Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Monday, August 9, 2010

Oil that has been said to have "disappeared" waiting in the wings

This video tells the disturbing story. While Matt Simmon's may have been an alarmist or attempting to push an agenda...I do believe that the heavy use of dispersants is similar to the heavy use of HFT or manipulations that are occurring in the financial world. The problems looks like they are dissipating but they are really still there...most of the oil in the gulf has NOT been eaten by oil eating bacteria or evaporated...it has been dispersed and has sunk to the sea floor.

Sunday, June 20, 2010

40 Years of oil exploration in the gulf...

The most consistent attribute has been cronyist governmental regulation and support. The government is the partner and facilitating investor making the whole charade possible. Corporatist regulation has legalized what was not legal or too risky. Now a company can drill say - "we did nothing wrong"...ironically, the reason the government is posturing with hollow efforts and promises is that they want the exact same thing. "We, your government did nothing wrong. BP's ass is the one we want to nail..." That is what everyone wants - a finger to point while protecting their conflicted adgenda.

This well should have been blown up when it mattered and would not have caused secondary methane and gas explosions of mammoth proportions. Obama and the government knew that. So, why are we here?...feels like familiar territory.


Here's a good summary of the governments statements/view.

Saturday, June 19, 2010

Oil Spill Update

Below is the oil slick as of the 19th:

Below is what the oil spill looked like 10 days ago...
Oil from the Deepwater Horizon rig lingered near the Mississippi Delta on June 10, 2010. The MODIS on NASA’s Aqua satellite captured this image the same day. The oil slick is pale gray, and the most conspicuous portion of the oil slick in this image appears near the Deepwater Horizon rig. A smaller, though still sizable, extension of the slick appears northeast of the rig. Clouds somewhat obscure the Mississippi Delta, northwest of the rig.
In photo-like satellite images, sunlight reflecting off the ocean surface and into the satellite sensor makes the oil slick easier to see. Oil smoothes the surface of the water, making it a better mirror of sunlight than the surrounding water. As a result, the oil appears lighter than oil-free surface waters.
My question is who we should be believing? Clearly, the government does not have control over the situation and all we need is a storm to turn this thing into a total disaster. Also, clearly the estimates by so called "experts" were required to be increased because how else could you explain these images. Clearly, those new estimates are optimistic (to be generous) as have been all the official statements regarding this issue.

Remember this type of betrayal by the government and corporate interests next time they try to smooth over some financial calamity. The lies in our system are just so preposterous, mammoth and conflicted that its almost beyond my capacity to understand.

How can a fed chief, many bank CEO's, several Oil company CEO's (among many others) and a president all lie their asses off, be totally off base or surreptitiously motivated and still have their jobs? It does not work that way for the rest of us.

Sunday, May 30, 2010

Totally misshandled practices, misjudgments and corrupt politics

That's the basis for this oil spill. Five weeks ago Obama was Mr. "We need drilling in the Gulf" guy now he's Mr. TarBall. How many more lies does our bought and paid for president want to spew?








Friday, May 21, 2010

More lies everywhere...things are really whacked

Click for video regarding the oil spill in the gulf if you do not see it below its not 5,000 barrels a day leaking from the spill in the Gulf its 95,000. That's quite a big difference...I have not seen anything of that sort being discussed in the press.

More at The Real News