guevara who was well known for his support of the and fighting in Cuban Revolution and communism came from a relatively wealthy Argentinean family.

      What does this have to do with the above?
      Are you saying that lenin did not do forced nationalisation or that the boards of AIG + co are communist sympathisers? Or is there there something I am missing here?

      communism and socialism excludes government investments and needs forced nationalization

      I would say when you start having forced nationalisation is a sign you have moved into commie territory.

      --
      Control is an illusion, order our comforting lie. From chaos, through chaos, into chaos we fly
    191. Re:So? by phantomfive · · Score: 1

      Well, look what we have here. Someone who thinks that will make a difference. We shall see, won't we?

      --
      Qxe4
    192. Re:So? by riverat1 · · Score: 1

      For the same reason we didn't have fortified cockpit doors before 9/11. They've been required by Israel since the 1970s and were proposed to the FAA in the 1990s but the industry said "Oh no! They'll cost us money and reduce our competitiveness. We can't have that."

    193. Re:So? by AK+Marc · · Score: 1

      So, are you stating that the government will violate the rules of the escrow? Because unless you are, I don't understand why you waste your breath speaking. Not to mention that $20 billion seems pretty small, comparing the size of this spill to the Valdez (which happened in relatively uninhabited Alaska, as opposed to the Gulf of Mexico, which has tens of millions of people, as opposed to tens of thousands in Alaska) and $20 billion, if that's all they pay, is a bargain.

    194. Re:So? by Cwix · · Score: 1

      Fuck em all, I dont want them drilling. Period. Fuck shallow water drilling, fuck dry land drilling. Take every single tax break and subsidy from the oil companies, and use it to build wind farms and solar panels. You know stuff that doesnt spill and cause billions of dollars worth of damage. Stuff that doesnt run out, and stuff that doesnt pollute.

      --
      You are entitled to your own opinions, not your own facts.
    195. Re:So? by XeroSine · · Score: 0

      As a self proclaimed expert in the field of economics, could you please post some of your credentials? But seriously, We DON'T know what it would do to the economy, its a fickle beast, and I would much rather NOT have to pay an extra 5 dollars at the gallon because The current numb-nuts in charge of our country want to sit in a chair and discuss "why did this happen what caused it", From what i can tell, and I'm no expert, the rig ignited, melted its supporting structure, fell down thousands of feet and crunched the line, and until we figure out how to make a rig thats invulnerable to a large thermonuclear warhead, I don't think we WILL know what to do. A good way to fix it? Remove all the bureaucrats, and let the engineers do what they do best,Fix the thing. In two more weeks the relief well drills will reach the point where they can permanently close it off(one is less than 3000 ft from hitting its intersect point, it takes about 10-12 days to spin that far, but don't take my word for it, its on BP's website), and i trust these engineers more than i trust any man/woman in Obama's administration. But this whole thing is about the same as Me not driving my other cars because one of them blew a pan gasket, and I'm afraid that because one blew they all will. Keep drilling, Sure, do a better check over the ones still running before you leave your house, but Business as usual. And before you say "OMG you don know anything about living in teh gulfs" LIKE HELL, I worked a shrimper in new orleans for 3 years, I know how much this is hurting businesses down there, the company I used to work for down there has packed up their boats with oil retrieval equipment and helped out with the leak as much as they can, BP is paying them for lost wages AND is also paying them 300 a day per person to do this, they know they made a mess down there and are doing everything they can to fix it, One bad apple doesn't mean the whole bushel is the same(unless your a politician). So remove The entire obama admin from it, all they are doing is putting undue stress on already tight wound engineers. To the engineers of the BP oil containment teams, fellow shrimpers of the gulf coast, and all who are trying to make the best of a bad situation, I Tip my rum to you. Cheers

    196. Re:So? by Anonymous Coward · · Score: 0

      They can always go home and screw up their own if they don't like the way the game is played here.

      Repeat after me: BP is half owned by Americans. There is no "own" for them to screw up.

    197. Re:So? by phantomfive · · Score: 1

      Indeed that is exactly what I am saying. Do you have any reason to believe they won't? The people who make the rules can remake them however they wish. They broke the standard rules of bankruptcy when they bailed out Chrysler and GM. Maybe they won't, but I would consider that a surprise.

      I'm not being partisan here, by the way, my statements would be little different if Republicans were in charge.

      --
      Qxe4
    198. Re:So? by Anonymous Coward · · Score: 4, Insightful

      Because after Chernobyl the design of still operating RBMK reactors (and in fact all reactors) was improved to the point that a repeat disaster should be near-impossible.

      But looking at the oil spill, we had the same problems in 1979 off the Gulf of Mexico. Since then the capability to respond to this type of problem hasn't improved. The pre-revised BP document shows they knew this. Same story in Alaska - oil pipelines are not being well maintained. That's a repeat of 1979 too.

      Nuclear industry has learned their lesson and moved on. Oil industry is still crossing their fingers that risk/reward will fall in their favor.

    199. Re:So? by BlueStrat · · Score: 1

      I see no problem with investigating what happened before more wells are drilled to prevent it from happening again.

      Well then, you can relax.

      The causes are *individual people* employed by *one* company on *one* of many operations by it and many other companies both foreign & domestic, broke regulations already in place and knowingly took unsafe shortcuts that were and are not typical or standard practice, and the rigs were all re-inspected shortly after the DH incident with this in mind and found to be well within compliance other than a small number of very minor violations, few affecting actual integrity of the drilling and well itself.

      So, without any evidence that a ban would do any actual good, and definite evidence that it will cause much harm, it would be illogical to enact. Remember, we can only halt drilling in waters the US controls and only that by US companies outside those limits, not all the foreign drilling by foreign-owned companies that will continue within range to cause damage with a spill/blowout.

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    200. Re:So? by Bitmanhome · · Score: 1

      I'm curious what you believe anyone learned from this disaster. The oil rig operators knew exactly what they were doing. The oil company knew what they were doing. Even the government was complicit in the whole thing.

      This incident is basically a crime. Nobody "learned" anything, they were simply caught.

      --
      Not that this wasn't entirely predictable.
    201. Re:So? by MartinSchou · · Score: 1

      Your car is poorly maintained and unroadworthy, and your brakes fail, causing you to crash into someone. The government says no one can drive any cars, no matter how well maintained, until the government changes its mind.

      No, not like that. They weren't trying to block oil wells on land for instance.

      It's more like this:
      Car A in seemingly perfect condition is parked in the background of a Presidential speech at Car A's production plant, with a family of four sitting inside it, watching.
      Car B looses control and rear ends Car A.
      Unfortunately, due to a design fault, the fuel tank is thrust forward and into the differential, where a number of bolts puncture the fuel tank, causing it to leak gasoline, that is then ignited by sparks from the impact.
      Now the ground is on fire, and all cameras turn to Car A.
      Car A also has another design flaw, in that low speed accidents from behind often results in the doors jamming, making it impossible to open them. After a minute or so of panicked pushing and shoving against the doors, the entire car is now engulfed in flames, and the cameras keep rolling as the family is slowly being burned alive.

      While the fire keeps on going, the press now hounds the President and government for not being able to stop the fire (with their minds or something). They whip up a killing mood in the public sitting at home, and they demand the president do something.
      One of the workers at the production plant points out, that the people in charge knew that this could happen.
      A quick tally by the press then shows that Car A's manufacturer has had almost 100 times as many egregious safety violations (work conditions and designs) as the second worst performing domestic producer.

      Now for some strange reason the President and government want to stop the sale and production of cars like Car A - not the use, production and sale of all cars.

      Granted, this analogy doesn't fit neatly into a single sentence, but that's because analogies are usually piss poor comparisons that leave out a lot of things.

      Essentially it's like saying that Jesus was like Adam Savage, because they could both walk on liquids.

    202. Re:So? by Anonymous Coward · · Score: 0

      I would say when you start having forced nationalisation is a sign you have moved into commie territory.

      Well call it "communism", call it "forced nationalization" or whatever boo-word you want to, I don't care. Obama should have the guts to seize BP's assets and distribute them among the thousands of people whose livelihood has been wrecked by this disaster.

    203. Re:So? by tsa · · Score: 1

      BP stands for British Petroleum. If BP was an American company Obama would probably already have taken it.

      --

      -- Cheers!

    204. Re:So? by Cassius+Corodes · · Score: 1

      I would hope he has the guts to follow the rule of law even when its not popular. If the courts decide that BP has to pay out then BP will be made to pay out, otherwise there is no point in having courts in the first place.

      If the courts fail to achieve justice then its an argument to reform the way courts operate rather than not following the rule of law.

      --
      Control is an illusion, order our comforting lie. From chaos, through chaos, into chaos we fly
    205. Re:So? by eugene+ts+wong · · Score: 1

      I'd like to add to your point. We don't consume the sun. Whether it disappears now or later is somewhat irrelevant. On the other hand, oil can be saved for a rainy day.

    206. Re:So? by AK+Marc · · Score: 1

      I'll write it down. If they do violate the rules of the escrow, then I'll count you right. However, I expect they'll not, and I'll put this down in my calendar as the day phantomfive proved his opinion is worthless and should never be listened to.

      And I never thought it partisan, I just thought it stupid. Those who rely on the rule of law to rule do not take abandonment of the rules lightly. They at least formally pass changes in the rules that exclude them for no good reason before they begin ignoring them so they can pretend that they follow the rule of law. I don't think a measly $20,000,000,000 will have them violate the appearance of rule of law.

    207. Re:So? by ffreeloader · · Score: 1

      especially when you consider 100 million has been put aside

      That's less than 1 months wages for the people put out of work. The early estimates for direct wages lost is $350 million/month. That doesn't count all the indirect jobs lost either. In 6 months this is likely to cause the loss of 10-20,000 jobs in Louisiana, and all those drilling rigs will be moved out of the area into other parts of the world. A 6 month moratorium will effectively kill all those wells for several years as the well-drilling rigs are custom built and take over a year each to build.

      Just what's needed for a region that's being killed economically already....

      --
      "while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." de Tocqueville
    208. Re:So? by ffreeloader · · Score: 1

      So they are saying "if you don't let me play I'm going to take my toys and go home"?

      Let's see. If you had equipment that each cost $350 million to build 9 years ago, and twice that to build now, you would just allow them to sit idle? Remember, the entire time they are idle you will still have to pay the upkeep on the equipment too, which is no small expense, and absorb the loss of business income. You'd also be laying off a lot your help, which would move out of the area to find work. So, when you restarted operation you would have to bring in people unfamiliar with your operation and rig, which is further cost to you....

      How long would you allow a billion dollars or so of equipment to sit idle after you had passed safety inspections? How long do you think you could afford to do that?

      --
      "while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." de Tocqueville
    209. Re:So? by locofungus · · Score: 1

      The event on the problematic rig was highly unlikely to happen, but when it did happen there was no way to recover. It's still leaking now - two months later. Claiming that lightning won't strike twice is not an intelligent response.

      Except that the way to recover was known from day one. And that is a relief well.

      The fundamental problem is that regulations allow the drilling of the relief wells to be postponed until after something has gone wrong. So it takes months to get things under control instead of weeks.

      Deep water drilling is very expensive. Oil companies are not going to drill holes that they expect never to use unless they are forced to by regulations.

      Tim.

      --
      God said, "div D = rho, div B = 0, curl E = -@B/@t, curl H = J + @D/@t," and there was light.
    210. Re:So? by thegarbz · · Score: 2, Informative
      Let me say that if 24 years from now (or longer) there is another deep sea drilling rig incident in the US Gulf Coast I will invite you out to dinner and formally apologise for being wrong with what I'm about to say.

      would be perfectly happy to see the rigs gone, lest this get worse, or happen again

      Honest question: Why do people seem to accept this argument as valid for oil rigs, but using Chernobyl as a reason against nuclear is (generally, and rightfully) rejected as irrelevant and a piss poor argument?

      How about the simple fact that all of this has happened 24 years ago. The government moratorium now proposed to shake up the industry is only 6 months. That is 6 months is all the regulators think is needed for an industry to get it's act together.

      The statement you're questioning is talking about current events. Clearly something has gone wrong with current technology in the industry as it is currently regulated. People have every right to want these things gone out of their water. 24 years from now things may look very different! The same applies here to the Nuclear industry.

      Would I support a really old Chernobyl style reactor being built anywhere in the world? Hell no! Since then reactors have been redesigned several times over. Some reactor designs like Pebble bed reactors are fail safe, i.e. will not suffer thermal runaway in a self sustained reaction, and thus will not melt down even without the presence of an active safety system. Other modern reactor designs such as CANada Deuterium Uranium or CANDU reactors are also inherently safer, and not only produce little and far less radioactive waste, but it can also use existing radioactive waste as a feedstock.

      This is a sign of an industry that has for 24 years been trying to appease the world and rid itself of the past reputation as unsafe and deadly. It is time to embrace the changes that are there for the taking, and not get caught up with a past which does not at all reflect the nature of the present.

      If we applied the line of thinking that if a part of an industry is even remotely dangerous we'd have no chemical industry left. The Bhopal incident killed 10000 people and injured 200000 (yes two hundred thousand), yet that didn't cause a cease in production of methyl iso-cyanate (an intermediary in a lot of chemical processes). The process industry especially is defined by not repeating a past mistake. I wonder what it will look like in the next 24 years to come.

      As an aside one of the local refineries in my city in the last 25 years has gone from having a small standard process distributed control system to installing a brand new distributed control system along with an independent SIL3 rated emergency shutdown system, and from a control room made of asbestos with windows pointing directly into the process area 5m away to a completely blast proof bunker. Things change.

    211. Re:So? by wisdom_brewing · · Score: 1

      I would say when you start having forced nationalisation is a sign you have moved into commie territory.

      I wouldn't say "commie" - more a lack of stable, consistent legal and ownership system... communism never really existed, other than as a principle. what the USSR was, was predominantly extreme socialism with a hint of dictatorship (either an individual or a board of dictators if you will...).

      the retroactive law changes that are taking place in "democratic" nations these days are really starting to worry me...

    212. Re:So? by terryducks · · Score: 1

      It just seems illogical to me that they would risk what just happened again or even worse?

      The cynic in me says; Haven't been paying attention the past few years, eh? Privatize profits, socialize risk/debts. The number one rule in Corporations (sociopaths) is to make money.

    213. Re:So? by Anonymusing · · Score: 1

      10,000 to 20,000 jobs lost? In 6 months? Please explain how.

      --
      Liberal? Conservative? Compare perspectives at Left-Right
    214. Re:So? by Eskarel · · Score: 1

      Yes, they have to prove that the thing which fell was in my yard and that that's what injured them, they don't have to prove that it's my fault that it fell(they might have to prove that it's not their fault that it fell).

      The point is that the relationship between me and the contractor is my relationship, not the relationship of the person who is suing me. The fact that they didn't do their job is not their problem, it's mine since I'm the one who had an arrangement with them.

    215. Re:So? by Anonymous Coward · · Score: 0

      Sure sounds like a thuggish shakedown to me. "Nice company you got there...it'd be a shame if something happened to it."

      Doing that openly is actually what civilized countries call responsible government.

      BP admitted to the leak, they contracted for it, they own it, they were to profit from it. There is absolutely zero question about guilt here.

      I very much expect the government to exert maximum legal pressure if a company drills a hole 5000 feet underwater from which oil is gushing out at 10,000+ times atmospheric pressure, and which oil leak is causing hundreds of billions of dollars economic damage.

      (In fact I expect the government to do more than that: if the company does not act then physical force should be used to protect the country. (first the police then the military))

      I suspect you got too used to the ways of the Bush years: "Nice company you got there. It'd be a shame if something happened to it. Here are the GOP campaign financing account numbers. Here is a list of close GOP relatives to employ as 'consultants'. Here's a list of GOP 'think tanks' to support. Thank you."

    216. Re:So? by Anonymous Coward · · Score: 0

      People in the Gulf Coast oil industry earn money and spend it on tourism and fishing too.

      The net effect of suspending deepwater drilling will also hurt the tourism and fishing industry.

    217. Re:So? by BlueParrot · · Score: 3, Insightful

      Honest question: Why do people seem to accept this argument as valid for oil rigs, but using Chernobyl as a reason against nuclear is (generally, and rightfully) rejected as irrelevant and a piss poor argument?

      If western nuclear plants were built the same way Chernobyl was built then I WOULD be up in arms about it, and I'm one of the strongest Nuclear supporters you would find.

      Likewise, if all the other oil rigs had relief wells drilled in advance, then I'd have no problem with them continuing operating.

      The difference between the two situations is that with Chernobyl we have made damn sure all nuclear plants we build have the safety features needed to prevent a similar disaster. With the oil rigs, the same is not true. Many of them still lack safety features (pre-drilled relief wells ) that are considered standard in many parts of the world.

    218. Re:So? by Jawnn · · Score: 1

      "Likely" be more regulated? That there should even be any discussion on the matter, much less serious disagreement from any quarter, is indicative of a level of irresponsibility that arguably exceeds that which preceded this event. Now, everyone can plainly see that such an event not can happen, but also it's already disastrous sequelae.

      Not a "probabilistic event"? There is no other word but stupid for the notion that large scale operations of untested techniques and equipment, in a harsh environment (difficult to work in under the best conditions), by entities with a significant motive to minimize expenses and maximize profit (by cutting corners wherever they could) would not, at some point, lead to exactly what has happened in the Gulf of Mexico. I am sincerely dumbfounded at seeing anyone seriously suggest otherwise.

    219. Re:So? by RockDoctor · · Score: 1

      BP should pay for their mistakes, but they shouldn't have to pay workers not to work due to a government decision.

      This one I can see running and running. Like "The Mousetrap", but in a long-drawn out form. Lawyers yet unconceived will be retiring on the profits of this.

      --
      Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"
    220. Re:So? by kmac06 · · Score: 1

      I very much expect the government to exert maximum legal pressure...

      Certainly, so do I. But this was not legal pressure. There was no law saying BP had to do this, or would have to do something like it. I believe in the rule of law, not the rule of man. If you do as well, you should condemn this. If you don't, then you believe in mob rule, not a Constitutional republic.

    221. Re:So? by stewbacca · · Score: 1

      I think you make a good point, but percentage of the overall economy is not really an important consideration. 330 million dollars a month in lost wages (the figure I heard on NPR) is nothing to dismiss, just because it is only 1/100th of something.

    222. Re:So? by Skater · · Score: 1

      Well, lets look at this in contrast. suspected defects, nope, from the start we had rig workers who survived the initial fire talking about taking shortcuts and damaging equipment (in the test that ruptured/tore the BOP seal because a crane operator touched a control). So there is no suspected defects here.

      Really? What about the equipment that was supposed to fail safe and stop the leak? Clearly the safety equipment is very defective.

    223. Re:So? by FastEddie8 · · Score: 1

      So they are saying "if you don't let me play I'm going to take my toys and go home"?

      Yes they are. These rigs aren't made with chump change, and there are bankers and investors who invested in the company that built those rigs (and banks expecting regular payments) for the millions those rigs cost to build. They aren't going to wait around for a moratorium to expire, only to have it possibly extended time and again. They need to pay the bank, and their employees.

      And during those 6 months, what do they tell the banker? If there's money to be made in the gulf, then they need to get started. If there isn't, they move that rig to another location and try again. Waiting 6 months isn't even a question. Those things will go to whatever company wherever they can be used in the world ASAP.

      Get a grip on reality.

    224. Re:So? by Sir_Lewk · · Score: 1

      Go Woooosh yourself.

      --
      "linux is just DOS with a UNIX like syntax" -- Galactic Dominator (944134)
    225. Re:So? by Anonymusing · · Score: 1

      Actually I'd be happy to bill it to BP. What's another $330 million on top of $20 billion?

      --
      Liberal? Conservative? Compare perspectives at Left-Right
    226. Re:So? by WhiplashII · · Score: 1

      Well, Analogies are really more fun than helpful - but by your own admission the governments response to an accident by the company with the worst safety record was to punish everyone, even the ones with the best safety record. Maybe that has merit, but it does raise the bar somewhat.

      --
      while (sig==sig) sig=!sig;
    227. Re:So? by Jesus_666 · · Score: 1

      But this oil spill is not some kind of unprecedented event that we don't know how to deal with. This all happened some 30 years ago in virtually identical fashion. There even was the same company involved (the involved company was Sedco, which later merged with Transocean).

      Of course everyone acts like it never happened before.

      --
      USE HOT GRITS WITH STATUE OF NATALIE PORTMAN (NAKED AND PETRIFIED)
    228. Re:So? by Chris+Burke · · Score: 3, Insightful

      Because many years after Chernobyl, it is clear that it was a uniquely horrible reactor and beyond idiotic test procedure that lead to the accident, and that technology has developed to the point where none of its failings are in any way relevant.

      In contrast, every rig in the gulf is using the same safety technology that failed at Deepwater Horizon, and many were certified by the same corrupt regulators who gave Deepwater Horizon a clean bill of health despite failing and deliberately disabled safety equipment. There is absolutely no reason to believe that this rig is unique or exceptional, other than that it is the one where the chickens came home to roost.

      Chernobyl was an outstanding argument to stop construction of Chernobyl-style reactors (obviously), and to reconsider regulation of reactors (particularly in Russia) to make sure nothing as stupid as the disaster-causing test would be allowed.

      Similarly, if in twenty years it's clear that the Deepwater rig was unique, and technology has moved beyond the current state of the art to a regime of "inherent safety" like nuclear, then Deepwater will no longer be a good argument to stop drilling.

      In short, the difference is context.

      --

      The enemies of Democracy are
    229. Re:So? by Golddess · · Score: 1

      Shut them down before they did anything wrong? Or not let them start up because a new unforeseen problem cropped up that needs reviewing to ensure the proper regulation of the industry? Contrary to what you appear to believe, these companies cannot just go wherever they want and start drilling. There are regulations that must be followed to ensure the proper functioning of these rigs.

      Now maybe the order to stop the exploratory drilling came down in the wrong manner, but that's not my point. My point is simply that there are perfectly valid reasons to issue such an order.

      --
      "I'm not sure I like the fugnutish tone you used in your post!" -RogL (608926)-
    230. Re:So? by cayenne8 · · Score: 1
      "Do you think that six months of wait on 1/100th of the Gulf wells will destroy the economy?"

      Yes, it is already having a HUGE impact on the economy of the gulf coast...

      Not to mention, that the oil companies are already moving these rigs (which have already been built and ready to go) to waters off of other countries. They aren't going to just move them back either, so, these are permanent losses.

      Also, why penalize ALL oil companies, that have better safety records?

      I don't think this is a moratorium by the current administration...it is a step to a death sentence to the oil industry in the US at least.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    231. Re:So? by nopainogain · · Score: 1

      see, while conclusively there is not evidence to say it will happen again, the pattern can be predicted if the pattern of using lax regulation standards and circumventing safety measures were mimicked (no waaay, no billion dollar companies do thaaattt!), then it most likely WILL happen again.

    232. Re:So? by mdm-adph · · Score: 1

      Sounds like your nuclear power plants in the navy had a heavy dose of Socialism.

      In the Free Market(TM) world of oil drilling, there's no so much oversight, even when looking for a worst-case scenario.

      --
      It is by my will alone my thoughts acquire motion; it is by the juice of the coffee bean that the thoughts acquire speed
    233. Re:So? by V+for+Vendetta · · Score: 1

      Airlines have no problems with grounding all their planes of that type and replace suspicious parts right away, if a plane has crashed and that part might have been the cause of the crash. They do it on a "Better safe than sorry" basis, which still seems a very reasonable policy to me. They don't wait the months or sometimes years until the complete final report has been released.

    234. Re:So? by cayenne8 · · Score: 1
      "Fuck em all, I dont want them drilling. Period. Fuck shallow water drilling, fuck dry land drilling. Take every single tax break and subsidy from the oil companies, and use it to build wind farms and solar panels. You know stuff that doesnt spill and cause billions of dollars worth of damage. Stuff that doesnt run out, and stuff that doesnt pollute."

      Hmm, well, you might then need to start looking for replacements for other things that oil brings us.

      No more plastics, fertilizers, just to name a couple.

      Oil consumption for energy (gas, etc) is actually a pretty small fraction of what products come from oil. Solar and wind aren't gonna help you with all the important chemicals we derive from oil production.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    235. Re:So? by hierofalcon · · Score: 1

      For some parts of the country, that is a valid option. Switching to electric vehicles will reduce our dependence on oil as the battery technology slowly evolves.

      But for large swaths of the country, oil is required for transportation and will be for the foreseeable future. Jets are not going to fly on electricity any time soon. Most long haul trains won't either although short haul might be a different story. 18-wheelers won't convert in any short time frame - the weight/power/speed ratio just isn't there. Much of the Midwest and West will only change when battery technology gets drastically better. The distances between towns is large and the population density in most towns makes transit systems impractical. Temperature drops in winter also cause problems.

      They just added a wind farm outside of our town, but the biggest technical problem that wind faces is moving the power from its point of generation to where it is needed. Nobody wants lots of transmission lines in their back yard either. As more and more cars are converted to electricity, the distribution and generation of power are going to lead to some really tough choices that nobody has really even begun to think about yet - including you. You're trading a clean city for a dirty power plant. Solar panel production and disposal when they break also has some environmental concerns. TANSTASFL.

    236. Re:So? by Anonymous Coward · · Score: 0

      Fuck your rule of law. When did the USA ever give a fuck about law? Raping and stealing people's land is clearly against the law, but the USA has been doing this throughout history. FUCK YOU AND YOUR FUCKING LAWS!

    237. Re:So? by Chowderbags · · Score: 2, Interesting

      Money. It costs lots of money to have safety. The Navy doesn't need to make money, so it does things right. The oil companies want to make money, so they cut corners and play with the actuarial tables until the occasional spill just becomes the cost of doing business. Of course, since they've lobbied to have damages from oil spills capped to a pittance and they've controlled the people in charge of inspecting what safety they had, there was very little reason to be extra safe. That seems like the kind of thing worth changing.

    238. Re:So? by JustABlitheringIdiot · · Score: 1

      It shouldn't, but I'm sure they'll use that as an excuse to jack up the price of gas.

      Unfortunately the supply has very little to do with the price of gas or oil in general. It is controlled almost exclusively by speculation. If they want to use it to raise the price I suppose they could buy a bunch of shares (is that the right term for commodities?) and drive the price up. Or they could say "Oh noes we cant fill ur orderz" and the speculators will buy up and the price will sky rocket.

      Anyway long ramble short, no one group can decide to raise the prices independently.

    239. Re:So? by JTsyo · · Score: 1

      The other issue is that, they already having trouble containing the oil from Deepwater. If there was another leak too in the area it would completely overwhelm all the cleanup efforts.

    240. Re:So? by mea37 · · Score: 1

      Oversight doesn't have to be better-than-iffy if the decision-makers know they're personally accountable for the natural consequences of their actions after the fact. The mistakes at Deepwater Horizon were possible because, as far as anyone can credibly foresee, nobody will go to jail for the 11 deaths (among other things).

      I think a major revision to drilling policy - either in terms of cutting off deep-water drilling or in terms of opening up shallow-water drilling - would be an extremely poor response to this disaster. So in principle I agree with a lot of what you're saying; but I do not agree with the notion that another disaster like this one is unavoidable regardless of the rules.

      Yes, there is always risk. No, you can't chalk the direct consequences of negligent decision-making up to "these things are always going to happen".

    241. Re:So? by JeffAtl · · Score: 1

      The same thing applies to labor unions as well. They are free to spend money on political candidates even though its members may be very much opposed.

      I don't think that either should be allowed to contribute, but if unions are allowed, then corporations should too.

    242. Re:So? by SleazyRidr · · Score: 1

      The thing about the Gulf of Mexico is that it's deep, and to drill wells that deep you need some hardcore machinery. Of course they're still capable of drilling in more shallow water, but then they're competing against smaller vessels that are designed for water that shallow. If they want the big bucks they're used to, they'll need to either come back to the GoM or find somewhere else where the water is that deep.

    243. Re:So? by phantomfive · · Score: 1

      lol wow, someone has the bitch claws out. You shouldn't listen to my opinion anyway, you should pay attention to facts; that's what it means to be scientific. In this case, the facts are there is precedent for politicians violating laws and agreements when it is convenient. Look at what happened recently in Europe: the EU violated the treaties and laws created when the euro was created that prohibited that sort of thing.

      You do have a point about one thing, $20billion really isn't that much these days when we can just print money for whatever we need, but still, don't under-estimate the creativity of politicians who smell money.

      --
      Qxe4
    244. Re:So? by ffreeloader · · Score: 1

      The jobs lost in drilling will create a ripple effect through Louisiana's economy. Take $2.1 billion out of a local economy in 6 months and it severely affects lots of other local businesses. Plus, not only does present drilling stop it most likely stops all oil exploration too, because who knows if the drilling will start up again. So, in the Louisiana ports 2/3's of the oil-related business is gone. With a low ball estimate of $1 billion in lost wages due to loss of exploration jobs, you've now taken more than $3 billion out of southern Louisiana's economy. That's going to have a major effect on all other parts of the economy as business is going to dry up for a lot of seemingly unrelated business where all those oil workers spent their money. That's going to cause those businesses to lay off employees who will have to stop spending money too. It's a vicious circle that just keeps on growing and widening in its effects.

      This effect is compounded because of the effects of the spill on the economy there. No fishing, no drilling, no oil exploration, no shrimping. And you can't see a vast loss of jobs when that's the majority of the economy down there? Businesses that were just barely hanging on will be devastated losing these two revenue streams on top of what's already been lost.

      --
      "while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." de Tocqueville
    245. Re:So? by Cwix · · Score: 1

      If we stopped using oil as fuel, then the strategic oil reserve ought to provide plenty of those necessary chemicals for quite some time.

      --
      You are entitled to your own opinions, not your own facts.
    246. Re:So? by Cwix · · Score: 1

      Your absolutely right, we cant just go cold turkey on oil (It is an addiction). We know its an addiction though, we know there are dangerous consequences for using the oil as much as we do and in the ways we do. Now is the time to start to switch.

      --
      You are entitled to your own opinions, not your own facts.
    247. Re:So? by Casualposter · · Score: 1

      The goal of the Navy is to NOT have a sub lost due to a nuclear accident.

      The goal of the OIL company is to make as much money as possible while pushing as much of the cost and risk to other people.

      This spill is a consequence of corporate valuation in monetary units as the sole reason for corporate existence.

      --
      Creative Spelling Copyright (2002). May use without Persimmons
    248. Re:So? by Anonymusing · · Score: 1

      You're making an enormous number of assumptions. You might be right, but it's unlikely.

      "who knows if the drilling will start up again" -- oh please. You KNOW it will start up again. Too much money at stake. You're not one of those people who says BP owns Obama because of some campaign contributions, are you? If so, this is an interesting paradox.

      "$2.1 billion" -- wait, I thought it was $330 million (according to NPR). Where's the source of $2.1 billion out of the economy from 33 wells?

      "So, in the Louisiana ports 2/3's of the oil-related business is gone. With a low ball estimate of $1 billion in lost wages due to loss of exploration jobs, you've now taken more than $3 billion out of southern Louisiana's economy" -- no, if 2/3rds of business equals $1 billion, then 3/3rds of business equals $1.5 billion. Regardless of the math, why not bill it to BP?

      "No fishing, no drilling, no oil exploration, no shrimping. And you can't see a vast loss of jobs when that's the majority of the economy down there? Businesses that were just barely hanging on will be devastated losing these two revenue streams on top of what's already been lost." -- OF COURSE there is a vast loss of jobs, especially in fishing, shrimping, and tourism, thanks to the BP oil spill (not the moratorium). We're NOT TALKING ABOUT THAT. We're talking about 33 deep well exploration projects on hold -- and it sounds like you're blaming every single negative economic outcome of the BP oil spill on the moratorium.

      --
      Liberal? Conservative? Compare perspectives at Left-Right
    249. Re:So? by ciphertext · · Score: 1

      Only if you assumed that the safety equipment was installed correctly. Blow out "preventers" only work when installed correctly. That also assumes the safety equipment wasn't damaged to a point that it could no longer function.

      --
      To know is to have knowledge....to understand is to be enlightened.
    250. Re:So? by Anonymous Coward · · Score: 0

      Well they have procedures and equipment in place to prevent things like this... Unfortunately they ignored every sign that something was wrong (IE: extra gas and large pieces of the blowout preventer rubber seal coming up the pipe). All the fail-safes in the world won't fix incompetence, unless of course they're totally computer/robot controlled with ZERO human interaction, but that brings up a whole other issue (Skynet?)

    251. Re:So? by operagost · · Score: 1
      George Soros owns part of Petrobras, the Brazilian state-owned oil company. Within 48 hours of Obama's moratorium, Petrobras was contacting Laborde Marine to lease its exploratory rigs. No conflict of interest here, no sir...

      On a side note, can anyone tell me what a six-month moratorium would achieve? What's the next step? Is there a crack team of engineers looking into a way of keeping this from happening again? I don't see any, since this was a problem in the process. The technology is sound, but people cut corners. News flash: there are crooked and lazy people in the world. We don't shut down entire airlines when one of their planes crashes, and we can't stop exploratory drilling entirely because of one accident. Tens of thousands will lose their jobs, making Biden's glowing job creation numbers (which are just census jobs) look pathetic.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    252. Re:So? by operagost · · Score: 1

      We already know what went wrong-- corners were cut on the safety devices. This will cost thousands of jobs and send exploratory drilling overseas. The progressives will get the "green economy".

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    253. Re:So? by Impy+the+Impiuos+Imp · · Score: 1

      Actually, to continue your contrived example, at this point, the population says, "Wait a minute!" and Obama backs down from banning driving.

      Rule number 1 of politics: You must only beat up on small groups, be they businessmen or some small religion or sect or smokers (took 30 years to get there) and so on.

      --
      (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
    254. Re:So? by Impy+the+Impiuos+Imp · · Score: 1

      Speaking of small groups, something like 80% of people on the Gulf do not want draconian attacks on BP or the oil industry. It's their living, too. The judge in question could be responding to local pressure much more than the "conflict of interest" with the oil stocks.

      If anything, the stocks will go up in a little bit thanks to uncertainty driving gas price increases.

      --
      (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
    255. Re:So? by DriedClexler · · Score: 1

      I believe gyrogeerloose's point was that the mere fact of the judge's ownership of stock in oil companies is not particularly informative, because it could be explained -- as it is for a HUGE portion of the population -- by ownership in a general large-cap stock index.

      The oil stocks would only make up 15% of that *portion* of the person's general portfolio, and would have to be compared to stocks in the index (and rest of one's portfolio) that would potentially be *hurt* by more drilling.

      It's unlikely someone's going to go to tremendous effort to show favoritism toward ~2% of their general portfolio and disfavoritism toward 1-2%.

      The point is, we have to know what *fraction* of the judge's wealth is in oil stocks, otherwise judges couldn't even own a typical equity index. (Though I admit, they should probably be restricted to holding a blind trust in which they don't know they investments beyond general characteristics.) How much of the judge's wealth is in bonds, which would benefit from an economic downturn due to an oil shock?

      --
      Information theory is life. The rest is just the KL divergence.
    256. Re:So? by Anonymous Coward · · Score: 0

      Honest question: Why do people seem to accept this argument as valid for oil rigs, but using Chernobyl as a reason against nuclear is (generally, and rightfully) rejected as irrelevant and a piss poor argument?

      Because those are two entirely separate situations. Chernobyl happened in a different country, at a time in Soviet Union when they were having trouble feeding their people, let alone take care of their reactors. The standards they had in those plants were atrocious even by standards we had at the time.

      This oil disaster happening today is from a rig that PASSED inspection. It is one of many other similar rigs with similar standards and technology which also passed inspection.

      I agree with you on Chernobyl but comparing arguments against it as apples to apples with the oil disaster today just seems invalid.

    257. Re:So? by zkp · · Score: 1

      If you look at the judicial watch report, it is clear that the judge (or close family members) had many more investments. So it seems that not too much of the judge's livelihood depended on the oil investments. Still though, you would hope that the judges personal holdings didn't influence the judge's decision in any way.

    258. Re:So? by Chowderbags · · Score: 1

      You make it sound like BP is some innocent weakling just minding their own business. They spilled a shit ton of oil and put a lot of people out of business and could lead to massive economic problems, and it will only get worse if those affected have to wait 5,10, or 15 years for some pittance of a settlement (like what happened with Exxon Valdez). Put in that sort of context, it's perfectly reasonable to want a some assurances that those folks will get paid in a timely and fair fashion.

    259. Re:So? by commodore64_love · · Score: 1

      The one question nobody has asked in this whole thread:

      - Where did the U.S. Constitution give authority to suspend an industry like this?

      It isn't the executive branch. It's the legislative branch. Obama exercised a power that he was never given. Perhaps in time of declared war the president could claim extra emergency powers, but not in a time of peace. A suspension on deep-water drilling can only be done by the U.S. Congress via passage of a law.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    260. Re:So? by Omestes · · Score: 1

      America has never recovered from Three Mile Island, not because of the physical effects of the disaster, but because of the regulatory effects.

      One difference though, most Americans are on a "nukes = evil" kick, and Three Mile Island cemented this and allowed a stronger regulatory atmosphere. This strong regulation was never really questioned since Americans still think that nuclear power is evil. So the regulation regime is in line with public opinion, and is reinforced by public opinion.

      Oil, even after Deepwater, doesn't have the public stigma that nuclear power has, thus there is less of a threat for Deepwater being the Three Mile Island of oil. Yes, there are tons of people who think we should ween ourselves off of oil, or think that oil is the least optimal fuel, but these attitudes are very different from the attitudes of the anti-nuclear crowd (oil = dirty, nuclear = instant death for everyone everywhere).

      To drag in a bit of realpolitik; oil has another thing going for it, it has much more power than than nuclear (har har) politically. Oil companies own a decent share of our government, and with both parties being largely shills for industry (and both parties being particularly in bed with oil), there is little chance of meaningful regulation, much less heavy handed over-regulation. Unless of course your in the all-regulation-is-evil fringe group, of course.

      As things stand right now, with Deepwater, and the moratorium (if it is appealed), drilling will continue almost exactly like it has in the period of a year. Our politicians don't care, and our voters are apathetic rubes that will lead any catchy sound-bite produced by a pundit. All it will take to reverse any regulation is a few choice words by Obama and Limbaugh. Sad but true.

      Very sad, but probably very true.

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
    261. Re:So? by Omestes · · Score: 1

      what the USSR was, was predominantly extreme socialism with a hint of dictatorship (either an individual or a board of dictators if you will...).

      I would say it was an extreme dictatorship, with a hint of socialism. Though the socialism aspect of it pretty much quickly dried up when it realized that the government controlling all the resources was very good for the government and its cronies, where upon it became a kleptocracy.

      Socialism doesn't really define it.

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
    262. Re:So? by avtchillsboro · · Score: 1

      Did you read the judge's ruling?--that the moratorium's documentation was incomplete, & it's reasoning arbitrary & capricious?!?

      Additionally, that the administration added the moratorium language AFTER it was signed by the experts,
      to give the impression that the experts approved the moratorium--which they are now saying is false!

      How do you figure the Obama Administration is NOT engaged in fraud & extortion?

    263. Re:So? by Anonymous Coward · · Score: 0

      Rigs that drill at that depth don't grow on tress and the ones which were in the gulf are now on their way to ......... BRAZIL!

      See someone else's post for the Soros connection.

      You can claim this is about safety. You can claim this is only a 'pause'. You can claim golden haired monkeys fly out of Dear Leader's ass.

      Doesn't make it true.

    264. Re:So? by falconwolf · · Score: 1

      The causes are *individual people* employed by *one* company on *one* of many operations by it and many other companies both foreign & domestic, broke regulations already in place and knowingly took unsafe shortcuts that were and are not typical or standard practice, and the rigs were all re-inspected shortly after the DH incident with this in mind and found to be well within compliance other than a small number of very minor violations, few affecting actual integrity of the drilling and well itself.

      WOW! you've solved what scientists and experts have been investigating for weeks. Perhaps they need you to teach them since they are so slow.

      Falcon

    265. Re:So? by falconwolf · · Score: 1

      BP stands for British Petroleum. If BP was an American company Obama would probably already have taken it.

      So? BP still owns property and holds drilling concessions in the US. The US can take those.

      Falcon

    266. Re:So? by DriedClexler · · Score: 1

      You're not alone in suggesting that, but that seems like a strange mentality that's taking hold.

      I work as an aerospace engineer. Let's say stringent new rules about aviation go in force because of some disaster or environmental concern, reducing demand for my skillset.

      I can haz compensation for lower salary? Remember, it's not *my* fault for whatever caused those rules to be implemented.

      Why do people seem to think they have a right to do exactly what they're doing right now, for the same wage, for as long as they want, demand be damned? (Hey, neat anagram.)

      --
      Information theory is life. The rest is just the KL divergence.
    267. Re:So? by falconwolf · · Score: 1

      Yes, they have to prove that the thing which fell was in my yard and that that's what injured them, they don't have to prove that it's my fault that it fell(they might have to prove that it's not their fault that it fell).

      Actually they don't have to prove it's not their fault, depending on what state you're in. About 10 years ago I found that out. In the middle of the night, well after midnight, I saw that we had a visitor. A friend of my nephew rode her bike to my sister's home, where I had my own apartment. In daylight I asked my sister about the bike I saw outside. She ended up calling the girl's parents about it, she told me that if she did not and the girl had an accident when coming over again my sister could be sued. What is this shit? Being responsible for another parent' kids when they don't have control themselves?

      The point is that the relationship between me and the contractor is my relationship, not the relationship of the person who is suing me. The fact that they didn't do their job is not their problem, it's mine since I'm the one who had an arrangement with them.

      That may be true but you may be able to sue or charge them with trespass. Unless of course the laws are screwed up there too, as if a property owner has to have Israel build a wall around the property to avoid being sued. That is if the local government or property association doesn't sue you for building the wall.

      Falcon

    268. Re:So? by tonekids · · Score: 1

      Welcome to my favorites list :-)

    269. Re:So? by DriedClexler · · Score: 1

      Er, cancel that. If you look at the PDF disclosure form, it sure ain't from owning mutual funds. He holds a lot of stock in energy and drilling companies, though it's hard to compute the relative value of them compared to his entire portfolio because it only lists value codes (e.g. between 15k and 50k), but there are a lot of them.

      --
      Information theory is life. The rest is just the KL divergence.
    270. Re:So? by suppo · · Score: 1

      I'm amazed, well not actually since this is /.

          1. Supply DOES have a lot to do with price (supply/demand curve from basic economics). Read further for a clear example.

          2. Speculators do NOT drive price, they facilitate the market (for every buyer/seller, there has to be a corresponding seller/buyer at the agreed on price, or the transaction won't occur).

          3. "A bunch of shares" has nothing to do with commodity trading (shares are ownership of a corporation's stock; commodity contracts are a promise to buy or sell something "the Commodity" at a future date).

          4. "speculators will buy up and the price will sky rocket" contradicts "no one group can decide to raise the prices independently" .

      Search "1973 oil embargo" for a counter example of one group which was certainly able to raise oil prices independently. Hint: the successful group was NOT speculators, but rather the ones providing the supply. Additional credit for those recognizing that the market worked as the price eventually came down as both the cartel broke down and other non-cartel producers increased the supply of oil.

      --
      NON-geek Linux user since 1998
    271. Re:So? by falconwolf · · Score: 1

      The same thing applies to labor unions as well. They are free to spend money on political candidates even though its members may be very much opposed.

      I don't think that either should be allowed to contribute, but if unions are allowed, then corporations should too.

      None of them should be allowed. Neither should groups like the AAA. I've been a member of the AAA for years but I hate that they campaign against raising fuel economy standards.

      On the other hand I will not support the ACLU period. To it, while most of the rights in the Bill of Rights are individual rights, the second amendment's right to bare arms is not. They, the ACLU, says there are other organizations that defend the right to bare arms, well there are other organizations that support all the rights the ACLU does defend too, and I'll support them first. Such as the EFF.

    272. Re:So? by BlueStrat · · Score: 1

      WOW! you've solved what scientists and experts have been investigating for weeks. Perhaps they need you to teach them since they are so slow.

      No, *I* didn't "solve" anything, I simply listen to what the actual facts are from a number of different news and science sources instead of getting my "information" from partisan political sources.

      Since you're now down to attacking the messenger without being able to actually refute any of the facts or logical arguments I've presented in any of my replies, you're obviously now running on nothing but ideological fumes, so this will be my last post in this thread.

      I'm truly saddened about the damage occurring to the Gulf, I used to live down there and know people that are suffering. I'm all for punishing those individuals involved and fining the crap out of BP, who was responsible for preventing this sort of thing from occurring.

      It makes me sick that the administration seems far more concerned with using this emergency ("never let a good emergency go to waste"-Rom Immanuel) to advance their political and ideological goals while lining their political allies' pockets instead of dealing with this disaster effectively, fairly, and logically.

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    273. Re:So? by tsa · · Score: 1

      They certainly can, but they can't take the whole company like they could with GM.

      --

      -- Cheers!

    274. Re:So? by TooMuchToDo · · Score: 1

      Jobs =! dollars. Each job supports a person. It doesn't matter much if $OIL_COMPANY makes an extra $BIG_DOLLAR_AMOUNT off a well, because it ends up in shareholders' pockets.

    275. Re:So? by MachineShedFred · · Score: 1

      Oh, it's just a small percentage, so we can screw them with their pants on - no problem.

      If it was a bigger percentage, then we should care more about their livelihood? At what percent do people start to matter? 10%? 40%?

      --
      Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
    276. Re:So? by Anonymous Coward · · Score: 0

      So then stop buying it, get it yourself, or stop bitching. They're offering you a deal at the pump, you don't have to take it. And don't feel like you're entitled to tell them what to charge for their work.

    277. Re:So? by sumdumass · · Score: 1

      You mean the piece of equipment that was damaged when testing it's operation because a crane operator bumped a control which caused movement in the drilling apparatus when they were testing the locking mechanism of the Blow Out Preventor? You know, the fail safe device that they knew was faulting when the crew members started finding large pieces of the rubber seals in the wash water but the operational decision to ignore that instead of replacing the device because of costs issues was made?

      Yea, the fail safe device was not defective at all, it was damaged and the damage was ignored due to managerial decisions instead of replacing or fixing it like proper protocol would dictate. This we know from interviews with crew members that survived the explosion and fire.

      Still, this isn't a case of defectiveness, it's a case of operational error. It's really more akin to the guy who doesn't fix his brakes getting into an accident than someone who just purchased a car from the dealership with faulty brakes. In the one, they halt the sales of the car, in the other, they charge and prosecute the guy who made the decision.

    278. Re:So? by Anonymous Coward · · Score: 0

      Yeah but when millions of people elect to permit your field walking so long as you have that lightening deflector, and then it turns out that your lightening deflector is really a gooey turd, is it really fair for those same millions to act as if you were the only one who was stupid?

    279. Re:So? by Anonymous Coward · · Score: 0

      Do you think that six months of wait on 1/100th of the Gulf wells will destroy the economy?

      You dont understand. There are a finite number of drilling rigs capable of deepwater drilling. The owners of those rigs are not going to let them sit idly by and not make money. They will be elsewhere drilling. And given that a well takes 6-9 months to complete, that means no drilling in the Gulf for 18 months+.

      Obamas short sighted decision is dumb. Period.

    280. Re:So? by pjp6259 · · Score: 1

      Here is snopes debunking of your claims:
      http://www.snopes.com/politics/gasoline/braziloil.asp

      --
      Computers don't make mistakes. What they do, they do on purpose.
    281. Re:So? by falconwolf · · Score: 1

      No, *I* didn't "solve" anything, I simply listen to what the actual facts are from a number of different news and science sources instead of getting my "information" from partisan political sources.

      Really? I asked ScienceDaily what caused the oil spill in the gulf of mexico but I didn't find your actual facts. I didn't find the answer on Scienceblips. Science Centric didn't answer it either.

      Since you're now down to attacking the messenger without being able to actually refute any of the facts or logical arguments I've presented in any of my replies, you're obviously now running on nothing but ideological fumes, so this will be my last post in this thread.

      What facts? You didn't provide any scientific facts. So consider this my last post in this thread.

      Falcon

    282. Re:So? by falconwolf · · Score: 1

      They certainly can, but they can't take the whole company like they could with GM.

      You miss the point. You said if BP had been an American Company Obama would have taken it. However while it is not an American company it does own American property and Obama has not touched any of BP's property.

      Falcon

    283. Re:So? by UnknowingFool · · Score: 1

      To be fair to the industry there are a number of failsafes in place. BP in order to speed up the process slowly removed them all. In the end they were only relying on the Blowout Preventer as their only real fail safe. But they also ignored warning signs that the BOP may have been damaged or not functioning properly.

      --
      Well, there's spam egg sausage and spam, that's not got much spam in it.
    284. Re:So? by Anonymous Coward · · Score: 0

      So ...

      There are only so man rigs. Yes there is oil in the gulf, but there is also oil in Brazil which Obama just gave 2 billion dollars of US Citizens money to for their oil projects. So, now that they can afford such a rare commodity the rigs really are they are a serious threat to all the Gulf jobs that would be lost should they leave.

    285. Re:So? by Anonymous Coward · · Score: 0

      Incorrect.

      The issue was due to a damage/nonoperational piece of equipment that is functioning just fine on all the inspected rigs.

      If a tall building burned down due to a faulty lightning rod are you going to close all tall buildings for 6 months even though their lighting rods were checked are are in working order?

    286. Re:So? by Javagator · · Score: 1

      I don't think keeping everyone employed who depends on the gulf for their job is one of the options. The options are keeping the 10% of the people who work in the oil industry employed, or the 90% of the other people employed.

    287. Re:So? by randyleepublic · · Score: 0

      Are you retarded? They quite reliably knew that what they were about to do was going to be a catastrophe. They knew, but for some still unexplained reason, went ahead and pulled the trigger of the loaded gun pointed at their head. Sure, there is no reliable way to put the brains back in the skull, but that just means that you don't pull the trigger when you know the gun is pointed at your head, and this, they damn sure knew. Hello?

      --
      Social Credit would solve everything...
    288. Re:So? by Anonymous Coward · · Score: 0

      Yahoo's Newsroom is reporting that the judge who overturned the drilling moratorium holds stock in drilling companies.

      No conflict of interest here, no sir...

      OK, that's fine. But that doesn't make his point any less valid. Obama, and the feds in general, fly by the seat of their pants having a giant overreaction to everything that happens. Yes, it's a horrible oil spill, but how will a moratorium help anything? Are we expecting more explosions and leaks in the near future?

      How is parent marked "troll"? That's a 100% reasonable question?

      Honestly, how would a moratorium help anything?

    289. Re:So? by sophoclesdrf · · Score: 1

      Yahoo's Newsroom is reporting that the judge who overturned the drilling moratorium holds stock in drilling companies.

      No conflict of interest here, no sir...

      Just like there's no conflict of interest in the fact that the US government just loaned the Brazilian state-run oil company Petrobras 2 billion dollars for offshore drilling in depths far exceeding the moratorium.

      Funny coincidence also that George Soros, (who, through the Center For American Progress & John Podesta, who also headed Obama's transition team and chose who filled most of the top positions in the administration) invested a huge amount in Petrobras only days before the government's decision to invest. George Soros stands to make a killing from the drilling moratorium.

      Why is the administration crippling US oil companies while investing heavily in a foreign oil company?

      Strat

      "Funny coincidence also that George Soros, (who, through the Center For American Progress & John Podesta, who also headed Obama's transition team and chose who filled most of the top positions in the administration) invested a huge amount in Petrobras only days before the government's decision to invest. George Soros stands to make a killing from the drilling moratorium." George Soros is not a member of Obama's cabinet or for that matter the U.S Government. He's a financial donor and nothing more. Stop watching FOX news. If you have news of the U.S deep water investment then post your source so that the rest of us can decided.

    290. Re:So? by Anonymous Coward · · Score: 0

      I tried. They were all too busy trying to grab a job in the oil industry before it collapsed too...

    291. Re:So? by JustABlitheringIdiot · · Score: 1

      You are absolutely correct, in a classical sense (read basic econ) the commodity markets are dominated by supply and demand. However, due to some loopholes in how the commodities are traded the prices can be significantly swayed one way or another by speculation. See here and here (sorry not the best sources I didn't have time to find better ones).

      You are also correct in pointing out that I was mistaken. A group, such as OPEC, can and routinely does influence the market by curtailing or increasing supply (though it is not always effective). I was mistaken in my terminology I specifically meant one company. But you also cannot deny that speculation plays a significant role in price, do you really think that demand has changed by that much as to cause the drop in oil prices seen in the last two years (approx 50%)? The demand is a speculation of what will happen in the future, it's a guess, nobody knows what China or the US (two of the largest consumers of oil) will really need in the future, some bet it will be high and the price goes up or they bet low and the price goes down (note the correlation in oil prices with news about the status of the economy - no mention of changes in supply or actual demand, just guesses right or wrong after all it's futures).

    292. Re:So? by Skater · · Score: 1

      Come on - for this many things to go wrong, there are systemic problems. For example, why hasn't the cap idea been tested at deep wells before?

      A review of all operations seems within reason given the scale of the mess it has created. Unless you also think that nuclear power plants shouldn't have their safety plans reviewed and verified because only one of them blew up.

    293. Re:So? by hawguy · · Score: 1

      And during those 6 months, what do they tell the banker? If there's money to be made in the gulf, then they need to get started. If there isn't, they move that rig to another location and try again. Waiting 6 months isn't even a question. Those things will go to whatever company wherever they can be used in the world ASAP.

      That's my point -- when the moratorium is over, they'll be back to the Gulf, it's not like they are going to take their rigs to South America and leave them there. If there's money to be made in the Gulf, drillers will be back. A 6 month or 12 month or 18 month delay is not going to change America's dependence on foreign oil.

    294. Re:So? by sumdumass · · Score: 1

      Cap idea? They places a container above the broken pipe and are collecting most of the spillage, however, that's limited more by their transportation and disposal abilities then the operation of the cap. They can't contain or burn the amount seeping from the broken pipe as fast as it's coming out. Anyways, the Blowout preventor would have ceased the need for such extremes had they made sure it was in working order.

      It's not systematic unless you count management styles as systematic. No one will be cutting corners with the BP problem still happening.

    295. Re:So? by Abcd1234 · · Score: 1

      They places a container above the broken pipe and are collecting most of the spillage

      Wait... are you talking about the cap that, today, is collecting something like 15k barrels a day from an estimated 35-60k?

      Because, if so, you have a *very* odd definition of "most".

      Furthermore, the collection rates aren't higher because they're afraid if they attempt to catch higher volumes, the cap will blow off under the pressure. It's a physical limit on the technique they're using, and they knew that full well before they began, which is why, prior to the operation, the message changed from "we'll stop the leak" to "we'll reduce the outflow as much as we can".

    296. Re:So? by Abcd1234 · · Score: 1

      Correction, they got it up to 25k of the 35-60k... so "most" is accurate (if a bit deceiving) if you accept the most conservative figure (though that still leaves 10k per day, twice their original estimate, and it's probably actually more than that).

    297. Re:So? by Abcd1234 · · Score: 1

      Sometimes extraordinary measures are called for,

      Indeed. Just ask the Japanese or those who "participated" in McCarthy's witchhunts how they felt about those "extraordinary measures" taken back in the day...

    298. Re:So? by sumdumass · · Score: 1

      Wait... are you talking about the cap that, today, is collecting something like 15k barrels a day from an estimated 35-60k?

      Because, if so, you have a *very* odd definition of "most".

      I'm not sure where you got your numbers from, but as of june 6th, the official US coast guard estimates were that the well was leaking around 19K barrels a day. Collecting 15K is most of the 19K and there is nothing odd about that.

      Furthermore, the collection rates aren't higher because they're afraid if they attempt to catch higher volumes, the cap will blow off under the pressure. It's a physical limit on the technique they're using, and they knew that full well before they began, which is why, prior to the operation, the message changed from "we'll stop the leak" to "we'll reduce the outflow as much as we can".Ahh, I see where your numbers are from- there is still something wrong with them.

      BP did state that's it was having problems removing the oil because of limits in transportation and burn off capabilities. By mid July, they are supposed to be able to capture or otherwise deal with 60K-80K barrels per day or better.

    299. Re:So? by Abcd1234 · · Score: 1

      That estimate is out of date.

    300. Re:So? by Abcd1234 · · Score: 1

      Ahh, I see where your numbers are from- there is still something wrong with them.

      Huh? Nothing in that article indicates that there's something wrong with the new estimate. That I can see, anyway.

      BP did state that's it was having problems removing the oil because of limits in transportation and burn off capabilities. By mid July, they are supposed to be able to capture or otherwise deal with 60K-80K barrels per day or better.

      Yeah. All I can say is, we'll see about that. If it happens, great! But given that, on the lowest end, the current flow rate is estimated to be *seven times* BP's original estimate, I'll take their claims with a truly enormous grain of salt.

    301. Re:So? by BourneTolouse · · Score: 1

      Just like there's no conflict of interest in the fact that the US government just loaned the Brazilian state-run oil company Petrobras 2 billion dollars for offshore drilling in depths far exceeding the moratorium.

      Do I detect the sweet odor of bullshit? http://www.snopes.com/politics/gasoline/braziloil.asp

    302. Re:So? by sumdumass · · Score: 1

      Huh? Nothing in that article indicates that there's something wrong with the new estimate. That I can see, anyway.

      Read the articles and posts again. The original numbers were 18k barrels leaking and BP being able to capture 15K. The revised numbers are 35-60k leaking and BP being able to capture 60-80k. You used the old capture numbers with the revised release numbers and it created an entirely too large of a gap for the reality of the situation.

      BTW, sorry about the sloppy formatting, I should have previewed it before posting.

      Yeah. All I can say is, we'll see about that. If it happens, great! But given that, on the lowest end, the current flow rate is estimated to be *seven times* BP's original estimate, I'll take their claims with a truly enormous grain of salt.

      Well, I read an article or saw a news story on it which I can't find a reference to link to for some reason. But they claimed that the current limiting factors are getting rid of the captured oil (which is what I originally posted). Anyways, these numbers are somewhat validated by the USCG which is overseeing the operations and had to ultimately approve the additional collection techniques. BP has underestimated the flow rates but not over estimated their capture rates that I know of. If you know more about that, let me in on it. Part of the reason the current flow rate is 7 times more then the original estimate is also because they cute the BOP off the exposed pipe in order to make collections efforts more efficient. The official USCG estimate is still higher then BP's first new estimate but you also have to remember that it's a game of assumptions in estimating something largely uncontrolled. It won't be the same when estimating the capacity of something completely engineered unless there is some sort of fault in the engineering. We have no evidence of that being involved in the situation to date except for the first failed cap attempt.

    303. Re:So? by Teancum · · Score: 1

      Do you think that six months of wait on 1/100th of the Gulf wells will destroy the economy?

      Absolutely! Suggesting that this is 1/100th of the wells is sort of a fallacy here anyway. This is about exploration of new wells and dealing with the whole supply chain, employment base, and everybody involved with the development of these wells from engineers, geologists, welders, drillers, pilots (both airborne as well as sea), steel fabricators, and much more. The number of people being put out of work as a result of this number in the thousands, possibly in the 10's of thousands. This is also going to have secondary impacts that will adversely impact service industries like grocery stores, doctor's offices, and government tax receipts. These are primary base industry jobs that support the entire local economy where they are located at so the impact is going to be huge.

      Also.... don't go complaining about dependency on foreign oil or higher prices at the gas pump as a result of this too, which will impact quite literally everything in the entire U.S. economy and the world economy as a whole. The only way you won't feel the impact of this is if you aren't connected to the global economy in any way.

      This is also something that makes no sense from a technical standpoint either, as there are different companies that are operating under different policies, standards, and even engineering design teams who built the equipment. If you can show that a specific design flaw or engineering philosophy is to blame here, I might possibly justify a short (a couple week) moratorium for shutting down an entire industry but that isn't what is at fault. It isn't unusual for a specific kind of aircraft to be grounded until the fault is fixed, to give an example in another industry. But to shut down an entire industry simply shouldn't happen. The closest example of something like this is the grounding of all aircraft after the 9/11 attacks... but then again there was a universal threat that was associated with all aircraft that was plainly obvious and the stoppage was for a relatively short period of time. It certainly wasn't six months.

    304. Re:So? by Teancum · · Score: 1

      I would have liked to have seen all BP assets in the US nationalized until every single American, every single waitress at Denny's who's gonna lose tips because vacationers aren't coming to the Gulf because of the thick crude oozing up on the beaches, is made whole.

      Why are you hell bent on confiscating wealth here? A great portion of the problem here is a massive screw up on the part of the Obama administration, where the White House simply sat on their behinds wondering what to do and staring at their own naval. There certainly were options to help cope with this from a technical standpoint that should have been resolved much earlier.

      Rather than doing the blame game and filing lawsuits and other sorts of things that actually slows down the process of trying to fix the problem, Obama should have pulled together a bunch of "experts" on about the second or third day of the problem, asked what could be done to get the situation resolved, and then put the resources of the United States into action to get it resolved. Unfortunately that didn't happen and the lawsuits are flying around with an increase in government red tape instead of having somebody to cut through that bureaucracy and actually be in charge.

      I blame Obama because the guy can't lead. He can't lead because he has no experience in leading and has never run an organization larger than his campaign staff or his senate office staff prior to becoming President. This is something that matters and is glaringly obvious at this time. This is the consequence of getting somebody who is all fluff and no substance. Yes, I do think a President Hillary Clinton would have done a much better job with this problem than Obama currently is doing, and certainly there are others with real leadership experience that could have done much better than Obama even within the Democratic party as well and kept most of the current political agenda going on. It isn't political philosophies I'm complaining about here, but rather the guy himself.

      Certainly there is no excuse for screwing over the rest of the oil companies merely because one of them is having a really bad day. BP certainly should be responsible for damages on things they had direct control over, and legitimately they are paying claims on damages they have caused. Money has been going to some people already and there is much more that can be done and will be done too. They certainly aren't getting a free pass here.

      As for petroleum, there are many uses for the stuff besides taking a match (or a spark plug) and setting it on fire. I agree that eventually the practice of using petroleum as a energy storage medium has got to eventually end for most uses, but it is going to take some time. The "alternative energy sources" is really trying to find some way to store the rather substantial quantities of energy in some fashion that can be used when needed, and at high enough energy rates that you can do useful stuff with that energy. It should be noted that more energy is expended (usually in the form of electrical energy) for the processing and refining of petroleum than is every extracted out of the refined gasoline when it is burned... even if the energy from the gasoline is used at 100% efficiency. It really is just a storage medium.

      For myself, I like the idea of algae farms for generating petroleum... sustainable and permits a petroleum production industry. It may take some genetic engineering to get it to work out effectively, but it is a step in the right direction that doesn't require humanity to return to the stone age. There are also some very interesting electrical storage technologies that are promising and may be substantially better than the current Lithium-ion battery technology in terms of energy storage density as well. If those come to market, electrical vehicles capable of traveling 1000+ miles on a single charge may be possible.

    305. Re:So? by m509272 · · Score: 1

      Perhaps you should be more annoyed at the people that approved the drilling of this well.

      "The Interior Department exempted BP's calamitous Gulf of Mexico drilling operation from a detailed environmental impact analysis last year, according to government documents, after three reviews of the area concluded that a massive oil spill was unlikely.

      The decision by the department's Minerals Management Service (MMS) to give BP's lease at Deepwater Horizon a "categorical exclusion" from the National Environmental Policy Act (NEPA) on April 6, 2009 -- and BP's lobbying efforts just 11 days before the explosion to expand those exemptions -- show that neither federal regulators nor the company anticipated an accident of the scale of the one unfolding in the gulf. "

      Note the date, that would be the Obama administration. Funny how this barely appeared in most media outlets.

      http://www.washingtonpost.com/wp-dyn/content/article/2010/05/04/AR2010050404118.html

  2. That's just smart thinking. by Helpadingoatemybaby · · Score: 3, Funny

    Now when the same problems cause a second leak we can 100% confirm those problems are the cause!

    How else will we address the third leak?

    --

    The baby's fine -- please stop sending business cards.

  3. So basically... by arkane1234 · · Score: 1, Funny

    So basically it's like someone being raped by everyone in a club and saying they like the music a lot so they aren't staying out.

    --
    -- This space for lease, low setup fee, inquire within!
    1. Re:So basically... by Anonymous Coward · · Score: 2, Funny

      No, it's not, and you now owe a written apology to every rape victim in the world, you piece of filth.

    2. Re:So basically... by Anonymous Coward · · Score: 0

      No, it's absolutely nothing like that. At all. In fact, even BadAnalogyGuy is crying from how atrocious that analogy was.

    3. Re:So basically... by arkane1234 · · Score: 1

      No, it's not, and you now owe a written apology to every rape victim in the world, you piece of filth.

      Pats anonymous coward on the head.
      There there.

      --
      -- This space for lease, low setup fee, inquire within!
    4. Re:So basically... by arkane1234 · · Score: 1

      No, it's absolutely nothing like that. At all. In fact, even BadAnalogyGuy is crying from how atrocious that analogy was.

      in spite of the joking fashion of it, it is quite like that.
      I could care less if you agree, it's blatantly obvious the place has been gang raped by the industry. It's even more laughable when it's *DURING* one of the incidents.
      I realize that this is by an aonymous coward, but I figured I'd bring those up to snuff that don't quite understand.

      --
      -- This space for lease, low setup fee, inquire within!
    5. Re:So basically... by qbzzt · · Score: 1

      Except that listening to music is a luxury. The fuel that moves the tractors on the farm, or that gets the food from the farm to your supermarket, isn't.

      --
      -- Support a free market in the field of government
    6. Re:So basically... by arkane1234 · · Score: 1

      you sure are fucking stupid.

      Christ, did a bunch of anonymous asses wake up?

      --
      -- This space for lease, low setup fee, inquire within!
    7. Re:So basically... by Peach+Rings · · Score: 1

      I could care less

      Eyebrow twitch

    8. Re:So basically... by SupremoMan · · Score: 1

      By the look of waistlines I've been seeing, we need a lot less of this fuel.

    9. Re:So basically... by gtbritishskull · · Score: 1

      No, its more like being raped in a club and being forced to come back.

    10. Re:So basically... by Bigjeff5 · · Score: 1

      I could care less if you agree, it's blatantly obvious the place has been gang raped by the industry.

      Yeah, not really. The Gulf spews out about 22 million barrels of oil every year, all on its own. No human intervention necessary. In fact, a few weeks before the spill you could see thin oil slicks hundreds of miles long from satellite images.

      On the other hand, this is the first oil rig spill in US waters in 40 years.

      So it's more like accidentally stabbing that friend you know who really loves to cut herself. You pretty much hope you didn't stab her where it will kill her, otherwise she'll probably enjoy it.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
  4. State economic hardship vs. National disaster by Yaddoshi · · Score: 1

    Seems to me in this case the Fed ought to get the last word in based on the longterm impact this may have on the entire country as compared to the economic impact this may have on Louisiana. However, because Louisiana still operates under Napoleanic law unlike the rest of the country, I suspect things are going to get very interesting very shortly.

  5. Drill baby drill! by Anonymous Coward · · Score: 1, Informative

    I love his comparison that just because one went doesn't mean the others will. Gee they use largely the same hardware and have virtually identical disaster response plans. Nope no risk at all. I think all that he sees at risk is his stock portfolio.

    1. Re:Drill baby drill! by Anonymous Coward · · Score: 0

      While we need caution we *NEED* to drill now. Not because we need the oil but because we are committed. What happens when the next attempt to 'seal the well' fail? There is a good chance that can happen. There is a good chance the platform that is down there will collapse on itself and fracture all over the place. It will end up smashing the drill pipe into several pieces. At that point there will be 100-200k in barrels leaking per day or more. There are no more 'backup plans'. The 2 august slant relief drill kill shots is it. The previous kill shot would only have worked if there were no other fractures in the drill pipe. It did not work. So there is probably at least one probably more. So they are slant drilling to get bellow the cracks. Now you have a huge multi-ton steal bolder sitting ontop of a broken straw. What do you think will happen eventually? Right now it is a race between that thing falling over and crushing the drill pipe and getting those slant wells completed.

      What do we do then?

      Drill baby drill. They estimate the field they were working was nearly 2-4 billion barrels of oil. That would take 200+ years to run its course. I dont think we can afford that. We will need to bleed the pressure off that sucker and it needs to have started yesterday...

      Sitting back and waiting to see if everything is 'perfectly' safe will not cut it at this time. The whole field should be seized and every major oil producing company within control of the united states ordered in to drill.

  6. civil war 2... by Michael+Kristopeit · · Score: 0

    the obaming.

  7. Crying in your oil... by vvaduva · · Score: 0

    Both sides are playing politics while the gulf is getting screwed. The judge's ownership of stock is as irrelevant as Obama taking millions in campaign contributions from BP.

    1. Re:Crying in your oil... by dunezone · · Score: 3, Informative

      From what I read Obama didn't take contributions from BP, but he did take contributions from employees of BP.

    2. Re:Crying in your oil... by Rude+Turnip · · Score: 2, Interesting

      That's how it works. A portion of your pay in some firms is indirectly slotted toward campaign contributions for certain candidates. That way, the company isn't making one, big, glaring contribution.

    3. Re:Crying in your oil... by Jaysyn · · Score: 1

      I'm not saying this isn't true, in fact I can totally believe our campaign finance laws are that fucked up, but can you show me a verifiable instance of that occurring?

      Seems like that would be almost like fraud or ballot stuffing.

      --
      There is a war going on for your mind.
    4. Re:Crying in your oil... by MozeeToby · · Score: 1

      Only with your consent. I know my company has a PAC that I don't contribute a dime to, and there are absolutely zero negative repercussions from that decision.

    5. Re:Crying in your oil... by RingDev · · Score: 2, Interesting

      Uh, no. That would be illegal. Unless they are offering an accounting service opt in where by employees could choose to donate some portion of their pay.

      In any case, we're not talking about "millions" here. We're talking about less than $80,000. None of which came from PACs. $80k out of the $800,000,000 that Obama raised for his election campaign. From BP alone, the amount it's employees donated to Obama was more than the amount that it's employees and PAC donated to McCain, but for the oil industry as a whole, McCain pulled in over 3 times as much as Obama.

      If it had been an Exxon or Trans-Ocean rig that had blown out, the numbers would have strongly favored McCain.

      -Rick

      --
      "Most people in the U.S. wouldn't know they live in a tyrannical state if it walked up and grabbed their junk." - MyFirs
    6. Re:Crying in your oil... by startled · · Score: 2, Insightful

      Did you just play politics right after complaining about people playing politics?

      Here's a tip for next time: if you had used a semicolon instead of a period, you could have made a statement and then contradicted yourself in the same sentence.

    7. Re:Crying in your oil... by Bigjeff5 · · Score: 1

      Unless they are offering an accounting service opt in where by employees could choose to donate some portion of their pay.

      That's exactly how it works, and to be legal it must be voluntary, and the money must come from the employees.

      It's called a Political Action Committee.

      What I find interesting is that people immediately get their hackles up with a business does it, but when unions do it nobody cares.

      If it had been an Exxon or Trans-Ocean rig that had blown out, the numbers would have strongly favored McCain.

      It actually was a Trans-Ocean rig, you idiot. It was a BP well.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    8. Re:Crying in your oil... by LynnwoodRooster · · Score: 1

      Obama topped Chevron, ExxonMobil, and BP for the 2008 Election cycle. Even though he swore he would would not take money from oil lobbyists.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  8. Judges are outdated by Anonymous Coward · · Score: 0, Insightful

    It's sickening that, in this modern age, we let a single person throw around this much power.

    1. Re:Judges are outdated by qbzzt · · Score: 1

      Judges are supposed to apply the law. Laws aren't made by a single person, but by the legislature. How do you propose to decide if the government obeys the law or not?

      --
      -- Support a free market in the field of government
    2. Re:Judges are outdated by GeneralEmergency · · Score: 1

      ...Oh..you mean like the office holder (Obama) that unilaterally declared the moratorium in the first place?

      --
      "A microprocessor... is a terrible thing to waste." --
      GeneralEmergency
    3. Re:Judges are outdated by YesIAmAScript · · Score: 1

      That's how the executive branch works. It's not how the judicial branch works.

      Take a civics class.

      --
      http://lkml.org/lkml/2005/8/20/95
  9. From Obama's speech about a week ago: by Anonymous Coward · · Score: 1, Insightful

    "A few months ago, I approved a proposal to consider new, limited offshore drilling under the assurance that it would be absolutely safe"

    LOL, tool.

    1. Re:From Obama's speech about a week ago: by Anonymous Coward · · Score: 0

      In other words, he was lied to.

    2. Re:From Obama's speech about a week ago: by Etcetera · · Score: 0

      In other words, he was lied to.

      Oh please. What happened to his vaunted intellect? This paragon of intelligence and reason who was supposed to lead us all to the promised land of enlightenment? NOTHING is "absolutely safe".

      Either he actually believed it, in which case he's an idiot and worse than Bush ever was; or he knew better but didn't question the statement, in which case he's an ineffective and negligent Chief Executive; or he wasn't actually told that but is going into full-fledged CYA mode, in which case he's passing the buck and acting fairly un-Presidential.

    3. Re:From Obama's speech about a week ago: by Anonymous Coward · · Score: 0

      He was trying to get Republican support for a bill to get a lot of clean energy (and taxes on CO2).

      Drilling in the Atlantic where there has never been any oil before seems like an OK compromise to me.

    4. Re:From Obama's speech about a week ago: by Attila+Dimedici · · Score: 1

      "A few months ago, I approved a proposal to consider new, limited offshore drilling under the assurance that it would be absolutely safe"

      LOL, tool.

      The best part is that that was right about the time BP started telling the Administration they were having a problem at this very oil platform, the type of problem that most experts believe led to the explosion that caused this problem, in February (about a month before Obama said that he had been assured that it would be "absolutely safe".

      --
      The truth is that all men having power ought to be mistrusted. James Madison
  10. Corporate ownership of Judicial Branch? by garyisabusyguy · · Score: 1

    Maybe he should get a nice BP logo tatooed on his lower back, so that his corporate master has something pretty to look at while buggering justice

    --
    Wherever You Go, There You Are
    1. Re:Corporate ownership of Judicial Branch? by ScentCone · · Score: 1

      justice

      You're confusing "justice" with "prior restraint."

      --
      Don't disappoint your bird dog. Go to the range.
    2. Re:Corporate ownership of Judicial Branch? by EdIII · · Score: 1

      Now that Sir, would be one hell of a political cartoon to see, although we both know it would never see print.

    3. Re:Corporate ownership of Judicial Branch? by garyisabusyguy · · Score: 1

      Are you claiming that prior restraint of BP, in the form of administrative regulation, would have either been a bad thing or unconstitutional...

      Of course it would have been neither, the administration has every right to regulate when it is in the public interest. Take your laissez faire free-market dreams and go play in a puddle of sludge

      --
      Wherever You Go, There You Are
    4. Re:Corporate ownership of Judicial Branch? by nacturation · · Score: 1

      Maybe he should get a nice BP logo tatooed on his lower back, so that his corporate master has something pretty to look at while buggering justice

      You're confusing "justice" with "prior restraint."

      Ooh, restraints like leather straps, handcuffs, and rope?

      --
      Want to improve your Karma? Instead of "Post Anonymously", try the "Post Humously" option.
    5. Re:Corporate ownership of Judicial Branch? by ScentCone · · Score: 1

      the administration has every right to regulate when it is in the public interest

      Who's talking about regulation? The GP is talking about justice, which means he's talking about the consequences of criminal conduct. Telling other drilling operations that they have to stop working because that's the only way to make sure that justice will be done in advance of an as-yet uncomitted crime is prior restraint.

      And no ... the administration does not have "every right" (do you even know what the word "right" means?) to regulate anything. The executive branch can only regulate within the bounds granted by the congress through legislation. They can each squabble over what that means, which is when the judicial branch steps in to interpret the legislation, compare it to the constitution, and then weigh the executive's actions in that context.

      --
      Don't disappoint your bird dog. Go to the range.
    6. Re:Corporate ownership of Judicial Branch? by Anonymous Coward · · Score: 0

      Now that Sir, would be one hell of a political cartoon to see, although we both know it would never see print.

      But thank God there's the internet!

    7. Re:Corporate ownership of Judicial Branch? by TheFlamingoKing · · Score: 1

      This should be +5, thx.

    8. Re:Corporate ownership of Judicial Branch? by garyisabusyguy · · Score: 1

      I wish to the FSM that some of you know it alls would quit watching Fox News and actually try and learn something.

      As my good buddy wikipedia puts it:
      Administrative law is the body of law that governs the activities of administrative agencies of government. Government agency action can include rulemaking, adjudication, or the enforcement of a specific regulatory agenda.
      http://en.wikipedia.org/wiki/Administrative_law

      So... NO, it is not necessary for Congress to act for something to be a "law"

      And YES the President, via Administrative Law has the right to "enforce a regulatory agenda".

      It seems to me that having an industry work in a demonstrably risky manner in order to maximize profits, while exposing large numbers of US citizens to toxins and loss of earnings, would stand as an instance where regulation would be required.

      Stopping current drilling until the industry can demonstrate that they are performing in a safe manner seems to be one of the few ways (and republicans are demanding that something be done) that will make a company act responsibly.

      --
      Wherever You Go, There You Are
    9. Re:Corporate ownership of Judicial Branch? by Anonymous Coward · · Score: 0

      Maybe he should get a nice BP logo tatooed on his lower back, so that his corporate master has something pretty to look at while buggering justice

      Not the lower back. Think lower!

    10. Re:Corporate ownership of Judicial Branch? by Faluzeer · · Score: 1

      Hmmm

      An interesting idea, but far too limiting, surely what is really needed is an e-tattoo that can show all the corporates that have bought the judge...

    11. Re:Corporate ownership of Judicial Branch? by ScentCone · · Score: 1

      Stopping current drilling until the industry can demonstrate that they are performing in a safe manner seems to be one of the few ways (and republicans are demanding that something be done) that will make a company act responsibly

      How would you demonstrate that, exactly? Perhaps tens of thousands of drilling operations that haven't had this happen? Thousands in production, right now, that haven't? You want the government to look at something and decide that they are seeing pefection and the complete impossibility of an accident? Are you also in favor of shutting down all coal mines, all air traffic, all chemical factories, all meat packing plants, all schools (children can slip in the bathrooms!) in the name of the "justice" that the GP was referring to? Really?

      --
      Don't disappoint your bird dog. Go to the range.
    12. Re:Corporate ownership of Judicial Branch? by garyisabusyguy · · Score: 1

      This function is already performed by the drilling companies and the MMS when the RISK of the project is high enough.

      Most of those 10,000 or so well that were drilled before the recent spate of deregulation did have proper risk assessments done, and in those cases, were designed to mediate the risk.

      I am not going to fall for your ass-hat statement that proper regulation calls for the end of all risky endeavors, just that risk be assessed preoperly, and mediated, at the time the wells are initiated.

      I honestly get sick of fuck-wits that present an all-or-nothing slippery slope argument when they are tasked with the need for regulatory compliance.

      --
      Wherever You Go, There You Are
    13. Re:Corporate ownership of Judicial Branch? by ScentCone · · Score: 1

      an all-or-nothing slippery slope argument

      You mean like the all-or-nothing argument being put forth by the administration? You know, the guys that say that all such drilling must stop for six months because of BP's accident, even though BP is not running all such wells, the Interior Secretary's own experts have told him that the drilling moratorium is counterproductive and possibly dangerous, and there are no new standards to apply, nor any plan to alter regulation of the wells in question? You mean that sort of slippery? Where politics, pandering to the far eco-left's rabidity on the subject, rather than any practicality whatsoever, drives an all-or-nothing reaction? Gotcha.

      --
      Don't disappoint your bird dog. Go to the range.
  11. As always, units matter by Itchyeyes · · Score: 5, Informative

    pointing out that a moratorium on 33 wells is unlikely to have a devastating impact in a region hosting 3,600 active wells

    The above quote should read "a moratorium on 33 drilling wells". Drilling wells are a rate (ie 33 wells per month), active wells are a stock. The distinction is important. The vast majority of oil and gas jobs are involved in the drilling and completion process. Operating a well after it has been completed requires very little resources. For example, a typical onshore well may cost $2-3 million to drill and complete in a 14-30 day time period, but only cost around $2,000/month to operate after completion.

    Please note that I'm not saying a drilling moratorium should not be passed. Just that the moratorium will likely have significant impact on the Gulf economy, and that the state of Louisiana's concerns are quite valid, and that the Federal government's dismissal of them here is misleading and likely inaccurate.

    1. Re:As always, units matter by KhazadDum · · Score: 1

      Then don't fucking drill and save yourself those fucking millions. Seriously - you make the best argument - keeping those active wells producing has almost no overhead compared to making new ones. Or is losing an ENTIRE FUCKING COAST so unimportant to you as to oppose halting new activity for a little bit?

    2. Re:As always, units matter by michael_cain · · Score: 2, Insightful

      Yes. And "undoing" the moratorium at the end of six months may be substantially more difficult then starting it has been. The rent on a large semi-submersible drilling rig such as the one that burned and sank when the BP well blew out may exceed $500,000 per day just for the rig. The rig owners — generally not the oil companies — will not let these sit idle for 180 days if there are opportunities elsewhere. Once the rigs have been relocated to Brazil or Africa, it may be quite expensive to entice them back.

      Not to say that a moratorium is not an appropriate response. Just that there may be long-term consequences of that decision that do not appear to have considered.

    3. Re:As always, units matter by Anonymous Coward · · Score: 0

      So, the FED should retroactively change the rules for off-shore drilling. Yes, I said retroactively!

      Require multiple contingency plans in case of fire on rig, explosion on rig, explosion at drill-head, fracture of bedrock surrounding drill-head... the list goes on. The assumption that we should proceed AS NORMAL, Gulf diasaster or not, is incorrect, and dangerous.

      What's worse: a 6-12 month stay on wells in the Gulf temporarily effecting Gulf states, or a 2nd oil catastrophe in the Gulf? You could argue that Gulf-water cleanup creates another economic market, but that would be too capitalistic wouldn't it?

    4. Re:As always, units matter by Hatta · · Score: 5, Insightful

      The proper solution is not to stop drilling, but to require a relief drill to be dug at every site. That way if this happens again, we don't have to wait 4 months. This way we can be safe, collect oil, AND double employment on drilling platforms.

      --
      Give me Classic Slashdot or give me death!
    5. Re:As always, units matter by Itchyeyes · · Score: 1

      What's worse: a 6-12 month stay on wells in the Gulf temporarily effecting Gulf states, or a 2nd oil catastrophe in the Gulf?

      Obviously a 2nd catastrophe, but that's the wrong question to be asking. The right question is, "What's worse: a 6-12 month stay on wells in the Gulf temporarily effecting Gulf states, or the probability of a 2nd oil catastrophe in the Gulf during that time?"

      Like I said in my OP, I'm not necessarily opposed to the idea of a drilling moratorium if it's necessary to prevent another spill while the regulations are revised. But let's not fool ourselves about the real costs and benefits of a moratorium, as TFA is trying to do. A second spill is not an inevitability, especially if existing regulations are enforced properly while newer, more stringent regulations are being drafted.

    6. Re:As always, units matter by tomhath · · Score: 2, Insightful

      The distinction is important.

      Excellent point. And does anyone believe that the Obama administration would be able to complete a study or make meaningful changes (or even suggestions for changes) in six months? They haven't shown any sign that they could. It's been over two months and so far all we've seen is finger pointing.

    7. Re:As always, units matter by Bill_the_Engineer · · Score: 3, Insightful

      Not to say that a moratorium is not an appropriate response. Just that there may be long-term consequences of that decision that do not appear to have considered.

      The long term consequences are of the petroleum industry's own fault. BP (and others) should have weighed the risks of something really bad happening against cutting corners during drilling. Consequences include the swift reactive and punitive response of federal and local governments.

      Where's the incentive for industries to regulate themselves (which they should do in addition to the government) if they are quickly relieved of the consequences?

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    8. Re:As always, units matter by Isaac-1 · · Score: 2, Insightful

      Keep in mind this is the first major off shore drilling accident in almost 20 years, how many other industries can claim as good of record. This was just a particularly bad one.

    9. Re:As always, units matter by Anonymous Coward · · Score: 1, Informative

      Double the cost, 2 rigs for every well, and you may not realize this but relief wells can also experience blowouts.

      It's an interesting idea and not particularly practical, but as long as you're happy with, say, 1.5 to 2x more for the price of gas at the pump, it could probably be done.

    10. Re:As always, units matter by geekoid · · Score: 1

      Depends, are the republicans going to automatically go against what he wants like they ahve done fer pretty much everything else?

      240 routine appointments have been held up for no other reason then to impact the Obama administration. Yes, a few key appointees are always scrutinized, but we are talking about many pretty minor appointees.

      Many of them stopped by anonymous republicans. Fucking cowards. That goes for anyone who anonymously blocks appointees.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    11. Re:As always, units matter by Anonymous Coward · · Score: 0

      $2,000 a month to operate? WTF!! You're telling me Oil Wells are operated by a single part-time employee, and that there are NO costs associated with their operation apart from the salary for one lone guy?

    12. Re:As always, units matter by Bill_the_Engineer · · Score: 2, Insightful

      Except the Deepwater Horizon is not the only oil well leaking in the Gulf of Mexico. From the Mobile Press Register dated Jun 7:

      The Deepwater Horizon is not the only well leaking oil into the Gulf of Mexico for the last month.

      A nearby drilling rig, the Ocean Saratoga, has been leaking since at least April 30, according to a federal document.

      While the leak is decidedly smaller than the Deepwater Horizon spill, a 10-mile-long slick emanating from the Ocean Saratoga is visible from space in multiple images gathered by Skytruth.org, which monitors environmental problems using satellites.

      Federal officials did not immediately respond when asked about the size of the leak, how long it had been flowing, or whether it was possible to plug it.

      In addition, I don't think we can honestly say this is the first major off shore drilling accident in almost 20 years when 3000ft+ drilling hasn't been performed within the Gulf of Mexico that long.

      A slide show presentation given at a Offshore Technology Conference on May 2, 2001 by Chris Oynes (the Regional Director of the Minerals Management Service) made it appear that drilling wells beyond the 3,000 ft depth was a relatively new activity in the Gulf of Mexico. In fact the deepest oil well startup given during his presentation was the single Diana / Hoover site at 4,679 ft in 2000.

      According to Oynes presentation in 2001, the oil production growth was given at:

      1995: 55 million barrels per year
      1996: 72 million barrels per year
      1997: 108 million barrels per year
      1998: 159 million barrels per year
      1999: 225 million barrels per year
      2000: was estimated to be 217 million barrels per year

      The vast majority of these "deepwater oil wells" were within the 500 to 1000 ft leasing areas.

      The industry was very excited about the continued growth in oil production that could come from the much deeper oil well sites.

      An article from the Oil and Gas Articles dated April 13, 2006 talked about the expanding deepwater drilling within the Gulf of Mexico whose growth accelerated in 2001, and MSNBC ran a similar story in September 2006 which stated:

      A trio of oil companies led by Chevron Corp. has tapped a petroleum pool deep beneath the Gulf of Mexico that could boost the nation’s reserves by more than 50 percent. A test well indicates it could be the biggest new domestic oil discovery since Alaska’s Prudhoe Bay a generation ago...

      Chevron on Tuesday estimated the 300-square-mile region where its test well sits could hold between 3 billion and 15 billion barrels of oil and natural gas liquids. The U.S. consumes roughly 5.7 billion barrels of crude-oil in a year.

      It will take many years and tens of billions of dollars to bring the newly tapped oil to market, but the discovery carries particular importance for the industry at a time when Western oil and gas companies are finding fewer opportunities in politically unstable parts of the world, including the Middle East, Africa and Russia.

      I especially like the following from the same article:

      The proximity of the Gulf of Mexico to the world’s largest oil consuming nation makes it especially attractive. And it could bring pressure on Florida and other states to relax limits they have placed on drilling in their offshore waters for environmental and tourism reasons.

      During the same time period (2006) CNBC ran a story:

      Oil gusher in the Gulf of Mexico?

      Deep-water test wells in the Gulf of Mexico indicate there may be huge new untapped oil reserves. CNBC asked Brian Hicks of U.S. Global Investors and Branko Terzic at Deloitte and Touche about the impact of the discoveries.

      I think lumping the oil drilling performed at depths greater that 1500 feet with the more numerous (and older) drilling at depths between 500 and 1000ft gives the illusion tha

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    13. Re:As always, units matter by shutdown+-p+now · · Score: 4, Insightful

      How many other industries have consequences of the same magnitude when they fuck up?

    14. Re:As always, units matter by Jeremi · · Score: 1

      .For example, a typical onshore well may cost $2-3 million to drill and complete in a 14-30 day time period, but only cost around $2,000/month to operate after completion.

      But don't those cost estimates fail to reflect the pro-rated costs of a leak? That is, shouldn't you add in ($50 billion multiplied by the percent chance of another DeepWater Horizon style accident) to get the most accurate average costs?

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    15. Re:As always, units matter by Jeremi · · Score: 1

      And does anyone believe that the Obama administration would be able to complete a study or make meaningful changes (or even suggestions for changes) in six months?

      Dunno, but perhaps in 6 months the current disaster will be largely dealt with, which means that most of the resources that are currently going towards fixing the spill could then (theoretically) be redirected towards a second spill if it were to occur.

      At the moment, if we had a second spill, what equipment would we use to contain it? There's probably some available, but we wouldn't be able to use any of the equipment that's currently being used for spill #1.

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    16. Re:As always, units matter by Isaac-1 · · Score: 1

      You do have a point here, still we are talking a decade or more of practice, however I think a better distinction than a specific depth, should be the technique used in drilling, for example if the rig is of a traditional type with legs planted into the sea floor, or if it is a free floating platform using either anchors or dynamic positioning to remain on target with a floating style drill table.

      Ike

    17. Re:As always, units matter by Anonymous Coward · · Score: 0

      You might be interested in the fact that Canada already demands exactly that.

    18. Re:As always, units matter by AK+Marc · · Score: 0

      It's an interesting idea and not particularly practical, but as long as you're happy with, say, 1.5 to 2x more for the price of gas at the pump, it could probably be done.

      Such a requirement would have no effect on the cost of getting gasoline to the pump (I can't say it won't have an effect of the prices, as those are not always set based on cost). If the oil out of the ground cost twice as much, then they wouldn't put the hole there.

      But then, I think you knew that and were lying about what you think and that's why you were arguing against it as an AC.

    19. Re:As always, units matter by SvnLyrBrto · · Score: 1

      You know... It's not like that oil is going anywhere. (Except into the waters of the gulf.)

      It'll still be there when the moratorium ends. It'll still be there years down the road when a technology or technique other than "spew tens of thousands of barrels of oil daily into the ecosystem for four months while we drill a relief well", is available to deal with potential accidents.

      And it's not like there's more oil being created. It's not going to lose it's value just because you leave it in the ground for a while longer than originally planned. In fact, it'll probably be worth more and be even more profitable years into the future.

      --
      Imagine all the people...
    20. Re:As always, units matter by tqk · · Score: 0

      The long term consequences are of the petroleum industry's own fault. BP (and others) should have weighed the risks of something really bad happening against cutting corners during drilling. Consequences include the swift reactive and punitive response of federal and local governments.

      Where's the incentive for industries to regulate themselves (which they should do in addition to the government) if they are quickly relieved of the consequences?

      I'm no corporate apologist, honest, but I think tarring an entire industry with BP's failure is unfair bystander collateral damage.

      I think BP ignored its own professionals in favor of minimizing costs in favor of maximizing shareholder return.

      Oh, and the regulators let them get away with this sort of behaviour for years.

      Who's guilty? Everybody who asked for it and let them get away with doing it that way. Consumers' demand, shareholder greed, Wall St. amorality, regulator capture, lax oversight, collusion with lobbyists, and lack of campaign finance reform.

      --
      "Tongue tied and twisted, just an Earth bound misfit ..." -- Pink Floyd.
    21. Re:As always, units matter by gumbi+west · · Score: 1

      I think Canada requires this for north-slope wells. Not a bad idea.

    22. Re:As always, units matter by AK+Marc · · Score: 1

      The right question is, "What's worse: a 6-12 month stay on wells in the Gulf temporarily effecting Gulf states, or the probability of a 2nd oil catastrophe in the Gulf during that time?"

      BP and others got up in front of Congress and said that it couldn't happen, and even if it did, they'd be ready. It happened. They weren't ready. So I would assert that the probability is unknowable, since the experts have evidently colluded to deceive about the probability, and there aren't sufficient experts who are economically independent from the activity. Since the probability is unknowable, we must assume it's very likely, until proven otherwise. So your question may seem different, but until we get more information, it is not functionally different.

    23. Re:As always, units matter by Anonymous Coward · · Score: 0

      Like... Banking?

    24. Re:As always, units matter by shutdown+-p+now · · Score: 1

      Good point, but after they fucked up, banks were prohibited from doing many dangerous things that they were free to do before (like handing out high-risk credits) - including those which didn't directly suffer from their actions.

    25. Re:As always, units matter by Macrat · · Score: 1

      The proper solution is not to stop drilling, but to require a relief drill to be dug at every site.

      2 leaks are better than 1

    26. Re:As always, units matter by Isaac-1 · · Score: 1

      Probably much less than that, most oil wells either on shore or off shore are at unmanned sites, that just get very occasional maintenance visits. The biggest cost will be for electricity to run the pumps.

    27. Re:As always, units matter by bsercombe72 · · Score: 1

      Ask the former residents of Chernobyl, and all those within hundreds of miles who suffered - and still suffer - high occurrences of cancer, birth defects etc.

    28. Re:As always, units matter by wanax · · Score: 1

      The problem with that is the relief well has exactly the same failure modes as the original well.. and if either is done shoddily, it increases the risk. So, increasing the safety factor for the main well is paramount. But that doesn't mean we can't 'mostly' drill relief wells to be ready if there's a spill.

    29. Re:As always, units matter by thegarbz · · Score: 1

      Bah who needs self regulation when the government can just solve years of mismanagement with a single bailout.

    30. Re:As always, units matter by noidentity · · Score: 1

      Yes, because there's no way the primary and relief wells could blowout, just like there was no way this well could have blown out, given the preventer.

    31. Re:As always, units matter by Anonymous Coward · · Score: 0

      How many other industries are capable of causing a fuck up of this magnitude? Surely the cosequences to the company should be close to the consequences to the rest of society... and I would hardly say there is an imbalance in favour of society here.

      If you dont have a viable contigency for your worst case scenario... perhaps you should be forced to rethink your business model. Where I work its called risk assessment.

    32. Re:As always, units matter by Guppy · · Score: 1

      The proper solution is not to stop drilling, but to require a relief drill to be dug at every site

      I think Norway already requires something like this for their deepwater wells.

    33. Re:As always, units matter by oh_my_080980980 · · Score: 1

      Wow, way to ignore what has been happening in the Gulf for the past 64 days!

      Do you also want to ignore the significant impact on the Gulf economy do to the oil spill?? The impact is not a one-time stoppage of work. All these industries that rely on the Gulf, tourism, fishing, are impacted by this. They are essentially out of business. This impact will last for years!! A moratorium is temporary and will be lifted. Not too mention BP has setup a fund to pay out of work oil workers.

      Do you get the picture?

      FYI deep water wells take YEARS not days to drill. So your ONSHORE analogy is not valid. You'd think you'd know that if you had paid attention to the news.

      Jackass.

    34. Re:As always, units matter by Itchyeyes · · Score: 1

      The costs of the leak have absolutely nothing to do with the point I was making. This is in regards to continued drilling in the gulf and the economic impact on the region of a 6 month moratorium. If you RTFS, the Louisiana judge and the governor of Louisiana are saying that the moratorium will have a significant impact on the local economy. The Federal government countered by saying that's not true because shutting in 33 drilling wells is insignificant in a region with 3600 active wells. This is an invalid argument, because drilling wells contribute significantly more jobs in the oil industry than wells that are already producing. I was illustrating that point by comparing the cost of drilling a well to the cost of operating it. When drilling a well, oil companies spend money at roughly 1,000 times the rate they spend it for simply operating an existing well.

    35. Re:As always, units matter by BourneTolouse · · Score: 1

      3 Mile Island. Opportunity costs are a valid consequence. Of course, this won't matter to you, since you appear to think that all screw ups are created equal.

  12. Biased article much? by iceperson · · Score: 4, Informative

    No mention in the link about the "experts" that the administration consulted coming out and saying they don't support the ban and that the administration misrepresented their position. http://www.washingtontimes.com/news/2010/jun/22/judge-halts-obamas-oil-drilling-ban/

    1. Re:Biased article much? by Maniacal · · Score: 1

      Thanks for posting that. I would have blocked it too. If Obama and team can present an honest and solid case then I'll start wondering about the Judge's allegiance.

      --
      MG
    2. Re:Biased article much? by wanax · · Score: 1

      I'd guess this is a case of weasel reporting or words. The Obama administration decided on a moratorium on drilling wells under more than 500ft of seawater. I note the Washington Times doesn't mention this limit in their article but conflates the limited ban with drilling any wells at all. Any member of the NAE would say they were against a total ban, but I'd doubt so many would are against a temporary ban on deeper drilling.

  13. Yeah - but does the reasoning make sense? by stevew · · Score: 1

    You can sit there and be critical of the judge all you choose - but the question still remains. Does his ruling make sense? If you look at the economic impact of the President's decision - it's just as much of a catastrophe for the region as the Oil! Further - these accidents don't happen every 15 minutes - those arguing against drilling because of possible second episode are just playing an emotional argument, not a logical one.

    Gee - why not pick on the judge because he was a Reagan appointee?

    --
    Have you compiled your kernel today??
    1. Re:Yeah - but does the reasoning make sense? by MozeeToby · · Score: 2, Insightful

      Yes, I'm sure temporarily closing less than 1% of the active wells in the region will be absolutely devastating to the local economy. Clearly, the oil engineers need to take the time to reinspect their installations and re-think containment and capping procedures; current procedures have show themselves to be extremely ineffective. Taking 6 months to review policy and technology involved after a disaster of this magnitude seems pretty logical to me. Besides, how exactly is it this judge's job to weigh the harm and benefit of a presidential order?

    2. Re:Yeah - but does the reasoning make sense? by nacturation · · Score: 1

      Besides, how exactly is it this judge's job to weigh the harm and benefit of a presidential order?

      Simply put, the plaintiffs have argued that the government does not have the authority to impose such a ban. The judge considered the argument, researched the applicable law, and agreed. This would be no different than the government trying to suppress freedom of speech -- if the government does not have the authority to enact a law, it's up to the judicial system to strike it down.

      --
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    3. Re:Yeah - but does the reasoning make sense? by Anonymous Coward · · Score: 0

      But the judge doesn't cite case law, he cites economic impact. To me it seems he is stepping outside his authority. It is not the judiciary's job to protect against poor decisions just non legal ones.

    4. Re:Yeah - but does the reasoning make sense? by Xiver · · Score: 3, Insightful

      You have no idea what you are talking about. They are preventing any drilling in the GOM for 6 months and each rig costs about $1,000,000 a day to be on site. The rigs will be moved out of the gulf if they are not active. Scheduling a new rig can take as long as 3 years and there are plenty of areas overseas that would love to have them ASAP, so they won't be sitting around doing nothing. Its realatively cheap to run existing wells. The vast majority of work comes from drilling new wells. If that is on hold for 6 months the oil industry in the United States will be devestated, but that seems to be what everyone wants.

      --
      10: PRINT "Everything old is new again."
      20: GOTO 10
    5. Re:Yeah - but does the reasoning make sense? by Trepidity · · Score: 1

      Well, agency decisions interpreting Congressional statutes can't be made for "arbitrary and capricious" reasons. They have to include a reasonable explanation of why the decision was made, and that reason has to be plausibly related to the agency's authority and to the new regulation. That kind of review seems to be what the judge here was issuing the injunction based on: he found that the agency didn't give a reason for this particular moratorium sufficient to justify it, even under the deferential standard of review to which agency decisions are entitled.

      It's not clear whether it'll survive on appeal, though. Agency deference is typically quite deferential: something has to be quite bad before it rises to the level of "arbitrary and capricious".

    6. Re:Yeah - but does the reasoning make sense? by EdIII · · Score: 2, Insightful

      No. His ruling does not make sense. The fact he has an apparent conflict of interest does not make is lapse in judgment any better.

      these accidents don't happen every 15 minutes - those arguing against drilling because of possible second episode are just playing an emotional argument, not a logical one.

      I disagree. It's a perfectly logical one. Here is what the President is saying:

      Press Secretary Robert Gibbs said President Barack Obama believes that until investigations can determine why the spill happened, continued deepwater drilling could expose workers and the environment to "a danger that the president does not believe we can afford."

      Now here is what the Judge and the drilling advocates are saying:

      They argued it was arbitrarily imposed after the April 20 explosion on the Deepwater Horizon drilling rig that killed 11 workers and blew out the well 5,000 feet underwater. It has spewed anywhere from 67 million to 127 million gallons of oil into the Gulf.

      Feldman agreed, writing: "An invalid agency decision to suspend drilling of wells in depths over 500 feet simply cannot justify the immeasurable effect on the plaintiffs, the local economy, the Gulf region and the critical present-day aspect of the availability of domestic energy in this country."

      Arbitrary and Invalid?

      I hardly think so. They are only asking for 6 months, not a permanent ban. Their reasoning is that until we understand exactly why the BOP failed, what policies, methods, and/or procedures failed, we should just stop until we have a clear understanding of how to proceed safely.

      That sounds like a pretty reasonable and logical argument to me. Let's get information to operate intelligently on an ongoing basis in the Gulf. That is not fallacious reasoning, nor it is founded on or subject to personal whims, prejudices, etc. I do not find it to be either despotic, or tyrannical of the President to ask for this. Calling the decision invalid and arbitrary is just adding vitriol and insults to the debate.

      Other than those words....... what reasoning did the dissenters give for continuing? What technical arguments did they make that a BOP failure will not occur like this in the future? Did they say, "Here!! This right here is what BP did wrong. They put Slot A into Tab C. Everybody knows that goes into Tab B. We won't do that, so we will be OK.".

      I see no reasoned arguments provided by the Judge in that article. What I do hear is a lot of gloating by people that are clearly biased, and make claims that the President's logic is faulty, without actually backing that statement up with an analysis supported by facts.

      Like I said, it can't help that the Judge has financial interests with Oil and Gas either. Seriously. I am willing to believe that it is happenstance. If you have money and you live in the South, of course you have some money in Oil and Gas companies. I don't find that suspicious. At the same time I can't blame people having the immediate reaction of claiming corruption either.

      Now you would have an excellent point, a logical and well reasoned dissenting point considering the mood of this thread, if the President asked for a permanent ban and the dissenters provided a plethora of technical evidence supporting their claims of how unlikely it is to happen in the future.

    7. Re:Yeah - but does the reasoning make sense? by Major+Blud · · Score: 1

      Well, it seems to me that the drilling ban simply punishes the rigs that were following the rules and didn't have a catastrophe. Is the Gulf going to be any safer without those rigs drilling? Sure; but it's like banning Ford from making cars because of problems with Toyota accelerators. Sure, removing all cars from the road will make it safer, but what would be the point of roads? Just remove the Toyotas. Oh, and why wasn't there a ban on coal mining after the explosions in West Virginia?

      --
      If you post as Anonymous Coward, don't expect a reply.
    8. Re:Yeah - but does the reasoning make sense? by need4mospd · · Score: 1

      So, I guess the president should have free reign to shut down however many businesses he wants for what ever reason without any sort of "check and balances" or due process of the law. Yeah, I don't see anything going wrong with that at all.

    9. Re:Yeah - but does the reasoning make sense? by Bemopolis · · Score: 5, Insightful

      Oh, and why wasn't there a ban on coal mining after the explosions in West Virginia?

      Maybe because it hasn't been exploding every day for three months and promising to do so for at least another four, affecting the fishing and tourism industries of four states?

      But really, I don't think you want to hitch your rhetorical wagon to Massey Mining. They have more safety violations than BP, and their CEO should be in goddam jail.

      --
      "I guess the moral of the story is, don't paint your airship with rocket fuel." -- Addison Bain
    10. Re:Yeah - but does the reasoning make sense? by Altus · · Score: 1

      So who does have the authority to make a decision like this in a time of crisis? Or is this just one of those things that would take a year or 2 to pass and would never actually get anywhere.

      It seems like someone should. Doesn't the president have a rather large amount of power via executive order? Isn't this the kind of thing that an executive order is used for?

      --

      "In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson

    11. Re:Yeah - but does the reasoning make sense? by mosb1000 · · Score: 1

      They're not closing any active wells. This is a moratorium on new drilling, they have shut down all new drilling operations. It will have a dramatic effect on the economy, because almost all the oil field personnel are employed building new wells, and they will all be out of work for however long the moratorium lasts. It will also be a setback in production down the road, but I guess since you won't see an immediate effect, you probably don't care about that.

    12. Re:Yeah - but does the reasoning make sense? by michael_cain · · Score: 2, Interesting

      They are only asking for 6 months, not a permanent ban.

      Six months is a very long time if you are the owner of one of the drilling rigs. Especially since there are no guarantees about how soon drilling might reasonably resume, or the pace of drilling when it does. Globally, there are other opportunities to rent out the rig. Once activities in the Gulf are shut down, it may take a few years to recover to the current level.

    13. Re:Yeah - but does the reasoning make sense? by sgt+scrub · · Score: 4, Insightful

      I've been waiting for someone to bring up this argument. It is completely flawed. If someone doesn't drill a well the oil doesn't magically disappear. If someone doesn't know how to drill a well without flooding the gulf with it they need to get the fuck out of the business. Another rig will be right behind them. If not, the oil isn't going anywhere.

      --
      Having to work for a living is the root of all evil.
    14. Re:Yeah - but does the reasoning make sense? by HereIAmJH · · Score: 1

      those arguing against drilling because of possible second episode are just playing an emotional argument, not a logical one.

      Ok, how about this; you're free to drill, but we're removing the liability caps.

      While it looks like incompetence caused BP's problem, we aren't sure that there isn't a fatal flaw in the blowout preventers. A drilling ban allows the opportunity to stop the current leak, evaluate the equipment that can't be raised until AFTER the well is sealed, and determine a new inspection regime.

      I personally think the lawsuit was stupid. Take the ban and eat the cost. The American public is in a pretty nasty mood about this, on top of a down economy. No matter how tame, you don't taunt the bear at the circus.

      --
      Another day, another update to a Google android app.
    15. Re:Yeah - but does the reasoning make sense? by Major+Blud · · Score: 1

      You're right, but that's sorta the point I was trying to make. There have been quite a few mining accidents in the past few years, and although they haven't been as devastating to the environment as the oil spill, there have been many more fatalities.

      --
      If you post as Anonymous Coward, don't expect a reply.
    16. Re:Yeah - but does the reasoning make sense? by Isaac-1 · · Score: 0

      Ok, I am blowing my moderator points for this, but there are just too many people here with no idea of what they are talking about. And for the record, I do live in Louisiana, and I know people that make their livings off the oil industry, and I know people that make their living off the seafood industry, etc.

      Thing 1, A deep water drilling rig (note DRILLING RIG, not oil well) costs around 500,000 per day to lease, and about that much again to operate, that operational budget goes to pay the hundreds of skilled workers on board, plus the other hundreds or thousands that are involved in supporting the rig, both on shore and off shore. Multiply this by 31 and you will see how the trickle down of a shutdown will hurt the local economy. This is something that will take years if not decades to recover from.

      Thing 2, Production oil Wells and drilling rigs are not the same thing, Drilling rigs are the factories that make production oil wells (at a typical rate of 2-4 per month). Off shore there may be dozens of production wells that funnel all their oil to one production platform, which then connects to a pipeline to bring that oil to shore. The majority of these production platforms are unmanned 90+% of the time. These production wells may produce oil for many years, but do run out sooner or later.

      Thing 3, As has already been mentioned, once these rigs move away they will not be back in 6 months, not in 1 year, or even 2, or 3. I don't know where you live, but think of what it would be like if one day the President of the U.S. decides to kill your main local industry, without consulting experts, without due process, just because it plays good on TV?

    17. Re:Yeah - but does the reasoning make sense? by unjedai · · Score: 2, Insightful

      but the question still remains. Does his ruling make sense?

      No, the question is, is the moratorium illegal. Not, does it make sense economically, or, is it fair, or, is it logical. Those are not the questions the judge should be deciding. Judges rule on what the law is, so I ask, what law did Obama break when he initiated the moratorium?

    18. Re:Yeah - but does the reasoning make sense? by geekoid · · Score: 1

      There is so much unknown, and the destruction is so high we can not logical use the 'it doesn't happen' often defense. IT's not logical.

      Shut them down, evaluate what needs to change* then implement it. The amount of damage that can be done, and the amount of incompetent surrounding the disaster are good reasons to hold them up.

      *HINT: reliefs should be mandatory

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    19. Re:Yeah - but does the reasoning make sense? by geekoid · · Score: 1

      "r 6 months the oil industry in the United States will be devestated"

      good, maybe they'll actually try do stop fudging regulations.

      The only thing that pisses me off more is the people who hitched the stock wagon to a corporation that whines that the corporations stock my drop. To fucking bad.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    20. Re:Yeah - but does the reasoning make sense? by nacturation · · Score: 1

      So who does have the authority to make a decision like this in a time of crisis? Or is this just one of those things that would take a year or 2 to pass and would never actually get anywhere.

      My understanding is that the decision was made, and the moratorium put in place. Then it was challenged and went before the courts. Seems like the process works as it ought to.

      --
      Want to improve your Karma? Instead of "Post Anonymously", try the "Post Humously" option.
    21. Re:Yeah - but does the reasoning make sense? by shentino · · Score: 1

      An economic impact can be considered damages if it affects your own pocketbook.

    22. Re:Yeah - but does the reasoning make sense? by IICV · · Score: 1

      We need the oil in our tanks, not in our oceans. I don't care if it takes an extra decade, as long as they don't fuck up the Gulf. The only thing that will suffer are the oil companies' ridiculous profit margins, and somehow I find myself at peace with that.

    23. Re:Yeah - but does the reasoning make sense? by MartinSchou · · Score: 1

      Six months is a very long time if you are the owner of one of the drilling rigs.

      And if you're the only manufacturer of asbestos face masks, asbestos diapers, asbestos underwear and asbestos towels, then yeah, six months might be a very long time to wait, while an investigation into why 99% of all of your customers have developed cancers, while the rate in all other demographics is only around 13%.

      But hey - if you make products that turn out to be harmful to the users, then tough shit.

    24. Re:Yeah - but does the reasoning make sense? by SleazyRidr · · Score: 1

      Well, if you wait a few thousand years it'll be more gas then oil, but it'd be nice to think that we could work something out in that time.

      Reminds me of what my mother always says: we shouldn't be mining coal, that's just a waste, we should leave it down there until it turns to diamonds!

    25. Re:Yeah - but does the reasoning make sense? by Anonymous Coward · · Score: 0

      Galveston

  14. Crooked Judge by b4upoo · · Score: 2, Insightful

    Why in the world would a judge hear a case when the outcome could effect his own wealth? Secondly does the judicial branch even have standing to enter the fray when the president makes a decision in time of great national emergency? I would think that even the Supreme Court may lack the authority in this case.
              I can not exactly quote Bill Maher on the lost jobs issue but I will amend it to say that he said stuff your damn job. You people want to destroy the oceans, destroy the forests and completely destroy the Earth. It's time for you absurd red necks to get an education and work in areas that do not destroy nature. His version was much more insulting. But the man does have a point. Whether it is the coal mine areas of our nation or the oil rig areas or the areas being deforested by sprawl and timber harvesting it is not the Ph.D. people that we see doing those tasks. It is left to people who have very rudimentary educations or no education at all. The more we allow them to continue in ways that they have done in the past the more harm will fall upon all of us.

    1. Re: Crooked Judge by Wyatt+Earp · · Score: 2, Informative

      The Judge has the power to decide on things like this because in the United States the President does not have absolute authority over the United States.

      When Katrina hit the Gulf Coast the President of the United States couldn't send military forces and aid to Louisiana because the Governor of that state didn't authorize Federal troops to act in a law enforcement role.

      http://en.wikipedia.org/wiki/Criticism_of_government_response_to_Hurricane_Katrina#Louisiana

      As for this being a "great national emergency", the President has not authorized an exclusion to the Posse Comitatus Act nor has the Attorney General requested that the Secretary of Defense provide emergency assistance if civilian law enforcement is inadequate to address certain types of threats involving the release of nuclear materials, such as potential use of a nuclear or radiological weapon.

      So, the Legislative, Judicial and Executive branches still have separation of powers.

    2. Re: Crooked Judge by Anonymous Coward · · Score: 1, Insightful

      HOLY SHIT!

      You think that the PhDs are less responsible for the environmental impact of these activities than the Blue-collars paid to do it? The white-collars are just as much to blame for buying the gasoline, electric power, steel products, housing paper, etc!

      The reason corporations pay people to do these things is because they can make money doing so. They can make money because people buy their shit, so don't complain about the 'rednecks' that are just trying to get an honest job. Look to yourself and your willingness to get that latte in a paper cup, to grumble about high gas prices, etc. Just because you aren't out there cutting the trees yourself doesn't mean that you are responsible for their destruction when you are buying the stuff being made from those trees. If no one would buy, the tree wouldn't be cut.

      Of all the people responsible for the environmental impact of this stuff the low-level operators are about the least responsible (except that they also contribute to demand).

      Disclosure: I am not a PhD, but I do have a master's and I do not cut down trees for a living, I write code.

    3. Re: Crooked Judge by Anonymous Coward · · Score: 0
    4. Re: Crooked Judge by Anonymous Coward · · Score: 0

      It must be nice for the people who have phds and don't use electricity or gas. Where the fuck do you think these things come from?

    5. Re: Crooked Judge by Anonymous Coward · · Score: 0

      The judicial system upholds the Constitution and rules on the current laws of the country. Of course they have the authority. The president is not the king, and does not have the authority to say "let it be so!", no matter how mad he is.

    6. Re: Crooked Judge by Anonymous Coward · · Score: 0

      George Soros just invested in drilling operations in Venezela. Had the ban held, those rigs would not have been left idle in the gulf...

      I wonder where they would have been redeployed to.... and who would have profited from the ban....

      hmmmm....

      Wasn't Soros a big Oilbama backer?

    7. Re: Crooked Judge by Buelldozer · · Score: 1

      " Whether it is the coal mine areas of our nation or the oil rig areas or the areas being deforested by sprawl and timber harvesting it is not the Ph.D. people that we see doing those tasks. It is left to people who have very rudimentary educations or no education at all."

      Listen to me carefully, there is no debating this, you're a fucking moron. It's unfortunate I have to be insulting but I'm afraid that a gentler response will fail to get your attention.

      YOU.ARE.A.FUCKING.MORON. I hope that's clear.

      There are a LOT of Ph.D. people working in the energy industry. Many of them are, conservatively estimated, 1000 percent smarter than you are. Do you think _million ton_ floating oil platforms that can survive the Bering Sea are built out of tinker toys by unskilled labor from a sketch on the back of a cocktail napkin?

      Energy exploration, extraction, transportation, and refinement are extremely technical in nature. Everyone from the Geologists to the materials engineers, to the Physicists are highly educated. If you can't instinctively grasp this then you have no business posting here, you don't have the brain for it.

      In the end I'm unsure which is the larger moron, you or Bill Maher. Regardless, you're both fucking stupid.

    8. Re: Crooked Judge by dt_aybabtu · · Score: 1

      As you type on your electronic device that is powered by the oil that the "rednecks" help produce! From the investigation information I've read, it is the educated business people from BP who overruled the rednecks when they highlighted some concerns with the drilling conditions.

    9. Re: Crooked Judge by Anonymous Coward · · Score: 0

      " it is not the Ph.D. people that we see doing those tasks. "

      What an elitist, ignorant, asinine post.

      The PhD people probably live in the house powered by electricity from coal. He probably has his meals from food grown on a farm, whose land was once all forest. He probably has a computer, typing on a plastic keyboard, made from oil. He probably was an anti-nuclear activist and a pro-environmentalist, who aided global warming. He probably types his papers in an air conditioned office with that computer, helping to cause a gas turbine to spin up to handle the energy use above the base load of the coal plant.

      And his salary and education, well, probably came from the government or at least heavily aided indirectly in it, who for years got the bulk of their tax revenue from blue collar workers and millionaire industrialists.

      "The more we allow them to continue in ways that they have done in the past the more harm will fall upon all of us."

      When *you* PhDers actually come up with a workable solution, then talk. Because like Billy boy, you're all talk. Wasn't there a fun earlier /. story about how there are 13,000 more disease and cures in the health field that is now driving the US economy into the pits? Seems you're part of the problem, coming up with solutions slower than the rate of the problems the earlier solutions caused. "We" call that slacking and not living up to your potential.

      Your post is full of "them" and "those people." Clearly, you are not educated nearly enough to understand what the hell you are talking about, trying to separate the population up--what a little coward you are.

      Then again, you did quote Bill Maher, who while an intelligent person, is an off the wall nutcase who doesn't take full consideration of what he speaks.

    10. Re: Crooked Judge by mandolin · · Score: 1

      Why in the world would a judge hear a case when the outcome could effect his own wealth?

      Not to distract from the topic at hand, but you do not appear to be familiar with the rich history of Louisiana politics. Try googling "Louisiana political corruption". (some of the links do say they've been getting sick of it post-Katrina.)

    11. Re: Crooked Judge by Anonymous Coward · · Score: 0

      Wow...you're right. In times of "emergency", we should just dismantle the government altogether and just declare the President Dictator. And when HAVEN'T we been in some so-called "emergency" or other?

      As for your second paragraph, that was one of the most arrogant, elitist things I've read in a while. Congrats.

    12. Re: Crooked Judge by downhole · · Score: 1

      I won't bother ripping the moronic ideas, the complete ignorance of reality, or the grating elitism in this post, since that's already been taken care of. But I will point out the extreme political bias - betcha anything that if any Republican was President, the very thought of saying that nobody should dare to question the decisions of a President in a time of "great national emergency" would be the cue for torrents of ridicule and comparisons to Nazis and other totalitarian dictators. But when one of your boys is in office, it turns out that dictatorship is actually pretty neat, and you'll accuse anyone opposed to it of racism, sexism, homophobia, being paid off by "industry", or anything else that has the slightest chance of sticking.

      That's what I hate the most about politics. For a surprising amount of people, there aren't really any principles, there's just the desire to get as much power as you possibly can for your party, no matter what. Anything the other party does, you'll find some reason to oppose, and anything your party does, you'll find some reason to justify. Even if you have to take completely opposite stances on the same issue. Isn't there anyone out there who doesn't want the Republicans OR the Democrats to become virtual kings?

      --
      I don't reply to ACs
  15. not a problem by SoupGuru · · Score: 5, Insightful

    I honestly don't think this will be much of an issue. You've seen what happened to BP. If you're a deep water drilling company and you don't have all your ducks in a row after that, you're an idiot. So Obama's reasoning for the moratorium, until the safety measures can be re-evaluated, is redundant because these companies had better be at the forefront of responsibility without further external incentives.

    Kind of like how Ford, GM, and Honda were probably double and triple checking their acceleration systems after Toyota's little stint in the headlines recently.

    --
    What doesn't kill you only delays the inevitable
    1. Re:not a problem by interkin3tic · · Score: 2, Insightful

      If you're a deep water drilling company and you don't have all your ducks in a row after that, you're an idiot. So Obama's reasoning for the moratorium, until the safety measures can be re-evaluated, is redundant because these companies had better be at the forefront of responsibility without further external incentives.

      Incentives being in place failed to prevent this in the first place, why would you assume they'll prevent another case? It was clearly in their interests to do that before. BP going bankrupt because of this is not surprising. Yet that apparently didn't stop BP from cutting corners everywhere they could, gambling with not only the investors' money, but the entire gulf region as well. It's not like the big investors and executives are going to see any negative consequences of BP going under. I see no reason to assume that oil companies have suddenly wised up since they should have before. The other guys had the exact same plans in place to deal with this.

      Regulations may actually be enforced now, which may help and might have prevented this, but the oil companies seem to have neutered the regulators if not actually achieved regulatory capture, and as I said earlier, their interests have not changed.

    2. Re:not a problem by hondo77 · · Score: 2, Insightful

      If you're a deep water drilling company and you don't have all your ducks in a row after that, you're an idiot.

      Are actually assuming that there is a shortage of idiots?

      --
      I live ze unknown. I love ze unknown. I am ze unknown.
    3. Re:not a problem by h4rr4r · · Score: 2, Insightful

      What happened exactly?
      They lost less than the amount of money they make in a year. I fail to see how anything bad really happened. If anything BP will do this again since the cost of doing it right may well be higher.

    4. Re:not a problem by SoupGuru · · Score: 1

      I'm just saying that if another company doesn't swap those BOP batteries out on schedule and cuts corners like BP did and there's another blowout in the next couple of decades, people will come after them with pitchforks. Literally. Well, not literally pitchforks necessarily, but those executives will probably be hiring a few more bodyguards.

      --
      What doesn't kill you only delays the inevitable
    5. Re:not a problem by rev_sanchez · · Score: 2, Insightful

      I don't support a moratorium because the other off shore drillers are likely to repeat what is clearly starting to look like shoddy work by BP. I think we need this break to rebuild the Minerals Management Service so they can do a better job regulating these drilling operations. It's starting to look like this disaster is another example of how industry can't regulate itself. The theory was that the financial industry and others wouldn't take on ridiculous risks and cut corners to make a little more money but just isn't the case.

      We've spent far too long with a government that didn't believe in governing and every regulation they couldn't scrap wasn't enforced by people who were either intentionally incompetent (Brownie'd) or people who were on a revolving door situation with the industry they were tasked with regulating.

      We'll be a generation cleaning up this mess and these disasters aren't over.

      --
      If you didn't come to party don't bother knocking on my door. Prince '1999'
    6. Re:not a problem by geekoid · · Score: 4, Insightful

      Fallacy. You assume there is just a single point of failure. There was not.

      Something is wrong with the current way of doing business.

      Something is wrong with current drilling methods in US shores.

      Something is wrong with disaster recovery.

      Going about business as usual without identifying what is wrong ion all those process is fool hardy.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    7. Re:not a problem by vcgodinich · · Score: 1

      It is a problem because the drill ships will leave. They have multiyear contracts and places like Africa and Brazil are already buying them. This morning NPR reported that 9 of about 50 or so ships have already left the gulf, not to return for years.

      The car example (yuck) is a good example of industry self regulation, it didn't take Obama arbitrarily closing down all us car manufacturing for 6 months for the big companies to learn that recalls (and oil spills) are expensive and should be avoided.

    8. Re:not a problem by shutdown+-p+now · · Score: 2, Insightful

      I'm just saying that if another company doesn't swap those BOP batteries out on schedule and cuts corners like BP did and there's another blowout in the next couple of decades, people will come after them with pitchforks.

      They didn't come after BP "with pitchforks", despite this being eerily similar to Ixtoc. What makes you think that story won't repeat in 30 more years?

    9. Re:not a problem by Anonymous Coward · · Score: 0

      Something is wrong with your post. I don't care to elucidate.

      Now is that insightful?

  16. Why write "holds stock"? by Anonymous Coward · · Score: 0

    He held stock in 2008, which is clear from even the most superficial glance at the document. Why write "holds stock"?

  17. The Judge used a computer by Anonymous Coward · · Score: 0

    That's the slashdot angle.

  18. Why is this under "hardware"? by Samrobb · · Score: 0

    Oh - it was posted by kdawson. Nevermind.

    --
    "Great men are not always wise: neither do the aged understand judgement." Job 32:9
  19. I wonder what that cost by Anonymous Coward · · Score: 0

    A Federal judge... I wonder what that cost the oil companies.

  20. The Economist's opinion by PCM2 · · Score: 2, Interesting
    Interestingly enough, I just read an editorial about Obama v. BP in this week's issue of The Economist. The subheading: "America's justifiable fury with BP is degenerating into a broader attack on business." Some choice quotes:

    Mr Obama decided to "inform" BP that it must put adequate funds to meet all compensation claims into an escrow account beyond its control, although he has no authority to do so. Nancy Pelosi, the speaker of the House of Representatives, instructed it not to pay a dividend until all claims tied to the spill are settled. Her fellow Democrats in Congress are trying to raise BP's liability retroactively--the sort of move America's courts rightly frown on. Mr Salazar, on even thinner legal ice, suggested that the government would hold BP accountable not just for the harm directly done by the spill, but also for the jobs lost in the oil business thanks to the freeze on oil drilling in deep water that he himself has imposed.

    The magazine frowns upon all these things and it makes some sense. If, as The Economist suggests, BP's value has already dropped by $89 billion and that's "far in excess of all but the most dire forecasts of the ultimate costs of the spill," what is to be gained by all this backlash against the oil industry but a bunch of political posturing?

    News flash: The United States is still inexorably reliant on its oil industry. If the Obama administration wants to do something about future oil disasters, maybe it should think more seriously about that and what can be done about it. Also, had government done a better job of regulating the oil industry in the first place, BP's shoddy practices might not have gone unchecked and this disaster might never have happened.

    --
    Breakfast served all day!
    1. Re:The Economist's opinion by boombaard · · Score: 1
      See The Economist Off the Deep End on BP and “Vladimir Obama” and On the Curious and Misguided Defenses of BP for a nice rebuttal of the Economist's idiotic arguments:

      The Economist has a pathetic leader this week criticizing Obama for hammering BP and raising the ridiculous idea that his corporate-friendly administration is anti-business.
      It actually (really!) calls the president “Vladimir Obama” and writes:
      The collapse in BP’s share price suggests that he has convinced the markets that he is an American version of Vladimir Putin, willing to harry firms into doing his bidding.
      The normally sober Economist has gone off the wagon here.
      First, it knows better than to “suggest” what “the markets” think. Second, that blew up in its face rather quickly. Instaputz points out that BP shares soared 10 percent on news of the $20 billion fund the Economist’s spin here is obnoxious. If anything ends up ruining BP, it will have been its own actions. Go read this The Wall Street Journal piece for a look at the company’s negligence.
      And BP should have to pay for all the associated costs of its actions, not just the actual bill for cleaning up the oil.they will be very, very costly.
      Moreover, a company’s market capitalization is based on expectations for future earnings. This disaster will surely make it harder for BP to get drilling rights that investors expected it to have just two months ago. The political climate for offshore drilling has just undergone a seismic change.
      Another big factor in BP’s share decline is pure uncertainty. Investors don’t like it. Right now, the only thing certain is that BP’s hole is going to be spewing toxic oil into the Gulf of Mexico for at least another two months

    2. Re:The Economist's opinion by bendodge · · Score: 0, Flamebait

      News flash: The United States is still inexorably reliant on its oil industry. If the Obama administration wants to do something about future oil disasters, maybe it should think more seriously about that and what can be done about it. Also, had government done a better job of regulating the oil industry in the first place, BP's shoddy practices might not have gone unchecked and this disaster might never have happened.

      You have too much faith. Sadly, Obama's administration cares nothing about future oil disasters. The point is that one should never let a crisis go to waste.

      --
      The government can't save you.
    3. Re:The Economist's opinion by Dues · · Score: 1

      "had government done a better job of regulating the oil industry in the first place, BP's shoddy practices might not have gone unchecked and this disaster might never have happened."

      And had the girl not worn slutty clothes to the bar, maybe she wouldn't have gotten raped.
      Blaming the victim is NOT the right answer.

    4. Re:The Economist's opinion by Chris+Burke · · Score: 4, Insightful

      The magazine frowns upon all these things and it makes some sense. If, as The Economist suggests, BP's value has already dropped by $89 billion and that's "far in excess of all but the most dire forecasts of the ultimate costs of the spill," what is to be gained by all this backlash against the oil industry but a bunch of political posturing?

      If a reduction in market capitalization was an actual expense for BP, this would be a moderately reasonable point.

      Since that's absolutely not the case, then the point of the backlash is to ensure that BP actually pays the price for the spill, with the result that they and other companies are actually driven to improve their safety procedures and more importantly follow those procedures that they already should have been.

      All that $89 billion means for BP is that they're a somewhat easier target for a stock buyout. It means that the fraction of their own stock that they own is less valuable, so if they were planning on any acquisitions using stock it's going to be more costly as long as the stock price is low. It means anyone who plans on cashing out their holdings in BP right now will make less money. It's not insignificant from a larger corporate strategy perspective, but it's actual impact to BP is nothing like what an actual $89 billion actually suggests.

      Shame on The Freaking Economist for suggesting otherwise.

      News flash: The United States is still inexorably reliant on its oil industry. If the Obama administration wants to do something about future oil disasters, maybe it should think more seriously about that and what can be done about it.

      Like developing alternative energy sources from solar to nuclear, and encouraging the development and adoption of fuel efficient and preferably electric vehicles? Yeah, that's being done. I'm sure more can be done. I'm all for it. I hope you are too.

      Also, had government done a better job of regulating the oil industry in the first place, BP's shoddy practices might not have gone unchecked and this disaster might never have happened.

      Yes, that's very true. Who would have thought that doing everything possible to deregulate, and the underlying philosophy that regulation is unnecessary, would result in insufficient regulatory action?

      Unfortunately firing the new MMS head for not cleaning up the cesspool of corruption and deliberate inefficacy that she inherited was only just the beginning of a long, long road to fixing this.

      --

      The enemies of Democracy are
    5. Re:The Economist's opinion by PCM2 · · Score: 1

      It's fair criticism. If The Economist is guilty of anything, I'd say it's that it too often wants to be seen to be "taking a hard line" on both sides of an issue, as it seems to have done here. The result is "leaders" that often seem to lead nowhere.

      But your rebuttal's last point -- "So, it's in one of the most regulated industries, but at the same time, regulators are responsible for its actions because they didn't regulate? Huh?" -- is off base. The Economist editorial quite clearly states, "BP operates in one of the most regulated industries on earth with some of the most perverse rules, subsidies and incentives" (emphasis mine). Just because an industry is highly regulated doesn't mean it is well regulated, and I cannot believe the oil industry is truly well regulated when so many politicians have such close ties to it.

      The fact that BP's stock rose on the announcement of the $20 billion fund suggests to me, at least, that BP's investors desperately want it to appease the politicians that are now clamoring for blood. The Economist's main point is that retroactively trying to extract a pound of flesh from BP now, only when Congress is forced to admit that the penalties and checks it earlier put in place are insufficient, seems unjust. Government has to take at least some of the blame.

      On the other hand, BP's evasiveness throughout the debacle does it no credit.

      --
      Breakfast served all day!
    6. Re:The Economist's opinion by abigsmurf · · Score: 1

      Your analogy is false and stupid.

      The government aren't the girl being raped. They're the father, telling the girl that there's nothing wrong walking alone down a darkened alley in a high crime area late at night. Sure, the rape wasn't the father's fault but that doesn't stop him being a pretty lousy father who did nothing to ensure his daughter's safty.

      For a more apt analogy. If the government was to sack every police officer within 100 miles of you, would you be ok with that? Afterall, it's not the government who would then start embarking on a crime spree.

    7. Re:The Economist's opinion by thestudio_bob · · Score: 1

      Also, had government done a better job of regulating the oil industry in the first place, BP's shoddy practices might not have gone unchecked and this disaster might never have happened.

      Glad you brought this up. I think this has been the main problem in government for the past 20-30 years. We actually have a gazillion saftey rules for various industries, but the weakest link has always been enforcing and making sure these rules are followed. Our government needs to start bitch slapping this guys who are supposed to be checking up on these industries and make sure they also are punished if disasters like this happen. I nice 5-20 year federal jail sentence for major disaster under their watch might make them think twice before taking that nice trip to the Bahamas or snorting that line off a hooker.

      We need something to start regulating these regulators.

      --
      The real Sig captains the Northwestern. This one captains /.
    8. Re:The Economist's opinion by geekoid · · Score: 1

      The Economist does not suggest. The editorial does. And it's so slanted it made me nauseous.

      IF they had reasonable procedure in place, the shoddy business practices would have been mitigated.
      However the previous administration decided the industry can regulate itself.

      BPs stock will be fine. They have made more the 20 billion in profit this year already. anyone who thinks s this will have any serious long term impact on BP's stock is deluded.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    9. Re:The Economist's opinion by Anonymous Coward · · Score: 1, Interesting

      ">News flash: The United States is still inexorably reliant on its oil industry. If the Obama
      >administration wants to do something about future oil disasters, maybe it should think more
      >seriously about that and what can be done about it.

      Like developing alternative energy sources from solar to nuclear, and encouraging the development and adoption of fuel efficient and preferably electric vehicles? Yeah, that's being done. I'm sure more can be done. I'm all for it. I hope you are too."

      "Being done?" I'm sorry, but what's being done, and the history of what's been done, is a fricking joke! John Stewart had a great presentation on the Daily Show on June 16th. Go look it up if you want a laugh. It was a nice montage of 8 previous presidents pointing out the "oil problem" and their solutions and deadlines, all which amounted to no real progress on the problem (see below). It was a bunch of empty political promises and a drop in the bucket, which anybody in the energy business already knows to be the case. You could add up the sum total of all the new renewable energy projects and even new nuclear projects in the last 10 years and it wouldn't be 5% of the energy supplied by oil.

      Meanwhile the domestic oil production in the USA keeps on declining inexorably as it has since the 1970s, the demand for oil keeps going up, more gets imported, and everyone acts as if what's being done with alternative energy is enough and constitutes "progress" towards a solution. IT ISN'T. The US uses ~20 million barrels/day, produces about 7 million, and it imports the rest. That ratio has gotten worse *every*year* for more than 30 years. You're heading in the wrong direction. You're supposed to be decrease reliance on imported oil, not increase it. And putting the deepwater Gulf Coast in moratorium will only make things worse.

      All the "hope" and wishing in the world about alternatives isn't going to make any headway against that. Heck, the USA can't meet the modest goal of stabilizing its ever-increasing demand and ever-increasing imports of oil. If it can't even do that (short of causing a banking disaster that stifles the economy), then how on Earth could the USA ever make a significant dent in the problem and actually start decreasing total oil consumption and imports?

      The US needs to finally get serious about this issue and stop fooling around with mere enthusiasm for token amounts of alternatives, or setting useless political deadlines 20 or 30 years in the future instead of doing something bold in 10 years. It's time for a JFK-style "before this decade is out" effort, or the USA is never going to make real progress. And heaven help the USA when (not if) global oil production starts to go into decline too. Then you'll face the challenge of decreasing oil consumption by a percent or two a year the HARD way.

      I'm sorry to be so harsh, but I'm really sick of hearing the enthusiastic claim that progress is being made. I'm enthusiastic too, but I'm also realistic: no, it's not enough. Not even close. If it's not even enough to offset the increase in oil demand, then it's like bailing out the Titanic with a bucket and saying "Well, at least it's progress." It may be progress in theory but it is not in quantity.

    10. Re:The Economist's opinion by Anonymous Coward · · Score: 0

      All that $89 billion means for BP is that they...

      Who is "they"? The $89 billion was the stockholders' money. It's now gone, same as if BP had paid an $89 billion fine.

    11. Re:The Economist's opinion by Prof.Phreak · · Score: 1

      hate to break it to you, but that "$89 billion lost" includes a hefty portion of "future growth" assumption. e.g. how optimistic you are about BP's future. it's a made up number by crowds on wall st.

      BP haven't ``lost'' $89 billion---they never had it.

      --

      "If anything can go wrong, it will." - Murphy

    12. Re:The Economist's opinion by Kohath · · Score: 2, Interesting

      All that $89 billion means for BP is that they're a somewhat easier target for a stock buyout.

      Tell that to the shareholders who lost $89 Billion. Just because you don't understand this loss doesn't make it any less real to the people who used to own something valuable and now they no longer do.

      Like developing alternative energy sources from solar to nuclear, and encouraging the development and adoption of fuel efficient and preferably electric vehicles?

      The President develops energy sources now? How does he find time to do all that scientific work and still fit in so many parties and rounds of golf?

      Also, alternative energy sources are still so economically inferior to petroleum that we could have a spill like this every summer, make oil companies pay double for each cleanup, and the alternative sources still couldn't compete. Alternative energy is just another way of saying "please let me pay 5-10 times as much for energy". Electric cars are similarly limited in comparison to real cars. As a real product, they don't make sense. They're more understandable as an environmental religious sacrifice or some kind of green asceticism.

      Who would have thought that doing everything possible to deregulate, and the underlying philosophy that regulation is unnecessary, would result in insufficient regulatory action?

      Where has it been shown that regulations would have made any difference? Eleven guys were killed in the explosion. You think they care more about what some bureaucrat says than whether they live or die?

    13. Re:The Economist's opinion by Anonymous Coward · · Score: 0

      You can't pay the damages of the spill with a drop in stock prices, even if the drop is really huge. You see, it's not real money and it can't be directed to repair the damage. That's why it's completely irrelevant here.

    14. Re:The Economist's opinion by MartinSchou · · Score: 1

      Tell that to the shareholders who lost $89 Billion.Well, here's the thing about stocks: They aren't money, and they aren't guaranteed to maintain or even increase in value.

      These shareholders obviously chose to invest in BP (directly or indirectly through 401k etc.). By having shares, they had a say in how operations were run, but obviously there was a bigger interest in making money quickly, than making money safely.

      This turned out to be a bad idea, and now they are paying the consequences. Granted, I wouldn't be surprised if some people lose everything because of this entire situation, but who is really to blame? The government saying "you break it, you buy it", or the company (including shareholders) who said "fuck it, it's cheaper to ignore the problems". Keep in mind that BP managed to have almost 100 times as many egregious safety violations as number two on that list.

      Should the people who invested money in asbestos companies really blame the government for putting health before money? How about the ban on Radium-enriched products? I'm sure a lot of people lost money in the market, when those things turned out to be hazardous and even lethal.

    15. Re:The Economist's opinion by Chris+Burke · · Score: 1

      Tell that to the shareholders who lost $89 Billion. Just because you don't understand this loss doesn't make it any less real to the people who used to own something valuable and now they no longer do.

      Most investors already understand the difference between a loss of market value and an actual loss, so maybe you should be asking them to clue you in. Here's a quick hint, though, as to one of the differences: Unless BP starts posting real losses, then their stock will recover and every investor who didn't liquidate while the stock was low will have lost nothing.

      The President develops energy sources now? How does he find time to do all that scientific work and still fit in so many parties and rounds of golf?

      That's an interesting question. It makes me wonder: Are you pretending not to understand the difference between a loss of market value and actual expenses just like you're pretending not to understand that we're talking about energy policy?

      Also, alternative energy sources are still so economically inferior to petroleum that we could have a spill like this every summer, make oil companies pay double for each cleanup, and the alternative sources still couldn't compete. Alternative energy is just another way of saying "please let me pay 5-10 times as much for energy".

      Please. Alternative energy would already be economically viable if we gave them the same assistance we do to oil. It's already viable in many places with no assistance at all.

      Actually making oil companies pay the full price of their environmental damage? Ha! You'd be gagging for any alternative in a week!

      Electric cars are similarly limited in comparison to real cars. As a real product, they don't make sense. They're more understandable as an environmental religious sacrifice or some kind of green asceticism.

      They make great sense for anyone who isn't regularly traveling great distances. Gas cars will still exist for those times where its needed.

      Where has it been shown that regulations would have made any difference?

      Effective regulation at any one of the steps where BP decided to cut corners might have prevented this spill.

      Of course, to have effective regulation, you have to not gut the regulation, and not run the regulatory body under the assumption that regulation itself is bad and collusion with the industry is good.

      Eleven guys were killed in the explosion. You think they care more about what some bureaucrat says than whether they live or die?

      "They", as in the ones who make decisions, don't give a flying fuck about the lives of "they" as in the workers who died. Just like they don't give a fuck about the environment, or the non-oil economy of the Gulf. That's why they cut corners that could result in the damage they did.

      What they care about is the bottom line and their own asses. So yes, if a bureaucrat says "You are going to lose billions of dollars in future oil revenue if your rig doesn't pass a real inspection" they are going to care way more about that than mere loss of (not their) life.

      --

      The enemies of Democracy are
    16. Re:The Economist's opinion by Kohath · · Score: 1

      Unless BP starts posting real losses, then their stock will recover and every investor who didn't liquidate while the stock was low will have lost nothing.

      That's the same as saying the stock will be at a different price sometime in the future. Of course it will. That price will either be higher or lower. No one knows. The price right now is off $89 Billion. That's the only real price. All other prices are not real. You are arguing about a price that isn't real.

      Investors who think their emotions or feelings make up for price discounts are bad investors and end up taking extra losses because they refuse to look at reality.

      Alternative energy would already be economically viable if we gave them the same assistance we do to oil.

      Fantasy again. In some world other than the real world where we really live, alternative energy makes sense.

      I can't really argue with that. Have fun riding that flying unicorn.

  21. Walruses by mdsolar · · Score: 1

    It seems to me that any permit in the Gulf that mentioned protecting walruses should be declared defective and fraudulent and canceled immediately without compensation with criminal prosecution to follow. Enjoin that.

    1. Re:Walruses by bdleonard · · Score: 1

      You've got it all wrong. In the two months since the Gulf accident, not one single walrus has been harmed by the leaking oil. Clearly, the walrus protection plans are 100% effective!

  22. Why should it? It certainly is screwing things up by Shivetya · · Score: 0

    I do not see why the Federal Government should get the last word. If anything Obama's handling of this disaster is itself a disaster. Garnering political favor (shipper unions) in refusing to accept aid from foreign nations who have the ability to help (Netherlands in particular) by refusing to lift the Jone's Act which prevents non American crewed ships from operating in our waters. Bush immediately lifted the act in face of Katrina, where Bush ran into problems is that the some states, in particular Louisiana, refused Federal assistance except in very tightly controlled situations. Hell we even had a city practically thumb its nose at the Federal government and I dare say it was totally motivated by politics.

    Now we have a Federal Government actively standing in the way of states trying to prevent an ecological disaster while at the same time using the same disaster as a means to eventually forever block drilling. We drill deep because its about the only place we can after being driven offshore. Other nations will drill what we won't so it would be best to do so with our people and our rules. Applying blame with reckless abandon over an entire industry is childish. You can damn well bet the other drillers are working hard to prevent a repeat; it just is too costly to good business to be wrong. No, we now have a Federal government with a commission of drilling haters who will "decide" what can and cannot be done yet the people chosen speak of the rules before anything is discussed.

    If anything, just like Katrina, this has proven there are disasters and their are opportunities beyond the power of the government. The government is not the end all solution that some want it to be, so what do they do? Prevent people from proving it.

    --
    * Winners compare their achievements to their goals, losers compare theirs to that of others.
  23. Drilling apparatus' will go elsewhere. by gebbeth · · Score: 2, Insightful

    The drilling rigs are not cheap. Having them sit idle will cost millions and millions of dollars. There is demand for them elsewhere in the world. They will contract out to other companies operating in other countries. When the moratorium is lifted in 6 months, there won't be any available rigs to be had which means no jobs either.

    --
    A closed mouth gathers no foot.
  24. Yeah? by twoallbeefpatties · · Score: 1

    If you look at the economic impact of the President's decision - it's just as much of a catastrophe for the region as the Oil!

    Oh yes, if you look at the impact of potentially wrecking the fishing and tourism industries of a thousand lines of coastline and compare that to the 6-month delay of constructing a number of new wells that equal about a percentage point of the wells currently out there, you'll find that they're absolutely equivalent catastrophes! Totally the same!

    --
    Libertarians somehow believe that private businesses should be stronger than governments but weaker than individuals.
  25. Re:I'm fine with this ruling... by SebaSOFT · · Score: 1

    Dude, are you for real?
    Do you know how much this ONE blowout will cost to everyone, including you? Do you really know?

    Those employees can look for another job, but we just can't look for another planet, alright?

  26. TL;DR: The Key Sentence in the ruling by Alaska+Jack · · Score: 3, Interesting

    From page 20:

    The Court cannot substitute its judgment for that of the agency, but the agency must "cogently explain why it has exercised its discretion in a given manner" (State Farm, 463 U.S. at 48). It has not done so.

        - AJ

  27. okay with me as long as by si3n4 · · Score: 1

    okay with me - promise no more pictures of dead birds and sad fishermen if another one goes just as they get this one stopped . It seemed kind of obvious that the regulators of this enterprise were as rotten and deficient as any in the government and we have absolutely no assurance anything out there in the terribly remote deep gulf can be known to be built to reasonable standards until someone looks . 6 months to try to finally take a look at where we are now seemed pretty minimal to me . Clearly Obama should have thought of this before supporting more of the same - thought the quality of the financial regulators might have clued him in . Oh well - maybe having the gulf coated with oil will slow water evaporation and reduce hurricane severity this year

  28. Obama Knew About Deepwater Horizon 35,000 Feet by Anonymous Coward · · Score: 0

    Well Bore.

    Change That DOESN'T Matter !!

    Yours In Kranoyarsk,
    Kilgore Trout

  29. Other oil companies eager to join BP? by amorsen · · Score: 1

    It seems like the other oil companies are eager to join BP in the public relations garbage can. We have seen no other companies step up and say they will review their own safety procedures, despite lots of evidence that the others are almost as bad -- or worse and luckier, who knows since inspections are obviously not finding what there is to find?

    --
    Finally! A year of moderation! Ready for 2019?
  30. Re:Why should it? It certainly is screwing things by Volante3192 · · Score: 1

    Our rules got us into this mess.

    Maybe if we required redundant BOPs with an acoustic shutoff...course, if that was the case we likely wouldn't be having this discussion.

  31. Re:I'm fine with this ruling... by GeneralEmergency · · Score: 0, Flamebait

    Next to what Obama has saddled both you and I with skyrocketing national debt, this will cost me very little.

    The Mississippi River pours as much water into the Gulf of Mexico in -38 seconds- as the BP oil leak has done in two months.

    You are displaying classic liberal exaggeration syndrome.

    Perhaps you would be more comfortable running in circles, loosing feathers, clucking "The Oil is FALLING! The Oil is FALLING!".

    Grow up. Travel some. Learn that numbers mean things.

    --
    "A microprocessor... is a terrible thing to waste." --
    GeneralEmergency
  32. Big picture. by AnonymousClown · · Score: 1

    Just that the moratorium will likely have significant impact on the Gulf economy, and that the state of Louisiana's concerns are quite valid, and that the Federal government's dismissal of them here is misleading and likely inaccurate.

    That's the thing: I don't know enough about the Gulf economy to say, but all things considered over the long term, fishing shrimping, tourism (have to include Florida on this one ), possible health consequences to the population, and every other thing that matter to an economy (I'll skip the "worthless" wildlife that offers no economic benefit to the region), will this moratorium really have that much of an effect on the economy? And if you consider the region wide damage, what are the net costs - meaning, after this spill, how long before the regions economy is back in the black? Tourism in that area is going to be affected until tarballs stop washing up on shore and I'm afraid, the Gulf fisheries are going to be going through some horrible times - fishermen on Government assistance (being paid to sit home).

    We really need to think of the big picture here.

    --
    RIP America

    July 4, 1776 - September 11, 2001

    1. Re:Big picture. by Zerth · · Score: 1

      Fortunately, there aren't a lot of Gulf fisherman, compared to the other coasts. Shrimpers and clammers, though, are screwed.

    2. Re:Big picture. by Itchyeyes · · Score: 1

      Well, I can think of several ways of looking at this. As to the question of whether to moratorium will have a significant impact on the regions economy, I think the answer is an unequivocal yes. Estimates seem to vary, but from what I can turn up, the oil & gas extraction industry makes up somewhere between 10% to 15% of Louisiana's GDP (though what the ratio of onshore to offshore is I can't say). Also, we have to keep in mind that whether or not the moratorium gets enacted has little to no impact on how quickly the current BP spill gets contained and cleaned up. So all your points about other industries are, mostly, moot. Those industries are hurt by the BP spill whether other companies are allowed to continue drilling or not.

      Now, I say "mostly moot" because there is one instance in which continued drilling in the gulf would effect those industries, and that's in the case that there is another spill. So I think the key factors that need to be considered are: how much damage a moratorium does to the local economy, the likelihood of a second spill during the next several months (and how much that likelihood can be reduced through simply properly enforcing existing regulation), and the potential damage to the local economies in the event of a second spill.

      Personally, I think that the likelihood of a second spill is incredibly small, especially with proper enforcement of existing regulations, and that likely tips the scales towards drilling. That said, I'm not the one making the decisions. I think that there's a tremendous temptation for our leaders to err on the side of caution, as I certainly would not want to be the guy who said "go ahead and drill" in the event that there is a second spill, no matter how small that likelihood might be.

    3. Re:Big picture. by roc97007 · · Score: 2, Insightful

      > So I think the key factors that need to be considered are: how much damage a moratorium does to the local economy, the likelihood of a second spill during the next several months (and how much that likelihood can be reduced through simply properly enforcing existing regulation), and the potential damage to the local economies in the event of a second spill.

      Right. This is an excellent example of "managed risk". Impact of not drilling, vs likelihood of another blowout, vs impact of another blowout. If the first part is big enough, and the second part is small enough, it might make sense to risk the third part. How many years ago was the last deep sea blowout? What is the real probability of it happening again in the next six months?

      It's a tricky equation which probably can't be solved (correctly) by big emotional gestures.

      --
      Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    4. Re:Big picture. by AnonymousClown · · Score: 1

      So I think the key factors that need to be considered are: how much damage a moratorium does to the local economy, the likelihood of a second spill during the next several months (and how much that likelihood can be reduced through simply properly enforcing existing regulation), and the potential damage to the local economies in the event of a second spill.

      There you go - somehow you figured out what I was trying to get at when I was have trouble expressing it. Oy! Afternoon slump!

      That's what I was trying to say: drilling needs to stop to get a handle on exactly what happened. Someone somewhere wasn't following the regulations and laws and this is what happened. And until the issues are completely cleared up, it is quite possible that this will happen again. And if it does, I really think the local economy will be hurt badly enough that it will take decades to come back if, at all. Then there's the fact that the political fallout will cause an obscene amount of unnecessary and wasteful regulation.

      The drilling industry really needs to stay low and voluntarily stop drilling in light of this judges decision.

      --
      RIP America

      July 4, 1776 - September 11, 2001

    5. Re:Big picture. by Bill_the_Engineer · · Score: 1

      Estimates seem to vary, but from what I can turn up, the oil & gas extraction industry makes up somewhere between 10% to 15% of Louisiana's GDP (though what the ratio of onshore to offshore is I can't say).

      Why should I give a rat's ass about Louisiana? They are only looking out for themselves and completely disregard the economic damage that allowing deep water drilling off their coast has done to the neighboring states. Florida even went through the trouble of banning off shore drilling and they too must suffer from the petroleum industry's hubris.

      Also, we have to keep in mind that whether or not the moratorium gets enacted has little to no impact on how quickly the current BP spill gets contained and cleaned up. So all your points about other industries are, mostly, moot. Those industries are hurt by the BP spill whether other companies are allowed to continue drilling or not.

      Except the petroleum industry is looking for a way off the hook. All of the petroleum companies drilling in the region shared the same bogus emergency response plan. Now we are expected to believe that BP is the exception not the rule. Don't let the pesky facts that drilling is contracted out to companies like Transoceans who own the drilling rigs, and Halliburton who constructed the cement oil-well casing. BP happened to be the one paying the contractors this time.

      Just because petroleum companies have the luxury of continuing operations despite the environmental impact, doesn't mean we have to expedite their desire to have to moratorium lifted. I know a lot of shrimpers, condo time sharers, restauranteurs, oyster men, charter boat captains, and the huge number of people who have jobs performing within or supporting the hospitality industry on the gulf coast who wish they could simply go back to work.

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    6. Re:Big picture. by Bill_the_Engineer · · Score: 1

      It's a tricky equation which probably can't be solved (correctly) by big emotional gestures.

      What you call big emotional gestures is what I call an appropriate response. People outside of the petroleum industry (including myself) did not want these deep water wells. Unfortunately for my neck of the woods, the US just can't control its energy consumption and since most people in the north, west, and mid-west kept saying that domestic oil production should stay out of their backyards that left us on the gulf coast assuming all the environmental risk for the nation's unquenchable appetite for fossil fuels. Hell I've even heard a presidential campaign slogan for the solution for all of our energy problems.. what was it? Oh yea.. Drill baby drill with the subtext "but not in my backyard".

      Luckily for the US, Louisiana and Texas are big oil states and would gladly sell their first-born son for the chance to make money with petroleum.

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    7. Re:Big picture. by roc97007 · · Score: 1

      ....like that one.

      --
      Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    8. Re:Big picture. by Anonymous Coward · · Score: 0

      So lets see...

      I know a lot of shrimpers, condo time sharers, restauranteurs, oyster men, charter boat captains, and the huge number of people who have jobs performing within or supporting the hospitality industry on the gulf coast who wish they could simply go back to work.

      Do you actually care about these people you mention?

      Why should I give a rat's ass about Louisiana? They are only looking out for themselves and completely disregard the economic damage that allowing deep water drilling off their coast has done to the neighboring states.

      Or are you simply some ignorant fuckhole spouting off on /.?

    9. Re:Big picture. by Bill_the_Engineer · · Score: 1

      Do you actually care about these people you mention?

      Why yes. They include family members. I live, work, and socialize with these people. I only have a 15 minute drive for a front seat at the BP horror show.

      As for your other comment, strong words from an anonymous coward. Just because you spend your time hiding in a basement somewhere doesn't mean the rest of us do.

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    10. Re:Big picture. by Bill_the_Engineer · · Score: 1

      Right... I guess the correct response would be to say "thank you can I have another?"

      I see nothing wrong with a moratorium on drilling. Especially since I have yet to see a viable solution to what happens when another blowout at 5000 feet happens again.

      Hoping that it doesn't happen again is not an appropriate emergency response plan.

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    11. Re:Big picture. by geekoid · · Score: 1

      Don't know. What we do know is that the US has fewer safety regulations then other countries.
      We also know that without them, failure is catastrophic.

      SO yeah, it's worth it. If we were talking about a leak that was capped in a day? then no, it probably wouldn't be worth it.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    12. Re:Big picture. by roc97007 · · Score: 1

      Managed risk is a little more involved than "hoping that it doesn't happen again". That's rhetoric of the "big emotional gesture" variety.

      --
      Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    13. Re:Big picture. by roc97007 · · Score: 1

      > Don't know. What we do know is that the US has fewer safety regulations then other countries.

      References, please. Compare and contrast with, oh, Russia, for example.

      --
      Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    14. Re:Big picture. by Jeremi · · Score: 1

      How many years ago was the last deep sea blowout? What is the real probability of it happening again in the next six months?

      I don't think it's that simple -- you can't assume a random distribution. You might as well have asked a Toyota driver two years ago what the chances of another runaway accelerator problem would be, given that it had only happened once so far. If there is some sort of new systemic problem, then the risks will be characterized by that problem, not by history, and until they can rule that possibility out they should err on the side of caution.

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    15. Re:Big picture. by Bill_the_Engineer · · Score: 1

      "Managed risk" is a intelligent sounding non-scary way of saying "hoping that it doesn't happen again" when there aren't any real disaster plan in place that mitigates the worst case scenario.

      You can keep calling my comments "big emotional gestures" but it still doesn't change the facts.

      --
      These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    16. Re:Big picture. by Bigjeff5 · · Score: 1

      That's what I was trying to say: drilling needs to stop to get a handle on exactly what happened.

      Except stopping the drilling and capping the wells is more likely to cause a spill than just allowing the drilling to continue. The capping procedure is the trickiest part of the whole exploratory process, and it's exactly what the Deepwater Horizon was doing when it blew. Now, just to be safe, we're going to force all the other rigs to cap their wells at the same time? Yeah, that's smart.

      What if there is some fundamental flaw in the process that needs to be changed, and we haven't figured out what it is yet? What if another rig has cut corners, and it's too late to fix it? Capping the wells without knowing exactly what went wrong in the first place is gambling on another spill. I know I don't have to tell you that we already cannot manage a single spill, a second spill would devastate the gulf - possibly beyond repair. Capping all the wells makes a second spill more likely, not less likely.

      The group of scientists who Obama misrepresented have said as much, and if asked if capping the wells were a good idea they have said they would have told him absolutely not.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    17. Re:Big picture. by AK+Marc · · Score: 1

      Compare and contrast with, say, the UK and the drilling off the coast of Aberdeen.

    18. Re:Big picture. by AK+Marc · · Score: 1

      Except stopping the drilling and capping the wells is more likely to cause a spill than just allowing the drilling to continue.

      My terminology may be off, but if they "are drilling" then they haven't hit oil, so capping it wouldn't have a high risk of an oil leak. Or are these wells that they have hit oil at and are still drilling, and if so, why are they still drilling?

    19. Re:Big picture. by Mindcontrolled · · Score: 1

      Ok, this is the fifth post of you spewing the same bullshit in this thread. The moratorium is about exploratory wells. They have not hit a payzone yet, if they had, they would be in the process of capping already. Exploratory rigs do not produce, they cap the well, move off and get replaced by a production rig. So, to repeat, the rigs that are being shut down have not hit reservoirs - they are dry. Capping their wells is in no way comparable to the operation on the DH and does NOT increase the likelihood of a second spill. That likelihood is increased by letting them go on until they have to cap off their wells after hitting the payzone.

      Second, the moratorium forces them to shut down their operation. Not to a) fail to check a cement job correctly; b) displace heavy mud with seawater under unknown conditions downhole; c) neglect to monitor mud return flows during the displacement; and all this while d) the BOP is probably not in best working condition. The DH blowout was a consequence of at least these 4 factors.

      --
      Ubi solitudinem faciunt, pacem appellant.
    20. Re:Big picture. by Anonymous Coward · · Score: 0

      (I'll skip the "worthless" wildlife that offers no economic benefit to the region)

      Even that is far from worthless in an economic sense, especially in the long term, as it is directly related to tourism. Annually there are millions of people who visit State and Federal parks, Wildlife Reserves, and other publicly owned undeveloped land in the USA, many specifically because they want to experience pristine or near-pristine wilderness for a little while.

    21. Re:Big picture. by roc97007 · · Score: 1

      Um, you do know what the "B" in "BP" stands for, right?

      --
      Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    22. Re:Big picture. by AK+Marc · · Score: 1

      Sure. Care to compare and contrast their practices off the coast of Aberdeen and off the coast of New Orleans? Or are you admitting defeat with quips that ignore the question at hand?

  33. Re:I'm fine with this ruling... by TooMuchToDo · · Score: 1

    Gulf Of Mexico Ecosystem > 80,000-100,000 jobs

  34. Very Logical Decision by AthleteMusicianNerd · · Score: 1

    His point was that just because one driller made a mistake, doesn't mean the rest are bad. Every time someone has a car accident, we don't shut down the freeways for 6 months.

    If not for the Federal Government, they never would have gone to deep water. The Feds passed a law limiting BP's liablity, and now they want to repeal it. They also disallow off shore drilling as well as on shore drilling. So if not for the Federal Government, they never would have gone to the risky deep water drilling.

    Everyone wants to villify BP even though they help to keep oil costs low(because they increase competition with the other oil companies), and employ 80,000 people. I hope those who went out to protest DON'T OWN CARS, or any other petroleum based product. I'm sure they do, hypocrites.

  35. My answer - nuke em by Anonymous Coward · · Score: 5, Interesting

    Having worked in nuclear power for 25+ years I know something about how accidents happen and how to prevent them. This event was a total institutional failure. BP failed, the MMS failed, the other oil companies and supporting companies failed. This is epic failure like we haven't seen since Chernobyl, worse in my view because the reactor (in this case, the well) is still critical, still on fire, and a mile under water. The blow out preventers have been shown to not work, the emergency plan has been shown to be a fraud (walruses anyone - dead people phone numbers anyone, buhler?) the technology to respond to blowouts and 10-100,000 barrel a day leaks simply does not exist, and the regulator might have well been saboteurs for all the good they did. A 6 month moratorium is not even close to enough time to fix these problems. But I would put the ball back in the industry's court, my solution would be to make 10CFR50 App B (nuclear power regulation for quality) apply to deep well drilling and tell the industry they can start drilling as soon as their CEO states under oath or affirmation (i.e. lie and its a crime) that their rigs comply. Safely handling high hazards ain't new, many industries do a fine job - BP has proven it can't and by the above revelations we have no assurance that Exxon, Shell, Halliburton or anyone else can either. Shutting down a few wells will hurt the economy of Louisiana and I say tough shit until you fix your problem. But on the other hand I never saw so many people working at a nuke like the ones that have been shut down for safety problems. Once the oil companies see what they have to do to get their practices fixed there will be many many many jobs for the people that will be doing the fixing.

    1. Re:My answer - nuke em by Isaac-1 · · Score: 1

      I am from Louisiana, and I say fine, but first remove all those Federal imposed limits on how much the state can tax the oil industry and the oil leaving the state, so we can pay for all damage this will do to the local economy for decades to come.

    2. Re:My answer - nuke em by DigiShaman · · Score: 1

      The longer people stay unemployed, the more you and I will be taxed (in some manor) to pay for their unemployment benefits. But I'm sure you don't mind.

      --
      Life is not for the lazy.
    3. Re:My answer - nuke em by Tanman · · Score: 1

      "Shutting down a few wells will hurt the economy of Louisiana and I say tough shit"

      And this is why your opinion is irrelevant.

    4. Re:My answer - nuke em by Anonymous Coward · · Score: 0

      "Shutting down a few wells will hurt the economy of Louisiana and I say tough shit"

      And this is why your opinion is irrelevant.

      And this is why your opinion is irrelevant.

    5. Re:My answer - nuke em by luther349 · · Score: 0

      Chernobyl happened to the rush to nuclear power in the 60s. but after the event the Russian nuclear safety went up big time. i don't think they never had such a event again. wile the russions fixed the problem the usa got scared of it and we have barley any nuclear plants despite the fact there 99% safer then they where in the 60s. it goes to show the the difference between culters and people in other country's.

    6. Re:My answer - nuke em by bm_luethke · · Score: 2, Interesting

      That will be tough to happen.

      For the most part the left sees this as a great reason to pretend to go after "big oil" and the right sees this as a great reason to attack the current administration and the regulatory boards that failed to apply regulations. Further each side thinks it is gaining political capitol all while the oil companies are bribing their way to what they want. So they have both the political gains *and* monetary gains. Lastly the regs were ignored so what good will passing more do?

      Now, if that state of affairs will continue to occur after the next few months - lets say it takes two months to finally cap (a realistic time period). That means it not only hits landfall but spreads significantly (we will ignore the worst case of it making it around the top of Florida). We have a semi-major hurricane go through that and instead of dumping crude onto Cuba (which nobody here cares about) we have several states worth of coastline plus several miles in with a nice coating of crude oil all over then I think some hard questions are going to be asked. Remember this stuff isn't like the oil you get in a plastic jug at Wal-Mart - it is full of some VERY nasty chemicals.

      The different parties are mostly maneuvering to make the other side look bad and the more partisan have already taken up the mantra. No one is looking to fix it, they are both waiting for it to be a real disaster and plan to get the most political capitol out of it they can. I do not think that Obama is going to escape the storm (and I think it is too far gone for blaming Bush to stick outside of the True Believers), I do not know how individual congressmen are going to fare. Further it is hitting at just the right time to be a real election time issue too.

      I'll tell you how to make the industry self regulating too - make the company totally financially liable for any damages from an accident and hold the executives and board of directors criminally liable (and force them into a rough federal prison - none of those nicer ones) for the actions. That's not going to happen either, though it should. You can regulate all you want but if they are not enforced (for whatever reason) then they will do no good. Make it cheaper to be responsible and companies will, make it cheaper to bribe and ignore safety and most will. No one in power will do that because there is both too much money involved and most are so intertwined with those companies that they would find themselves in prison too.

      --
      ------- Sorry about the spelling, I suffer from two problems. Dyslexia makes it difficult to spell well, lazy makes it
  36. It's like this people by gearloos · · Score: 2, Interesting

    The oil companies have rigs THEY bought. That money is sitting out there doing absolutely nothing. Say...Brazil has an oil field. Well, guess what, the rigs getting moved to a place where they are actually wanted, and a place where money will start coming in. As for the gulf well, just imagine you spent 15 million dollars to move your rig and now HObama says its ok to start drilling again. You think they are going to move those oil rigs back? Fat chance. Once they are gone, it might be 20 years before anyone even thinks about drilling in the gulf again and as for the jobs in that area, better learn Spanish and head to Brazil or Venezuela because those jobs are going to be gone...for good...yeah I think that about sums it up as to why its so important to get drilling started again(and yes I am all for tightening the crap out of safety regulations)

    --
    "Computers are a lot like Air Conditioners" "They both work great until you start opening Windows"
    1. Re:It's like this people by couchslug · · Score: 1

      We can also choose to sacrifice the jobs and buy oil from Brazil instead.

      The idea that this is the last major spill is as absurd as the idea of an unsinkable ship, so the only question is WHEN the next one will happen if we keep drilling.

      --
      "This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
  37. Foreign interests by birukun · · Score: 1

    Thank God they are stopping the Russians and Chinese from drilling there.... oh wait a minute.....

    --
    Self Defense - A Human Right www.a-human-right.com
  38. Pissed about this whole process by jollyreaper · · Score: 4, Insightful

    Oil industry apologists are saying we're all being whining, ungrateful children because we reap the benefits of cheap energy but bash the poor, hard-working people who put the gas in our cars. But what they don't mention is the fantastic amount of money spent buying this oil-dependent reality in the first place. From buying politicians to clouding the issues in the public forum to preventing research in clean alternatives. It's a sick, terrible system. And it's impossible to use the tools of democracy to fix it because even when we try to vote for change it's bait and switch.

    The thing that gets me is how the writing can be plain on the wall and people who don't know better take their cue from people who do know better but whose financial best interests depend on pretending they don't. "Global warming is just a theory! It's still debatable!" Yeah, about as debatable as the theory that tobacco is a carcinogen. Hell, we can even get Republican presidents to mouth the words "oil addiction" and "we need to kick the habit." We just can't get anyone -- reps or dems -- to do a fucking thing about it. They're both beholden to the special interests.

    I can't even begin to fathom that latest talking point, Obama's being mean to BP. Chicago-style takedown! What the fuck?! And I bet you're still upset about those fucking Eskimos beating up on poor ol' Exxon for all those decades trying to get the money they've been promised. $20 billion is going to be a drop in the bucket for all the damages wracked up and there will never be a full accounting. Most victims will never be made whole.

    From the bleating on the right, you'd think that Obama had nationalized BP, crucified their board of directors on a line of crosses on a tarred beach, and signed an executive order to go to 100% renewables before 2012. If only! I'm actually pissed at how anemic his response has been. No, he can't snap his fingers and make the well go shut, he can't stand on the heads of the engineers and make them work faster but he could at least help unsnarl the clusterfuck that is the disaster response. He could take BP's management out of the loop on disaster mitigation. He could put the environmental experts in the control room so they can get the unfiltered information from the well head minus the BP spin. At the very least he could prevent the BP contractors from burning the sea turtles.

    Yeah, yeah, mod me down. Go and confirm exactly what I'm saying.

    --
    Kwisatz Haderach
    Sell the spice to CHOAM
    This Mahdi took Shaddam's Throne
    1. Re:Pissed about this whole process by Rockoon · · Score: 4, Insightful

      Oil industry apologists are saying we're all being whining, ungrateful children because we reap the benefits of cheap energy but bash the poor, hard-working people who put the gas in our cars. But what they don't mention is the fantastic amount of money spent buying this oil-dependent reality in the first place.

      You know, its common for people to say how corporations, and especially oil companies, throw around lots of money to protect their interests and enact legislation and all that...

      ...but I just dont see it being true in the case of the oil industry. I see an industry that was forced to drill many miles off the coast in 5000 feet of water when they could have (and very much would have) drilled closer to shore in shallower water, where it was easier, cheaper, and knowledge was greater.

      Apparently you would have us believe that the awesome power of oil money was used for everything but cutting costs.

      Every few years Congress goes up-in-arms over the oil industry even when no disaster happens, such as the recent cry for a 'windfall tax' on them, even though their profit per revenue was significantly less than the governments share of the pie, and also significantly less than most other industries.

      The oil industry has been the bitch of the government for decades. If you have evidence that this is not the case, please present it. I am thinking that, no, you don't... you are just blowing wind.

      --
      "His name was James Damore."
    2. Re:Pissed about this whole process by Uberbah · · Score: 3, Insightful

      Seriously, in your second to last paragraph you start out by saying the right is stupid for criticizing Obama, and then go on to criticize him yourself.

      Because those on the right are fucking idiots, that's why. Those on the left are pissed that Obama has left BP in charge of the response effort, that Obama is continuing Bush's wars, that Obama is continuing Bush's abuses of executive power, and pissed that his policies consistently place a higher priority on Wall Street profits than the well being of the working class.

      Whereas the right whines about concentration camps, socialism/communism, and started off Obama's presidency by protesting taxes right after Obama actually made good on one of his campaign promises and pushed for a tax cut on the middle class. And then spent the next few months parading around with signs like "keep your government hands off my medicare".

    3. Re:Pissed about this whole process by Anonymous Coward · · Score: 1, Insightful

      How about I mod you down instead for being illiterate. Here's what you're missing - jollyreaper is saying that Obama's actions to date have been much, much weaker or ineffective than what he could or should do.
      The right wing, however, believes that the President has already gone overboard in his response. There's no contradiction in that.

      Note that I'm not saying that jollyreaper is correct, only that he's not contradictory. And his post may be a rant but that doesn't mean he doesn't have a point ( or several ) or that he hasn't made clear recommendations

    4. Re:Pissed about this whole process by phantomfive · · Score: 1

      It's so easy to make one side or the other look bad when you are willing to cherry pick.

      For example, liberals support the murder of US troops, and they think Bush is Hitler, and are racist jew haters.

      'Fucking idiots' don't just flock to one party, they're on both sides. If you try to represent it differently, you're either being intellectually dishonest, or you yourself are one of those fucking idiots.

      --
      Qxe4
    5. Re:Pissed about this whole process by khallow · · Score: 1

      Oil industry apologists are saying we're all being whining, ungrateful children because we reap the benefits of cheap energy but bash the poor, hard-working people who put the gas in our cars. But what they don't mention is the fantastic amount of money spent buying this oil-dependent reality in the first place. From buying politicians to clouding the issues in the public forum to preventing research in clean alternatives. It's a sick, terrible system. And it's impossible to use the tools of democracy to fix it because even when we try to vote for change it's bait and switch.

      I usually respect your posts, but this whiny rant is below you. The "tools of democracy" or any other "tool" can't fix things by making them worse. That's why you complain of "bait and switch" when it's really vapid, insincere politicians promising something they can't possibly deliver simply because fulfilling the promise would be economic suicide for the US and career suicide for the politician. Picking up campaign funds from Big Oil is just icing on the cake.

      The thing that gets me is how the writing can be plain on the wall and people who don't know better take their cue from people who do know better but whose financial best interests depend on pretending they don't. "Global warming is just a theory! It's still debatable!" Yeah, about as debatable as the theory that tobacco is a carcinogen. Hell, we can even get Republican presidents to mouth the words "oil addiction" and "we need to kick the habit." We just can't get anyone -- reps or dems -- to do a fucking thing about it. They're both beholden to the special interests.

      Then provide the proof. I find it interesting here that you provide no reason yourself for why anthropogenic global warming should be true, nor why we should do anything about it. You're just whining about the mean people who disagree with you.

      I can't even begin to fathom that latest talking point, Obama's being mean to BP. Chicago-style takedown! What the fuck?! And I bet you're still upset about those fucking Eskimos beating up on poor ol' Exxon for all those decades trying to get the money they've been promised. $20 billion is going to be a drop in the bucket for all the damages wracked up and there will never be a full accounting. Most victims will never be made whole.

      Who knows how much it'll really cost, especially given that a lot of the damage will be grossly exaggerated or even completely made up. My view also is that Obama is abusing his authority as president by setting up the $20 billion fund in the first place. It's clear that BP is getting something out of that, otherwise they wouldn't have done it. So what are they getting? I bet some sort of liability immunity.

      From the bleating on the right, you'd think that Obama had nationalized BP, crucified their board of directors on a line of crosses on a tarred beach, and signed an executive order to go to 100% renewables before 2012. If only! I'm actually pissed at how anemic his response has been. No, he can't snap his fingers and make the well go shut, he can't stand on the heads of the engineers and make them work faster but he could at least help unsnarl the clusterfuck that is the disaster response. He could take BP's management out of the loop on disaster mitigation. He could put the environmental experts in the control room so they can get the unfiltered information from the well head minus the BP spin. At the very least he could prevent the BP contractors from burning the sea turtles.

      Instead, he got out of the way. While that's a good idea, I doubt Obama did it to provide any scrap of charity. I think he's doing it to let the crisis build to a usable level and so that BP makes all the mistakes instead of his administration.

      You know what would have prevented this blowout in the first place? Competent government enforcement of the regulations surrounding deep sea drilling. Getting those ducks in a row would have been a decent reason for the moratorium and something that I imagine he could get Congress and the courts to support him on (assuming he were interested in going through the appropriate channels and get the job done).

    6. Re:Pissed about this whole process by Anonymous Coward · · Score: 0

      Yeah, yeah, mod me down. Go and confirm exactly what I'm saying.

      You had me up until here.

    7. Re:Pissed about this whole process by AK+Marc · · Score: 1

      I find it interesting here that you provide no reason yourself for why anthropogenic global warming should be true, nor why we should do anything about it.

      I've seen tons of studies showing that it's happening, and nothing showing it's not. Every "counter-study" is an attack on the previous study, its methods, it's assumptions, it's researchers, but never an actual REAL counter-study that tries to show the opposite. The anti-warming nuts don't use science to show that global warming isn't happening. They use attacks to attack the messengers and claim that's proof that warming isn't happening.

      Or worse, the perversion you just made. You ignored his statements about "global warming" and attributed to him some argument about anthropogenic global warming. So, is that you saying that you agree 100% that Global Warming is happening, but that you disagree as to whether humans are causing it, and even if it's happening and people are causing it, that you haven't seen proof that we won't be better off after Global Warming warms up the planet by 4 degrees or whatever? Or do you just disagree with whatever point of those three that isn't best supported whenever you hear it, so that you never address the facts, but instead just ignore them through some prestidigitation?

      You know what would have prevented this blowout in the first place? Competent government enforcement of the regulations surrounding deep sea drilling.

      Ah, so what would have stopped this is a larger government? More and better enforcement can't be done without sufficient competent government employees. So a larger government with greater oversight would prevent this. And it's unrelated to the numerous violations BP willingly committed in order to cut cots, but the government's lack of presence in enforcing regulations. Well, the next time taxes come up as an issue, I hope you vote to increase them so that your larger government can more tightly regulate such amoral corporations. Or are you a small-government supporter that blames the government for everything that happens, either they did it, or they should have prevented it, and it's always their fault, so even though they would need more people to do what you'd say, you want them smaller anyway? At least that's how it is with many that I've heard blaming the government for this.

    8. Re:Pissed about this whole process by Anonymous Coward · · Score: 0

      Repeal the 17th Amendment, and watch the influence on Senators wither...

    9. Re:Pissed about this whole process by intheshelter · · Score: 1

      Wow, that's an interesting spin. The oil industry is the helpless victim of government. They never would have been drilling out there if they just could have drilled on the land and fucked it up? What a load of shit.

    10. Re:Pissed about this whole process by khallow · · Score: 1

      Two things to note here. First, you still provide no reason for why you think anthropogenic global warming is true aside from "tons of studies". I'll let it slide since I believe there is evidence for AGW (to outline: the radiative models of atmosphere are fairly reliable, there's solid evidence that carbon dioxide levels have risen in the atmosphere, hence, it is a reasonable inference to deduce that CO2 does contribute to global warming, finally, there is significant evidence to believe that human activity via fossil fuel burning and deforestation has contributed to most of the CO2 rise since the beginning of the Industrial Era). I find it interesting that you couldn't be bothered to say even that.

      My concern here is merely that we're being sold a pig in a poke. No one has reliable models of future climate. What makes a model of future climate "reliable"? Making predictions which can be measured and the model evaluated. That hasn't happened to any serious degree for climate modeling. There are huge costs to restricting carbon emissions (the most likely fix to anthropogenic global warming). And merely noting that we think anthropogenic global warming exists, doesn't tell us what, if anything, we should do about it.

      Second, you confuse "competent government enforcement" with "larger government" and "greater oversight". The difference is that the former is a government that actually enforces the regulations that currently exist (and as far as I can tell, that would in itself have been sufficient to prevent the problems that occurred in the Deepwater Horizon accident which appear to be due to not following regulation) while the latter is an even larger, more expensive, more intrusive government that doesn't do the job. I prefer small government because a) there's a lot of jobs that government will fail to do and I'd rather not pay for those failures; b) there are jobs that government should never do; and c) the more things that a government does, then the more power it has, the less accountability it has, and the less competent it becomes. I'd rather have a government that does a few things competently rather than a larger one that does a huge number of things corruptly and incompetently.

      Having said that, I do believe that preventing huge externalities such as an oil blowout are reasonable uses of government (also, given that the Deepwater Horizon blowout crosses state lines and national borders, I think it should be a federal matter). The problem here is not that government didn't have the appropriate resources to handle the problem, but rather that it failed in its duties. As it looks to me, BP apparently was in violation of federal regulation at the time of the accident and that violation was a key cause of the blowout. Making government bigger without fixing the problem doesn't help.

    11. Re:Pissed about this whole process by tekrat · · Score: 1

      You seem to have conveiently forgotten that Big Oil gets Goverment Money.

      If we're paying them, they are *supposed* to be our bitch! Yes, that's right, even with record profits and some of the most overcompensated officers of any industry, the oil industry still recieves government subsidies, as if they are too poor to drill on their own dime.

      You're acting like the disaster was an accident. It wasn't. It was willful negligence. So what they were drilling in 5000 feet of water? There were safety measures in existence which could have prevented this catastrophe. BP *chose* to ignore every single safety protocol and measure.

      To make the car analogy, it's like building a car with no brakes and then saying "well, people shouldn't drive, it's dangerous" when there are ALREADY other cars with brakes on the raod that aren't slamming into trees.

      People that do stupid things with hazardous materials often die. But, if you follow a few safety procedures, it's amazing how often people can handle hazardous materials and live. That's the difference. BP took a risk to save a few bucks and now they are paying the price for being idiots.

      --
      If telephones are outlawed, then only outlaws will have telephones.
    12. Re:Pissed about this whole process by grep_rocks · · Score: 1

      Hell Yeah! the oil industry has been a bitch to the government - especially when two oil industry execs were president and VP, and shouldn' we apologise for causing BP so much trouble and "shaking them down", can't have those rigs stand idle in the gulf it might cut into their profits, didn't we invade an oil rich country on false evidence of WMD - oh wait... maybe we are the oil industry's bitch - who is your daddy now!

    13. Re:Pissed about this whole process by Anonymous Coward · · Score: 0

      And it's impossible to use the tools of democracy to fix it because even when we try to vote for change it's bait and switch.

      Let's face it, it's impossible to use the tools of democracy because in order for democracy to work (I know, I know... work for whom??), we have to have an informed, non-stupid population - and we do not. I say stupid in addition to uninformed because Democrats can't tell they're getting F'ed by a Democrat president just like a Republican can't tell they're getting F'ed by a Republican president... even when we point it out to them!

    14. Re:Pissed about this whole process by AK+Marc · · Score: 1

      First, you still provide no reason for why you think anthropogenic global warming is true aside from "tons of studies".

      I didn't talk about AGW, just "global warming" and they are separate issues. So yes, I didn't defend AGW. If I did say something to be taken that way, it was my error. AGW is a red herring pressed more strongly by the anti-environmentalists. Instead of arguing over whether CO2 came from a cow, a car, or a volcano, we should be ignoring the A of AGW completely. Is Global Warming happening? If so, is there anything we can do about it? But people move on to the second question, which does require identification of sources, as "proof" that the first is untrue. Essentially, the anti-environment people are arguing that if we can't identify a cause, then it can't be happening. That logic would argue that because we couldn't explain why the Sun was hot in the 1500s, that the Sun didn't shine in the 1500s. So I keep my arguments on whether global warming is happening to exclude causes and fixes, and just stick to the question of whether it is actually happening.

      My concern here is merely that we're being sold a pig in a poke.

      The answer to that is yes. We are always being sold on something other than what reality is. It's called "politics." Every single location on the planet has it, and it's going to tell you what they want you to hear than what you need to hear (or the truth, which is unrelated to the previous two).

      No one has reliable models of future climate.

      And since no one can prove Global Warming false, and the evidence points to it now, that's support for assuming it and acting accordingly, as opposed to waiting until we have proof (the only proof being the massive change of climate from which the Earth might not recover from for a very long time).

      Second, you confuse "competent government enforcement" with "larger government" and "greater oversight".

      I know what you meant. There was no confusion. I asserted that a small government will never have competent enforcement. And, if the enforcement is lax, increasing the amount of enforcement by hiring more competent people to provide the enforcement, will increase the size of the government.

      Having said that, I do believe that preventing huge externalities such as an oil blowout are reasonable uses of government (also, given that the Deepwater Horizon blowout crosses state lines and national borders, I think it should be a federal matter).

      Internalizing the cost of the externalities should be sufficient. Whether it's spewing CO2 in their neighbor's air or oil in the Gulf. You make them account for 100% of their pollution, and compensate everyone who has a legitimate claim against them, and there'd be no problem. However, the issue with how I'd like it to be is the barriers to claims and the high standards. Everyone with asthma should be able to collect $1 from every company that spews more CO2 than they take in, making billions in the process. Repeat for everyone with a respiratory illness, and people would sequester their pollution or be sued out of existence. Instead, they have to go to court to prove in court that the pollutant they inhaled that aggravated their condition came from that one place. So if you pollute something impossible to trace, or have good lawyers, you don't actually internalize the costs.

    15. Re:Pissed about this whole process by khallow · · Score: 1

      I asserted that a small government will never have competent enforcement. And, if the enforcement is lax, increasing the amount of enforcement by hiring more competent people to provide the enforcement, will increase the size of the government.

      That depends what the small government is supposed to do. It can't incompetently enforce regulation that doesn't exist. My view is that the US government is vast in extent and doesn't suffer from being too small to enforce its regulations. For example, if they really are underfunding their regulation enforcement, they could redirect a bit of Medicare or Social Security money.

      As to global warming, what do you mean by the phrase "acting accordingly"? If humanity isn't affecting climate (that is, we have global warming without anthropogenic global warming), then it sounds to me like the best strategy is to pop corn, watch the show, and move some place better, if things start to suck too much. In other words, business as usual. It's not enough to observe that global warming is happening, unless there's no intent to "fix" the situation or you have some awesome climate engineering project (mirrors in space, changing the albedo of Earth, etc) that will fix the problem, even in the absence of AGW.

    16. Re:Pissed about this whole process by AK+Marc · · Score: 1

      For example, if they really are underfunding their regulation enforcement, they could redirect a bit of Medicare or Social Security money.

      This isn't a zero sum game. You are essentially breaking the law to take from one to fund another. And the size of the other programs are irrelevant to the question of whether enforcement needs fewer or more people. Dragging in other arguments is a nice distraction. "I want larger government through smaller government" or some other internally contradictory statement is what you are coming up with.

      Either the enforcement would be better with "more government" in that you need to hire a larger number of competent people to enforce the rules, or "less government" in that you make rules that are unenforced except in the case of violations. You called for more government. Though there are areas, like OSHA, where they actually use the "less government" stance, though people seem more likely to report unsafe workplace habits to the government than bad equipment on a rig.

      As to global warming, what do you mean by the phrase "acting accordingly"? If humanity isn't affecting climate (that is, we have global warming without anthropogenic global warming), then it sounds to me like the best strategy is to pop corn, watch the show, and move some place better, if things start to suck too much.

      Just because humans aren't causing it doesn't mean the causes can't be identified. And if the causes can be identified and counteracted, wouldn't a more sensible stance of examining the economic impact of acting vs not acting be appropriate?

    17. Re:Pissed about this whole process by Uberbah · · Score: 1

      It's so easy to make one side or the other look bad when you are willing to cherry pick.

      It's so easy to make one side or another look bad when you're a fucking idiot posting photoshoped images and pretending that's what people said.

    18. Re:Pissed about this whole process by phantomfive · · Score: 1

      Good find, but the point still stands. Your inability to see the idiots on your favored side reveals you as a partisan tool. Hope that someday you'll get over that.

      Cheers.

      --
      Qxe4
    19. Re:Pissed about this whole process by Uberbah · · Score: 1

      Your use of the Bill O'Reilly tactic of taking .000000000001% of all commentors and pretending it's representative of a group just further marks you as being a fucking idiot.

      Whereas less than half of Republicans believe that Obama was born in the U.S. Try to find something from the other side of the aisle that's on the same planet, much less the same page, as that bit of lunacy. Oh, and remember how liberal celebrities were mocked for saying they'd move out of the country if Bush was re-elected in 2004? How about Republican Governors talking about seceeding from the frikkin Union after Obama was elected? Feel free to give up your bogus false equivalency at any time.

      Good find

      Oh, and speaking of good finds, I might as well point out that your smear of Helen Thomas is 100% bogus as well. Watch your own video - she's asked a question on Israel the country and then the "interviewer" interrupts her to change the subject to Jews. Nice try. Well, not really.

    20. Re:Pissed about this whole process by phantomfive · · Score: 1

      Your use of the Bill O'Reilly tactic......

      I'm not going to defend Bill O'Reilly.

      Whereas less than half of Republicans believe that Obama was born in the U.S. Try to find something from the other side of the aisle that's on the same planet, much less the same page, as that bit of lunacy

      It's all in how you frame it. You could take the same statistic and say way more Republicans agree that Obama is a citizen than not, but you decided to frame it in an anti-Republican way. We can do the same thing and say that liberals utterly fail at basic economics.

      Feel free to give up your bogus false equivalency at any time.

      It's not about equivalency, maybe one side has a higher percentage of idiots; I don't care so much about the idiots. The fact is there are good ideas on both sides. The good ideas are what matter.

      I might as well point out that your smear of Helen Thomas is 100% bogus as well

      I didn't have to smear her, she did it herself. If you don't see what's wrong with what she said, then something is wrong with you.

      --
      Qxe4
  39. Question: by Lawrence_Bird · · Score: 1

    What is three football fields long by three wide and 10 yards tall?

    A: The gulf oil spill

    That should put it in terms any American can understand.

    1. Re:Question: by Anonymous Coward · · Score: 0

      The gulf oil spill is now larger than the state of Florida. http://www.nasa.gov/images/content/464081main_USA7_TMO_2010170_lrg_full.jpg

    2. Re:Question: by toddestan · · Score: 1

      That's approximately 307,000 barrels. Kind of low, unless you believe BP's lie of 5,000 barrels a day.

    3. Re:Question: by toddestan · · Score: 1

      Whoops, that's for one football field. For a 3x3 grid of them that would be about 45,000 barrels a day which is about right.

  40. Logic, anyone? by bendodge · · Score: 0

    Then don't fucking drill and save yourself those fucking millions.

    So the investors (ie fat cats) should save their millions instead of pay it to the workers (ie little guys). Are you sure that's what you meant?

    Or is losing an ENTIRE FUCKING COAST so unimportant to you as to oppose halting new activity for a little bit?

    The oil is already spilled - stopping drilling will not cure that.

    --
    The government can't save you.
    1. Re:Logic, anyone? by cpt+kangarooski · · Score: 1

      The oil is already spilled - stopping drilling will not cure that.

      But if there is another shoddy oil well being built, this will keep it from causing a spill (really a leak; more is gushing out every moment) that will worsen the current situation. The moratorium is a good idea, at least until we've determined 1) whether we want to permit new wells to be built; 2) whether we want to permit existing wells to remain in operation; 3) whether any of the wells built or under construction are safe.

      As for the workers, there is plenty of work to be done cleaning up the current mess, so they need not worry about that, I'm sure.

      --
      -- This and all my posts are in the public domain. I am a lawyer. I am not your lawyer, and this is not legal advice.
    2. Re:Logic, anyone? by Hooya · · Score: 1

      I agree. A little spill should not cause us to stop doing something. I mean, just considering the millions of jobs lost...

    3. Re:Logic, anyone? by Bigjeff5 · · Score: 1

      But if there is another shoddy oil well being built, this will keep it from causing a spill (really a leak; more is gushing out every moment) that will worsen the current situation.

      Actually, it's more likely to cause another spill than to keep them all in "drill" mode.

      The Deepwater Horizon spill was caused at least in part by a BOP failure during the well capping process. Guess what every single one of those deep wells has to do now? If you guessed "cap the well" you win a prize!

      The moratorium basically has the effect of saying "Because the highway exit ramps are potentially unsafe, we are going to force all cars on the road to exit on the exit ramps. You know, just in case another one blows up." It's idiocy at its finest.

      3) whether any of the wells built or under construction are safe.

      That's exactly the reason you don't force all the deep water rigs on the Gulf Coast to undergo the exact same operation that caused the damn spill in the first place.

      As for the workers, there is plenty of work to be done cleaning up the current mess, so they need not worry about that, I'm sure.

      They're all demons in disguise anyway right? They can't possibly have a spouse and children they need to provide for, right? No way, just go ahead and take away their lively hoods in the name of safety all while making things less safe.

      People like you disgust me.

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    4. Re:Logic, anyone? by cpt+kangarooski · · Score: 1

      If something else should be done in order to carefully inspect the other wells for problems, and then to make them as safe as possible (with the safest option being to cap the wells and stop oil drilling), then fine. I'm not married to the moratorium or anything; it just appears to be the best option at the moment. Feel free to suggest a better one, if you're such an expert.

      They can't possibly have a spouse and children they need to provide for, right? No way, just go ahead and take away their lively hoods in the name of safety all while making things less safe.

      I'd rather make things more safe, while arranging different jobs for them. It will take decades of work to get the Gulf anywhere near to the shape it was previously in. Are they so inflexible that they will refuse to take honest work at a decent wage doing clean-up duty, instead of drilling for oil? I doubt it, but if so, then no, I have no use for them.

      --
      -- This and all my posts are in the public domain. I am a lawyer. I am not your lawyer, and this is not legal advice.
    5. Re:Logic, anyone? by AK+Marc · · Score: 1

      The Deepwater Horizon spill was caused at least in part by a BOP failure during the well capping process. Guess what every single one of those deep wells has to do now? If you guessed "cap the well" you win a prize!

      You cap dry wells. You cap wells that never produce. Capping a well that is being drilled can't leak oil if they never hit oil. So stopping drilling can't cause an oil leak unless they hit oil, in which case, they aren't "drilling" they are "producing." Or am I missing something about the process?

  41. Glenn Becks June 21st Show by Anonymous Coward · · Score: 0

    He might be hard to swallow for some, but he covers Obama's link to big oil.
    http://watchglennbeck.com/

    1. Re:Glenn Becks June 21st Show by Anonymous Coward · · Score: 0

      Eh, Democrats are used to swallowing big fat sausages.

  42. This is Obama's Katrina... by Anonymous Coward · · Score: 1, Insightful

    Observe: a presidency going down in flames...

  43. Ruled by Law, not by men... by cfulmer · · Score: 4, Interesting

    We can argue day and night about whether more drilling is a good idea. But that's not the question -- the real question is:

    Does the law give the President the power to impose a moratorium in this situation?

    If not, then it doesn't matter whether it was a good idea or not. The President is not a King or an Emperor. He does not have the authority to decree how things should be, no matter how mad he is or how great of an idea his decree is.

    1. Re:Ruled by Law, not by men... by TopSpin · · Score: 2, Interesting

      Does the law give the President the power to impose a moratorium in this situation?

      The president is the head of the Interior Department, the institution responsible for the leases that permit drilling, and the Interior Department is a creation of Congress, which has the power to establish the cabinet. Those leases come with strings attached; the Interior Department reserves the right to suspend the leases for various reasons. Seems pretty clear to me that Obama does have the authority.

      Judicial activism is judicial activism whether it's pro- or anti- oil, gays, guns or whatever. We have a president for a reason and he is supposed to have power for a reason.

      Let him ban deep water rigs. Let him destroy 30% of LA's economy[1] five months before the midterms in the middle of the Great Recession. Lets watch what happens when Chevron, Shell, etc. individually announce that their rigs are moving out of US waters. See the result when Haliburton et al. start laying off thousands. I say go for it Mr. President. Wreck the US oil industry; see how that plays out when we get to vote 22 weeks from now.

      [1] the big drilling rigs, as opposed to finished production rigs, are where all the $$ is; finished wells don't employ many people. Some folks, like /. editors, either don't understand that or at least hope you don't.

      --
      Lurking at the bottom of the gravity well, getting old
    2. Re:Ruled by Law, not by men... by vcgodinich · · Score: 4, Insightful
      The Interior Department didn't impose the moratorium, the president did it "for" them, with no justification or action since.

      Have there been stricter demands made on offshore drilling? no. Has there been a mandatory safety review/inspection legislated? no. The problem is that nothing is happening. If Obama had put some requirment in place that the oil companies could start to comply with, that would be one thing, but as it is, no one is doing anything. The oil companies and a significant part of the jobs on the gulf are sitting idle by presidential decree, and the president is sitting idle by choice, as it pertains to the ban.

    3. Re:Ruled by Law, not by men... by AK+Marc · · Score: 1

      In most cases, the leases are issued by the President (or his underlings). Finding that the leases are being executed against their terms does seem to be sufficient to suspend them. Though there is no limit to executive orders. He could issue an order that the moon is red, but that won't change reality. I think that if the ones he orders to stop drilling were to continue, they'd probably win in court. And then never be issued another lease again. Even if right, sometimes you do what's asked (or ordered) because the fight would harm you more than following the unfair order.

    4. Re:Ruled by Law, not by men... by PPH · · Score: 1

      The President did it because the Interior Department's (specifically the MMS) process for granting permits for these wells is broken. In spte of industrie claim that they have valied permits and passed inspections in hand, Obama is approaching the problem from the point of view that the entire permitting process is broken. MMS needs to be overhauled. Their relationship with the industry needs to be reviewd with respect to the independance of their rulemaking and enforcement duties. Its possible that, before deep water drilling resumes, all of the requirements upon which drilling safety procedures and equipment will have to be reviewed.

      This is onereally good reason for all industries to keep the relationships with their regulating authorities on a professional basis. Although it may be the fault of the MMS that things got so far out of hand, if there is any possibility that this situation arose because industry cultivated too cozy a relationship, then they've just f*cked themselve in the ass, so to speak.

      --
      Have gnu, will travel.
    5. Re:Ruled by Law, not by men... by smellsofbikes · · Score: 1
      >If Obama had put some requirment in place that the oil companies could start to comply with

      Like, say, "no more drilling"?

      I fail to see how making more complicated rules makes them more legal. If "you have to drill relief wells along with your main well" is legal, why isn't "no more drilling for six months"?

      --
      Nostalgia's not what it used to be.
    6. Re:Ruled by Law, not by men... by cfulmer · · Score: 1

      Fortunately, that's not the whole story -- the Interior Department only has the power that Congress says it has, and Congress cannot, constitutionally, delegate power to the executive branch for it to use however it wants. Instead, Congress has to circumscribe that power by saying what it can, and cannot, be used for. Among other things, this means that there has to be a "rational connection" between the department's actions and its findings of fact. In this case, the Judge found no such connection. In fact, he called the decision "arbitrary and capricious."

      One of the things that really hurt the administration was that their analysis focused only on wells deeper than 1,000 feet, but Ken Salazar's order affected wells deeper than 500 feet. Further, the order claimed that an independent panel of experts agreed with its conclusions, but a number of those experts said "no we didn't. We never said anything about 500 feet." That gives all the impression of an order rushed through for political expediency, and not in actual pursuit of a duty delegated to the Interior Department by Congress.

      This isn't the only time we've seen that: there's no legal authority for the $20B fund that the President strong-armed BP into setting up, either.

      The oil spill will be completely cleaned up in 4 or 5 years. The attitude that the President can dictate policies could have much farther-reaching effects.

    7. Re:Ruled by Law, not by men... by cfulmer · · Score: 1

      Doesn't that scare you? I suggest that any government which has the power to make you do whatever it wants you to do, "or else," is too powerful.

    8. Re:Ruled by Law, not by men... by AK+Marc · · Score: 1

      Any government that can't make anyone do anything isn't powerful enough.

    9. Re:Ruled by Law, not by men... by gillbates · · Score: 1

      Whether Congress gave the President the authority to enact a moratorium is beside the point. Yes, there's a legal issue there wrt to executive power, but from BP's perspective, it doesn't matter.

      The President is in charge of Customs Enforcement. The President determines who represents a "security threat" to the nation. In the first case, he could make life very difficult for companies trying to get oil from the drill sites to the refineries. With respect to the second, if he determined that oil drilling constituted a serious threat to the security of the United States, he is authorized to use military force to prevent it from happening. And since most of these are in international waters, there is little that BP or any other company could do. It's not as if the British Navy will start duking it out with the US over drilling sites. Especially considering the vulnerability of oil platforms to things like naval guns and smart bombs.

      --
      The society for a thought-free internet welcomes you.
  44. Political decision..? by Anonymous Coward · · Score: 0

    Last I checked politicians make political decisions and judges make legal decisions...Does Obama & the executive branch have the legal authority to declare this moratorium? This is what judges decide...The judge seems to be overstepping his role by weighing in on the political aspects of it.

  45. Re:You don't know what you're talking about. by ChefInnocent · · Score: 5, Informative
    You mean Rep. Barton didn't apologize for the "White House Shakedown"? Or, are you saying that his apology later that day actually magically rescinds the original statement?

    I apologize, I do not want to live in a country where anytime a citizen or a corporation does something that is legitimately wrong is subject to some sort of political pressure that is again in my words amounts to a shakedown. So I apologize.

    For the record, even Fox News has his statement. Many of his fellow Republicans were ashamed of his original statement. They even continued to be ashamed of his spoken statement and he later sent out a written statement in an attempt to appease members of his own party. Rep. Barton's statements were completely self serving considering he is on the House Energy and Commerce Committee as well as a very large recipient of big oil and BP's campaign donations. Even more so, if you take his statement for face value, he is saying that nobody should ever be punished for their misdeeds.

  46. Re:You don't know what you're talking about. by interkin3tic · · Score: 1

    You need to go back and re-read the apology he issued.

    I know he meant he disliked the manner in which the white house forced the payment. I still think the exact terms he used, in his prepared statement, are telling of a greater allegiance to the industry he worked in as an executive and that helped him get elected, than to the public he was supposed to be serving.

  47. Re:I'm fine with this ruling... by citylivin · · Score: 1

    If the environment gets ruined because American law says that they don't have to drill relief wells (unlike many other countries), who the fuck cares about jobs? Sure we cant go to the beach on the weekend, can't eat fish, and tourism is completely in the shitter, but at least gas only costs 1$ a litre! I can just drive somewhere thats not polluted, right?

    Sorry to get in the way of your stupid american partisan politics, but honestly, in reality - its not hard to do the math. Simply weigh on one side, a priceless environment ruined by a disaster which may now be world wide , and on the other side some US energy sector jobs. Sure it sucks for the 80k people (your figure) that are impacted by this, but i tend to think that the gulf coast environment, and perhaps the entire atlantic ocean, is a wee bit more important. I would think that this would be obvious to anyone who didn't have some other political agenda to push here.

    Smart people can ALWAYS find other lines of work. What happened to them pulling themselves up by their own bootstraps? Or does that talking point only apply to a different political debate. I get that it may seem like an over-reaction, but clearly your american government has severely UNDER reacted for the last 30 years, in regards to regulating oil drilling. Id prefer they make up for that now, rather than continuing on the course that has directly led to this "meltdown".
    We shouldn't need a meltdown to enforce regulation on dangerous industries, but in america it seems to be how they like to do things.
    Ass backwards.

    --
    As a potential lottery winner, I totally support tax cuts for the wealthy
  48. Re:I'm fine with this ruling... by TheBig1 · · Score: 1

    The Mississippi River pours as much water into the Gulf of Mexico in -38 seconds- as the BP oil leak has done in two months.

    Wake me up when the Mississippi river is pouring that much oil into the Gulf of Mexico. That's like saying "you have 10 grams of arsenic in your body? That's nothing - you have 1000 times more water already there!"

  49. What is the opposite of insightful? by Gary+W.+Longsine · · Score: 1

    You raise an issue worthy of further consideration. It was first posed succinctly by the fictional character from Austin Powers - International Man of Mystery. Dr. Evil: "Why must I be surrounded by frickin' idiots?" (Similarly, Scott Adams states this as the Dilbert Principle, we are all stupid, about most things, most of the time.) With the rise of civilization and technology has come increased complexity. Unfortunately, we seem, on average, to be ill equipped to cope with it. It's amazing we can get things done at all, really, when you think about the difficulty we have making what ought to be simple decisions.

    Consider this week the news is full of European countries enacting substantial budget cuts. We know that's the wrong thing to do. It times of economic prosperity, we should run balanced budgets or pay down national debt. When faced with a recession so enormous that people invoke the Great Depression as an analog, though we have only about 20% unemployment, rather than 30% or more, this situation is dire. We know that we must run deficits, large ones, in order to create a demand stimulus large enough to moderate this trough of the economic cycle. Nonetheless, we have politicians trying to score political points by railing against deficit spending -- which didn't bother them for the past 8 years when they were in charge.

    The problem is profound, widespread ignorance, but not merely ignorance as in the mere unawareness of relevant facts. It's ignorance that makes one blind to the limits of one's own ability to asses one's own capability. Smearing lemon juice on your face doesn't make you invisible to security cameras. If you think it does, then you're not qualified to be a bank robber, but you're also not qualified to assess many, many other issues -- foremost among them, you're not qualified to assess your sills as a bank robber, and are likely to be utterly ignorant as to the possibility that you might not be able to assess those skills without outside assistance. Presented with relevant facts, these people remain impervious to rational assessment of a situation. They are so poorly equipped that they can't evaluate their own ignorance.

    The Anosognosic's Dilemma: Something's Wrong but You'll Never Know What It Is (Part 1)

    After the first disaster which destroyed a Space Shuttle and killed all the astronauts aboard, a presidential commission was appointed to investigate, by President Reagan. Its members included the nobel prize winning physicist, Richard Feynman. Feynman wrote his own appendix to the official report of the committee. It's one of the most fascinating documents, and should be required reading for any engineer, politician, manager, or judge . It ranks up there with The Selfish Gene, Goedel Escher, Bach, and The Mythical Man Month.

    Richard Feynman, the Challenger Disaster, and Software Engineering

    Feynman's Appendix to the Rogers Commission Report on the Space Shuttle Challenger Accident

    The lesson of the Challenger disaster directly applies to the Deepwater Horizon oil well blowout disaster. Simply because we haven't had a disaster yet does not in any way imply that we are not doing things, lots of things, which are likely to lead to a disaster.

    This problem applies to big problems, like managing national budgets, building and flying reusable spacecraft, drilling a mile under the ocean surface for oil -- and to small problems, like using mod points on Slashdot.

    --
    If you mod me down, I shall become more powerful than you could possibly imagine.
    1. Re:What is the opposite of insightful? by kingramon0 · · Score: 2, Interesting

      ... We know that we must run deficits, large ones, in order to create a demand stimulus large enough to moderate this trough of the economic cycle. Nonetheless, we have politicians trying to score political points by railing against deficit spending -- which didn't bother them for the past 8 years when they were in charge. ...

      While I won't argue with the fact that establishment Republicans are hypocrites, I believe your economic assertions are in error. Keynesian economics have been fully discredited, in my view. I subscribe to the Austrian School of economics, which states that reducing government spending and allowing bad debt to be liquidated is the only way to ensure the long-term stability of the economy.

      What you essentially said is that my view is ignorant, but perhaps you should investigate your own claims, and explain why Keynesian economic policies of running large deficits allowed the Great Depression to persist for 15 years, if it is so obviously the solution to a troubled economy.

      But my point is that there are ideas out there other than the one you believe to be true; it does not mean that people that disagree with you are ignorant.

    2. Re:What is the opposite of insightful? by commodore64_love · · Score: 4, Informative

      >>>Consider this week the news is full of European countries enacting substantial budget cuts. We know that's the wrong thing to do.

      "We" do? Not all of us agree. I'd estimate about 1/3rd of economists say cutting spending & taxes is the Correct thing to do, because it frees excess money to the private sector who can use it to invest in new factories and jobs and personal goods. In fact that's why the Depression of 1921 only lasted a year - the government cut spending/taxes and it freed-up money to be invested (at the corporate level) and spent (at the consumer level).

      The EU states are doing precisely the right thing according to the Hayek, Friedman, and Austrian economic models.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    3. Re:What is the opposite of insightful? by commodore64_love · · Score: 1

      >>>Great Depression to persist for 15 years

      Longer than that. The DOW Index did not return to 1928 levels until the 1950s. So we're really talking about a generation-long period of economic woes..... kinda similar to Japan's economy since 1990. (Keynesian spending sprees didn't help them either - it just drove them deeper into debt.)

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    4. Re:What is the opposite of insightful? by WhiplashII · · Score: 4, Informative

      Yes, Keynesian economic policies were recently practically killed by - believe it or not - a group of Harvard economists. Here is a link to the paper. It turns out that if you measure the economic effect of government spending, that effect is net lower employment, net lower commerce, and net lower investment.

      Essentially, no one in their right mind competes with someone supported by the government.

      --
      while (sig==sig) sig=!sig;
    5. Re:What is the opposite of insightful? by WhiplashII · · Score: 1

      Actually, a major breakthrough has confirmed what that 1/3rd of economists is saying. It seems government spending kills economic growth.

      --
      while (sig==sig) sig=!sig;
    6. Re:What is the opposite of insightful? by kingramon0 · · Score: 1

      I guess if I wanted a good moderation, I should have prefaced all that with "This will probably get me modded down, but..."

      Really though, I don't think my comment deserved a Troll moderation.

    7. Re:What is the opposite of insightful? by falconwolf · · Score: 1

      Consider this week the news is full of European countries enacting substantial budget cuts. We know that's the wrong thing to do. It times of economic prosperity, we should run balanced budgets or pay down national debt. When faced with a recession so enormous that people invoke the Great Depression as an analog, though we have only about 20% unemployment, rather than 30% or more, this situation is dire. We know that we must run deficits, large ones, in order to create a demand stimulus large enough to moderate this trough of the economic cycle. Nonetheless, we have politicians trying to score political points by railing against deficit spending -- which didn't bother them for the past 8 years when they were in charge.

      Many economist, including Nobel winner Milton Friedman disagrees with you. More than one economist believes government made the Great Depression worse and last longer than it would have if the government had done nothing. Heck, there are some who even place the blame for triggering the depression directly on government. When the US passed the Smoot-Hawley Tariff Act in 1930 raising import tariffs, other nations passed their own laws raising tariffs on what the US exported. This hurt most people.

      Falcon

    8. Re:What is the opposite of insightful? by toadlife · · Score: 1

      In fact that's why the Depression of 1921 only lasted a year - the government cut spending/taxes and it freed-up money to be invested (at the corporate level) and spent (at the consumer level).

      Meanwhile, back in realityland...

      The "depression" of 1921 was due to WWI ending and the resulting transition from a wartime to a peacetime economy. There was also a short, and very deep recession immediately after the second world war. As for spending, it was cut was because the government wasn't fighting a war anymore.

      --
      I don't always use unix-like operating systems; but when I do, I prefer FreeBSD.
    9. Re:What is the opposite of insightful? by BlueStrat · · Score: 1

      ... We know that we must run deficits, large ones, in order to create a demand stimulus large enough to moderate this trough of the economic cycle. Nonetheless, we have politicians trying to score political points by railing against deficit spending -- which didn't bother them for the past 8 years when they were in charge. ...

      While I won't argue with the fact that establishment Republicans are hypocrites, I believe your economic assertions are in error. Keynesian economics have been fully discredited, in my view. I subscribe to the Austrian School of economics, which states that reducing government spending and allowing bad debt to be liquidated is the only way to ensure the long-term stability of the economy.

      What you essentially said is that my view is ignorant, but perhaps you should investigate your own claims, and explain why Keynesian economic policies of running large deficits allowed the Great Depression to persist for 15 years, if it is so obviously the solution to a troubled economy.

      But my point is that there are ideas out there other than the one you believe to be true; it does not mean that people that disagree with you are ignorant.

      Oh, fer $DEITY's sake mods, c'mon! Troll!?!?

      This is simply another viewpoint, logically & reasonably presented. I thought the whole idea of a forum for "nerds" is to present opposing logical arguments and debate on the merits of logic and facts, not to make it another ideologically-driven, partisan political blivet (military circa WW2 definition).

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    10. Re:What is the opposite of insightful? by toadlife · · Score: 1

      Unless you redefine what a depression means, the great depression did not last for 15 years.

      Starting in 1933, the U.S. economy grew at a faster pace than it has ever grown. The only break in growth from 1933 to the recession after WWII was in 1937, right after FDR instituted spending cuts (I'm sure that was just an anomaly, right?). Unemployment did remain high, but it was so incredibly high in 1930, that it inevitably took many years to fully recover. At no other time in our nations history has employment been so low, so to say that employment didn't recover fast enough cannot be qualified by comparing it to another time. When unemployment is at 25%, expecting it to return to normal levels in a couple of years is simply not realistic.

      After WWII, the U.S. government continued to practice Keynesian economics all the way through the 1970s. During that time, the WWII debt was steadily paid down and there were no major financial crises. By the time Reagan entered office, the remaining WWII federal debt was very small - virtually nothing compared to the debt we have now. Reagan, showing his complete lack of understanding regarding economics campaigned on the danger of our "growing" debt, not understanding that while nominally, it was growing slightly every year, as a percentage of GDP it was actually shrinking.

      What Reagan started practicing in 1980 was *NOT* Keynesian economics by any stretch of the imagination, and it sure as hell wasn't Austrian economics either. The only stint of Keynesian economic policy we've had since 1980 has been the Clinton years.

      --
      I don't always use unix-like operating systems; but when I do, I prefer FreeBSD.
    11. Re:What is the opposite of insightful? by wanax · · Score: 1

      Business School != Economics, and economics itself has a really big black eye right now.. and Harvard is a place for 'serious' people who toe the politically acceptable line. There is no worse place to turn to for authority after all the predictions and theories have been problematic to say the least. I checked the references in the paper you linked: The political side has the most references (1959 is the oldest) none of which are from economists.

      On the economics side, the oldest reference is 1976, which is well after not only Friedman's important works but also after Black-Scholes was published in 1973. These contributions to our understanding of markets are ignored. Of course, this all misses the key difference: interest rates were not near zero within the time period of the data.

      A paper that never cites Keynes and ignores mainstream scholarship (even if that scholarship is wrong), cannot credibly make claims upon Keynes' theories.

    12. Re:What is the opposite of insightful? by wanax · · Score: 1

      Luckily, we have a case study to see whether those models are correct: Does Ireland or Spain recover faster? We'll see over the next several years.

    13. Re:What is the opposite of insightful? by Anonymous Coward · · Score: 0

      That paper has been ripped to pieces by Nobel Prize winner economist Paul Krugman:

      Paul Krugman's Blog.

      He basically says that economic policy 'inverts' if interest rates are up against the zero bound - i.e. right now, with a close to 0% Federal Funds Rate in the US.

      The Hardward paper you cite does not consider that scenario of deflation at all. If the US government's actions are so inlationary as they claim then why are interest rates so low and why has the US dollar strengthened [deflated] by 30% in the last year?

      The reason is that we are in the 'zero bound' zone, which is a special boundary condition under which expansionary monetary policy (i.e. making jobs by government spending - think Hoover Dam) is the best possible course of action, by a large margin.

      'Austerity' is a code word for 'let the rich keep their riches and make their money more valuable via deflation, while 90% of the population suffers from various effects of very high, 10%+ unemployment'.

      Japan went through such a crippling period of deflation in the 90's - called the 'lost decade'.

      'Austerity' is basically a clever rip-off (makes the rich richer and makes the poor poorer) _and_ it is also political suicide because those unemployed will vote the current government out of power during the next elections.

      Guess why the GOP and the far-right is advocating it so ferociously?

    14. Re:What is the opposite of insightful? by WhiplashII · · Score: 1

      Obviously, you never read the paper. Inflation is never even mentioned! The report is about government spending,, not interest rates.

      --
      while (sig==sig) sig=!sig;
    15. Re:What is the opposite of insightful? by WhiplashII · · Score: 1

      Wow, I've never seen the shoot the messenger approach taken against an actual peer reviewed paper before - well done. Your only substantial comment, on interest rates, must apply to some other paper. This paper does not deal with inflation or interest rates. The best you could claim is that this is a special time in history, where the rules no longer apply. That is a pretty weak argument, especially based on a non-empirical theory.

      --
      while (sig==sig) sig=!sig;
    16. Re:What is the opposite of insightful? by commodore64_love · · Score: 1

      >>>There was also a short, and very deep recession immediately after the second world war.

      Which was merely a small piece of the much great Depression. The stock market and the GDP did not return to 1928 levels until the early 1950s.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    17. Re:What is the opposite of insightful? by kingramon0 · · Score: 1

      Starting in 1933, the U.S. economy grew at a faster pace than it has ever grown. The only break in growth from 1933 to the recession after WWII was in 1937, right after FDR instituted spending cuts (I'm sure that was just an anomaly, right?).

      Grew in terms of what? The stock market didn't recover until the 1950s. If you're referring to GDP, do you think GDP growth backed by debt is just as good as GDP growth backed by capital (real wealth).

      What happens when you stop creating more debt? GDP goes down, right? Is that good? Is that sustainable? Do we want an economic system where we must perpetually increase the debt until the interest overtakes our ability to produce and we are all suddenly penniless?

      If we use debt to prop up the economy, it is not a real recovery. When you take the debt away, the gains are also erased. All you have done is prolonged how long it takes for markets to truly recover. Real wealth comes from capital.

    18. Re:What is the opposite of insightful? by Anonymous Coward · · Score: 0

      Krugman is a political hack. He stopped being a serious economist years ago. And even when he was a serious economist, macro economics was not his area of expertise.

      Krugman is also the writer who inspired the New York Times to implement a fact checking policy for their editorials page. That's hardly a boon to credibility.

    19. Re:What is the opposite of insightful? by wanax · · Score: 1

      As an academic, the first place I look in a paper with which I lack familiarity is the bibliography. It tells me what issues the authors feel they can confidently comment or revise upon in the text.

      You cite the paper as a debunking of Keynesian theories. But they do not cite any of the relevant literature: therefore, the authors do not feel that their results support a direct critical comment on Keynes (else they would have cited him).

      Peer review means only that. And when the peers are chasing unicorns, it's wise to be skeptical... Which is why I though it pertinent to mention that they are BSchool people.

      But to address your specific point: when short term interests rates are at 0, few of the generally accepted economic equilibria hold true. Any policy papers that don't address that rare condition are irrelevant at this time BECAUSE ZERO INTEREST FUCKS NEARLY ANY ECONOMIC EQUILIBRIUM EQUATION EVER DEVISED. And thus, you're peer reviewed paper is irrelevant to the current situation.

    20. Re:What is the opposite of insightful? by WhiplashII · · Score: 1

      OK, a few points:

      First, as an academic, you have difficulty predicting the actions of businessmen. You don't know what they care about, you can't predict their actions. They just about do the opposite of what you think they do. So non-empirical branches of economics like Keynesian theories start at a major disadvantage anyway. As a businessman, I know what drives my hiring decisions. I know why I have hired no new people since the government "stimulated" my competition. The government only chooses a single winner, and stimulates them. The economy lets everyone win a different race - so we all can see a reason to go forward.

      Second, your phrase here really says it all: "BECAUSE ZERO INTEREST ***** NEARLY ANY ECONOMIC EQUILIBRIUM EQUATION". You believe in an equilibrium equation. When someone shows you empirical data (the study I mentioned), you reply that it couldn't possibly be true because of your faith in a magic formula. Sorry - reality trumps magic formulas, regardless of whether your magic formula involves prayer or interest rates.

      This is a study that reports data findings. It does not report "we think x", it reports "the economy does x". You are then saying "well, this is a different time!" even faced with the study reporting a wide agreement with the finding no matter how they split the data up across economies and decades.

      You are wrong. If you want to further the belief in Keynesian theories, it is no longer enough to tell a good story.

      You must show it empirically. Good luck with that.

      --
      while (sig==sig) sig=!sig;
    21. Re:What is the opposite of insightful? by Abcd1234 · · Score: 1

      So, how're those ad hominems working out for you? I suppose, if anything, they make a good fallback position when you don't actually have anything constructive to contribute or a rational rebuttal to proffer.

  50. Work program... by lotho+brandybuck · · Score: 1

    Maybe they could put those engineers, rigs and workers in place checking and reinforcing existing infrastructure?

    1. Re:Work program... by the+eric+conspiracy · · Score: 1

      What is actually happening is the rigs are sailing off to Brazil, the North Atlantic and the Far East where they will be used to develop oil to sell to the US at high prices.

      The engineers and workers? Out of work. The local companies that service these exploratory rigs? Out of business.

      The economic output of each of these rigs is about $1 million per day. Over the course of 6 months 33 rigs amounts to a $6 billion hit to the Gulf economy. Exactly at the time it is already being hammered.

  51. Re:I'm fine with this ruling... by Altus · · Score: 1

    Grow up. Travel some. Learn that numbers mean things.

    From your grand parent post:

    His 6 month moratorium was overreaching and a cynical first installment for the anti-civilization, anti-prosperity "Cap-and-Tax" legislation being greased up to force down our throat like Obama's "Early Death Care".

    Seriously dude? You lost the right to tell someone else to grow up and stop exaggerating when you wrote that pile of bullshit. Cut the crap.

    --

    "In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson

  52. Hope that judge gets disbarred by mmalove · · Score: 4, Interesting

    First, a disclaimer.

    I happen to live on planet Earth. I am, therefore, somewhat biased to protect it. This bias may affect my perception of decisions, such as drilling oil wells that could have "immeasurable effects" on the ecology of the drilling site if done wrong.

    Now, this article summary, and the statement from the judge, shows clearly in my opinion why we should never use the word immeasurable as a way to justify one action or another. It seems the opposition quite quickly was able to measure the impact, and the impact is about 1%. The first oil company willing to pledge enough cash to completely recover from a second disaster like the BP one, I'd say happy drilling. Until then, we need to suspend drilling holes at depths where we aren't technologically far enough along to fix things if they go wrong.

    It does surprise me, that we've found the technology to destroy this planet hundreds of times over with nuclear energy, but we can't plug a hole a mile underwater. Kinda leads you to which way this planet's headed.

    --
    You can get 15 minutes of fame, but you can go down in history for infamy.
    1. Re:Hope that judge gets disbarred by spire3661 · · Score: 1

      Unlocking the power of nuclear chain reactions by basically smashing 2 pieces of uranium together is not at all the same thing as trying to work at pressures of that magnitude. A bomb is easy, living and operating in a very harsh environment is hard. There is a reason why its easier for us to go to space then the bottom of the ocean. Its a less harsh environment (LEO at least)

      --
      Good-bye
    2. Re:Hope that judge gets disbarred by Anonymous Coward · · Score: 0

      Until then, we need to suspend drilling holes at depths where we aren't technologically far enough along to fix things if they go wrong.

      Bingo! but, who do you think forced these companies to drill so deep, when it's much more economically sound and safer to drill in shallow waters??

      That's right: the government! Just because people doesn't like seeing the rigs from the shore.

    3. Re:Hope that judge gets disbarred by Abcd1234 · · Score: 1

      It does surprise me, that we've found the technology to destroy this planet hundreds of times over with nuclear energy, but we can't plug a hole a mile underwater.

      Only because you have no sense of the logistics of working a mile under water, while trying to cap something spewing out toxic sludge at enormous pressures. Space is more accessible.

  53. Coorporations can't make political donations. by pavon · · Score: 1

    Whenever anyone makes the claim that any corporation contributed to any political campaign, they mean that employees of that company made donations. That is because it is illegal for corporations to give money to federal candidates. So they have their upper management and majority stock holders "donate" money to a Political Action Committee which then donates the campaign. The effect is the same.

  54. LOL @ What? Millions Share His Belief. by weston · · Score: 5, Insightful

    LOL, tool.

    Exactly what are you laughing at? A year ago, the common wisdom -- particularly on towards the right side of the political spectrum -- was that environmental concerns are just handwringing by whacko liberal moonbats, that increased offshore drilling is a necessary part of a comprehensive energy plan, that it would help reduce our dependency on foreign oil (somehow, magically, despite the fact that in free market system it all goes on the global market anyway), and that The Industry can be trusted to self-regulate.

    Hell, if you read this thread, you'll *still* see people saying the industry can be trusted to self-regulate... it'll all take care of itself, don't you worry now.

    You know what's behind this? You know that meme that probably more than half of slashdot FIRMLY believes -- that the private sector is always more competent than the public? That the public sector can't do anything right, can't regulate correctly, can't do anything other than act as a net negative drag on the private sector?

    Yeah. Obama the radical socialist that he is? He partially believed that too. He believe what he was told by the executive apparatus and the oil companies -- that the oil companies had top expertise, that they knew exactly what they were doing, that they had safety dialed in and had right incentives to behave without further regulation. And, of course, that there wasn't massive regulatory capture during a presidential administration headed up by two guys who've been Oil guys for a long time.

    What would be funny if it weren't so utterly pathetic and gravely consequential for the future of our society is that even though Obama has apparently learned his lessons, there's millions who won't.

    Funny how it's playing out that way in financial regulation, too. We're all going to be asked to believe that cosmetic choices that won't cause any real pain for Wall Street are the best way to go -- and after all, the bankers and finance guys are the industry experts, so who better to advise us? We certainly wouldn't want meddling outsider officeholders drafting legislation about an industry they know little about without heavily consulting the industry about the best path, right? We wouldn't want heavy government involvement, anyway. That's a drag on The Market at best... and Socialism at worst.

    You're going to hear this stuff. Again. And Again. Lots of times between now and the election. Some of you with fiscal conservative tendencies are going to fall for it. Some of you with libertarian tendencies are going to fall for it hook, line, and sinker. If enough of you fall for it, we're going to be here again in 5-10 years, same people saying loudly that the real problem was government meddling, socialism, we should have just let the private sector work. And the same actors in the private system will be racing their yachts and walking away with billions while socialized environmental and financial cleanup costs mount, one way or another.

    Well, that's what you'll hear from some commentators. From others, you'll hear "LOL, tool."

    1. Re:LOL @ What? Millions Share His Belief. by Anonymous Coward · · Score: 0

      OP here, I called him a tool because he thinks that if people tell him oil rigs are "absolutely safe", then they are absolutely safe. Anyone with half a brain knows that it is impossible to declare something as complex as a deep sea oil rig "absolutely safe."

      Think Titanic.

    2. Re:LOL @ What? Millions Share His Belief. by gangien · · Score: 1

      You're going to hear this stuff. Again. And Again. Lots of times between now and the election. Some of you with fiscal conservative tendencies are going to fall for it. Some of you with libertarian tendencies are going to fall for it hook, line, and sinker.

      You're alternative is what? To regulate more? better? Your regulations will cause unintended consequences that will be worse than what you tried to prevent. Well either that, or your regulations will do pretty much nothing. Why was BP even drilling in deep water? regulation. Can't drill on land, can't drill in shallow water. Did regulations prevent this from happening? nope. There was already a good chunk of regulations in place. Will they prevent it in the future? nope. The fact that BP is going to lose billions will have a much bigger impact than any regulations that might get passed.

    3. Re:LOL @ What? Millions Share His Belief. by geekoid · · Score: 1

      Actually you're tool to think they don't know that.

      When grown ups talk, they will use general terms in general conversation.
      Just like when I say it's perfectly safe for me to drive to work. Yeah, I could break down statistical probabilities of having an accident, but that isn't needed in general conversation.

      IN specific engineering applications, then yes specific number sand statistic should be used.

      People like you jsut use it as an excuse to not have to think about your dearly heald opinion.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    4. Re:LOL @ What? Millions Share His Belief. by Anonymous Coward · · Score: 0

      Funny how it's playing out that way in financial regulation, too. We're all going to be asked to believe that cosmetic choices that won't cause any real pain for Wall Street are the best way to go -- and after all, the bankers and finance guys are the industry experts, so who better to advise us? We certainly wouldn't want meddling outsider officeholders drafting legislation about an industry they know little about without heavily consulting the industry about the best path, right? We wouldn't want heavy government involvement, anyway. That's a drag on The Market at best... and Socialism at worst.

      Attempting to regulate the derivatives market without advice from bankers and finance guys is going to be about as effective as congress throwing itself off a cliff and legislating gravity out of existence. You end up with a gigantic bloody mess, and no one understands why it happened.

    5. Re:LOL @ What? Millions Share His Belief. by Anonymous Coward · · Score: 0

      No, Obama was covering his ass with that statement. Next oil spill: "but, but, but I was told they were completely safe by smarter men than me."

      Absolute safety is an impossible requirement and Obama was trying to fool the electorate by saying he would only allow wells that could not fail, period.

    6. Re:LOL @ What? Millions Share His Belief. by Uberbah · · Score: 1

      A year ago, the common wisdom -- particularly on towards the right side of the political spectrum -- was that environmental concerns are just handwringing by whacko liberal moonbats

      Sure, there's even a name for such people: idiots. MMS was known to be a cesspool in 2008, and not only have the risks of offshore drilling been known for a long time, but we've had other such accidents, though in shallower waters.

    7. Re:LOL @ What? Millions Share His Belief. by dfenstrate · · Score: 1

      No one is seriously advocating for anarchy- but regulation is something that must be done carefully and cautiously.

      The easiest way to illustrate it is this- the more an industry is regulated, the more it is in that industry's interest to control the regulators. (Usually by purchasing politicians. Why don't you go look up how much money BP gave Obama's campaign, compared to others?)

      Controlling the regulators allows them to guide 'regulation' to the point where those without massive resources to navigate the regulations are blocked from competing with them. It also allows them to ensure the regulation doesn't fundamentally hurt their profitability.

      This isn't something you can regulate or legislate around. Increased regulation creates increased incentive to control the regulators. Human nature isn't going to change for your grand ideals.

      Secondly, well-intentioned regulations can create disastrous side effects. By attempting to directly dictate a solution to perceived problem X, you neglect to see that it will also adversely affect factor Y, and incentivise behavior 'Z', previously and rightly regarded as foolish behavior.

      My point? Rallying in the abstract for more or less regulation is meaningless. Specific regulations have specific consequences that need to be evaluated on an individual basis and repealed if the associated cost (in terms of slowing proper business, promoting risky behavior, or shutting out new entrants to the market) are too great.

      The regulators- and legislators who pull their strings- are fallible people with a different, but not perfect, set of incentives & motives than the regulated industry. Human nature has made it so, and the best laid plans of the brightest stock will not change a thing.

      Regulation is necessary, but I'm asking you to 'fall' for the notion that delivering quality regulation is a complex endeavor. The regulators are not pure, and the regulated are not evil. Sometimes a regulation is sh*t and should be tossed out. Sometimes more controls are necessary. Sometimes more regulation only shuts out competitors, and doesn't protect the public one wit more. Determining what specific CFR* hurts or helps takes a level head and a curious mind.

      (*Code of Federal Regulations)

      --
      Alcohol, Tobacco and Firearms should be the name of a store, not a government agency.
    8. Re:LOL @ What? Millions Share His Belief. by Anonymous Coward · · Score: 0

      Wow. Just wow.

    9. Re:LOL @ What? Millions Share His Belief. by Anonymous Coward · · Score: 0

      So your solution is meddling central government planning? Of course private sector will be cheaper and more efficient that public sector. Privatesector can not run deficits. Oil is engineering. Like software develpment things will go wrong. Shit happens we get up, learn, and move on. If the bar is perfection we might as well give up.

  55. He can declare anything he damn well wants. by jamrock · · Score: 1

    Judges are supposed to apply the law. Laws aren't made by a single person, but by the legislature. How do you propose to decide if the government obeys the law or not

    ...Oh..you mean like the office holder (Obama) that unilaterally declared the moratorium in the first place?

    The President is the Chief of the Executive branch of Government; he can unilaterally declare that the BP site be nuked from orbit if he so desires. It's the job of the Judiciary to determine the legality of his actions. There will always be that dynamic tension between the Executive and the Judiciary. Human nature being what it is, the Executive will always try to get away with as much as they can, while the Judiciary exists to make sure they comply with the laws of the land as enacted by the Legislature. It's called "Checks and Balances".

    And why the fuck am I even explaining this to you? Your response to the parent post didn't even make any sense in the first place. If you're not American, I apologize for being harsh; if you are, you should be deeply ashamed of your ignorance.

  56. And the potential economic damage to the area... by AnonymousClown · · Score: 1
    could nullify any economic gains from the oil industry.

    I gotta stop.

    --
    RIP America

    July 4, 1776 - September 11, 2001

  57. That is not at all how it works. by Brannon · · Score: 1

    Good lord...you are an idiot. Read a book or something.

  58. Re:You don't know what you're talking about. by mosb1000 · · Score: 1

    I'm saying he apologized for the shakedown. No one has ever said that BP shouldn't be liable for the damages it caused. But no one has said they caused $20 billion in damages either. $600 million in claims have been filed to date. Taking $20 billion to cover $600 million in damages is a shakedown no matter how angry you are at BP.

  59. U.S. District Judge Martin Feldman by Hartree · · Score: 1

    Judge Marty Feldman?!??? You gotta be joking...

    Well, I certainly hope he keeps an eye on this case.

  60. Let the moratorium stand by Anonymous Coward · · Score: 1, Interesting

    pointing out that a moratorium on 33 wells is unlikely to have a devastating impact in a region hosting 3,600 active wells.

    Those 33 wells are the focus of most of the high value work taking place. Finished, productive wells require very little labor or material relative to those 33 deep water wells. One of those deep water rigs is worth a hundred finished wells in terms of economic activity.

    The experts cited by the government as recommending a moratorium unanimously deny making any such recommendation. The Judge voided this moratorium in part because the government just made up that part. We we're repeatedly promised fact based, expert and scientific governance by Obama.

    I'm not happy with this Judge. This is just more judicial activism at work and I'm no more in favor of this instance than any other, even if the governments claims are bogus. The Interior Department has jurisdiction over the minerals of this nation and judges shouldn't be second guessing it any more than they should be imposing gay marriage on voters that reject it. Besides, I'd rather Obama and crew go into November with the moratorium in place, months after the huge layoffs in LA and the evacuation of all of the deep water rigs to South America and the African coast.

    1. Re:Let the moratorium stand by jonwil · · Score: 1

      One big point being made is that the number of people who are employed in tourism, fishing and other uses of the Gulf of Mexico far outnumber the number of people who are employed on the offshore exploration rigs.

    2. Re:Let the moratorium stand by shentino · · Score: 1

      Why don't they let them finish the existing wells in progress and just ban the starting of any more?

      That would seem to make more sense, since in theory they'd have had to get permits before they even started drilling.

    3. Re:Let the moratorium stand by oDDmON+oUT · · Score: 1

      The sad part is that the "people who are employed in tourism, fishing and other uses of the Gulf of Mexico" are probably making a fraction of what rig workers and those is oil associated businesses make, and as we all know money makes the most effective political lubricant of all.

      --
      Some days it's just not worth
      chewing through my restraints.
  61. Why stop offshore drilling now? by Wansu · · Score: 1

    The damage is done. No sense in stopping now.

    Imposing a drilling moratorium now is like shutting the barn door after the horse has run off.

    --
    Wansu, th' chinese sailor
    1. Re:Why stop offshore drilling now? by shutdown+-p+now · · Score: 2, Insightful

      o sense in stopping now. Imposing a drilling moratorium now is like shutting the barn door after the horse has run off.

      I dare say that shutting the barn door is the only reasonable thing to do if there are more horses still remaining in the barn!

    2. Re:Why stop offshore drilling now? by oDDmON+oUT · · Score: 1

      "The damage is done", again. This is just a rerun of 30+ years of bad corporate behavior.

      "No sense in stopping now. Imposing a drilling moratorium now is like shutting the barn door after the horse has run off."

      By that logic, we shouldn't worry about repeat pedophiles, serial killers, pharmaceuticals in our waters, PCBs, dioxin, or political and corporate malfeasance. Oh, wait, we aren't. We're too busy drinking partisan Kool-Aid®, or staring blankly at the toob salivating over the latest sex scandal or gossip tidbit to give a flippin' sh*t.

      We *need* to alert the fire department, because Rome *is* burning and we need to do something about it.

      --
      Some days it's just not worth
      chewing through my restraints.
  62. FUCK THOSE GUYS by Anonymous Coward · · Score: 0

    FUCK THOSE GUYS.

    Let 'em learn to build windmills and solar panels.

    and weave macramé planters from hemp...

  63. Even you are getting it wrong. by Estanislao+Mart�nez · · Score: 1

    He didn't give it to people, he put it in escrow. You can argue that this is still wrong, but at least accuse him of what he actually did. He didn't just hand out a bunch of money to whomever he wanted.

    Um, even you are getting it wrong. Obama didn't "put" anything in escrow; he pressured and convinced BP to voluntarily put $20B in an independently-managed escrow fund to pay claims. There has been no taking of property at all (and thus no question of "due process"); BP gave the money.

    1. Re:Even you are getting it wrong. by Bigjeff5 · · Score: 1

      Which was completely unnecessary, since BP already unequivocally promised to pay for every cent of damaged caused by the spill.

      They did this within days of the spill, by the way, yet somehow Obama is the fucking hero.

      Do you know what their legal responsibility is? $75 million for cleanup, and $1000 per barrel in fines. Yet they've already spent $2 billion in clean up, voluntarily and without government pressure of any kind to do so.

      Frankly, in my opinion, they would have been better off sending out $75 million worth of boom and saying "fuck it" for the rest, for all the credit their getting for doing the right thing in response to the spill. It would save them $20 billion, at the very least.

      I'm especially pissed at Obama, he's as culpable for this as Hayward is, yet he acts like a hero prancing around and making things far less safe than they were without him. Seriously, if Hayward can be held personally responsible for his lower level manager's bad decisions, should not Obama be held personally responsible for the actions of the MMS, which allowed this spill to happen? Obama's man had been in charge for over a year before the spill, either they were inept or they weren't trying to change the cozy culture of the MMS at all. Where is Obama's congressional hearing?

      --
      Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
    2. Re:Even you are getting it wrong. by falconwolf · · Score: 1

      Which was completely unnecessary, since BP already unequivocally promised to pay for every cent of damaged caused by the spill.

      What one promises and what one does can be totally different. Without an escrow account there is no way to be sure BP pays. And even that account will not guaranty BP pays everything.

      They did this within days of the spill, by the way, yet somehow Obama is the fucking hero.

      They were also saying only 1000 gallons a day were coming out. Scientists have since proven BP lied about it and that many more barrels are coming out. It's just as easy for them to lie about one as it is to lie about the other.

      Falcon

    3. Re:Even you are getting it wrong. by strength_of_10_men · · Score: 1

      Do you know what their legal responsibility is? $75 million for cleanup, and $1000 per barrel in fines

      Wrong. Their legal responsibility is $75 million PLUS removal costs, which is defined as

      containment and removal of oil or a hazardous substance from water and shorelines or the taking of other actions as may be necessary to minimize or mitigate damage to the public health or welfare, including, but not limited to, fish, shellfish, wildlife, and public and private property, shorelines, and beaches;

      AND the limit doesn't apply if it's determined that there was gross negligence or willful misconduct (also from the linky above)

      So no, BP can't just throw down $75 million worth of boom and walk away.

      What I find fascinating is your animosity TOWARDS Obama and making BP out to be the hero and aggreived party. Let's be clear - BP is not the victim here. The gulf, its inhabitants, its beaches and the people who depend on all of that - they are the victims here.

    4. Re:Even you are getting it wrong. by AK+Marc · · Score: 1

      Do you know what their legal responsibility is? $75 million for cleanup,

      Only if they had no negligence. From all reports so far, the $75 million cap will not apply, regardless of any statements of voluntary waiving of it.

      and $1000 per barrel in fines.

      Let's see. $1000 per barrel. 100,000 barrels per day. That's the estimate currently, last I heard. So that's $100,000,000 per day. Add that to 100 days of leaking. That's $10,000,000,000 in fines. And the $75 million cap is waived. And they are on the hook for every lawsuit by private people (and I'm thinking that juries will be more sympathetic to the people than BP). So $20 billion is probably well below the actual cost plus fines plus civil suits that BP will incur due to this, unless they convince people to take a quick settlement with the promise of cash from the fund, rather than stretching it out over multiple decades like Exxon.

  64. Re:You don't know what you're talking about. by mosb1000 · · Score: 1

    That's fine, but he wasn't apologizing for them having to pay for damages. I'm sick of hearing people say that he was.

  65. Ugh by JxcelDolghmQ · · Score: 1, Insightful

    Another fucking case of another fucking crooked Federal judge.

    I guess I better shut up, the last time I said anything bad about a federal judge he sent the Marshal Service to my house to bug me.

    True story.

    People want to blame our presidents (both past and president) for this country going to Hell in a handbasket when it's really the Judicial branch that's the problem.

  66. Slashcode. by Falconhell · · Score: 1

    Now so broken mods dont work at all.

    Will they ever get it right?

  67. Soros' Oil by Anonymous Coward · · Score: 0

    http://frontpagemag.com/2010/06/22/soros-oil-spill-payoff/

    This guy will make some money from the moratorium :)

  68. Re:You don't know what you're talking about. by commodore64_love · · Score: 1

    What about the Democrat Congressman who physically assaulted, plus grabbed by the neck and put in a chokehold, a student asking questions?

    Perhaps your moral code is different from mine, but I think there's a HUGE difference between a guy who thinks it is wrong for a president to have power to extract money from a company (no due process of law), and a guy who commits a criminal act on a public DC street. (But of course the Democrats' actions were a-okay and the TV media doesn't discuss them at all - instead they just keep replaying the Republican over and over.)

    --
    "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
  69. Re:You don't know what you're talking about. by commodore64_love · · Score: 1

    Perhaps he considers his Oath to the Constitution to be more important?

    To allow a single man to extract money from a corporation, without due process, is to create a lawless society. That is treading dangerous ground. When the Roman Republic and Julius Caesar tread upon that ground, it eventually led to a dictatorship and the death of democracy (the elected Senate became powerless) for over 1500 years.

    --
    "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
  70. Re:You don't know what you're talking about. by geekoid · · Score: 1

    It's not a shakedown. Not by any stretch of the imagination*

    A) It's in Escrow. Do you know what that means?

    B) 600 million is the tip of then iceberg. Look at the costs of smaller events, like Valdez

    Not a shakedown. Quite frankly it's appalling that people like you can not conceive of having a corporation set money aside to pay for the horrific damage that is still going on today. And will be going on for years.

    I knw everythign is Obama's fauklt:
    A) It's his fault for the accident
    B) He isn't working fast enough
    C) He got BP to set aside too much money
    D) The years of MMS cozying was clearly set in motion by Obama
    E) Obama didn't get enough money

    F) Obama didn't don e his secret under water jet suit to personally go to the well and calculate oil flow himself.

    He has handle this as best as any president could be reasonably expected to.

    You fucking twits are an albatross around the neck of a free society.

    *unless your imagination is sonpsered by big oil.

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  71. Re:You don't know what you're talking about. by interkin3tic · · Score: 1

    Perhaps he considers his Oath to the Constitution to be more important? To allow a single man to extract money from a corporation, without due process, is to create a lawless society.

    That would be a fair argument were we talking just about this particular incident, but I was taking about his other dealings on the committee. His opinion here may have been based on the constitution, but his phrasing to me sounded like he was on the oil industry's side, and I'm suggesting that he had oil's interests ahead of ours in things like safety regulations on these oil rigs.

  72. Re:You don't know what you're talking about. by commodore64_love · · Score: 1

    >>>He has handle this as best as any president could be reasonably expected to.

    Yes Bush handled the Katrina emergency as best as he could, but that doesn't stop Democrats from bashing him all these years later. It's a bit hypocritical for you (or anyone) to say it's wrong to criticize the current president, and then turn right round and criticize the previous president an hour later. It's also hypocritical to say it's wrong to portray Obama as a Nazi, when Bush was called a Nazi for most of the decade. "Do as we say, not as we acted during Bush's regime." Is that the motto?

    If it was okay to treat Bush as shit and blame him for the Katrina destruction, then it's certainly okay to treat Obama similarly. That's consistency.

    --
    "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
  73. Brazil by Anonymous Coward · · Score: 0

    All the deep water rigs will be moving to Brazilian waters. Yomama already gave them some money to do that (yes), and Soros (Mr. Democratic party hisself, the bluest of blue staters, the liberal darling) is "moving on" some of his cash that way as well.

    All part of the plan to keep bankrupting the USA productive middle class (now on the endangered species list and the largest "minority" we have) and then when the crisis is almost unbearable, just this side of "fuck it, revolt time!", transform this nation into a full plutocracy under some disguise of "socialism" under a slew of emergency executive orders.

    It's coming. Anyone who can't see it, doesn't want to see it.

    Never let a good crisis go to waste! Oh..be sure to include all the talking points about how it is the tea party's fault, or bush, or anything but what it really is, the international billionaire globalist class who have hijacked both political parties, own them outright, and also the government, and keep their brainwashed tame poodle grass roots organizers pointing fingers at the other brainwashed tame poodle grass roots organizers.

  74. Re:You don't know what you're talking about. by Albinoman · · Score: 1

    So long as some big oil monster doesn't come up and choke a guy, the oil spill, the ecosystem it's destroying, the 11 people that died on the rig, and the billions of dollars this will cost to fix are small potatoes, right? It's simple assault, who cares? You make it sound like he got the CIA to hack their account numbers and embezzle vast sums of money. Screw it, your moral code is different than, well, most everyone's.

  75. This all just means... by Anonymous Coward · · Score: 0

    ...the battle for middle earth continues.

  76. BULLSHIT by Woldscum · · Score: 0

    John Podesta's brother, Tony Podesta is BPs lead lobbyist. John is the founder of the Center For American Progress and the former Clinton chief of staff. Hopefully they can discuss in court just how much BP stock was traded in the 4 weeks before DWH blew up when it was known by BP/USGC/MMS to be an out-of-control well, by whom, and why! I now know why Obama didn't talk with the BP CEO for so long. John Podesta's FUCKING BROTHER is BPs lobbyist.

    http://www.glennbeck.com/content/articles/article/198/42150/

  77. Re:Why should it? It certainly is screwing things by Bigjeff5 · · Score: 1

    Maybe if we required redundant BOPs with an acoustic shutoff

    Saying "redundant BOP" is like saying "redundant RAID". A BOP is already redundant, it's built into the design. That's it's sole purpose: to be a redundant shutoff mechanism. Since the BOP actually crimps and cuts the pipe, adding another one adds nothing to your safety - if some condition caused the first to fail, it will almost certainly cause the second to fail as well. There is also new analysis of the oil flow that suggests that the BOP actually did attempt to close, but the pipe cracked before it could crimp shut for some reason, and so is shooting out of a small slit (which is more than likely opening wider).

    That could be an explanation for why original estimates were around 5,000 barrels a day, and are now into the 50,000+ range.

    --
    Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
  78. Re:You don't know what you're talking about. by Anonymous Coward · · Score: 0

    I thought the point was pretty clear. If a Republican had assaulted a journalist, then it would be on the front page of the NY Times every day until he resigned.

    There's a double standard. A Republican says something questionable, and the media not only talks about his statement endlessly, but exaggerates it and lies about it so most people don't even know what he said, but think he's terrible.

    I've seen the statement, and I know damn well what he was apologizing for: A President who has proven time and time again that he doesn't give a shit about the rule of law. But instead of talking about that issue, the media lies and claims he was apologizing for BP having to pay. Is this a real issue? Or is it just about mindlessly bashing Republicans?

    I'm against the President having control of an oil spill trust fund. I'm afraid that he'll do the same thing with the money that he did with GM. He gave GM to his Union buddies instead of the bond holders who were legally entitled to the company. I'm afraid that he will do the same thing with the trust money. The people who will suffer will be the people on the gulf coast who actually deserve that money. Instead, it will go to the President's buddies.

  79. Titanic vs Deepwater Horizon by Chris+Burke · · Score: 1

    Yes, anyone with half a brain knows nothing is literally "absolutely" safe. At the same time, anyone thus equipped automatically understands "absolutely safe" to mean "with a high degree of probability" or "absolutely safe to the best of our ability to ensure it, barring highly unusual circumstances", or hell at least "very safe". These are not inherently unreasonable statements, and I'd like to credit the President with the half a brain necessary to understand that. Indeed, I'd like to think that most of the country's acceptance of off shore drilling was based on the reasonability of these safety assurances.

    By the same token, nobody claimed the Titanic was literally unsinkable, until after the fact. They claimed specific safety features that would allow it to float under many circumstances that would sink other ships.

    But therein lies the key difference between the Titanic and Deepwater horizon.

    The Titanic sank because it hit an iceberg which opened up five of the hull's sixteen compartments to water, exceeding both it's specified and hypothetical ability to float. While there's a lot to be said about errors occurring up to the impact, the fact is that the ship was never designed to survive that kind of damage.

    Deepwater Horizon, on the other hand, was supposed to be able to prevent a spill in exactly the circumstances that occurred. Pockets of methane gas coming up the pipe were not unexpected phenomenon. That's why so many were shocked that the safety devices apparently failed. But then we learned that some of the equipment had already failed inspections, had shown signs of failure (like pieces of a seal floating up the pipe), and even that one of the safety devices had been deliberately disabled.

    This would be like if the Titanic sank even though only a couple of its cmpartments were breeched, but, woops, the builders hadn't bothered to actually separate them because that would have taken too long.

    Tone down the statement "absolutely safe" to whatever reasonable degree you want, and BP still failed to reach it.

    --

    The enemies of Democracy are
  80. No company should be allowed to drill... by tofubeer · · Score: 1

    ... if they cannot demonstrate that they have a way of stopping such a leak. I say let all of the oil companies have a crack at fixing the current leak. The one that manages to stop it can drill. Any company that fails to stop the leak can no longer drill.

  81. Re:You don't know what you're talking about. by AuMatar · · Score: 1

    No, he didn't. Not by a fucking mile he didn't. Lets count the differences

    1)Katrina was predicted. We had disaster plans for it for decades
    2)Katrina was known about days to weeks ahead of time, because hurricances are slow moving. We didn't know about the oil rig ahead of time
    3)Pre-Katrina the army corps of engineers had been complaining about lack of funds to fix the levies for years. Bush did nothing. No such problem here, although we do see MMS lieing down on the job we are at least seeing action on fixing that.
    3)Post Katrina the feds were slow to respond. Here the feds have been working on things since day 1.
    4)Post Katrina Bush publicly defended the man in charge of the fuck up, showing either a complete lack of knowledge or a complete lack of compassion.
    5)Post Katrina FEMA continued to mismanage money and provide subquality housing and shelter for years after. (Here we have to hold judgement on Obama, because this event is nowhere near over. He may do well or poorly. But the fund is a good start).

    We'll need to wait until its actually over to tell the end result, but so far Obama is leagues better than Bush in disaster recovery.

    --
    I still have more fans than freaks. WTF is wrong with you people?
  82. Re:You don't know what you're talking about. by Anonymous Coward · · Score: 0

    "Even more so, if you take his statement for face value, he is saying that nobody should ever be punished for their misdeeds."

    Why lie?

    He says that certain types of punishments shouldn't be applied, not that _no_ type of punishment should be applied. The particular type of punishment that he don't think should be applied is what he calls 'political shakedown'. He says nothing about other types of punishments.

    Of course, if you were willing and able to stop lying you would probably have done so by now.

  83. Re:You don't know what you're talking about. by Anonymous Coward · · Score: 0

    You are a moron.

  84. Where's the law-and-order conservative crowd? by jhylkema · · Score: 1

    You know, the ones whose motto is normally "sentence first - verdict afterward," "shoot first, ask questions later" or "hang 'em from the nearest tree"? These people who normally regard the Constitutional rights of individuals as mere "technicalities" that only benefit criminals have all turned into hairy-assed civil libertarians when it comes to a huge multinational corporation.

    Applying the same arguments the right wing usually applies to criminals, particularly those with the misfortune to have dark skin or a funny accent, all of BP's assets should have been seized and should be on the auction block by now. That $75 million limitation of liability? Pah, a mere technicality. We know they're guilty, so let's put Tony on a horseback and git-a-rope!

  85. It's the rule of law at stake here by jjo · · Score: 1

    The problem Barton complained of was not that BP had to pay for damage it caused, but rather the extra-legal medium for compelling the payments. The USA is (or was) governed by the rule of law, and obligations such as BP's are judged and enforced by the courts. Obama has peformed an end run around the courts by pressuring BP to set up this $20b fund. That, not the underlying obligation of BP to pay, was the sustance of Barton's complaint.

    1. Re:It's the rule of law at stake here by falconwolf · · Score: 1

      The problem Barton complained of was not that BP had to pay for damage it caused, but rather the extra-legal medium for compelling the payments. The USA is (or was) governed by the rule of law, and obligations such as BP's are judged and enforced by the courts. Obama has peformed an end run around the courts by pressuring BP to set up this $20b fund.

      BP did not have to comply, as this judge has shown the courts can invalidate a president's actions. That BP caved in to Obama isn't Obama's fault but BP's.

      Falcon

  86. Moratorium by Anonymous Coward · · Score: 0

    It's worth recalling that Obama was also the one *who ended the long-running moratorium on offshore drilling*.

    I live in Canada. We never see this fact mentioned in U.S. new items and discussions. Is this even in the news there?

    1. Re:Moratorium by Anonymous Coward · · Score: 0

      We never see this fact mentioned in U.S. new items and discussions. Is this even in the news there?

      No. Schwarzenegger did the same thing at about the same time in California. The MSM don't talk about that either; it's like none of that ever happened and Eastasia has always been the enemy.

      They're also not talking about who appointed this fool of a General, McChrystal. You'd think he just wandered into Afghanistan one day, took over the command on his own authority and started bad-mouthing the commander-in-chief.

      If one of Bush's generals had diarrhea of the mouth with Rolling Stone Michael Moore would have built a movie around the quotes and the MSM would spend the next 3 years hawking it for him every evening.

    2. Re:Moratorium by Anonymous Coward · · Score: 0

      They're also not talking about who appointed this fool of a General, McChrystal. You'd think he just wandered into Afghanistan one day, took over the command on his own authority and started bad-mouthing the commander-in-chief.

      I don't know about what media outlets you use, but on CNN the day the General McChrystal flap every segment they mentioned at least once that had Obama had been responsible for McChrystal being in his current job and supported the general's overall strategy. Although the exact words where not used, the underlying spin on this was McChrystal was accidentally "biting the hand that fed him", if not being willfully insubordinate (at one point they even examined the Military Code of Conduct's definition of insubordination). One thing I learned is that according to the US military, it's not insubordination to simply disagree with your commanding office; it is however insubordination to not follow a legal order, show clear disrespect to the commander, or in any other way undermine the commander's authority because you disagree with them.

  87. I believe you just described a shakedown by Quila · · Score: 3, Insightful

    Give us the money now or things could get hard for you later.

  88. Re:You don't know what you're talking about. by Albinoman · · Score: 1

    You do realize how funny this statement is after sitting through the last president, right? The media bashed the shit out of anyone dissenting from Bush right up till the last election, especially concerning the Iraq war. Everything about that war has been a total farce, but anyone pointing it out was raked over the coals for it. And giving money to buddies? Is it any different than awarding overpriced no-bid contracts to his buddies? The more I see of Obama, the more he's just Bush wearing a mask.

  89. The Administration...kind of...lied by bartwol · · Score: 1

    The Obama Administration's decision to have a moratorium was based on a report the Administration had produced by a bipartisan committee. The Administration's summary states that the recommendations of the report were "peer-reviewed by seven experts identified by the National Academy of Engineering." However, the Administration failed to point out in its summary that 5 of those 7 experts disagreed with the report's recommendations, and believed that the 6 month moratorium was not supported by the facts of Deepwater Horizon case.

    Not surprising to me, this Administration ignores legitimate science in making it's so-called scientific decisions. In doing so, it is like the other administrations before it. This Administration, however, is distinguished in the lengths of its rhetoric to claim a higher regard for science than prior administrations. (I knew they were bullshiffers when they insinuated during their campaign that science clearly reveals right and wrong solutions to our complex problems; it does not.)

    The judge found completely unsupported technical non sequiturs in the Administration's decision. For example, the "peer-reviewed" report expressed technical concerns about drilling challenges in waters greater than 1,000 feet, and yet, the moratorium simply cuts off at a more restrictive 500 feet without any explanation for where that number came from.

    The Administration dismissed oil industry claims that the moratorium would cause irreparable harm. That position was based on the Administration's correct belief that the oil business would ultimately resume drilling operations after the moratorium is lifted. However, the Administration ignored the very clear evidence that thousands of workers and hundreds of businesses would very likely be irreparably harmed and permanently displaced by the moratorium. So though big oil will survive, many of the oil people of today won't. In this way, it appears that the Administration's definition of survival is a purely abstract perspective that is satisfied with the survival of an industry over the long run, but has no concern for the actual people in that industry who will be irreparably harmed now. (A lifetime in government can make you forget about people.)

    It is clear to me that the reason the Administration called these shots was because the voting public roared, and the Administration had to do _something_, and shooting stuff down is _all_ it can do. But that's no substitute for legitimate risk mitigation. It's a grossly cynical political maneuver, performed at the very material expense of tens of thousands of people, and done as pandering to many millions more whose only connection to this thing is through newspaper headlines, and whose only damages are emotional.

    Be mindful of our environment. Be mindful of each other. Learn from our mistakes. Leave politics at the door.

    1. Re:The Administration...kind of...lied by JohnnyDoh · · Score: 0

      Your Goddamned right the voting public roared. We said "Stop drilling until you know how to plug a leak a mile under water."

    2. Re:The Administration...kind of...lied by oDDmON+oUT · · Score: 1

      "The Administration dismissed oil industry claims that the moratorium would cause irreparable harm. That position was based on the Administration's correct belief that the oil business would ultimately resume drilling operations after the moratorium is lifted."

      If that's the case, then what about this assertion?

      "Most troubling of all, the government has allowed BP to continue deep-sea production at its Atlantis rig - one of the world's largest oil platforms. Capable of drawing 200,000 barrels a day from the seafloor, Atlantis is located only 150 miles off the coast of Louisiana, in waters nearly 2,000 feet deeper than BP drilled at Deepwater Horizon. According to congressional documents, the platform lacks required engineering certification for as much as 90 percent of its subsea components - a flaw that internal BP documents reveal could lead to 'catastrophic' errors. In a May 19th letter to Salazar, 26 congressmen called for the rig to be shut down immediately. 'We are very concerned,' they wrote, 'that the tragedy at Deepwater Horizon could foreshadow an accident at BP Atlantis.'" RS 1107

      Say what you will about Rolling Stone, but I've always found their investigative reporting to be spot on, and if a 10th of what that article has to say is true we need to not only have a moratorium, but institute random inspections with agencies having the authority to shut down any operation failing any regulated safety criteria.

      Just to "Be mindful of our environment." as well as "Leav[ing] politics at the door."

      --
      Some days it's just not worth
      chewing through my restraints.
    3. Re:The Administration...kind of...lied by bartwol · · Score: 1

      There is nothing about the judge's decision intended to preclude the government from exercising its regulatory discretion and powers with respect to offshore drilling. The government simply needs a reasonable basis for doing so. MMS could shut down Atlantis for the reasons you describe. But imagine if there had been no Deepwater Horizon catastrophe, and an MMS inspector came upon the deficiencies you describe at Atlantis, and then decided to shut down all offshore drilling operations simply because of the deficiencies at Atlantis (without having a basis to believe the same deficiencies exist elsewhere). THAT "arbitrary and capricious" decision would have the same legal problems of the one we have today...it would cause irreparable harm without reasonable cause.

      I'll allow that you've made a case to shut down Atlantis. Combined with Deepwater Horizon, there's probably even a case to shut down all BP operations. But nothing about your argument puts forth a basis for shutting down all offshore operations.

  90. Barton said something very unpopular, by falconwolf · · Score: 1

    but he is dead right.

    No, he was dead wrong. BP did not have the money seized from they, they willing agreed to put the money in an escrow.

    Of course people like you would rather those harmed not to be paid. Look at Exxon Valdez, more than 20 years later and those people still have not been paid.

    Falcon

    1. Re:Barton said something very unpopular, by bendodge · · Score: 1

      BP did not have the money seized from they, they willing agreed to put the money in an escrow.

      While you are technically correct, the press recognized that BP had little choice and reported that Congress ordered them to. Congress did loudly order it, ever though they had no legal muscle behind it. Doesn't that seem abusive?

      Of course people like you would rather those harmed not to be paid.

      That's totally untrue. I just object to the bullying and discarding of proper procedures. We have a court system for these kinds of things.

      --
      The government can't save you.
    2. Re:Barton said something very unpopular, by falconwolf · · Score: 1

      While you are technically correct, the press recognized that BP had little choice and reported that Congress ordered them to. Congress did loudly order it, ever though they had no legal muscle behind it. Doesn't that seem abusive?

      Yes it was abusive but BPS didn't have it due process violated. As TFA says, "Judge lifts offshore drilling ban as `overbearing'", shows courts can and do overrule congress and presidents.

      I just object to the bullying and discarding of proper procedures. We have a court system for these kinds of things.

      And BP did not use the court system when it could have. Let's copy that again, "Judge lifts offshore drilling ban as `overbearing'"

      Falcon

  91. sue? by falconwolf · · Score: 1

    Due process my ass. You seriously want to tell thousands of gulf fishermen that they need to hire lawyers, initiate a lawsuit, and fight for their lost wages? With what money are these fishermen going to hire said lawyers? BP has enough lawyers they could tie the lawsuits up for years while these guys starve.

    That's what the fishermen in Alaska did after the Exxon Valdez spill. More than 20 years they are still waiting to be paid.

    Falcon

  92. comparison doesn't matter by phossie · · Score: 1

    How many other industries have consequences of the same magnitude when they fuck up?

    Ethics aside: If you can't absorb the risk, you shouldn't make the wager... unless you have no qualms about being forced to walk away from the game.

    Being an oil company is a choice. Being an oil company that does deepwater drilling is a choice. Being an oil company that does deepwater drilling poorly is a choice.

    Since when does being bad at your risky job entitle you to privileges unavailable to people who aren't as stupid as you are?

    (Oh yeah, sorry, that's a long list right now. I guess we know how this will turn out.)

    --

    [|]
  93. T-shirts collections by gracetaylor23 · · Score: 1

    Excellent post. I like such themes and anything connected to this matter. I definitely want to read more on that post soon.That would be the good article certainly made this segment amazing.Keep it up! Cheap Wholesale T-shirts

  94. Whoa, easy on the koolaid son by SmallFurryCreature · · Score: 1

    You are supposed to drink the koolaid, not pickle yourself in it.

    The agency concerned also showed no evidence that the incident that happened was likely to happen, but it did.

    Isn't that it went wrong so badly enough proof that things can go badly?

    A little less faith in the almighty oil companies and a little more critical independent thinking would suit you.

    Basically you got a biased judge (everyone does it is NOT a defence) going against the evidence of the disaster and claiming the a few wells are going to ruin the economy. Geez, anymore then it already has been ruined by the likes of this judge whose poor decision making skills have lead to this disaster in the first place?

    Right wing capitalists, the Iraqi minister of information got nothing on you. "No sir this oil well is NOT burning, tons of oil are not pooring into the ocean, the local ecology and economy are not being devasated."

    But you are slipping, you really should have added how benefits are bad for poor people but good for rich people if they happen to run banks or car companies.

    If I was Obama I would tell the Americans to go screw themselves.

    --

    MMO Quests are like orgasms:

    You may solo them, I prefer them in a group.

  95. good decision by SuperDre · · Score: 0

    If they only had been drilling for a few months at those depths then I would agree, but drilling at those depths has been going on for years now with no accidents happening.. Also they know pretty good what actually happened at the dissaster site. Being realistic and even with that the judge might have some interest, stopping drilling would cost thousands of jobs at those sites, which means also the suppliers will have to let a lot of people go, which means the suppliers of the suppliers would also have to let people go (and so on).. I agree that current/new sites should have stricter protocols/safeties (Hell, the US goverment should look at them selves also for the disaster as they don't even have a mandatory safetyvalve in the contracts (which over here in the EU is mandatory (I think it even must have 2 safetyvalves)), ok in this case BP did have one safetyvalve and it didn't function properly), but stopping drilling won't do anyone any good.. One thing that has bothered me, is the fact why they didn't just blow the well with nukes, just like the russians have done a couple of times.. I can only think of one reason, and that is really pure money, as I presume blowing it up like that makes the well unusable for quite some time..

  96. New version needed: by oDDmON+oUT · · Score: 1

    The joke used to be... Q: "What are 500 lawyers at the bottom of the ocean?" A: "A good start."

    I respectively submit that it be officially changed to: "What are 500 judges at the bottom of the ocean?", with the same answer.

    --
    Some days it's just not worth
    chewing through my restraints.
  97. The chemical industry is one example by Shivetya · · Score: 1

    we saw what happens in India when things go wrong.

    Any industry handling dangerous materials which does not adhere to known proper safeguards and procedures is subject to a major disaster. You can toss in Nuclear power too as seen in Russia. It does not matter if it is government or a private entity, things can go wrong, things go wrong faster when you don't pay attention

    --
    * Winners compare their achievements to their goals, losers compare theirs to that of others.
  98. better car analogy by WinPimp2K · · Score: 1

    Your car (lets call it a Toyota for fun) mysteriously accelerates causing you to crash into someone. The government says no new cars may be manufactured until the problem is fixed. Should Toyota have to pick up the payroll for Ford, GM, Volkswagen, SAAB, Honda, and Hyundai until the government lifts their moratorium? How about the employees of the subcontractors like Owens-Corning or Firestone?How about the employees of the car dealers? The repair shops? The auto insurance companies?

    --

    You either believe in rational thought or you don't
  99. Appointment/Unappointments by wonkavader · · Score: 1

    Federal judges are appointed. What's the procedure for removing a judge from office?

    Does failure to recuse himself when there's an obvious conflict of interest constitute grounds for such a removal?

  100. by what authority? by Anonymous Coward · · Score: 0

    I could be wrong here, but if I recall correctly a judge (regardless of level) has no authority to overturn a decision by the executive branch. Without knowing all facts - it would appear the executive branch has legal authority over drilling permits. Therefore the executive branch can decide at any time whether to allow or deny drilling activity. A judge simply cannot overrule a decision by the executive branch just because they don't like it, they have no authority to do that. At best, this judge could bring a case to court seeking to challenge the legal authority, or the extent of the legal authority of the executive branch with regards to drilling permits, and seek to have the law changed. If the law (the one that gives the executive branch authority to regulate drilling) is then found to be unconstitutional or in violation of some statute or unconscionable or some such thing by the court, then it goes back to the legislature to rewrite the law and vote on a new/amended one, which can then be signed into law by the president. Rinse, repeat. Judges: Stop trying to legislate/execute from the bench, it's not your job.

  101. Re:So? Chicago Politics? by Anonymous Coward · · Score: 0

    Looks like Obama's using the politics he knows from Chigago to me. That certain is a change I don't believe in.

  102. No, it's a bargain, plea deal, settlement, etc by Chris+Burke · · Score: 1

    Give us the money now or things could get hard for you later.

    When the "things" that could get "hard" are the legal consequences of your actions, then that's not a shakedown.

    People and corporations make out-of-court deals all the time. The idea is that you agree to some penalty that is less than if you were to go to court and lose, while the prosecutor/plaintiff gets a positive outcome for them without the expense and risk of litigation.

    The difference between striking a deal with prosecutors, and being shook down by the mafia, is that if you refuse the deal with the prosecutors then you still get your day in court. The penalty for not paying the mafia is not a matter of due process, it was not a penalty you would ever legally owe. The government on the other hand has every right to pursue every legal penalty against BP.

    Offering to go easy on them if they play ball now is not a shakedown, it's a deal -- and it tends to annoy people when dealing with ordinary criminals. But when its a fabulously wealthy multinational, suddenly it's unfair to try to get them to cooperate in return for better treatment.

    If BP thinks this "shakedown" is unfair, all they have to do is say no and go to court. Obviously they think their chances are better with a happy government than with a pissed one. They think they're getting a deal, or they'd just say no.

    There's no violation of due process here.

    --

    The enemies of Democracy are
  103. Justfication for next years drilling Budget by WarmNoodles · · Score: 1

    Clearly regulators, lobbyists, need to justify next years offshore porn budget. I suspect the offshore porn satellites are high speed low drag with less bandwidth restrictions than local on shore ISP's.

  104. BP = BP +Amoco. Oopsie. by Anonymous Coward · · Score: 0

    BP = BP +Amoco. Oopsie.

    PS What about MS (Ireland)? Is THAT not a foreign company?

  105. Do you know what "Due process" even is? by falconwolf · · Score: 1

    Yes I do, you obviously don't though. Yes, people and businesses are due due process when their property is taken, however none of BP's property has been taken yet. BP voluntarily setup an escrow account and deposited money in it. There was political pressure but BP could have told Obama to take a hike. As New Orleans' federal judge proved, which TFA is about, a court of law can declare the government does not have the ability to take something.

    As for the victims of this spill, they have claim too, but you can't ignore the laws, constitution, and set procedures contrary to them just to satisfy your sense of empathy or anger. IF we did that, we could see things like a right to a fair trial or trial by a jury of our peers disappear just as easily when someone else finds the need convenient.

    The Constitution lost meaning many years ago. Today politicians use it for toilet paper, both Democrats and Republicans. Obama is just the most recent example. His predecessor, Bush, trashed the Constitution as well. There was no due process for prisoners at Gitmo. Hell there was no due process in the invasions of Afghanistan or Iraq. The feds have been denying states states rights. Bush went after CA after the state approved medical marijuana.

    If the USA's Founding Fathers were alive today they'd be calling for another revolution. As Thomas Jefferson said "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."

    Falcon

    1. Re:Do you know what "Due process" even is? by sumdumass · · Score: 1

      Yes I do, you obviously don't though. Yes, people and businesses are due due process when their property is taken, however none of BP's property has been taken yet. BP voluntarily setup an escrow account and deposited money in it. There was political pressure but BP could have told Obama to take a hike. As New Orleans' federal judge proved, which TFA is about, a court of law can declare the government does not have the ability to take something.

      I should have known you were just trolling. Due process is a specific legal term used in the US constitution and honored by the Courts and governments subject to the jurisdiction thereof. It has nothing to due with people and businesses unless they are in a legal action. The entire point of this thread branch is that BP's voluntary action was at the end of a stick poking them. You can't say their actions under coercion is strictly a voluntary procedure. And with the coercion, you do not know if the action was willingly or a direct result of it making it an action under duress. And yes, that's a specific legal term too.

      The Constitution lost meaning many years ago. Today politicians use it for toilet paper, both Democrats and Republicans. Obama is just the most recent example. His predecessor, Bush, trashed the Constitution as well. There was no due process for prisoners at Gitmo. Hell there was no due process in the invasions of Afghanistan or Iraq. The feds have been denying states states rights. Bush went after CA after the state approved medical marijuana.

      No, the Constitution did not lose meaning. People have attempted to go around it, and some were/are successful at it. But that doesn't mean it lost it's meaning, it means that some people are ignoring it.

      BTW, there was, is and still is due process for the prisoners at club gitmo. It's not the same due process that you and I enjoy, but it's there and defined by law. There was due process for the invasions as congress explicitly authorized them per their constitutional requirements. I can see you are still not understanding what Due Process actually is. Maybe you should buy a blacks legal dictionary or something. Older versions can be found cheap and the term due process hasn't changed all that much in 200 years.

      Also, the US constitution supports Bush going after California over medical marijuana in that the constitution says federal laws are the supreme law of the land (under the constitution). Where the US constitution doesn't support that is the federal government has no constitutional authority to have a law concerning Marijuana that is cultivated and consumed entirely within a single state. So the action was constitutionally justified even if the law isn't.

      One of the reason why Bush and Obama and whoever else is able to screw the constitution is because of people like you. When you object to the things being done which are not in line with the constitution, you're not giving the right reasons which ends up making you look like an uneducated loon. You are right to be upset over these things, giving up and saying someone else did it isn't the answer, ignoring the concepts and constructs isn't either. The fight for right can be won, it just need to be accurately represented.

  106. What does this have to do with the above? by falconwolf · · Score: 1

    What "this"? What "above"?

    Are you saying that lenin did not do forced nationalisation or that the boards of AIG + co are communist sympathisers? Or is there there something I am missing here?

    One, I said no such thing. And two, I think this is quite clear: "if you think communism and socialism excludes government investments and needs forced nationalization you are the one who needs their head examined. Even wealthy people supported communists."

    Falcon

  107. Re:You don't know what you're talking about. by falconwolf · · Score: 1

    What about the Democrat Congressman who physically assaulted, plus grabbed by the neck and put in a chokehold, a student asking questions?

    I haven't heard of this, but if it did happen then the miscreant, congressman, should be made to pay.

    I think there's a HUGE difference between a guy who thinks it is wrong for a president to have power to extract money from a company (no due process of law)

    Obama does not have that power, BP caved in. If BP had wanted to it could have sued the government. And as TFA's judge showed the court can find what the government did was wrong.

    Falcon

  108. It wasn't legal consequences, it was extralegal by Quila · · Score: 1

    it's a bargain, plea deal,

    You make those after there has been a legal finding of actions, such as a grand jury indictment. There has been no such finding here. Way in the beginning BP said it would pay for the legal consequences of its actions. As far as the law is concerned, no more pressure was necessary.

    But Obama wanted more than the law.

    Obviously they think their chances are better with a happy government than with a pissed one.

    Legal and illegal is not the same as the administration being happy or unhappy. You again described the extralegal shakedown.

    Before this BP had done everything legally required. The administration wanted more than that and used the threat of persecution to make BP pay up more.

    It is clearly a shakedown, and of course BP thinks it's unfair. However, BP has a responsibility to the shareholders. If management thinks paying off a shakedown is cheaper than the full might (legal and extralegal) of the US government being brought to bear on them, then management won't risk going to court no matter how far outside the law the shakedown is.

    And people complained about GW Bush abusing his power as executive.

  109. Re:You don't know what you're talking about. by falconwolf · · Score: 1

    He has handle this as best as any president could be reasonably expected to.

    No he didn't. Obama let BP handle it when he could have called all the experts around the world to help.

    Falcon

  110. Re:You don't know what you're talking about. by falconwolf · · Score: 1

    To allow a single man to extract money from a corporation, without due process, is to create a lawless society.

    In fact BP did not have to set up the escrow account, if it wanted and Obama tried to seize BP assets BP could have sued. And judges do tell the government it went too far. The judge in TFA did just that, "Judge lifts offshore drilling ban as `overbearing'".

    Falcon

  111. Quantified risk? by Anonymous Coward · · Score: 0

    How much is this risk? Do you think that every well which fails in this way has this much oil under this much pressure?

    If you're going to try to quote the moratorium statement in the expert study, keep in mind that the moratorium phrasing was added after the experts were done with the study and those experts have protested the modification of their report.

  112. Re:Why should it? It certainly is screwing things by falconwolf · · Score: 1

    Now we have a Federal Government actively standing in the way of states trying to prevent an ecological disaster while at the same time using the same disaster as a means to eventually forever block drilling

    Citation needed!!!

    In fact this admin supports off-shore drilling. Prior to the accident it proposed lifting restrictions on drilling off-shore. "On March 31, 2010, President Obama proposed to open vast expanses of American coastlines to oil and natural gas drilling, much of it for the first time".

    Falcon

  113. I should have known you were just trolling by falconwolf · · Score: 1

    No, you're the troll and this is my last post in this thread. I won't even bother reading past what I put in the subject line.

    Falcon

    1. Re:I should have known you were just trolling by sumdumass · · Score: 1

      That's nice, you weren't adding much anyways.

  114. The penalty for not playing is legal consequences by Chris+Burke · · Score: 1

    No, you don't have to wait until there is legal action against you to strike a deal. That's only in the specific case of the plea bargain, but many deals are struck before the courts are ever involved. There is nothing unusual or extralegal about this.

    Happy versus unhappy government is describing how rigorously they will pursue legal remedies. Of course BP said they'd pay for the legal consequences; how could they claim otherwise seeing as they have no choice in the matter? Of course they were also going to fight those consequences in court to have them reduced as much as possible. But if they demonstrate good faith beforehand, then those legal consequences may be less than they could, legally, be, without having to go through the trouble of a court fight. This again is quite common and completely legal.

    That's the whole point, that's why there is nothing extralegal about this -- if BP doesn't cooperate with the government, the government will pursue the maximum legal penalties against them, which of course still means the government has to win their case in court which makes this completely unlike actual shakedowns. Offering to pursue less than the maximum legal penalty is a deal, not a shakedown.

    You say they've done everything they're legally required to do, but the investigation into what happened and what safety guidelines BP evaded is still ongoing and it's the legal consequences of that which they are -- based solely on what is known up to this point -- rightfully afraid of. It is for that reason that BP has every incentive to cooperate with the government, in hopes that compliance now will make them look better in the coming legal shitstorm.

    --

    The enemies of Democracy are
  115. There is already a law that covers this by Quila · · Score: 1

    And BP is complying with the law, said it would from the beginning. Anything extra is a shakedown. The administration doesn't consider the current law adequate. Too bad. That's the law. But the administration thinks it can arbitrarily go above the law. And BP will comply because it is in an industry that is beholden to the government for its very existence.

    he government will pursue the maximum legal penalties against them, which of course still means the government has to win their case in court which makes this completely unlike actual shakedowns

    The consequence of not going above and beyond the law is carried out through the court system AND various executive regulatory actions. The full power of the federal government would be against them through "difficulties" in getting past all regulatory hurdles, through moratoriums on drilling (already flexed a little of that muscle), through the likely expense of hundreds of millions of dollars to defend against even baseless prosecution by the government.

  116. The law hasn't taken action yet by Chris+Burke · · Score: 1

    The consequence of not going above and beyond the law is carried out through the court system AND various executive regulatory actions.

    Yes, all of which has yet to occur. BP has yet to face those consequences. Which is why the government offering a way for them to reduce those consequences is the opposite of a shakedown. This is a simple concept. You do something stupid and damaging. You are facing massive lawsuits and regulatory action for this. The government says, help to make it right now, demonstrate good will (and no, saying "I will comply with the law" doesn't count because you don't have a choice), and we'll go easy on you in said future legal action. Otherwise, we will not go easy on you.

    ZOMG MAFIA SHAKEDOWN!

    Jeezus. Do you think being offered the chance to take defensive driving for a speeding ticket before you've even been proven guilty in court zomg is a shakedown?

    through the likely expense of hundreds of millions of dollars to defend against even baseless prosecution by the government.

    I don't know which is more ridiculous -- that you're implying that hundreds of millions is a serious penalty for the negligence of a company the size of BP, the kind that would supposedly make them pay out billions of "extralegal" damages, or that you're suggesting that prosecution against them would be baseless.

    No, wait, I know. It's the latter. Acting like BP are innocent victims here, like this isn't a direct consequence of their own negligence and cutting of corners on safety and ignoring signs of danger all in the name of saving a few bucks, is beyond stupid, it's disgusting.

    --

    The enemies of Democracy are
  117. BP will face the consequences by Quila · · Score: 1

    As much as the Chicago mafia wants BP to do so. BP is now their bitch.

    "Yes, all of which has yet to occur. BP has yet to face those consequences. "

    In a predictable legal framework, the necessary environment for successful businesses, BP knows the consequences and has given indication to live up to them. No more is needed. The administration strong-arming companies outside of that framework is detrimental to business in this country. Just the thought they can do it is scary.

    And after that you again described a shakedown.

    Do what we want whether the law says you have to or not, and we may go easy on you. Not easy just in the legal and regulatory world, but now we can use our pulpit to tell the world you're not so bad a guy. Don't play ball and we'll use our position to demonize you daily, which can affect your stock, and get CEOs fired once they become too hot. We've handled this so badly so far, we need a clear victory. Pay up to make it look like we're really running the show and on top of things, or it will be bad for you.

    Shakedown, quite simply.

    "like this isn't a direct consequence of their own negligence and cutting of corners on safety and ignoring signs of danger all in the name of saving a few bucks, is beyond stupid, it's disgusting."

    The investigation isn't even over, and you have them convicted. No wonder you are buying the administration's BS.

    1. Re:BP will face the consequences by Anonymous Coward · · Score: 0

      "like this isn't a direct consequence of their own negligence and cutting of corners on safety and ignoring signs of danger all in the name of saving a few bucks, is beyond stupid, it's disgusting."

      The investigation isn't even over, and you have them convicted. No wonder you are buying the administration's BS.

      If BP is completely innocent why are they being so accommodating now? IMHO, it's not they want to fix their public issues, they don't want the investigation to reach to court because then their gross and systemic negligence would become public record. Also we aren't talking about a poor or middle class individual who could be railroaded for a crime they didn't commit, this is a multi-national company with an annual operating budget larger than many countries and a full time legal staff larger than most US State prosecuting offices! Seriously, BP probably spends over $20 billion dollars annually on political contributions in various nations.

    2. Re:BP will face the consequences by Quila · · Score: 1

      If BP is completely innocent why are they being so accommodating now?

      Because regardless of any malfeasance, a thugocratic administration looking to score political points can basically end their operations in this country if they don't do everything they're told, costing them far more than the shakedown.

      It's funny how people railed against Bush's abuses of power, but the current administration gets a pass.

  118. "Shut off the source"? by Benfea · · Score: 1

    Whoa. Thanks for the heads up on that! I was under the impression that they were only putting a pause on a few new oil rigs, but they're planning on shutting down all the oil rigs in the Gulf? That's big, big news!

    Or maybe you're getting a little carried away with the hyperbole there.

  119. Mod parent up. by Abcd1234 · · Score: 1

    And quit watching Fox. Seriously.