Tuesday, January 11, 2011

DEEP WATER OIL DRILLING WHEN PROPERLY SUPERVISED IS SAFE

The oil spill in the Gulf of Mexico was an avoidable disaster caused in part by a series of cost-cutting decisions made by BP and its partners, the White House oil commission has concluded.

In a preview of its final report, due next week, the national oil spill commission said systemic management failure at BP, Transocean, and Halliburton caused the blow-out in the Gulf of Mexico, and warned that such a disaster would likely recur because of industry complacency.

Transocean tried to shift the blame to BP and government. "The procedures being conducted in the final hours were crafted and directed by BP engineers and approved in advance by federal regulators," a company statement said.

Halliburton, which has previously criticised commission lab tests finding a faulty cement seal, said the commission had made use of selective information.


http://www.guardian.co.uk/environment/2011/jan/06/bp-oil-spill-deepwater-horizon



SO THE BALL IS ON THIS ADMINISTRATION's COURT, WILL THEY ALLOW MORE DRILLING LEASES SO THAT GAS PRICES WILL FALL (NOW AS HIGH AS $3.70 as LOW AS $2.80) OR WILL THEY PREFER THE DESTRUCTION METHOD FOR THIS COUNTRY THROUGH SKYROCKETING ENERGY CONSUMER COST AND EVENTUALLY LEADING TO HIGHER FOOD COST BE THE PREVAILING WIND.



Regular Mid Premium Diesel 85 **E85
MPG/BTU
adjusted
price
Current Avg. $3.09 $3.28 $3.40 $3.34 $2.65 $3.48
Yesterday Avg. $3.09 $3.28 $3.40 $3.33 $2.63 $3.46
Week Ago Avg. $3.07 $3.26 $3.38 $3.32 $2.62 $3.45
Month Ago Avg. $2.97 $3.16 $3.27 $3.25 $2.55 $3.35
Year Ago Avg. $2.75 $2.92 $3.02 $2.91 $2.36 $3.11



http://fuelgaugereport.aaa.com/?redirectto=http://fuelgaugereport.opisnet.com/index.asp

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