BP Gives Up

[Riot]

Originally Posted by Danzig

i would enjoy it most if it were zeus....after 2k years of calling it mythology, the truth would come out!!!

I like it But Zeus has gotten fed up with man for far less than this, already!

[randallscott35]

New low again today. All those bottom catchers last week getting their ass handed to them. By the way the spill looks worse since last night. Casing giving way.

[Riot]

Originally Posted by randallscott35

New low again today. All those bottom catchers last week getting their ass handed to them. By the way the spill looks worse since last night. Casing giving way.

That was the possibility this guy was discussing, plus that BP has known the casing threatened all along (why they stopped top kill, etc)

Yikes ...

http://motherjones.com/blue-marble/2...ow-unstoppable

[hoovesupsideyourhead]

fed judge just stopped the stupid moratorium on off shore drilling..obama is a lame duck...just step down..

NEW ORLEANS (AP) — A federal judge struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico on Tuesday, saying the government rashly concluded that because one rig failed, the others are in immediate danger, too.

The White House promised an immediate appeal. The Interior Department had halted approval of any new permits for deepwater drilling and suspended drilling of 33 exploratory wells in the Gulf.

Press Secretary Robert Gibbs said President Barack Obama believes that until investigations can determine why the spill happened, continued deepwater drilling could expose workers and the environment to "a danger that the president does not believe we can afford."

Several companies that ferry people and supplies and provide other services to offshore drilling rigs asked U.S. District Judge Martin Feldman in New Orleans to overturn the moratorium.

They argued it was arbitrarily imposed after the April 20 explosion on the Deepwater Horizon drilling rig that killed 11 workers and blew out the well 5,000 feet underwater. It has spewed anywhere from 67 million to 127 million gallons of oil into the Gulf.

Feldman sided with the companies.

"What seems clear is that the federal government has been pressed by what happened on the Deepwater Horizon into an otherwise sweeping confirmation that all Gulf deepwater drilling activities put us all in a universal threat of irreparable harm," he wrote.

Feldman's financial disclosure report for 2008, the most recent available, shows holdings in at least eight petroleum companies or companies that invest in them, including Transocean Ltd., which owned the Deepwater Horizon. The report shows that most of his holdings were valued at less than $15,000, though it did not provide specific amounts.

It's not clear whether Feldman still has all of the energy industry stock listed in the report. Recent court filings indicate he may no longer have Transocean shares. He did not own any shares in big companies such as BP PLC, which was leasing the rig that exploded, or ExxonMobil.

[Danzig]

a judge struck down the drilling ban....now it turns out, said judge has extensive oil holdings.

[Riot]

The EPA is going to immediately re-issue the moratorium including the details the judge said it lacked (reason for striking it down)

[Riot]

news broken on twitter via @nytimes...
NYT NEWS ALERT: Oil Well Gushes Unchecked After Accident Forces BP to Remove Cap

[Cannon Shell]

Originally Posted by Danzig

a judge struck down the drilling ban....now it turns out, said judge has extensive oil holdings.

a conflict of interst within the state of louisiana? Well that is just stunning news.

[Antitrust32]

Best thing to happen to BP was Rolling Stone