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The Real Impact of the Gulf Oil Spill

Hat Tip to NewsOne for this one!

This one examines some of the impact of the oil spill on daily lives in Louisiana.

 
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Posted by on June 27, 2010 in American Greed

 

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Republican Judge Who Overthrew Oil Drill Ban Had Oil Interests

Another Republican appointed Judge…

Another dirty deal.

Martin Feldman was a Reagan Appointee to the Federal Court.

An Under the Table Conflict of Interest

Judge who overturned drilling bans had shares in the oil industry

Martin Feldman, who ruled against Barack Obama’s moratorium, accused of conflict of interests

The judge who overturned deepwater drilling bans allowing BP to resume oil extraction in the Gulf of Mexico, had shares in Transocean and other firms in the industry, it was revealed today.

Yesterday, a Louisiana-based judge Martin Feldman ruled that Barack Obama’s six-month drilling moratorium in the Gulf was unjustifiedbecause it assumed that all deepwater drilling was as dangerous as BP’s.

The White House promised an immediate appeal.

Meanwhile environmental groups have said Feldman’s ruling may have to be rescinded because of the possible conflict of interests.

Feldman’s most recent financial disclosure forms show that he was paid dividends from his shares in Transocean, the firm that owned the Deepwater oil rig that exploded in April killing 11 oil workers, prompting America’s worst environmental disaster.

The forms, which relate to the calendar year 2008, also show that he sold shares in Halliburton, which was also involved in the disaster.

Feldman’s other interests included Ocean Energy, Quicksilver Resources, Prospect Energy, Peabody Energy, Pengrowth Energy Trust, Atlas Energy Resources, and Parker Drilling. Read the rest of this entry »

 
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Posted by on June 23, 2010 in Stupid Republican Tricks

 

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Texas Tar Baby – Republicans Stuck to Big Oil

After the now prophetical “Drill, Baby, Drill” of the 2008 Republican Convention, Republicans are finding it hard to scrub the black oily stuff from their image…

If you blinked today you might have missed this remarkable turnaround – Just the headlines:

GOP Rep. Apologizes to Hayward, BP for $20B Fund- CALLS WHITE HOUSE PRESSURE A $20B SHAKEDOWN’

Rep. Joe Barton told Hayward he was “ashamed” of the pressure the White House put on BP to create the $20 billion escrow fund to cover losses to victims of the spill. “I think it’s a tragedy of the first proportion that a private corporation can be subjected to what I would call a shakedown,” the Texan said. “In this case a $20 billion shakedown.”

Joe Barton’s BP Apology Could Be ‘Game-Changing’ – PUNDITS THINK DEMOCRATS HAVE A LINE OF ATTACK

Steve Benen, Washington Monthly: “We’ll see if Barton is forced to walk back his apology, but at this point, his remarks may be one of the year’s game-changing moments.”

Fellow GOP Congressman Wants Barton Off Panel – FLORIDA LAWMAKER BLASTS APOLOGY TO BP

A fellow Republican has called on Joe Barton to step down from the House Energy Committee forapologizing to BP’s CEO. Rep. Jeff Miller, who represents the Pensacola district of Florida—one of the areas most affected by the Gulf oil spill—said Barton’s conciliatory comments to Tony Hayward “call into question his judgment and ability to serve in a leadership on the Energy and Commerce Committee,” the Hill reports.

Barton Retracts Apology to BP – TEXAS REPUBLICAN REGRETS USE OF WORD ‘SHAKEDOWN

“I apologize for using the term ‘shakedown’ with regard to yesterday’s actions at the White House in my opening statement this morning, and I retract my apology to BP,” said the Texas Republican in a statement.

“I regret the impact that my statement this morning implied that BP should not pay for the consequences of their decisions and actions in this incident,” said his statement, as per CBS.

GOP Leaders Ordered Barton to Apologize, ‘Immediately’ – BOEHNER, CANTOR LAID DOWN THE LAW

So what prompted Joe Barton’s quick retraction of his apology to BP? A sincere change of heart, maybe. Or it could have been the meeting with House GOP leaders John Boehner and Eric Cantor, who told him, “Apologize, immediately. Or you will lose your (committee) position, immediately,” reports the Washington Post.

Oh My… All in 4 hours! Mr Barton must have bumped into his staff still leaving the conference room before they could all file out!

Of Course Rep Barton and Republicans have another problem… A comment he made in 2004:

“Offshore drilling and production platforms are so technologically advanced that one platform on the surface of the water can handle production from several different wells several miles apart, house a myriad of technologically advanced computer systems, employ scores of personnel, generate electricity, enable people to face and conquer the adversities of living in the middle of the ocean, and do so 24 hours a day, 7 days a week; all without so much as losing a gum wrapper over the side of the platform. It is truly amazing,” Barton said, at an opening for aSubcommittee on Energy and Air Quality hearingon April 29, 2004.

And the small issue that Mr Barton has received $1.2 million in campaign contributions from big oil…

 
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Posted by on June 17, 2010 in Stupid Republican Tricks

 

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Obama Gets Pissed

Been waiting for this for a long time…

Vodpod videos no longer available.

 

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New Projections Show Gulf Oil Surging Up Atlantic Coast

Just in case you thought the worst was over with the Oil disaster in the Gulf, new projections now call for the spill to travel up the Atlantic coast, possibly all the way to Delaware or New Jersey.

Potential Map of Oil Spill Route

New Projections Show Gulf Oil Surging Up Atlantic Coast

New projections show that currents will soon carry oil from the Gulf of Mexico into the Atlantic Ocean and up the Eastern seaboard — but won’t hit New York, probably.

The projections, released today, on day 45 of the BP oil spill, come from the National Center for Atmospheric Research (NCAR) — which, despite its name, routinely studies ocean currents as well.

The NCAR released a video from a computer model, which shows that the oil will begin to drift around the tip of the Florida Peninsula around day 72 of the spill — and then currents will quickly carry it around Florida and up the East coast.

It will reach North Carolina by day 80 and then flow east into the Atlantic Ocean.

“I’ve had a lot of people ask me, ‘Will the oil reach Florida?’ Actually, our best knowledge says the scope of this environmental disaster is likely to reach far beyond Florida, with impacts that have yet to be understood,” said NCAR scientist Synte Peacock, in their report.

However, Peacock and the other researchers also emphasize that this is a “simulation” and not a “forecast.”

The results were achieved using a computer program that simulates dye traveling through ocean currents. So no actual dye was released into water; the computer instead reached its projection by calculating the dispersal rate of a “dye tracer.”

The report admits that the programmed “dye” has little physical similarity with oil. The dye in the model “has the same density as the surrounding water, does not coagulate or form slicks, and is not subject to chemical breakdown by bacteria or other forces,” the report indicates.

“It is impossible to accurately predict the precise location of the oil weeks or months from now,” NCAR said in its report, instead calling its projections “an envelope of possible scenarios for the oil dispersal.”

Nevertheless, Tri-Staters are on alert.

“I think everybody who has a fishing boat or goes fishing is thinking about it a lot,” New Jersey fishing boat captain Howard Bogan told NBCNewYork last week.

 
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Posted by on June 4, 2010 in News

 

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The Other Oil Disaster – Real Estate Value On Gulf Drops Through The Floor

The “Redneck Riviera”, the oceanfront properties running from Louisiana over to Florida’s northwestern coast had been a booming area until the Real Estate Meltdown…

Property values are currently running up to 65% below their 2005 peak.

The oil spill, expected to impact the beaches in many of the areas will further devalue properties – possibly forcing thousands of foreclosures as people find themselves sitting on vacation properties worth only 5-15% of what they paid for them.

Oil Spill Expected To Trigger Thousands Of Foreclosures Of Gulf Real Estate

Homes along the immediate path of the Gulf Coast oil leak are forecast to decline at least 30% in value as a result of the environmental catastrophe produced by British Petroleum’s gushing oil well  42-miles off of Louisiana, according to a new forecast by Housing Predictor.

The forecast is being issued after more than a month of research and monitoring the impact of the oil leak, which has poisoned the eco-system along the marshes of the Louisiana coast line and as far east as Alabama. Housing analysts contend that the projected losses in housing value will top that of any oil disaster in the nation’s history and will send tens of thousands of additional homes into foreclosure as a result. Read the rest of this entry »

 
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Posted by on June 3, 2010 in News

 

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Spike Lee – “BP, Oil Companies, the Government – They All In Cahoots”!

Mr President –

“One time, go off!” director Spike Lee urged on CNN’s “AC 360°.” “If there’s any one time to go off, this is it, because this is a disaster.”

Here’s the deal. This United States ship of state has been reduced to a leaky old scow by years of mismanagement, “Starve the Beast”, the fallacy of smaller government, and disastrous deregulation. At this point in time, to keep it afloat – EVERYBODY needs to be rowing, bailing, or patching the holes.

It isn’t just BP you need to “go off on” Mr President…

It’s those Republicans who keep trying to drill more holes.

Back after Katrina, Republicans argued it wasn’t the Federal Government’s job to help the states. This from Uncle Tommie Sowell after Katrina

“The Federal Government should not give bail out money. People should get private insurance. Because the government causes people to live in dangerous areas. If the market could decide without government intervention, people would be less likely to live in disaster prone areas.

He lives in an earthquake prone area and feels if his house is destroyed, that he does not have a right to have taxpayers in other parts of the country paying to rebuild his house.”

The states in the Gulf region have encouraged oil development with low (or no) taxes, favorable laws, and have turned a blind eye to the risks and environmental damage…

By Uncle Tommie’s logic – the taxpayers in other parts of the country aren’t responsible for the Gulf States foolishness…

That IS after all – what “small government” means.

 
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Posted by on June 3, 2010 in American Greed

 

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