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  #1  
Old 06-23-2010, 07:45 AM
Danzig Danzig is offline
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a judge struck down the drilling ban....now it turns out, said judge has extensive oil holdings.
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  #2  
Old 06-23-2010, 11:12 AM
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The EPA is going to immediately re-issue the moratorium including the details the judge said it lacked (reason for striking it down)
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Old 06-23-2010, 11:57 AM
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Default BP Well accident, cap removed

news broken on twitter via @nytimes...
NYT NEWS ALERT: Oil Well Gushes Unchecked After Accident Forces BP to Remove Cap
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Old 06-23-2010, 12:41 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by Danzig View Post
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.
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  #5  
Old 06-23-2010, 02:28 PM
Antitrust32 Antitrust32 is offline
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Best thing to happen to BP was Rolling Stone
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Can I start just making stuff up out of thin air, too?
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  #6  
Old 06-23-2010, 03:18 PM
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Quote:
Originally Posted by Antitrust32 View Post
Best thing to happen to BP was Rolling Stone
Sad but true.
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  #7  
Old 06-23-2010, 08:20 PM
Danzig Danzig is offline
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http://online.wsj.com/article/SB1000...NewsCollection

BP Relied on Faulty U.S. Data

By NEIL KING JR. And KEITH JOHNSON
BP PLC and other big oil companies based their plans for responding to a big oil spill in the Gulf of Mexico on U.S. government projections that gave very low odds of oil hitting shore, even in the case of a spill much larger than the current one.

The government models, which have not been updated since 2004, assumed that most of the oil would rapidly evaporate or get broken up by waves or weather. In the weeks since the Deepwater Horizon caught fire and sank, real life has proven these models wrong.



The government's optimistic forecasts reinforced the oil industry's confidence in its spill-prevention technology, leading to decisions that left both oil companies and the government ill-prepared for the disaster that has unfolded in the Gulf since April 20.
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Old 06-23-2010, 09:28 PM
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BP also relied on nothing. Remember last week's hearings? The oil companies just photocopied each others' "disaster plans" for the gulf. You know, what to do to save the sea otters and walrus, and call the guy who has been dead for a few years.
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  #9  
Old 06-23-2010, 09:35 PM
GBBob GBBob is offline
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Considering what we are finding out, why not a 6 month moratorium on drilling? I know it's painful job wise, but work out a deal where they get compensation while everyone makes sure this sh*t is safe. This shouldn't be political and there will be jobs for sure in the near future.
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