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BP Finds Way To Bypass US Crude Export Ban

Hugh Pickens DOT Com writes "Bloomberg reports that the oil industry is pressuring President Barack Obama to end the 41-year-old ban on most crude exports but British Petroleum (BP) isn't waiting for a decision. The British oil giant has signed on to take at least 80 percent of the capacity of a new $360 million mini-refinery in Houston that will process crude just enough to escape restrictions on sales outside the country. 'It's a relatively inexpensive way around the export prohibition,' says Judith Dwarkin 'You can lightly ruffle the hydrocarbons and they are considered processed and then they aren't subject to the ban.' Amid a flood of new US oil, the demand for simple, one-step plants capable of transforming raw crude into exportable products such as propane is feeding a construction boom along the Gulf Coast. The first such mini-refinery, built for 1/10 the cost of a complex, full-scale refinery, is scheduled to open the first phase of its 100,000 barrel-a-day crude processing plant in July, The mini-refineries take advantage of the law that allows products refined from oil to be sold overseas, though not the raw crude itself. 'The international buyers of these products will likely need to refine them further, so this is basically a veiled form of condensate exports,' says Leo Mariani."

172 of 247 comments (clear)

  1. Yes, but... by Joce640k · · Score: 1

    But ... the CO2!

    --
    No sig today...
    1. Re:Yes, but... by Anonymous Coward · · Score: 2, Insightful

      Not BP's problem, and until we make it theirs, why should they bother?

    2. Re:Yes, but... by WindBourne · · Score: 2

      If you REALLY want to see the price of gas lowered, there is a simple way to do this.
      Do a compromise on keystone, where it is approved, and then 2 limited time subsidies are created for electric cars, and the other for nat. gas commercial vehicles.
      At the same time, raise federal road taxes on gas/diesel by .25/gal/ year for the next 4 years, and then convert it to a % of the price, with a minimum. Next, give the gas tax to the state in which it comes from, and the diesel tax is used by the federal DOT. Then work on our roads
      By doing this, we will see the tar sands hit global market, raising our local prices. BUT, with the above limited time subsidies, it will move our new vehicles over to none-oil, which will drop demand for gas rather quickly, and then will allow diesel and gas to be around 2/gal.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    3. Re:Yes, but... by ShanghaiBill · · Score: 1

      We need to crack down on this!!!

      Let's keep all this oil here and try to bring the freakin' price of gas back down to what it was pre-Katrina at least.

      Market distorting policies are less efficient than direct subsidies. Instead of restricting oil exports, it would be more effective, and have the same result, to just directly pay people to drive more and buy gas guzzling cars.

    4. Re:Yes, but... by hawguy · · Score: 4, Interesting

      If you REALLY want to see the price of gas lowered, there is a simple way to do this.

      Do a compromise on keystone, where it is approved, and then 2 limited time subsidies are created for electric cars, and the other for nat. gas commercial vehicles.

      We already have large subsidies for electric vehicles, how do you envision these subsidies being different? If you expect the subsidies to get a significant portion of drivers to switch to EV's, how will these subsidies be funded? You've already earmarked the fuel taxes for road repairs.

      At the same time, raise federal road taxes on gas/diesel by .25/gal/ year for the next 4 years, and then convert it to a % of the price, with a minimum. Next, give the gas tax to the state in which it comes from, and the diesel tax is used by the federal DOT. Then work on our roads

      So add a dollar to the existing 55 cent fuel tax over 4 years, making fuel cost around $4.50 - $5.00 gallon.

      By doing this, we will see the tar sands hit global market, raising our local prices. BUT, with the above limited time subsidies, it will move our new vehicles over to none-oil, which will drop demand for gas rather quickly, and then will allow diesel and gas to be around 2/gal.

      So we'll pay more for fuel, but fuel will be cheaper? I'm not sure I follow that logic. Also, it's not clear how you'll pay for roads when the fuel tax goes away.

      You underestimate how long it would take to switch the USA over to EV's -- even if there was enough world-wide battery capacity to do it (there's not), there would be grid problems -- the grid wasn't designed for everyone to go home and plug in a 6000W charger for 6 hours every night. Smart chargers could help with that by letting the power company control chargers to distribute load, but they aren't here yet, and won't be ready on a large scale in 4 years. If everyone switched to Natural Gas vehicles, then the cost to generate electricity would rise since power companies have been taking advantage of cheap NG to generate electricity

      The easiest way to reduce demand is to just tax fuel - don't add $1 in taxes, add $5 in taxes phased in over 10 years. Once drivers are faced with paying $10/gallon, they'll look for fuel efficient commute alternatives themselves (which includes transit (which can be funded from the fuel tax), cycling and moving closer to work, so it will reduce congestion at the same time -- just putting everyone in an EV doesn't help with congestion). Of course, it's not that simple, since drivers know that such a tax would never happen, and they can just vote in someone that will continue to keep fuel cheap.

    5. Re:Yes, but... by colin_faber · · Score: 2, Insightful

      The easiest way to reduce demand is to just tax fuel

      Sorry no, there is no easy way to reduce demand of OIL. If you want to truly reduce demand of OIL you need to find a VIABLE alternative fuel, electricity and NG are not VIABLE alternative fuels

    6. Re:Yes, but... by AlterEager · · Score: 1

      Economics - how does it fucking work.

      Yes, folks, it's only 7 March and cayenne8 has already made the stupidest post on slashdot for 2014.

    7. Re:Yes, but... by operagost · · Score: 2, Interesting

      Taxing things to change behavior does not work, because one thing government likes as much as power is MONEY. Once they have succeeded in reducing demand through taxes, the revenue will go down and they'll cry that some other tax (probably the income tax) will have to go up to make up the "shortfall".

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    8. Re:Yes, but... by Hognoxious · · Score: 1, Funny

      Let's keep all this oil here and try to bring the freakin' price of gas back down to what it was pre-Katrina at least.

      Mr free market this - free market that, suggesting that the gubmint should intervene to make his penis substitute more affordable. Hilarious.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    9. Re:Yes, but... by Anonymous Coward · · Score: 2, Insightful

      Of course there is. Just to do a completely extreme example: If gas was taxed so it got priced at $1000/gallon, people would hardly drive at all.

      Now, that's not realistic due to the dependence on oil for society to work; but an incremental increase will lead to lower demand. If $10 won't get enough of a decrease in demand, $20 or $50 would certainly have an impact. ($10 wouldn't really impact my use - gas isn't a significant cost for me - but $50 would hit me enough that I would probably drop road trips, or at the very least be really careful about how I structured them.)

    10. Re:Yes, but... by hawguy · · Score: 3, Insightful

      Taxing things to change behavior does not work, because one thing government likes as much as power is MONEY. Once they have succeeded in reducing demand through taxes, the revenue will go down and they'll cry that some other tax (probably the income tax) will have to go up to make up the "shortfall".

      But if the behavior is changed so much that other taxes are needed to make up the shortfall, then it sounds like it worked.

    11. Re:Yes, but... by cayenne8 · · Score: 1

      The easiest way to reduce demand is to just tax fuel - don't add $1 in taxes, add $5 in taxes phased in over 10 years.

      I'm not looking to stop driving my car?!?!?

      I'm wanting gas to be back to about $2/gal...I don't drive SUV's either, I love sports cars.

      But I'm not interested in anything (taxes like you mention) to make my gas more $$$. Most people are not either...

      I was posting to say originally that we could increase the regulations in the US, to keep our fuels harvested here from going onto the open market, and keep more for us and keep our prices low.

      I'm not against research for electric or other types of vehicles, but they aren't gonna be viable any time soon, so I want to enjoy my combustion engine for the rest of my lifetime at previously low, affordable levels.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    12. Re:Yes, but... by cayenne8 · · Score: 2
      Taxes should NOT be used to try to regulate behavior, that is not the function of govt.

      Taxes should only be used to fund the constitutionally mandated functions of govt (especially the Feds).

      Government is NOT supposed to be there to try to define or guide my behaviors.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    13. Re:Yes, but... by cayenne8 · · Score: 1
      Why not?

      You see China trying to keep its rare earth metals for themselves, why would we not want to keep more of OUR own resources for ourselves?

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    14. Re:Yes, but... by hawguy · · Score: 1

      The easiest way to reduce demand is to just tax fuel - don't add $1 in taxes, add $5 in taxes phased in over 10 years.

      I'm not looking to stop driving my car?!?!?

      I'm wanting gas to be back to about $2/gal...I don't drive SUV's either, I love sports cars.

      But I'm not interested in anything (taxes like you mention) to make my gas more $$$. Most people are not either...

      You just proposed adding 1 dollar in fuel taxes over the next 4 years, how will that not make the price of fuel rise? Large shifts in consumer behavior don't happen overnight, and a dollar is probably not much of an increase to entice people to give up their large cars are move to more fuel efficient cars or EV's.

      I was posting to say originally that we could increase the regulations in the US, to keep our fuels harvested here from going onto the open market, and keep more for us and keep our prices low.

      You didn't say anything about regulations to keep "our" oil in this country - if demand decreases in this country, why do you think the fuel would stay in this country? Crude is valuable enough that it's worth literally shipping it to the other side of the planet to get a better price, if fuel prices decrease in the USA, there's plenty of global demand.

      And after you "move our new vehicles over to none-oil, " why do you think that fuel will remain cheap? It will become a specialty fuel used only by car enthusiasts such as yourself. USA refining capacity will decline and you'll lose the economies of scale that make fuel as cheap as it is now (cheaper than bottled water).

      I'm not against research for electric or other types of vehicles, but they aren't gonna be viable any time soon, so I want to enjoy my combustion engine for the rest of my lifetime at previously low, affordable levels.

      EV's are already viable for most people for their daily needs.

    15. Re:Yes, but... by judoguy · · Score: 2

      Once drivers are faced with paying $10/gallon, they'll look for fuel efficient commute alternatives themselves (which includes transit (which can be funded from the fuel tax), cycling and moving closer to work, so it will reduce congestion at the same time -- just putting everyone in an EV doesn't help with congestion).

      I love that argument. Nirvana can come if we just raise taxes enough! We'll all bike to work on green parkways serenaded by bluebirds. If we just raise taxes enough.

      Of course, costs for food and everything else we don't make at home from stuff we already have at home, will skyrocket, but hey, who cares? We'll all just ride public transit funded by high taxes that no one can afford, that being the point of raising the cost of gas in the first place. You know, to make people stop using gas? How will that work exactly?

      --
      Peace is easy to achieve, just surrender. Liberty is much harder get/keep.
    16. Re:Yes, but... by I'm+New+Around+Here · · Score: 1

      I don't know. I think that title should go to the people who claim your underwear is freely viewable by the public once you leave your front door.

      --
      If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
    17. Re:Yes, but... by hawguy · · Score: 1

      Once drivers are faced with paying $10/gallon, they'll look for fuel efficient commute alternatives themselves (which includes transit (which can be funded from the fuel tax), cycling and moving closer to work, so it will reduce congestion at the same time -- just putting everyone in an EV doesn't help with congestion).

      I love that argument. Nirvana can come if we just raise taxes enough! We'll all bike to work on green parkways serenaded by bluebirds. If we just raise taxes enough.

      Of course, costs for food and everything else we don't make at home from stuff we already have at home, will skyrocket, but hey, who cares? We'll all just ride public transit funded by high taxes that no one can afford, that being the point of raising the cost of gas in the first place. You know, to make people stop using gas? How will that work exactly?

      I'm not the one that suggested that taxing fuel would lead to lower prices -- I was just pointing out that $1/gallon in taxes isn't enough to change behavior.

      I don't think fuel taxes are a solution, user fees would be better -- make roads into toll roads to cover the cost of maintaining them.

      Though I do think that fuel prices are held artificially low - the USA spends a lot of money trying to keep calm in the middle east, and it's not for humanitarian reasons, when's the last time we launched an all-out war against a Burundi warlord because he's killing innocent civilians? If Burundi had oil, we might.

      So I'd go with a 2 pronged approach - tax fuel to cover the cost of maintaining a stable energy supply, and charge user fees for roads instead of using fuel-tax money to partially fund roads, making up the rest from general tax revenue.

      Of course, costs for food and everything else we don't make at home from stuff we already have at home, will skyrocket

      To a certain point, that's probably reasonable - A carrot trucked in 1000 miles from Mexico should cost more than one from a local farmer, but if road taxes/fees make goods too expensive, society could tax truck drivers less, letting other road users pick up the slack. Which is what happens today - even though truck drivers pay a lot of money in road taxes, they still don't cover all of the wear and tear from trucks, so everyone else ends up subsidizing them.

    18. Re:Yes, but... by tlambert · · Score: 1

      Of course there is. Just to do a completely extreme example: If gas was taxed so it got priced at $1000/gallon, people would hardly drive at all.

      I think it would probably be cheaper, economically, to assassinate the people taxing it up to $1000/gallon than it would be to not drive. Just saying, when a gallon of gas can hire a relatively competent hitman, and all subsequent gallons of gas would be cheaper as a result, someone's going to pull out their siphon hose and get themselves a cheap hitman.

    19. Re:Yes, but... by TubeSteak · · Score: 1

      If you REALLY want to see the price of gas lowered, there is a simple way to do this.
      Do a compromise on keystone, where it is approved, and then 2 limited time subsidies are created for electric cars, and the other for nat. gas commercial vehicles.

      Uhh... the simplest way to see the price of gas lowered is to allow KeystoneXL,
        with the caveat that the refined petroleum products stay in the USA.

      But that's impossible, because the people surrounding Keystone have already publicly said "no"
      because the entire point is to move Canadian and American oil to the Gulf Coast,
      where it can be refined and sold to China.

      --
      [Fuck Beta]
      o0t!
    20. Re:Yes, but... by ultranova · · Score: 1

      Government is NOT supposed to be there to try to define or guide my behaviors.

      As long as your behaviours have consequences that extend beyond yourself, yes it is.

      And as long as you brag about being lazy and irresponsible, it's useless to whine that the big bad government babysits you. Don't want a nanny state? Grow up and prove you don't need one to make you clean up after yourself.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    21. Re:Yes, but... by Billly+Gates · · Score: 1

      We need to crack down on this!!!

      Let's keep all this oil here and try to bring the freakin' price of gas back down to what it was pre-Katrina at least.

      But I'm guessing the tree huggers behind the Obama admin, won't want to lower prices back. I think they want to keep them high to try to kill off cars in the US.

      Mod parent up

      l... yes the political rant on the end was a little much. But I am shocked the slashotters have not mentioned why there is a ban in the first place

      The ban was created to lower gas prices from the 1970s oil crises. Oil goes for $7 - $9 a gallon in China and in Europe. I guess gas companies still are not making enough money from $1.24 a gallon a decade ago to $3.50 today.

      If you want to see gas prices go to $7.00 a gallon exporting will cause it. Why would Shell or BP want to sell gas to Canadians and Americans for $3.50/gallon when they can sell it in China for $8.00/gallon?

      So you price match or you can't get to work etc.

    22. Re:Yes, but... by DigiShaman · · Score: 1

      The ACA (Obamacare) is legal on the basis that it's a tax. SCOTUS said so. That said; your liberty has been rooted under the auspice of saving tax dollars through the taxation of behavior. AKA, social engineering.

      Examples include (but not limited to)...: Smoking, drinking, eating, exercise, calorie burning logging, who you hang with, how you vote, do you play video games, watch TV, movies, soft drinks, drugs...your genetic lineage...etc.

      With ACA, you are the governments "bitch". YOU ARE A SLAVE! We all are.

      --
      Life is not for the lazy.
    23. Re:Yes, but... by WindBourne · · Score: 1

      The easiest way to reduce demand is to just tax fuel

      Sorry no, there is no easy way to reduce demand of OIL. If you want to truly reduce demand of OIL you need to find a VIABLE alternative fuel, electricity and NG are not VIABLE alternative fuels

      Why would you say that they are NOT viable? Seems like Tesla has proven that electricity is viable for cars, Burlington northern is converting their diesel engines to LNG, and I noticed that my WM garbage truck is now LNG. More importantly, businesses are screaming that NG is viable, and car owners are screaming for electric cars.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    24. Re:Yes, but... by Anonymous Coward · · Score: 1

      Europe did it. Japan did it. Lots of tiny cars and trucks there, paying $6+/gallon.

      Could never work here though, no-sir-ee!

    25. Re:Yes, but... by hawguy · · Score: 1

      Of course there is. Just to do a completely extreme example: If gas was taxed so it got priced at $1000/gallon, people would hardly drive at all.

      I think it would probably be cheaper, economically, to assassinate the people taxing it up to $1000/gallon than it would be to not drive. Just saying, when a gallon of gas can hire a relatively competent hitman, and all subsequent gallons of gas would be cheaper as a result, someone's going to pull out their siphon hose and get themselves a cheap hitman.

      If you're only worried about economics and ignore all other factors, wouldn't it be cheaper, economically speaking, to just steal gas today rather than pay $3.50/gallon?

      If gas were taxed to $1000/gallon, then that would mean that some extraordinary circumstance happened that dramatically cut the global supply of oil (like if someone nuked the entire middle east and Canada found that when they dug deeper into their huge shale reserves, all they had was worthless diamonds instead of oil shale), so that $1000/gallon gasoline (as well as the vehicles that are fueled with it) will be protected by armed men, probably US Military. At that point, killing those that control the oil becomes much more risky, are you sure it's "cheaper"?

    26. Re:Yes, but... by Whorhay · · Score: 1

      We don't have the production capacity to switch to all EV's in a short time frame. But that can be fixed by building more production facilities for batteries. The rare earth minerals we need to make those batteries are actually pretty abundant and production for them has plenty of room to scale up. I don't know what the other posters anticipated timeline was but I think we could put every US driver in an EV within a decade if we actually tried and made that a goal. Not that I think it would be a sane goal.

      I seem to remember reading a study somewhere that indicated our existing grid infrastructure could handle a complete switch to EV. We might need some more power generation capacity but again in some places there is lots of spare capacity and since it'll take a decade at least to get that many EV's manufactured there is plenty of time to build.

      To replace every single mile driven a year we would need 1,212 Billion Kilowatts. That is including semi's and using the efficiency of a Tesla S driving at 80 mph constantly. So that is probably a relatively high estimate of how much power we would need. Last year in the USA we produced just over 4,058 Billion Kilowatts. Depending on weather and disasters affecting the grid we have between 6.5% and 18.6% spare/unused capacity during the summer months. So we definitely have the spare capacity to get started in a big way. And we could probably spool that up if there was enough demand. But until their is demand we aren't likely to see industry build up a ton of oversupply beyond what we already have.

    27. Re:Yes, but... by jfengel · · Score: 1

      I'd argue that it's *precisely* what it's there for. Every single law is there to define and guide your behavior. Most people think it's a good thing to guide you away from murder, theft, rape, arson, etc. It's widely thought to be necessary to live in together in a society; these laws are essentially universal in first-world societies.

      The question isn't whether, but how much. Pigovian taxes (ones to encourage/discourage behavior rather than raise revenue) are a gentler method of limiting behavior than banning it outright. It's a good way to resolve tragedies-of-the-commons issues, another thing widely thought to be a reasonable province of government. When everybody doing exactly what's best for them leads to worse outcomes for everybody, we agree to abide by restrictions that leave everybody better off.

      It's not always as obvious as regulating access to grazing land. It's an open question of whether we want to treat this as a commons to be managed, and if we do, whether a Pigovian tax is the best way to gently manage it while allowing market forces to continue to operate. But it's hard to take seriously the proposition that government has automatically no place in the question.

    28. Re:Yes, but... by WindBourne · · Score: 1

      Actually, we have small subsidies for 'electric' and done all wrong.
      The current BS should be dropped and instead changed to be:
      1) if a car is a parallel hybrid, or is a general purpose electric that gets less than 100 MPC (as rated by EPA), then they should only get 2.5-5K. The reason is that these will want to be charged during the daytime. That will increase our demand on power plants and grid.
      2) if a car is serial hybrid or nat gas, or gets 100-150 MPC, then they should get 7.5-10K.
      3) if a car gets over 150 MPC, then they should get 10-15K. THe reason is that they will charge at nighttimes, 98% of the time. As such, they will only use extra power and grid during the offtime, which will allow electric companies to move to smooth demand better (i.e., they can buy nukes, or batteries, etc).

      As to the tax, the roads are not being paid for properly. They are falling apart rapidly all over the nation. By raising the price of oil base fuel SLOWLY, it gives ppl time to move off oil based and go to electric or nat gas. That will drop demand for the oil based, which will drop the price of gas/diesel. Simple economics. BTW, adding large amounts of taxes are total shocks to the economy. By adding it slowly like this, it allows ppl to make changes.

      And as to the grid and power supply, numerous studies have shown that they are JUST fine, based on a couple of assumptions. The biggest assumption is that more than 80% of the vehicles charge at nighttime. As long as they do that, we are just fine. That is also why hybrids and low MPC vehicles are disasters to us. They will actually raise the costs to us.

      Finally, BN is moving their diesel to LNG. If our commercial vehicles move to Nat Gas as well, it will allow us to walk away from imported oil. That will see fuel prices drop fast.

      --
      I prefer the "u" in honour as it seems to be missing these days.
  2. nothing new by gbjbaanb · · Score: 4, Insightful

    crude oil, lightly shaken, and exported to the world.
    revenues, lightly tossed, and exported to Bermuda.

    Both cases just avoiding the law through legal means. In other words, the law's an ass.

    1. Re:nothing new by SJHillman · · Score: 1

      The world prefers its crude shaken, not stirred.

    2. Re:nothing new by blindseer · · Score: 1

      Yep, I agree. While we're at it let's stop subsidizing the solar power industry, the windmill industry, and the ethanol industry.

      Part of the reason fuel is so expensive is that there is a subsidy in the form of mandated ethanol use. Another reason is a ban on cheap imported sugar. All so the corn growers can make a lot of money and turn the Great Plains into a corn monoculture.

      --
      I am armed because I am free. I am free because I am armed.
  3. Re:Which is why corporations are born criminals by Joce640k · · Score: 5, Insightful

    They're only breaking the spirit of the law, not the letter.

    That makes it perfectly OK, just ask the NSA if you don't believe me.

    --
    No sig today...
  4. Re:Which is why corporations are born criminals by Karmashock · · Score: 1

    Politicians do the same thing.

    In fact, everyone does that... its not criminal... its human.

    We are as a species... opportunists. It is our default attitude as a species.

    We are not predators, herd animals, ambushers... etc... we are opportunists. We pick the low hanging fruit. It is our nature.

    You put something in front of us that blocks us from getting what we want and we'll find ways around it or through it. Or we'll just do something else if that's more profitable.

    In this case, they found a cheap way around the export ban. So they started doing it.

    It is a little ballsy of BP though... given their recent history I'd think they'd want to stay away from that sort of thing.

    I do agree they shouldn't be doing that. But don't blame all corporations for that behavior. It is human.

    --
    I've decided to stop wasting my time responding to AC trolls/sockpuppets... so if you want a response from me... login.
  5. Re:Which is why corporations are born criminals by ObsessiveMathsFreak · · Score: 1

    A Typical Mix-Maxer response. The rules _technically_ allow this, so I will ruin the game for everyone by twisting/optimizing them to the limit to win even if I have to destroy the game to do it.

    Future generations will see the mass influx of STEM geeks into the finance and business arena as a catastrophic social development in early 21st century industries.

    --
    May the Maths Be with you!
  6. Stupid rule anyway by Anonymous Coward · · Score: 1

    Why have a law like that in place at all. If the US government wanted the crude, they could buy it. Why stop someone from selling what they've legally worked for?

    1. Re:Stupid rule anyway by ebno-10db · · Score: 1

      Why stop someone from selling what they've legally worked for?

      If you think BP produced the petroleum, you're a few hundred million years out of date. They extracted it, and performed some minimal refining, but what produced the product they extracted? Neither BP nor anyone else can produce the raw product, and there is a finite supply of it. Therefore the reason for a market - that higher prices provide an incentive to produce more of something - doesn't apply in the long run. The petroleum under the ground in the US is a national resource.

    2. Re:Stupid rule anyway by drinkypoo · · Score: 2

      Therefore the reason for a market - that higher prices provide an incentive to produce more of something - doesn't apply in the long run. The petroleum under the ground in the US is a national resource.

      What of the air in the atmosphere? Is that not an international resource? Should we not have a market for use of what the atmosphere will bear, perhaps to preserve CO2 (and particulates, and VOCs, etc) at pre-industrial-revolution levels? We now literally have cars whose exhaust is cleaner than their intake in "polluted" cities, where the value of "polluted" is vastly exceeded by some cities. I'd be looking at Beijing if I could see it.

      Economics is all well and good if you don't get to ignore externalities. Perhaps we institute a system of eco-economics (see: Mars trilogy) before we find ourselves unacceptably mired in debt to physics.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    3. Re:Stupid rule anyway by cheesybagel · · Score: 1

      A lot of places have laws like that. The reason is pretty simple. Unrefined crude is worth a lot less than refined oil. Exporting the crude without refining it means a massive loss of revenue for the extracting nation.

    4. Re:Stupid rule anyway by MightyYar · · Score: 1

      That is true, but refining is also very expensive and has some serious non-dollar external effects, like air pollution. Certainly all that revenue creates a few hundred high-paying jobs, and maybe that is reason enough to keep it here - but it is not without cost.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  7. Was a British company not anymore by realxmp · · Score: 5, Informative

    BP hasn't been very British in quite a while, a better name might be "Standard Oil" given how many of the component companies it is made up of came from that particular operation. It gets called British whenever it's politically expedient.

    1. Re:Was a British company not anymore by ciderbrew · · Score: 3, Informative

      and to back that up some more. These old reports lists US ownership to be just about equal with UK http://www.globalresearch.ca/w... AND.. BP, Transocean and Anadarko were the main players in the 2010 Gulf of Mexico oil spill. http://www.globalresearch.ca/u...

    2. Re:Was a British company not anymore by Algae_94 · · Score: 1

      I think Exxon Mobile has a stronger claim to the "Standard Oil" name, but it goes to show you how big Standard Oil was in terms of market share.

  8. Re:Which is why corporations are born criminals by Anonymous Coward · · Score: 5, Interesting

    This is why I sometimes like the Finnish system of law in which something that is clearly done in order to circumvent a current law is considered as breaking it. This removes all the stupid verbal acrobatics that US lawyers resort to in order to interpret a law differently than what was intended.

    Example: Say you want to donate someone a large sum of money, but don't want to pay taxes for it. One might try to circumvent the tax by marrying someone, immediately divorcing and having a contract that in case of divorce the other person has a right to precisely the amount of money that you were supposed to donate to them in the first place.

    Technically if you do that, you don't have to pay any tax, but the tax authorities would immediate judge this as an attempt to bypass taxes and you would be ordered to pay the tax doubled. This applies to practically all laws and the ways that courts interpret them. Most Americans probably think this is stupid, since they see possible abuse. However, this hasn't materialized in Finland.

  9. BP != British Petroleum by Anonymous Coward · · Score: 3, Insightful

    BP haven't been known as British Petroleum for many years. It seems to be a tag most used (now) by the US. [I wonder if there have been any recent events that might cause the folks in the US to think that US folks weren't involved? Better to point the finger elsewhere.]

  10. Re:Which is why corporations are born criminals by rwise2112 · · Score: 5, Insightful

    They're only breaking the spirit of the law, not the letter.

    True. They are 'getting around' the law against exporting crude, by not exporting crude. It seems the law needs to be amended to define better what is considered exportable if they want to stop this.

    --

    "For every expert, there is an equal and opposite expert"
  11. Energy policy is laughable by Anonymous Coward · · Score: 1

    The world runs on oil.

    Fuzzy bunnies and magic unicorn dreams don't change that. All the hot air from politicians won't change that.

    Every last drop of oil is going to be burned, damn the consequences - it's too profitable. Developing viable real alternatives for energy transfer and storage will require a focused engineering effort on the scale of the Manhattan project deployed in conjunction with mass adoption of nuclear energy.

    Utilities desperate to find alternatives are building LNG generation plants. This is stupid.

    I bet the retirement fund on every drop of oil being burned. So far I've been right. We'll see if I end up eating cat food - but I don't think that's likely...

    1. Re:Energy policy is laughable by alex67500 · · Score: 1

      All the hot air from politicians won't change that.

      In fact, it adds to the problem ! ;-)

    2. Re:Energy policy is laughable by Talderas · · Score: 1

      Plastics. We're don't burn them and drops of oil are used to create them.

      I'll take that retirement fund now, thx.

      --
      "Lack of speed can be overcome. In the worst case by patience." --Znork
    3. Re:Energy policy is laughable by drinkypoo · · Score: 2

      The world runs on oil.

      The world runs on long-chain hydrocarbons. They could come from the air, but instead the entrenched base of oil barons is making sure we keep burning every drop of oil:

      I bet the retirement fund on every drop of oil being burned. So far I've been right. We'll see if I end up eating cat food - but I don't think that's likely...

      I think it's more likely you'll end gasping, or perhaps wheezing before rattling.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    4. Re:Energy policy is laughable by mlts · · Score: 1

      Eventually, when oil becomes too expensive to burn, we might see nuclear plants coupled with thermal depolymerization facilities so garbage in landfills can be "boiled" back to crude.

      However, I'm hoping there is some sense in the long term. Eventually we are going to move to nuclear power, or end up being overrun by a country that has done the switchover [1].

      [1]: For a lot of intents and purposes, energy is money. There are a lot of chemical processes which, if we had cheaper energy, would be incredibly useful, be it pulling dissolved gold out of seawater, desalinating the seawater, leaving the vital minerals, and pumping it inland so desert areas have irrigation regardless of drought states, and many other uses.

    5. Re:Energy policy is laughable by bobbied · · Score: 1

      The world runs on oil.

      The world runs on long-chain hydrocarbons. They could come from the air... (snip)

      Using *what* process? From AIR? Really?

      Oh you mean photosynthesis... Ok..

      --
      "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
    6. Re:Energy policy is laughable by mythosaz · · Score: 1

      Bachelor Chow!

    7. Re:Energy policy is laughable by AlterEager · · Score: 1

      However, I'm hoping there is some sense in the long term. Eventually we are going to move to nuclear power, or end up being overrun by a country that has done the switchover

      Yup, French forces are massing on your southern border as we speak, having sneakily moved up from Guiana.

      (Did you know Cayenne is only 3452 miles from Harlingen, Texas?)

    8. Re:Energy policy is laughable by Curunir_wolf · · Score: 1

      ... We'll see if I end up eating cat food - but I don't think that's likely...

      All Ralston Purina needs to do is change their package design and ads - then we'll see who's eating what! (Don't bet they won't.)

      They could team up with Kraft and advertise some delish recipes for mac & cheese cat foot casserole!

      --
      "Somebody has to do something. It's just incredibly pathetic it has to be us."
      --- Jerry Garcia
    9. Re:Energy policy is laughable by AlphaBravoCharlie · · Score: 1

      Less than 2% of electricity in this country is generated by oil. Electrical producers cut over to NG in the 70's. The world doesn't run on oil, but big oil does run the world.

    10. Re:Energy policy is laughable by dryeo · · Score: 1

      You can use celluloids (sp?) to make plastics using plants such as hemp, just have to do something about the laws that have been passed to support the buggy whip manufactures (actually pulp paper).

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    11. Re:Energy policy is laughable by I'm+New+Around+Here · · Score: 1

      When I change my car's oil, I just dump the old oil into the stream next to my house.*

      Where my share of AC's retirement fund?

      *Note: I'm kidding.

      --
      If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
    12. Re:Energy policy is laughable by drinkypoo · · Score: 2

      There is nothing that can replace oil on the menu except nuclear technologies

      At best, you are underinformed. Or, you are lying. Which is it?

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  12. Re:Which is why corporations are born criminals by ebno-10db · · Score: 2

    the Finnish system of law

    I'd be happy if they just enforced the American system of law. Does that mean no action in this case? Yes, until or unless the laws or changed. However, there are so many egregious violations of law by major corporations (*cough* Wall Street *cough*) that don't get investigated, let alone prosecuted, that I'd be thrilled if they enforced existing laws.

  13. Just like the drug war by Akratist · · Score: 1

    Politicians and regulators still have yet to realize that people will do what they see fit, despite laws, regulations, and penalties. On the personal side, if you're trying to regulate people harming themselves, they are willing to spray paint in a bag and destroy their brains by inhaling it to "get high"...what law can you make that will affect such a naked desire to harm one's self? Outside of the brain damage, this seems to be the same sort of thing, on a much larger scale. The market always exists, and always will exist, because it's nothing but a measure of how much people value certain things and outcomes and what sort of price they're willing to pay to get them. BP spending some money to export crude this way just shows that they're willing to go a little higher over these regulations.

    1. Re:Just like the drug war by timeOday · · Score: 1

      Nice analogy... You know those cheesy ads BP is always running since the Gulf Coast disaster to rehabilitate their image? You could help them make a new one - "BP! We're just like paint huffers!!! You'll never stop us! BhaaHaHaHaHaaaa!!!"

  14. Re:Dear America... by tomhath · · Score: 1

    ..don't you have a concept about an "agreement" and the "spirit of an agreement", and how violating one means also violating the other?

    Would you want to be arrested for violating the spirit of a law in the opinion of the arresting officer?

  15. Re:Inherent in nature by tomhath · · Score: 1

    The goal of a corporation is to maximize profit at whatever cost to anyone else.

    Tim Cook might not agree with you. The goal of a corporation is whatever its owners decide the goal should be.

  16. Re:British company? by PhilHibbs · · Score: 2, Insightful

    If the USians want to cast it in a bad light, they call it "British Petroleum". It makes it sound sinister and evil.

  17. Re:Just when you thought BP could not get any wors by Anonymous Coward · · Score: 1

    What is so bad about this? The U.S. has some stupid protectionist law and BP finds a way around it.

  18. Re:Which is why corporations are born criminals by Dcnjoe60 · · Score: 1

    Technically if you do that, you don't have to pay any tax, but the tax authorities would immediate judge this as an attempt to bypass taxes and you would be ordered to pay the tax doubled. This applies to practically all laws and the ways that courts interpret them. Most Americans probably think this is stupid, since they see possible abuse. However, this hasn't materialized in Finland.

    In the US, the scenario you described would be called tax evasion and you would be charged by the IRS. Even in Finland, I am sure there are illegal ways to do things and legal ways to do things. Surely, every time you buy something from the store you aren't charged for larceny because it is illegal to steal and you circumvented that law!

    Technically, what BP is doing is legal under the law. The correct solution, if the US doesn't like it, is to change the law.

  19. Re:It's fascinating by ebno-10db · · Score: 3, Interesting

    It's the same thing people.

    No it's not. Forget the simple minded propaganda that copyrights are a form of property like physical property - they're a government granted and enforced monopoly that raises prices many fold by artificially restricting what would otherwise be almost cost free production of copies. That's nothing like petroleum or any other physical property. Moreover, unlike creative works, or even manufactured items or services, there is a fixed quantity of petroleum available. The situations are the exact opposite of each other.

  20. Re:Which is why corporations are born criminals by Akratist · · Score: 1

    People really don't get this principle when they say "There ought to be a law..." as if declaring something by fiat will make it so. Should people respect the environment? Yes. Should they behave in a socially responsible way? Yes. Etc... The problem is that unless people's desires align with that sort of thinking, they're not going to change how they act. It's a social problem, where we live in a society that values excessive individualism (although, in an oddly conformist way, material wealth, quick and shallow self-gratification (i.e. all your problems go away with a pint of ice cream or a little pill), and so on. People should also remember that regulators and politicians are cut from the same sort of cloth as the people in BP who're trying to get around these bans (and then our political system and government makes more sense all of a sudden).

  21. Typical Bureau Land Mgt BS by retroworks · · Score: 5, Interesting

    I did some reading to find the basis of the 1975 law, administered by my "favorite" federal agency, the Bureau of Land Management (Jack Abramoff's digs). Apparently it was originally passed during the OPEC embargo when the USA was concerned about domestic shortages. Then it becomes like ethanol or agricultural subsidies, it stays because it reduces competition. Probably a violation of the WTO as well, same as when USA, EU and Japan challenged China's rare earth metal export bans... which China tried to express as an "environmental law"... which is the only current argument I can find for the crude export ban (CO emissions).

    So is it a case of corporations skirting a government law, or a government skirting an international fair trade treaty?

    --
    Gently reply
    1. Re:Typical Bureau Land Mgt BS by ebno-10db · · Score: 1

      So is it a case of ... a government skirting an international fair trade treaty?

      I sure hope so. Enough violations and maybe we can just scrap the WTO and a bunch of "free trade" agreements.

      P.S. Don't rebut this by citing a simple minded analysis like comparative advantage alone. Given how many things the simplistic application of that leaves out, it'd be more credible to cite a comic book.

    2. Re:Typical Bureau Land Mgt BS by DarkOx · · Score: 2, Funny

      Our foriegn policy is so nakedly hypocritical I am not sure it matters.

      Obama wins an election rams through a policy that is unpopular with the majority loudly protested by a small minority and the line is "elections have consequences."

      Egypt elects a leader (belonging to party we don't like) and before his elected term is up, the military is ousting him, but oh no "its a not coup" we are told; because it it was we would have to stop giving the Egyptian military foreign aide, which would leave us with no way funnel tax monies to the MIC so they can build tanks nobody actually wants or can use.

      Ukraine, ditto, a lawfully elected leader there makes some unpopular decisions, (which might even be in the interest of his nation in terms of securing financial aide) and no its not "elections have consequences" its "he must step down".

      (Not to say Morrsi and Yanakovich are good guys; and were not doing things to undermine the idea of a working republic themselves; but I stand by the notion that you can't have the precedent legitimate elected leaders can be removed ahead of time out side some previously codified legal process and get a working democracy/republic )

      China gets to keep their most favored trade status no matter what human rights violations we think they are committing, no matter if the currency is being manipulated or not, etc.

      The only "international law" that exists anymore amounts to: whatever is seen in the immediate short term interest of the sitting US Presidential Administration. Its been especially bad post Regan. At least back in the good ol'days of Regan and before when we wanted to illegally market goods on the international market or manipulate the politics of some foreign power the CIA or NSA had to do it in secret; and we made a show of at least pretending to take treaties seriously.

      --
      Repeal the 17th Amendment TODAY! Also Please Read http://www.gnu.org/philosophy/right-to-read.html
    3. Re:Typical Bureau Land Mgt BS by Katatsumuri · · Score: 2

      Exactly. It was passed for political reasons when the resource market was completely different. Now both the market and the political situation has changed, and it makes sense to lift the ban or work around it ASAP. Then it will be easier to negotiate / impose sanctions upon authoritative regimes like Russia.

    4. Re:Typical Bureau Land Mgt BS by operagost · · Score: 1

      Yes, this post is a little inflammatory, but also insightful. I'm really sick of seeing unpopular opinions summarily modded down here. It's not that Slashdot is any more leftist than it used to be-- it's simply more belligerent.

      --

      Gamingmuseum.com: Give your 3D accelerator a rest.
    5. Re:Typical Bureau Land Mgt BS by ebno-10db · · Score: 1

      How about the simple fact that it would screw the US more than the rest

      Argument or evidence?

      I'm sure quite a lot of countries would really love for you to leave it

      As above. Additionally, which countries?

      or else why is the US still in the WTO ... your pollies to get you out of it and see what happens

      Surprisingly, the people of the United States are not always of a like mind. As for which ones have more influence on government policy, use the first rule of any investigation: follow the money.

    6. Re:Typical Bureau Land Mgt BS by TubeSteak · · Score: 1

      it stays because it reduces competition.

      The global market for oil is literally controlled by a cartel.
      It is not and will never be competitive.

      I think you're confusing "reducing competition" and "increasing supply."
      The ban doesn't reduce competition, it just changes the boundaries of the market.
      Otherwise you might as well be saying that the USA's export ban on weapons to Syria, Iran, and North Korea "reduces competition."

      --
      [Fuck Beta]
      o0t!
    7. Re:Typical Bureau Land Mgt BS by tranquilidad · · Score: 1

      It's not just belligerence. I'm seeing many of the mod points being used to express agreement and disagreement. One word posts bashing a political party are reaching a moderation level of 5 for insightful and informative but controversial posts are being modded as Troll.

      I've got 15 moderator points right now and I feel the most I can do is spend them on overrated/underrated. I used to spend a lot of time spending those points and now I just want to give up.

  22. Re:It's fascinating by PhilHibbs · · Score: 2

    The number of slashdotters that bleat about "teh evil corporations that break teh law!"
    But support bypassing copyright law and getting their content for free because "information must be free".

    It may be the same thing, but it isn't necessary the same people. We aren't a borg collective who all think alike. Some people defend Free Software, which requires copyright law in order to exist. Some people download all the torrents. There may be a cross-section that does both, which is as you say hypocritical. But the existence of that cross-section does not invalidate the opinions of those who consistently hold one position or the other.

    Also, not all laws are created equal. Some people may support political measures such as export controls and sanctions, while not supporting copyright. If you broke the speed limit last year, does that mean that you are not entitled to justice if someone assaults you today?

  23. Re:Which is why corporations are born criminals by Chrisq · · Score: 2

    Technically if you do that, you don't have to pay any tax, but the tax authorities would immediate judge this as an attempt to bypass taxes and you would be ordered to pay the tax doubled. This applies to practically all laws and the ways that courts interpret them. Most Americans probably think this is stupid, since they see possible abuse. However, this hasn't materialized in Finland.

    In the US, the scenario you described would be called tax evasion and you would be charged by the IRS. Even in Finland, I am sure there are illegal ways to do things and legal ways to do things. Surely, every time you buy something from the store you aren't charged for larceny because it is illegal to steal and you circumvented that law!

    Technically, what BP is doing is legal under the law. The correct solution, if the US doesn't like it, is to change the law.

    In the UK it would be "tax avoidance" if it did not break any law. members of parliament would wring their hands and call "shame" - then do the same things themselves. -- ~~~~

  24. Re:Which is why corporations are born criminals by Karmashock · · Score: 1

    In what way is our individualism excessive?

    Should we subsume our identity into something else?

    What? Nationalism and patriotism? If not that then what legitimacy would that identity have?... Organized religion?

    I don't think our individualism is excessive. In fact, i think many of the problems we've had lately have come from an erosion in our individualism.

    You note that much of our individualism is conformist. Well, is it individualism at all then? Probably not.

    Individuals don't seek conformity. They seek individual fulfillment. This strikes some as anti social. But then conformist pressure is considered "social" behavior despite being restrictive and frequently harmful to the individual.

    Here is the other issue with individuals. They're individual. Once someone truly divorces themselves from conformity they cannot be grouped without misrepresentation. Thus, once that happens you can point at ONE individual and judge him. But you can't judge them all since they're all distinct.

    Most of the tragedies in human history can be traced to misguided GROUP action.

    Go through history and find examples of individuals that did great harm.

    The most you'll find is the occasional serial killer. They're very uncommon and their harm while traumatic is relatively minor.

    --
    I've decided to stop wasting my time responding to AC trolls/sockpuppets... so if you want a response from me... login.
  25. Nice, in theory by Anonymous Coward · · Score: 1

    Its a nice concept, in theory. But in practice it probably creates (or at least enhances) the same one of the problems we already have in our "justice" system here in the US. It creates overly broad laws that can be interpreted any number of ways. That wouldn't be a problem in a system with respectable prosecutors & judges, but we don't have that in any way shape or form. If you want evidence of just how bad things have you don't have to go far. Look at the Aaron Swartz case, a college student crushed for "stealing" electronic copies of publicly funded research papers. Do a search on "civil forfeiture" and you'll find hundreds of cases where prosecutors weren't able to prove any illegal activity, but were still able to seize peoples homes, cars & life savings.

    1. Re:Nice, in theory by Rich0 · · Score: 1

      Its a nice concept, in theory. But in practice it probably creates (or at least enhances) the same one of the problems we already have in our "justice" system here in the US. It creates overly broad laws that can be interpreted any number of ways.

      I understand the concern, but I don't think you can have laws that are resistant to loopholes unless you basically make them so vague that nobody can be really sure what the law is.

      I think the Finnish system is more about risk management. You define something that is outright illegal and will definitely get you in trouble. That then creates legal risk that absolutely any activity whatsoever might be found as violating the rule, but the probability of that goes up as you get closer to the line.

      The US system basically encourages companies to dance right up to the line without going over. The Finnish system would encourage companies to stay well away from the line, because you can never tell how close is too close.

      Both have their pros/cons. However, at least the prosecutors who abuse the Finnish system are elected, unlike the lawyers and corporations who abuse the US system.

  26. "Around the export restriction" by TheCarp · · Score: 1

    Ahh the rule makers always love to complain about how people follow their rules.

    Another way to say the same thing is that the export restrictions created a market for lightly processed oil products. If there is demand there is demand, it doesn't go away because you will it to. If that demand can be met in some way that fits in the rules and is still profitable, people WILL do it.

    Trying to call that getting around a restriction is like the magic player complaining that someone insisted on playing stuff at the end of your turn after you said you were done. Duh read the rules, it isn't getting around anything...its what they say! Its following them.

    --
    "I opened my eyes, and everything went dark again"
  27. So all the crap stays in the US? by cazzazullu · · Score: 1

    If we can only export refined oil, it means we have to refine it on US soil. This is a dirty business, producing loads of crap you don't want in your environment. This ban forces us to destroy our own environment, while exporting the goodies that come out of it. This doesn't seem long-term smart.

    --
    int main(void) {while(1) fork(); return 0;}
    1. Re:So all the crap stays in the US? by hippo · · Score: 1

      Since most of the crap ends up in the atmosphere or ocean it really doesn't matter where you refine in the long term.

    2. Re:So all the crap stays in the US? by BitZtream · · Score: 1

      In theory, (which is false in this case, I'm sure) we would do the best possible, cleanest refining we could, so as to cause the least amount of damage to the planet on the whole. That is, if we were looking beyond ourselves.

      We aren't, and we won't.

      --
      Persistent Volume manager for Kubernetes - https://github.com/dwimsey/openshift-pvmanager
    3. Re:So all the crap stays in the US? by kcmastrpc · · Score: 1

      Not when there is more money to be made out of doing it the easy way.

    4. Re:So all the crap stays in the US? by drinkypoo · · Score: 1

      The idea is to keep the oil in the US, for strategic reasons. If we burn up all the world's oil and keep ours in reserve, we're going to be in good economic (if not ecologic) shape in the endgame. That assumes, of course, that burning all those fossil fuels doesn't doom us first — the ecopalypse outpacing the singularity, if you like, though both labels are sensational. All life will not end, but equally, intelligence (and output) will not reach infinity.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    5. Re:So all the crap stays in the US? by swb · · Score: 1

      This. And I think it's not even endgame, there's shorter time horizon strategic value to have surplus crude in the US where we're not needing to rely on imports in a crisis situation.

      We can keep the tankers running in brushfire wars, when we start tangoing with the big boys that's not as good of an option. Being able to get it at home is a lot more appealing.

    6. Re:So all the crap stays in the US? by mrchaotica · · Score: 1

      Indeed: it's completely stupid that the Republicans and Democrats disagree on domestic oil production. Democrats think we should keep our oil in the ground for ecological reasons; Republicans should think we should keep our oil in the ground for national security & long-term economic reasons.

      Only short-sighted idiots think we should "drill, baby, drill" for short-term economic gain.

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    7. Re:So all the crap stays in the US? by Billly+Gates · · Score: 1

      It means we do not have to pay $8.00/gallon for gas like other countries are willing to pay if we export.

    8. Re:So all the crap stays in the US? by Billly+Gates · · Score: 1

      Most republicans favor $8.00 a gallon gas as anything less if we didn't export to people paying that would be evil socialism! We can't have that now can we as that would interfere with the free market.

      That is why it is here. Think our gas would say $3.50 a gallon when they can sell it for double in China?

    9. Re:So all the crap stays in the US? by RockDoctor · · Score: 1

      This ban forces us to destroy our own environment, while exporting the goodies that come out of it. This doesn't seem long-term smart.

      Tell me, as a non-American living outside the USA, why I should object to you shitting into your own back yard for a change?

      --
      Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"
  28. Take a lesson from Mr. Vader by Gothmolly · · Score: 4, Funny

    The more you tighten your grip, the more will slip through your fingers.

    --
    I want to delete my account but Slashdot doesn't allow it.
    1. Re:Take a lesson from Mr. Vader by ScooterComputer · · Score: 1

      I came here to comment, but this was better and more "on target" than anything I was going to blather. Good comment.

      --
      Scott
      "Hokey religions and ancient weapons are no match for a good blaster at your side, kid."
    2. Re:Take a lesson from Mr. Vader by Feyshtey · · Score: 1

      Mod Up !

      --
      "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
  29. Re:British company? by pjt33 · · Score: 1

    Calling it a British company is debatable, but more defensible than calling it "British Petroleum (BP)". British Petroleum isn't even its previous name.

  30. Re:Inherent in nature by BitZtream · · Score: 1

    I would say Tim Cook is doing an excellent job of maximizing profit.

    He may be doing a lot of other, more noble things as well, but its all causing his company to maximize its profit.

    Is he noble, or just good at what he does and picking 'the right way' to give people what they want?

    --
    Persistent Volume manager for Kubernetes - https://github.com/dwimsey/openshift-pvmanager
  31. Look Deeper by Tenebrousedge · · Score: 2

    I think that the United States has a vested political interest in controlling the sale of oil. Which is not to suggest that you are wrong per se, but I think that the US oil policies are better understood in the context of hegemony than fair trade. However, the oil industry has been putting all of their propaganda efforts towards lifting this ban; I mark a half-dozen articles in Forbes alone within the last two years. As long as they can keep away from any concerns about national security, they might get their wish.

    --
    Those who advocate genocide deserve every protection afforded by law, and none afforded by common human decency.
    1. Re:Look Deeper by retroworks · · Score: 1

      I think this is incorrect, or at least you need to better define "the oil industry". Here is booklet put out by the USA Refiners in support of maintaining the crude export ban. If by "industry" you include Dutch Shell, BP, and others who want to refine in competition with the USA's domestic refiners, you can find their "rebuttal" on page 16. http://priceofoil.org/content/...

      --
      Gently reply
  32. Re:Inherent in nature by CrimsonAvenger · · Score: 1
    True enough. Note that Tim Cook is NOT the owner of Apple. The stockholders are the owners. As long as most of the stockholders agree with Cook, he's fine. As soon as they don't, he's history.

    I expect that the stockholders will agree with him as long as the stock increases in value and/or provides dividends better than the competition. As soon as what he wants starts costing them serious money, he's gone.

    --

    "I do not agree with what you say, but I will defend to the death your right to say it"
  33. Re:Which is why corporations are born criminals by interkin3tic · · Score: 1

    More general statement: groups of individual people find ways of rationalizing anything through a process of "everyone else is doing it so it must be okay" and kicking out the people who oppose the groupthink.

    Corporations, government agencies, religions, industries.

  34. Re:British company? by Hognoxious · · Score: 1

    Even when it was called British Petroleum it was mostly owned by the camel-jockeys.

    But that's Thicky Pickens for you...

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  35. Re:It's fascinating by CrimsonAvenger · · Score: 2

    The number of slashdotters that bleat about "teh evil corporations that break teh law!"

    What's appalling isn't that, but the ones who bleat about the evil corporations breaking the law when the evil corporations are NOT breaking the law.

    --

    "I do not agree with what you say, but I will defend to the death your right to say it"
  36. Are you sure this wasn't the intent of the law? by xxxJonBoyxxx · · Score: 5, Interesting

    >>...new $360 million mini-refinery...demand for simple, one-step plants capable of transforming raw crude into exportable products such as propane is feeding a construction boom along the Gulf Coast.

    Call me cynical, but it seems that most legislation aims to protect the existing jobs of stalwart political supporters in sponsors' districts. (e.g., Obama's first term "stimulus," which was mostly used to shore up the existing salaries and pensions of his political base.) Perhaps the intent of this bill was to continue a Gulf Coast construction boom, leading to more voter, er, labor-intensive refinery jobs?

    1. Re:Are you sure this wasn't the intent of the law? by Overzeetop · · Score: 2

      "which was mostly used to shore up the existing salaries and pensions of his political base"

      I've got bad news for you - the stimulus pretty much all went to government contractors, the vast majority of which are controlled by, and for the benefit of, right-leaning individuals. The money was spread far and wide, so at the ground level it's probably 50-50, but those folks do nothing but vote and none of them give enough to campaigns to make it interesting. I don't remember huge stimuli for the entertainment industry, or for union organizations directly, or hiring government workers (unless you count the money given to states for police officers and fire fighters...which, again, aren't exactly the biggest bastions of Democrat love). If you're talking about the bailout of the auto industry which kept all the union workers from being unemployed, that was Bush.

      Not that it matters - the original goal was to keep oil in the country to avoid corporations selling "our" oil to others for profits when the middle east was giving us the finger. And, really, the high cost of gasoline and other refined products is still a result of us selling our refined products internationally where the companies can make more money. Everyone complains about the high cost of gasoline, and how we must drill more to become energy independant, when in reality we produce so much excess fuel that it was *the* greatest US export in 2012. Our gas prices are high because other countries are willing to pay more for it than we are. That's not to say that our policies aren't protectionist, but there's a huge gulf between where we are and where we could be if we wanted to be selfish about it.

      --
      Is it just my observation, or are there way too many stupid people in the world?
  37. Re:Which is why corporations are born criminals by queazocotal · · Score: 2

    Well - sort-of.
    http://www.hmrc.gov.uk/avoidan...

    There are problems with this sort of approach - implementing 'anti-abuse' rules means that now instead of (in principle) understandable legislation - you have a collection of people all of which may take a slightly different approach to decision-making.
    The other issue is that it's not practically going to impact (for example) Amazon - or any of the other major tax avoiders - as they are able to use international financial structuring to avoid national tax, in a way that these rules do not impact.

  38. We need this urgently today for political reasons by Katatsumuri · · Score: 1

    Regardless of the ecological effects of our chemical energy dependency and the grey-area nature of this workaround, I applaud the move in general.

    The world has given too much power to oil- and gas-funded dictatorships. Right now, the West is hesitating about sanctions against Russia (which are required for peaceful settlement of the crisis in Ukraine) because they depend too heavily on the Russian resource exports.

    The proper way is of course to lift the restrictions, but that is a heavy, lengthy political process, and this clever workaround provides a quick solution that we need urgently today.

    We can gradually move to renewable energy later. It makes more sense to use the oil for other things anyway.

  39. Drill, Baby Drill by khelms · · Score: 2

    It always amused me that some people thought more domestic drilling would return us to the days of cheap fuel. They seemed to think that the oil companies would ignore that they could get a higher price overseas and sell to us cheap out of the goodness of their hearts.

    1. Re:Drill, Baby Drill by Overzeetop · · Score: 1

      They think high gas prices are Obama's fault. Like he has a dial in his office that changes them. Gasoline was the largest export of the US in 2012 - the prices are high because other people are willing to pay more than we are.

      --
      Is it just my observation, or are there way too many stupid people in the world?
    2. Re:Drill, Baby Drill by the+eric+conspiracy · · Score: 1

      Except they did pass a law restricting exports of unrefined oil.

      What they should have included in the law is a restriction of anything except finished products.

      Dammit Congress.

  40. Re:Which is why corporations are born criminals by Anonymous Coward · · Score: 1

    Here is the deal. The US historically had reserves of oil and other natural resources just in case something happened, we as a nation could keep our strength and keep going. These never were for exporting, as that would weaken the nations position in the future. This is the key reason why I'm personally against drilling in Alaska and other places.

    Now, BP wants to tempt fate when Oil Companies already have a bad reputation and go against the public good. If they have enough crude to be able to sell internationally, then they don't need as many pumps. I don't hold any hope of them being slapped down for breaking the spirit of the law, but I do want it.

    I hate that all fuel refining pretty much goes through them, so no matter what gas station I visit, they have a hand in it.

  41. Re:Which is why corporations are born criminals by Rich0 · · Score: 1

    They're only breaking the spirit of the law, not the letter.

    True. They are 'getting around' the law against exporting crude, by not exporting crude. It seems the law needs to be amended to define better what is considered exportable if they want to stop this.

    I doubt that is even possible. There is no law that you can write that somebody else won't find a way to bend. Just look at wall street.

  42. Re:Which is why corporations are born criminals by pitchpipe · · Score: 1
    I also would never break any laws if I had the people who wrote the laws working for me.

    Rich people who pay less of a tax rate than people who make a whole lot less aren't violating any laws, but they are surely fucking this country over, their flag-waving and jingoism notwithstanding.

    --
    Look where all this talking got us, baby.
  43. Drill, Baby, Drill! by BubbaDave · · Score: 1

    End our dependence on foreign oil!
    Drill here and use it here to offset imports!

    Another retarded right-wing meme also slaughtered by this: obama is destroying oil production because he hates america!

  44. Re:Inherent in nature by tsqr · · Score: 1

    The goal of a democratic government is to maximize the population's well being."

    That is not at all the goal of a democratic government.

    A lot of people mistakenly think that "insure domestic tranquility" and "promote the general welfare" mean "try to make everyone happy" and "give the people what the want", when they really mean is "maintain order so things runs smoothly" and "provide a system of laws that allows people to pursue their interests without undue interference from the government". Note that the Surpreme Court ruled that "the Preamble indicates the general purpose for which the people ordained and established the Constitution" and went on to point out that "[the Preamble] has never been regarded as the source of any substantive power conferred on the Government...", in Jacobson v. Mass

  45. Here, would you like a hand with that petard? by pla · · Score: 2

    Best possible answer:

    Let them finish their mini-refinery. Let them ramp up production. Let them sign hundreds of contracts obliging them to deliver on partially-refined product.

    Then, and only then, really fuck 'em by ban the export of insufficiently-refined product.

    I have gotten so sick of companies dodging the intent of the law lately. I by no stretch of the imagination count as a hardcore law-and-order authoritarian, but it doesn't take Mother Jones to point out that we simply can't allow situations like this, or the whole Apple/IBM/Google/etc paying no US tax, and so on, to continue. If a company wants to play on our field, they need to follow our rules as intended.

    "Well whatd'ya know, the rules of golf don't explicitly ban using a tunnel-boring machine to dig a straight shot to the cup! You sure got us, have fun turning Augusta into a strip-mine."

    1. Re:Here, would you like a hand with that petard? by iggymanz · · Score: 1

      what exactly is the intent of the ban that is so evil compared to world oil market?

    2. Re:Here, would you like a hand with that petard? by iggymanz · · Score: 1

      in this case the law is stupid and doesn't do its claimed purpose, which was to protect U.S. citizens from oil price volatility. Prices of gasoline and other crude protect spike and dip according to global world oil market (imagine that) even with that useless law.

    3. Re:Here, would you like a hand with that petard? by evilviper · · Score: 1

      I have gotten so sick of companies dodging the intent of the law lately.

      You're talking about Aereo, right?

      No?

      Awkward...

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    4. Re:Here, would you like a hand with that petard? by u38cg · · Score: 1
      Yes, not fucking with companies in that way is one of the US's competitive advantages. We call the alternatives "Venezuela".

      It's a stupid law which is indefensible. This is not corporate taxes.

      --
      [FUCK BETA]
    5. Re:Here, would you like a hand with that petard? by pla · · Score: 1

      You're talking about Aereo, right?

      Well, except insofar as the courts have actually spanked them rather than shrugging and saying "oh well, you found a loophole, have a nice day"... Yes, actually, I would include them in that. Cool idea or not, their core business model involves nothing more "noble" than trying an end run around rebroadcast rights. You or I have every right to time-shift what we watch; that doesn't even play in the same fair-use-ballpark as a for-profit company actively rebroadcasting someone else's content without permission.

      I think you'll find that, for most people (though not necessarily the courts), the key test of "fair use" ends with a single word: commercial. I pretty much don't care in the least how much you personally pirate; but as soon as you try to sell that content, you've crossed the line. Now, we can debate the shades of grey here, such as whether or not uploading a clip of the Olympics to YouTube gets the "personal" pass or counts as rebroadcasting (though IMO, fuck the IOC and their special rights-by-treaty). But Aereo definitely does not get a pass here.


      Awkward...

      Only insofar as you assumed that I would look the other way over issues relevant to my core interests, without considering that maybe, just maybe, I actually do have an internally consistent stance on this.

    6. Re:Here, would you like a hand with that petard? by pla · · Score: 1

      It's a stupid law which is indefensible. This is not corporate taxes.

      It only counts as a stupid law because it fails in its intent. To that extent, we agree.

      Beyond that, though, I would have to consider energy self-sufficiency one of the few legitimate "national security" interests we have. This doesn't involve BP selling cheap shoes abroad; it involves nothing less than BP pillaging our natural resource for the price of laughable token "leases" on the mineral rights to truly huge swaths of land, on the theory that they will then process it and sell it back to us (with a tasty processing fee tacked on, of course).

      For them to turn around and violate that trust by sending our oil abroad amounts to a slap in the face, for which we need to not only send them packing, but send them packing with a clear message tattooed across their CEO's forehead.

      Put another way - I'll take Verizon's tax games over BP's exploitation. Verizon merely "exports" imaginary numbers to Ireland; BP literally exports an increasingly scarce nonrenewable resource from each and every "shareholder" in the land under our feet.

    7. Re:Here, would you like a hand with that petard? by Feyshtey · · Score: 1

      Ironically I just posted about how government teaches industry how to side-step the law by using the laws as weapons against industry. I'm curious, do you consciously support that dishonesty while railing against the industrial dishonesty? I guess what I'm asking is, are you a hypocrite or a fucking idiot?

      --
      "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
    8. Re:Here, would you like a hand with that petard? by pla · · Score: 1

      I'm curious, do you consciously support that dishonesty while railing against the industrial dishonesty?

      I wouldn't call "tit for tat" either dishonest or hypocritical. BP has announced their plans to do an end-run around the intent of a US export ban - Should Uncle Sam just bend over for them?


      I guess what I'm asking is, are you a hypocrite or a fucking idiot?

      Well, I didn't describe a comment about industry learning to sidestep government regulations, in a thread about a company announcing its plans to sidestep government regulations, as "ironic", so take that as you will.

    9. Re:Here, would you like a hand with that petard? by Feyshtey · · Score: 1

      No, you instead planned to not do anything until industry had spent money, and then planned to use retroactive law to bludgeon them after the fact. You knowingly and with intent, plan to use law as a weapon against industry. And you're too fucking stupid to recognize that course of action is equally dishonest to anything BP is planning. Arguably its far worse because it is attempting to use government of the people with specific malice against the people.

      --
      "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
    10. Re:Here, would you like a hand with that petard? by pla · · Score: 1

      and then planned to use retroactive law to bludgeon them after the fact.

      Who said anything about retroactive? Up to date X, they can keep exporting their bogus non-crude crude. After date X, they can't. Date X just happens to coincide with the completion of a half billion dollar facility that serves absolutely no purpose other than to produce non-crude crude.

      As for bludgeoning them - Damned straight! I say unapologetically that BP needs a spanking. They've stamped their foot and told Daddy that they will do what they want. Now Daddy gets to sit back and laugh as they build a tree-fort in that diseased Oak scheduled for removal next week.


      And you're too fucking stupid to recognize that course of action is equally dishonest to anything BP is planning.

      You would do well to lose the personal attacks, unless you mean for people to take you as seriously as they would a 10YO on XBL calling everyone various homosexual slurs.

    11. Re:Here, would you like a hand with that petard? by Feyshtey · · Score: 1

      If you intend to allow them to do a thing and then pass a law that makes all their efforts to do it irrelevant, it has retroactive impact.

      Date X doesn't "just happen" to be anything. It is specifically planned Date X so as to have the greatest financial and operational impact you can muster so that you can do the maximum possible damage to them.

      And get this line fucking clear : OUR GOVERNMENT IS NOT DADDY.
      It was never intended to be daddy.
      It is not there to rule us.
      It is there to serve us in very limited scope.
      It's fucking little tyrant nanny asswipes like you that have distorted government and helped it amass power so that a minority of self-important arrogant pedantic jackasses can tell the masses to shut the fuck up and do it their way.

      --
      "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
    12. Re:Here, would you like a hand with that petard? by evilviper · · Score: 1

      the courts have actually spanked them rather than shrugging and saying "oh well, you found a loophole, have a nice day"...

      Nope. MOST of the court cases have gone their way... They're appealing ONE that did not, right now.

      You or I have every right to time-shift what we watch; that doesn't even play in the same fair-use-ballpark as a for-profit company actively rebroadcasting someone else's content without permission.

      Except it does... Courts have found that cable companies can host "Network DVRs", legally, without broadcaster's permission.

      I think you'll find that, for most people (though not necessarily the courts), the key test of "fair use" ends with a single word: commercial.

      Complete nonsense. Many for-profit works use excerpts of material. See any documentaries, ever. See any news reports, ever. See cable companies' DVRs. etc.

      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    13. Re:Here, would you like a hand with that petard? by evilviper · · Score: 1
      --
      Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
    14. Re:Here, would you like a hand with that petard? by pla · · Score: 1

      Nope.

      So, just a complete troll, then? Challenge me on a company that meets my criteria expecting me to give it a pass because tech... Then look for holes in my unexpected response.

      Go fuck a donkey, 'kay? We won't chat again.

  46. Re:Which is why corporations are born criminals by paulpach · · Score: 3, Insightful

    They're only breaking the spirit of the law, not the letter.

    True. They are 'getting around' the law against exporting crude, by not exporting crude. It seems the law needs to be amended to define better what is considered exportable if they want to stop this.

    Perhaps they should get rid of the ban altogether? Seriously, with the trade deficit spiraling out of control, it makes no sense at all to ban exports.
    Rather than question BP for 'getting around' the law, we should question why we have such bad law in the first place.

  47. Re:Which is why corporations are born criminals by Karmashock · · Score: 1

    Opportunism isn't evil though.

    That's that problem with more interpretations of people's morality. You have to remember that at base level, people are amoral. That isn't to say they are unmoral... just amoral. The natural response is a response without morality.

    Now we can condition morality into people, but its just a condition. Its an artificial construct imposed on natural behavior.

    And an artificial construct can be pretty much anything. If you want to talk about human nature, then you have to examine humanity WITHOUT that construct. And that humanity is opportunistic.

    If you're interested in the real truth of it, then you'll see you have to strip away culture to see what people are actually like at base level.

    --
    I've decided to stop wasting my time responding to AC trolls/sockpuppets... so if you want a response from me... login.
  48. Re:Which is why corporations are born criminals by rwise2112 · · Score: 1

    They're only breaking the spirit of the law, not the letter.

    True. They are 'getting around' the law against exporting crude, by not exporting crude. It seems the law needs to be amended to define better what is considered exportable if they want to stop this.

    Perhaps they should get rid of the ban altogether? Seriously, with the trade deficit spiraling out of control, it makes no sense at all to ban exports. Rather than question BP for 'getting around' the law, we should question why we have such bad law in the first place.

    Agreed. That's why I said 'if they want to stop this'.

    --

    "For every expert, there is an equal and opposite expert"
  49. Re:Which is why corporations are born criminals by Archangel+Michael · · Score: 1

    This is basically the same thing that we saw the other day, when the judge said that Upskirt videos were not against the law. The problem is, there is no shame left in the world, because that is harmful to little sensitive minds.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  50. Re:British company? by evilviper · · Score: 1

    Calling it a British company is debatable, but more defensible than calling it "British Petroleum (BP)". British Petroleum isn't even its previous name.

    No idea what you're talking about. Here's the top line from Wikipedia:

    BP plc, sometimes referred to by its former name British Petroleum, is a British multinational oil and gas company headquartered in London, England.
    https://en.wikipedia.org/wiki/...

    --
    Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
  51. What is the difference between this and Fedora? by funwithBSD · · Score: 1

    Fedora is doing the same thing: skirting the law.

    The theory was that an unjust law could be ignored. In this case, export laws to certain countries was being skirted by simply not asking where the code came from, wink wink, nod nod.

    Perhaps BP thinks the law is "unjust" and thus has a right to ignore the law?

    Why can Fedora do this and people applaud it and BP is a villain?

    Seems to me sauce for the goose is sauce for the gander, and allowing people or corporations to selective ignore laws means there is no rule of law, it is rule by mob.

    --
    Never answer an anonymous letter. - Yogi Berra
  52. Re:We need this urgently today for political reaso by ShanghaiBill · · Score: 1

    The world has given too much power to oil- and gas-funded dictatorships.

    It is not a coincidence that some of the world's most odious governments are major petroleum producers. Oil revenues can buy off opponents, and allow otherwise disastrous economic policies to continue. Putin and the Saudi Monarchy would both be long gone without money from oil exports to keep them afloat. Venezuela's economy appears to finally be collapsing, despite their oil exports, but that should have happened long ago. The worst cases are countries like Nigeria, that are basically run as kleptocracies, with most of the oil revenue flowing into overseas bank accounts.

    The world would be a far better place if more oil was produced in, and exported by, liberal democracies.

  53. Re:Which is why corporations are born criminals by zazzel · · Score: 1

    You must be pretty naive to think that the "possible abuse hasn't materialized in Finland". First of all, this idea is also present in the German tax code ( 42 AO). It is a constant reason of judicial trouble, and it puts the state above the law - because it only works against the taxpayer and not in other circumstances. It is a clear indication of a cleptocratic government. Second, there are hidden costs: In your example, a couple marrying and then divorcing again is clearly f*cked. Their marriage is lost, and so is their money. And, of course, their belief in justice. Which is the greatest cost of all.

    But I know, people with collectivist tendencies see the "state" or "society" as standing above individual justice.

  54. Re:It's fascinating by cheesybagel · · Score: 1

    Which is kind of curious to mention. Since speed limits started being enforced all around the world to reduce oil consumption in the 1970s.

  55. Re:Which is why corporations are born criminals by grep+-v+'.*'+* · · Score: 1

    They're only breaking the spirit of the law, not the letter.

    TL;DR: then write better laws that account for that in the first place.

    This sounds like you're somehow upset. Why? No, seriously? Ignoring the fact that I'm an atheist and think spirits only exist inside bottles [but none of mine, they're all empty], why is this a problem?

    SAY what you mean, but don't have an unwritten agreement about what it's supposed to mean. Now you can argue all day long over what the meaning of words like "IS" is (at least if your name is Bill), but damnit write the law in an unambiguous way.

    If you write it incorrectly then don't be surprised if people interpret it differently. Yes, I know -- companies are evil and always trying to just barely stay on the legal side of the law. Well: GOOD. FOR. THEM. Not everyone was present when it was written and perhaps missed the wink wink nudge nudge dance about it's actual meaning.

    If you wanted something else to happen, then it should have been written that way in the first place. If a law is outdated, "wrong", or if you don't like it then get it changed -- but then don't go make and make it retroactive, either. Laws are supposed to enforce certain actions and discourage others, but it's impossible to change PAST actions.

    Also, if you have unintended consequences for a law, maybe you should have read/thought about it more before you enacted it. I swear, I think the only ones that actually read a law before it's passed are the flunkies who actually type it in; everyone else goes off what it's SUPPOSED to say.

    And (I think) we have too damn many of them -- everyone's a criminal now-a-days. Let's enforce the ones on the books, ditch the ones that are wrong (...from who's standards? But still enforcing them while they're on the books), and reword the ones with problems.

    The NSA? Oh, I think they're mostly the good guys. It's the senior level managers that are supposed to keep them in check. But the NSA Chief lied to Congress and they don't hold him accountable, so why should be be surprised when that trickles on down? Hell, you can even see how the lawyers bend things into shape if you read "Privacy" as "No human knows". (If a message is read by a computer and NEVER by a human, is it still private?)

    For that matter, why don't "We, the People" hold our own representatives accountable for their (IN-)actions? We're just as bad as them -- even MORE so since we're the ones ultimately responsible for the things being done in our name.

    --
    If the universe is someone's simulation -- does that mean the stars are just stuck pixels?
  56. Re:Which is why corporations are born criminals by MightyYar · · Score: 1

    It's not ever done, but corporate charters can be revoked at the whim of government.

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  57. Re:We need this urgently today for political reaso by mlts · · Score: 1

    IMHO, too much focus has been done on the US on the Middle East. In reality, what needs to be the focus is Eastern Europe and the Pacific Rim. A Middle East in turmoil is a norm. A pissing contest between Japan, China, Russia, Singapore, the Koreas, and other nations in the area will be no less than World War 3 with its effects felt worldwide.

    Oil is a nice thing to have, but keeping China and Japan from going to war with each other is far more important because that conflict would fundamentally affect the US and Europe's economies.

  58. "...clearly done in order to..." by morgauxo · · Score: 1

    I'm curious, how much time in court is spent debating wether something was "clearly done" for a specific purpose?

  59. Re:Which is why corporations are born criminals by mlts · · Score: 1

    Sometimes I wonder about the US building its own refineries for national security's sake. Not contracted out to some offshore firm, but owned by the Federal government. As of now, refineries are a bottleneck. Oil can be a glut, but gas prices remain high because refineries are at capacity, with no new ones (other than the ones mentioned here) being made. Strategic oil reserves are one thing... but having refining capacity to deal with a disaster at another refinery can be just as critical.

    Add more refining capacity into the mix, and this will stabilize what can be a very volatile market which affects virtually every other market. For example, one of the biggest causes of price hikes in everything from milk to airline tickets are fuel prices.

  60. Re:Which is why corporations are born criminals by DarkOx · · Score: 1

    A better question is can congress even ban the export of anything? The Constitution forbids export taxes, is a ban materially different than say a tax of eleventiy billion percent?

    --
    Repeal the 17th Amendment TODAY! Also Please Read http://www.gnu.org/philosophy/right-to-read.html
  61. Fixed quantity of distinct musical phrases by tepples · · Score: 1

    Moreover, unlike creative works, or even manufactured items or services, there is a fixed quantity of petroleum available.

    How is that? Songwriters have been found liable of accidental "plagiarism" (copyright infringement without attribution) over having copied an eight-note phrase. Now each note has a length and a pitch, other than the last note in a phrase. The last note in a phrase has no duration because there is no following note, and a phrase can be transposed to end on any note. There are about two distinct lengths (short and long), and seven distinct notes within any scale (do, re, mi, fa, so, la, ti). This gives 14 possibilities for all notes but the last, or 14^7 = 105 million possible eight note phrases. How is this not "a fixed quantity"?

  62. Gotta eat to live, gotta steal to eat by tepples · · Score: 1

    Sometimes "maintain[ing] order so things run[s] smoothly" includes a social safety net so that people who have fallen on hard times don't turn to crime just to eat, as depicted in the novel Les Miserables and the film Aladdin, or turn to crime to obtain medical treatment, as depicted in the film John Q.

    1. Re:Gotta eat to live, gotta steal to eat by Feyshtey · · Score: 1

      And as demonstrated in the real world in communist China, Russia, and North Korea where millions have died of starvation and abuse in order to ensure that things are as orderly and even for all as possible.

      --
      "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
  63. Re:We need this urgently today for political reaso by Anonymous Coward · · Score: 1

    Venezuela's economy appears to finally be collapsing, despite their oil exports, but that should have happened long ago.

    That's because Venezuela's oil exports have been dropping. When the oil industry was nationalized, Chavez installed a bunch of his yes men to run it. Knowing something about the petroleum industry was secondary to being a pro-Chavez stooge. Also, since it was nationalized, the "good enough for government work" mentality takes over and productivity goes down.

  64. How should the state define "old enough"? by tepples · · Score: 1

    there is a lot of anger towards e.g. pedophiles who get round the ban on underage sex by waiting until they are old enough

    The trouble is that different constituents have different rules as to what defines "old enough". Some people would apply the rule popularized by F. Hugh Herbert's play The Moon Is Blue of the age difference plus fourteen years, or equivalently half the older partner's age plus seven years. Under this rule, 19 and 17 is OK but 23 and 18 isn't. Others would claim that no age is old enough outside a state-recognized marriage or other domestic partnership.

  65. Re:It's fascinating by Feyshtey · · Score: 1

    Hell, don't stop there. Why not ask them why our President is circumventing Congress in order to make up new laws, or edit them, or eliminate them? Or perhaps ask why our Attorney General finds it perfectly acceptable to state publicly that we're just not going to enforce laws he doesn't like.

    And it's not a new thing. Not only does government at all levels choose what they will or will not enforce based on political expedience, they also abuse the intent of the law in order to use it as a weapon against their adversaries.

    In a very real way industry is simply following the lead of government.

    --
    "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
  66. Re:We need this urgently today for political reaso by nojayuk · · Score: 1

    "It is not a coincidence that some of the world's most odious governments are major petroleum producers. "

    The USA is currently no. 3 in terms of oil production at about 10% of the world's total. North Korea is 110th, according to Wikipedia. Just sayin'.

  67. Re:It's fascinating by Feyshtey · · Score: 1

    So when I create a song, I am not allowed to enforce how that song will be used, or demand payment for its use?

    --
    "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi
  68. Re:We need this urgently today for political reaso by AlterEager · · Score: 1

    The world would be a far better place if more oil was produced in, and exported by, liberal democracies.

    They would probably get less liberal and less democratic as time went on.

    See, for a minor example, Margeret Thatcher.

  69. Re:We need this urgently today for political reaso by Katatsumuri · · Score: 1

    I would choose Margaret Thatcher over Putin any day.

    Also, exporting oil seems to work fine for Norway and Canada without turning them into aggressive dictatorships. I agree that oil money corrupts, but when there is a developed society in place, it's not too bad.

  70. Keystone XL by ThatsNotPudding · · Score: 1

    This is the exact reason for the Keystone XL pipeline terminating at Houston. It was never for supplying the US domestic market; it is solely for the export of crude (or meta-crude) on the more lucrative international market, resulting in not one penny lower gas prices for consumers.

    This is why it's so hard to have respect for the extremist Right supporters: slavishly voting against their own interests in the childish fantasy that by letting billionaires become trillionaires, they themselves - by some inexplicable miracle - will become millionaires instead of the real downward spiral into poverty.

  71. Re:Which is why corporations are born criminals by dietsip · · Score: 1

    Of course the problem with your example is you don't pay taxes for giving anyone any amount of money.

  72. Re:We need this urgently today for political reaso by dryeo · · Score: 1

    The Canadian governing Conservative party is currently about to pass the "Fair Elections Act" which is going to disenfranchise many voters, stop Elections Canada from even advertising elections including telling people where they vote, stop Elections Canada from prosecuting campaign overspending and various other irregularities and put in massive loopholes on the political contributions limitations. They already removed all tax funded political funding.
    Along with many of their other moves they're totally changing Canada character including making us much more aggressive.

    --
    https://en.wikipedia.org/wiki/Inverted_totalitarianism
  73. You're just butthurt that chavez kicked out wester by Rujiel · · Score: 1

    ..which was actually a good decision.

  74. Restricting oil restricts our economy by blindseer · · Score: 1

    As much as people would like it to be otherwise our economy runs on oil. Without cheap oil we'd be living a life not much different than Little House on the Prairie right now. We burn oil now to drive our economy and we will burn oil for another century.

    I'm glad that BP found a way around this stupid law, we need to keep the oil that drives our economy flowing or we will have to choose between starving or freezing to death. President Obama is doing everything he can think of to drive out oil and doing next to nothing to find a replacement. Without a replacement to cheap oil we starve.

    Sure, he gave gobs of money to people that claimed they could turn sunshine into gold but anyone that took even a glancing look at their business plans would have to know they were just throwing that money away. We need real solutions. We need nuclear power.

    I've seen research in fusion power and I think it looks promising if given the freedom to conduct their research and government funds even close to on par with solar. Advanced fission power is even better. People like Flibe Energy have designs that they claim can burn up our existing nuclear waste. It seems that they aren't even asking for government money, just permission to conduct their research.

    Wind power has promise IMHO, but it has to be set free from the constraints of government subsidies. There isn't profit in it unless they qualify for government funds so no one is doing any real research in it. Instead of trying to make it profitable through competition they make it profitable by lobbyists.

    We'd have all kinds of jobs if only the federal government got out of the way. We'd be building nuclear power plants, oil wells, and windmills. We'd be swimming in cheap energy. It's energy that drives the economy, everything we produce, ship, or compute takes power. Cheap power means cheap everything else. We'd be exporting energy if the government got out of the way. Instead we have to play nice with dictators in far off places. We have to send our young men and women over to these hell holes to die because we just can't seem to figure out that it'd be much cheaper, easier, and safer if we drilled for the oil here instead.

    We're going to be importing and exporting oil until we figure out something better to power our way of life. Dumping money into solar panels, windmills, and bio-energy is going to leave us cold, hungry, and poor. We've been subsidizing these things for decades and have little to show for it. Research in nuclear power has brought us a long way. We need more. Mostly we just need government approval, not their money. People know nuclear is safe, clean, and most importantly it is profitable.

    --
    I am armed because I am free. I am free because I am armed.
    1. Re:Restricting oil restricts our economy by iggymanz · · Score: 1

      we'd we worse than Little House on the Prarie, they had kerosene lamps

  75. Re:British company? by pjt33 · · Score: 1

    And if you read the sidebar you'll see that its name changed to BP Amoco plc in 1998 and to BP plc in 2001.

  76. Re:Which is why corporations are born criminals by I'm+New+Around+Here · · Score: 1

    Oh god, not this ill-informed tripe again.

    They pay the same rates you do on the same types of income. It isn't their fault you put your extra income into alcohol/tobacco/entertainment/toys rather than an investment portfolio.

    --
    If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
  77. Re:Which is why corporations are born criminals by I'm+New+Around+Here · · Score: 1

    You are disputing that people are born with no morals?

    What innate morals did you have as an infant?

    --
    If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
  78. Re:We need this urgently today for political reaso by jonwil · · Score: 1

    The restrictions should stay in place and in fact should be tightened. The US is a net importer of both crude oil and derivative products like gasoline, diesel, jet fuel, lubricant oils etc and should be doing everything it can to supply as much of that demand from domestic supply as possible to reduce the dependance on foreign oil.

  79. Re:We need this urgently today for political reaso by ultranova · · Score: 1

    Oil is a nice thing to have, but keeping China and Japan from going to war with each other is far more important because that conflict would fundamentally affect the US and Europe's economies.

    Oil shortage would also fundamentally affect the US and Europe's economies by utterly annihilating them, followed by their populations. We're not talking about a bookkeeping problem like the current financial crisis, but an actual total end to almost all production. After all, even France, which runs on nuclear energy, still needs oil to transport goods, including food.

    It's fun to live at the end of the era and see the abyss open wide and deep before us, eh? And nothing but windmills and a few failing old nukes to keep our technical civilization, just taking off now, afloat to cross it. And at the same time people like cayenne8 whine when anyone so much as mentions the controls.

    Kinda makes one wonder if humanity's not currently encountering the Great Filter.

    --

    Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

  80. Re:Which is why corporations are born criminals by CrashNBrn · · Score: 1

    Yes! And get rid of the import-restriction on sugar while they're at it.

  81. Substantial similarity. by tepples · · Score: 1

    I made up the limitations to approximate the model that a district court judge would use to determine whether two musical phrases are "substantially similar". With which of the made-up limitations do you disagree, and for each, why?

  82. Re:British company? by pjt33 · · Score: 1

    I suppose that for consistency you always refer to Nintendo as Marafuku and AOL as Quantum Computer Services?

  83. Re:British company? by evilviper · · Score: 1

    its name changed to BP Amoco plc in 1998 and to BP plc in 2001.

    So it's not fair to call them by the name they've used for the overwhelming majority of their existence, because they very quickly changed their name, not once but TWICE in 3 years?

    --
    Slashdot gets worse every day... Pipedot: News for nerds, without the corporate slant
  84. Re:It's fascinating by Feyshtey · · Score: 1

    And that makes perfect sense, if selling my one song to one person will allow me to eat and put a roof over my head. But you and I know this isn't true, and you're using this "scarcity" argument to justify you avoiding the burden of spending a whopping $1.

    --
    "But we have to pass the bill so that you can find out what is in it,..." - Nancy Pelosi