Deep-water drilling moratorium...

[Okla-homey]

Oil expert interviewed on NPR this a.m. says BHO's six-month freeze on deep water drilling induces additional hazards. His premises are:

1) the high-tech wells are in high demand internationally and are now leaving the Gulf for other regions since their owners can't afford to let them be idle, leaving only the lower tech rigs to resume drilling in six months.

2) the lower tech rigs, to be unused for six months, are more prone to catastrophic malfunctions when they are re-started.

discuss.

:pop:

[GrapevineSooner]

Law of unintended, but not unexpected, consequences.

[delhalew]

Lots of problems with the moratorium. Since all the fishermen and tourism dependent people are screwed, lets add rig workers to the unemployed.

[Breadburner]

Yup....another rahtarded descision by the O'dumba.....

[Sooner04]

Until the oil companies prove that this sort of catastrophe can be averted in future drilling they should not be allowed within miles of the Gulf.

[delhalew]

Until the oil companies prove that this sort of catastrophe can be averted in future drilling they should not be allowed within miles of the Gulf.

You should not be allowed within miles of a keyboard.

[yermom]

Until the oil companies prove that this sort of catastrophe can be averted in future drilling they should not be allowed within miles of the Gulf.

like you know anything about the oil business

[Sooner04]

like you know anything about the oil business
Of course not. Not a drop. :)

No accountability for anybody who screwed up in this whole matter. Let's just keep going on and learn nothing from this catastrophe. Move along, nothing to see here.

The Gulf's closed. Moose out front shoulda told ya.

[Okla-homey]

Of course not. Not a drop. :)

No accountability for anybody who screwed up in this whole matter. Let's just keep going on and learn nothing from this catastrophe. Move along, nothing to see here.

The Gulf's closed. Moose out front shoulda told ya.

One third of domestic oil production comes from the Gulf. We cannot afford to "close" the Gulf, unless we're willing to make up the difference with OPEC, a/k/a Saudi.

And how can you say "no accountability?" BP agreed to place $20B in escrow for claims made. That's "accountability" on steroids. sheesh.

[delhalew]

It's amazing to me how people react solely on emotion without any regard for the economic domino effect of their actions.
If you want to increase the misery of your fellow Americans use this as an excuse to strangle our limping economy.

[Sooner04]

All that stuff can be sorted out in time.

Until then, let's get the sucker capped by any means possible and clean up the carnage.

[Okla-homey]

All that stuff can be sorted out in time.

Until then, let's get the sucker capped by any means possible and clean up the carnage.

That's the thing. The casing's shot. That plus the incredible pressure (<5000' below sea level) is squeezing that well head like a ginormous zit. That's why oil is squirting forth at such an alarming rate. Many experts have thus concluded it will only stop when the oil deposit from which the oil spews is exhausted. 2-4 years from now.

http://www.csmonitor.com/From-the-news-wires/2010/0617/BP-oil-disaster-How-much-oil-is-left

The irony is, and this is indisputable, the greenies insistence that there must be no new inshore wells resulted in this venture at such an incredible depth and with it, the unintended consequence that if such a deep-water well blew out, there is practically no remedy available short of relief wells.

And relief wells at that depth are incredibly expensive and time-consuming. Moreover, in the end, whether the relief well strikes the same pool of oil now spewing, is pretty much a trial and error dealio.

[StoopTroup]

How come gas isn't around $10 a gallon yet?

[Okla-homey]

How come gas isn't around $10 a gallon yet?

Give it time. Oil is a commodity and the price it's trading for today won't be felt at the pump for a while.

[bluedogok]

The irony is, and this is indisputable, the greenies insistence that there must be no new inshore wells resulted in this venture at such an incredible depth and with it, the unintended consequence that if such a deep-water well blew out, there is practically no remedy available short of relief wells.
Yep, if it was a shallower water well it could have been handled in 24 or so hours and none of us would have heard anything about it. Make the "easy" oil hard (or impossible) to get then you end up having people go after the more difficult and potentially more troublesome deposits.

It isn't like this was "new territory" either, there are quite a few deep water wells that went off without complications...of course that might also have led to complacency since there hadn't been an accident like this one.

[Okla-homey]

How come gas isn't around $10 a gallon yet?

Do you like shrimp?

http://www.accuweather.com/video/27461445001/shrimp-prices-on-the-rise.asp