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Drilling Is Stalled Even After Ban Is Lifted – WSJ.com.
President Obama has all but destroyed the oil industry in this country. This of course has been his agenda. To destroy a nation as quickly as possible make it dependent upon other countries. Three extra cheers when these other countries are enemies of the nation one wishes to destroy and the nations who have the oil are all our enemies! Gasoline prices are going up and expected to hit $5 a gallon by this Fall. This of course does not take in the other uses for oil from heating our homes to the making of plastics and polyesters which will impact just about every industry and aspect of our life. All this when we are in the greatest depression since the 1930’s.
President Franklin Roosevelt also did everything he could to destroy our nation’s agricultural culture and he succeeded. He did such things as ordering 2 million hogs slaughtered while millions of people in the country were starving! But he got what he wanted as the United States lost its family farms to huge agri-businesses. Progressive Presidents are a plague to a nation and freedom. Remember that as you read this article. BB
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More than two months after the Obama administration lifted its ban on drilling in the deep-water Gulf of Mexico, oil companies are still waiting for approval to drill the first new oil well there. Experts now expect the wait to continue until the second half of 2011, and perhaps into 2012.
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(Dear Readers I usually highlight what I feel are important points. I haven’t highlighted here because it is ALL important points. BB)The Deepwater Horizon oil rig burns on April 21; the spill halted deep-water drilling in the Gulf of Mexico for months.
The administration says it is simply trying to enforce new safety rules adopted in the wake of the April 20 explosion of the Deepwater Horizon drilling rig, which killed 11 workers and set off the worst offshore oil spill in U.S. history. Environmental groups say the administration is right to take its time because the Gulf disaster exposed the risks of offshore drilling.
(Remember that this same President and his Dem. Congress gave Mexico millions to drill in the Gulf of Mexico! They also made oil drilling grants to Brazil and Venezuela, BB)
But the delay is hurting big oil companies such as Chevron Corp. and Royal Dutch Shell PLC, which have billions of dollars in investments tied up in Gulf projects that are on hold and are paying hundreds of thousands of dollars a day for rigs that aren’t allowed to drill. Smaller operators such as ATP Oil & Gas Corp., which have less flexibility to focus on projects in other regions, have been even harder hit.
The impact of the delays goes beyond the oil industry. The Gulf coast economy has been hit hard by the slowdown in drilling activity, especially because the oil spill also hurt the region’s fishing and tourism industries. The Obama administration in September estimated that 8,000 to 12,000 workers could lose their jobs temporarily as a result of the moratorium; some independent estimates have been much higher.
The slowdown also has long-term implications for U.S. oil production. The Energy Information Administration, the research arm of the Department of Energy, last month predicted that domestic offshore oil production will fall 13% this year from 2010 due to the moratorium and the slow return to drilling; a year ago, the agency predicted offshore production would rise 6% in 2011. The difference: a loss of about 220,000 barrels of oil a day.
Drilling in waters of less than 500 feet also has been snared by the government’s increased scrutiny. Regulators requested modifications to 101 shallow-water drilling plans in 2010, compared with 59 such requests in 2009 and just 31 in 2008. Rig operators say drilling permits once approved in a matter of weeks have taken up to five months to process as the government introduced new rules.
The lengthy delays in reviewing new permits have caught the industry off guard. When the Obama administration lifted its ban on deep-water drilling on Oct. 12, many experts had expected a few permits to be issued before the end of 2010, followed by a gradual ramp-up of activity this year.
Among the new rules: Companies must hire outside engineers to certify key well-safety equipment and subject the gear to more rigorous tests. They require more worker training, more documentation and detailed plans of how they would respond to a worst-case well blowout.
Environmentalists say the Deepwater Horizon disaster proved reviews needed to be more thorough. “The process can work efficiently. Maybe not as quickly as it did before, but that’s understandable,” said Elgie Holstein, a staff expert at the Environmental Defense Fund.
But with no deep-water permits yet issued and companies still struggling to comply with new, tougher safety rules, experts say it could be 2012 before drilling approaches pre-disaster levels. Even when it does, projects that were once approved in weeks will likely take months to get past increased regulatory scrutiny.
(You understand that countries Obama & Co. has funded for oil drilling have absolutely NO STANDARDS, codes or regulations for their rigs. BB)
“There was a sense that we would start to see deep-water permits approved by year end,” said Arun Jayaram, an energy analyst with Credit Suisse in New York. Mr. Jayaram said he now doesn’t expect much deep-water drilling at all this year.
Some companies are shifting investments out of the Gulf. BP PLC recently said it would move a brand-new rig that was meant to work in the Gulf, Pride International Inc.’s Deep Ocean Ascension, to Libya. Marathon Oil Corp. has tried to cancel a contract for a newly built Gulf rig owned by Noble Corp. Noble declined to comment, but last month it said it would “vigorously defend its rights under the drilling contract.”
Related Article
Erik Milito, a senior official at the American Petroleum Institute, the oil industry’s main lobbying group, said more rigs will leave soon if drilling isn’t allowed to resume. “They’re doing everything they can to keep the contracted rigs in the Gulf,” said Mr. Milito. “But they’re idle, they’re not able to do the work they intended to be out there doing, and that can only go on so long.”
This isn’t the first time the industry has issued such warnings. When the Obama administration first announced its moratorium on deep-water drilling in May, industry leaders predicted thousands of layoffs and a quick exodus of rigs from the Gulf. Instead, most companies either kept their rigs on stand-by or kept them busy with jobs that weren’t covered by the moratorium, such as cleaning up old wells.
There are signs that companies remain committed to the Gulf. Chevron has in recent weeks announced two major deep-water projects there, which together will cost nearly $12 billion.
“The deep-water business is a very long-term business, so we take a very long-term view,” Gary Luquette, the head of exploration and production for Chevron in North America, said in an interview. BP and Shell also have said they have no plans to sell their Gulf properties.
Editors’ Deep Dive: Oil Servicers Await Gulf Activity
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Expect More Service Sector Growth In 2011
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Standby Arrangements Extended in Gulf of Mexico
Dow Jones News Service
GE Bets on Deep Water Oil With $1.3 Billion Wellstream Bid
Access thousands of business sources not available on the free web. Learn MoreSmaller oil companies, however, are less able to wait out the slowdown. ATP Oil & Gas, one of the smallest deep-water operators in the Gulf, has seen its share price fall 27% since the Deepwater Horizon exploded, a sign investors are concerned about lost revenue from its delayed wells. ATP’s chairman, Paul Bulmahn, has said the company is now looking for projects in other countries. In a letter to President Barack Obama last month, Mr. Bulmahn pleaded for a drilling permit.
The slow pace of permitting has drawn fire even from some Congressional Democrats, especially Louisiana Sen. Mary Landrieu, who has said the policy is hurting the region’s economy.
Louisiana Department of Natural Resources Secretary Scott Angelle pushed for a return to drilling last month. “It’s time to get the men and women of this industry back to work, as well as the other industries that are dependent upon drilling activity for survival—the welders, the boat captains, the pipefitters and caterers,” he said. “There is a multitude of individuals on the coast who want to get back to work finding the fuel to energize America.”
The Obama administration’s newly formed offshore drilling regulator, the Bureau of Ocean Energy Management, Regulation and Enforcement, says it isn’t trying to stall new drilling but won’t be rushed by industry pressure. The agency notes it has approved permits for deep-water activity that wasn’t covered by the moratorium, such as modifications of existing wells.
“We will not cut corners in the permit review process,” agency spokeswoman Melissa Schwartz wrote in an email. “Our priority remains, as it must, to ensure that oil and gas drilling is done in a safe and environmentally responsible manner.”
Write to Ben Casselman at ben.casselman@wsj.com and Daniel Gilbert at daniel.gilbert@wsj.com
Morning Bell: “The American Public Is Not Behind This Bill”
Posted March 2nd, 2010 at 9:15am in Health Care with 45 comments
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After more than a year of $862 billion dollar deficit stimulus bills, national-debt-doubling federal budgets, and government takeovers of the auto industry, it is difficult to remember that President Barack Obama actually ran as a moderate in many ways. On his way to a 53% – 46% win over Sen. John McCain (R-AZ), then-Sen. Obama promised to “cut taxes for 95% of workers and their families,” expand the Army by 65,000 and the Marines by 27,000, and enact “a net spending cut” for the federal government. Obama promised lower taxes, a strong defense and shrinking the size of government. No wonder independents in nine states that went for President George Bush in 2000 and 2004 switched their vote to Obama in 2008 (CO, FL, IN, IA, NV, NM, NC, OH and VA). But now those independents are beginning to reassess. Public Policy Polling (a liberal polling firm) notes that Obama now has a negative approval rating in every state that he flipped from the Bush column to his in 2008.
And now President Obama has lost one of his biggest and earliest supporters on his signature issue: health care. Yesterday, when pressed on CNBC if he would be in favor of scrapping the Senate health care bill, Warren Buffett responded: “I would be.” Specifically, Buffett believes that the Senate bill will not contain health care costs: “We have a health system that, in terms of cost, is really out of control, and if you take this line and you project what has been happening into the future, we will get less and less competitive. So, we need something else. Unfortunately, we came up with a bill that really doesn’t attack the cost situation that much and we have to have a fundamental change.” Buffett is correct on both fronts: 1) the President’s own Centers for Medicare and Medicaid Services (CMS) has reported that the Senate health care bill would raise national health expenditures $234 billion by 2019; and 2) our current system is completely unable to control exploding health care costs.
So why is our current system completely unable to control costs? For the same reason most Americans over-eat at buffets: when you don’t have to pay for each plate of food, you usually eat more. In recent decades, the percentage of health care spending paid “out of pocket” by patients has fallen substantially, from 52% in 1965 to only 15% in 2005. Instead of patients paying for the care they receive, our system is built around a third-party payment system where the government and insurance companies are the ones who actually pay for individual medical expenses. When prices are determined through administrative procedures rather than market processes, both patients and producers are anesthetized from normal market incentives to reduce prices and spending. That is why our health care costs are rising so rapidly.
And every major pillar of Obamacare makes the third-party-payer problem worse: mandates that limit out-of-pocket spending by patients, mandates that extend the minimum benefits insurance must cover, a massive expansion of Medicaid, and lower limits on the tax deductibility of out-of-pocket spending. And the one measure that the left once pointed to as its key cost-reducing measure – the taxing of expensive health insurance plans – has been gutted and pushed back until 2018, when any honest observer knows it will never be implemented. Commenting on the state of health care reform, Buffet told CNBC yesterday:
If it was a choice today between plan A, which is what we’ve got, or plan B, what is in front of — the Senate bill, I would vote for the Senate bill. But I would much rather see a plan C that really attacks costs. And I think that’s what the American public wants to see. I mean, the American public is not behind this bill. And we need the American public behind the bill, because it’s going to have to do some tough things.
The current system is unsustainable. We do need heath care reform. But not reform that is opposed by the vast majority of the American people and makes the core problem of the current system worse. The President should follow Buffett’s advice, scrap the current bill and start over.
>>Obama Guts States’ Sovereignty and takes control of the National Guard which are the province of the states unless the states themselves release their authority.
Posted January 17, 2010
on:More important and terrifying news from American Daughter Nancy Matthis. thank you Nancy and all other contributors to American Daughter blog for your diligence in keeping track of the treasonous actions of the Democrats in congress and the Obama Administration. BB
Obama Guts States’ Sovereignty
By Nancy Matthis | Saturday, January 16th, 2010 at 4:45 pmBy executive order, Obama moved toward seizing control of the state national guards on January 11, trampling posse comitatus. This power grab went unremarked by the mainstream media, and created little stir in the Blogosphere. (I only learned about it from a link on a Danish website that aggregates tweets, which I happened to check out because an American Daughter article was linked there.)
A press release was posted on the White House website — President Obama Signs Executive Order Establishing Council of Governors. At the time of announcement, the Executive Order was not given a number, which kept it below the radar, but it should be #13528. The innocuous title would trigger no alarms, and apparently few journalists have delved into the legal text:
The Council shall meet at the call of the Secretary of Defense or the Co-Chairs of the Council to exchange views, information, or advice…. Such views, information, or advice shall concern … matters involving the National Guard of the various States; … synchronization and integration of State and Federal military activities in the United States; and … other matters of mutual interest pertaining to National Guard, homeland defense, and civil support activities….
One blogger caught this as soon as it was posted. From The Left – Watch What They Do, Not What They Say! — Breaking News – Obama Signs Martial Law Executive Order (January 11):
It looks as though President Obama today has taken his first step towards martial law in America. I just pulled this piece off the wires which indicates the issuance of his new executive order. This order sets up the framework for the use of federal troops and the combination of state and federal agencies under the Defense Department. This is startling news for many reasons. Why now? Why now?….
The next day one of Ron Paul’s supporters mentioned it in their forum, Daily Paul Liberty Forum, — Breaking News – Obama Signs Martial Law Executive Order (January 12).
Two days later, an article was posted at Social Security Institute — Step into my parlor, said the President to the Governors (January 14):
….If history has taught us anything, it is to beware of “cooperative partnerships” between the federal government and states. They invariably result in an expansion of federal authority and reach at the expense of the states and a diminution of individual rights and freedoms in the name of the general welfare and national security. So-called “cooperative federalism” is a snare and a delusion.
One direct result of the new Council of Governors will be to provide the federal government more control of state National Guards, allowing the president to synchronize and integrate federal military operations within the United States. The total disregard for the Posse Comitatus Act within this order is one more erosion of restrictions against the use of the military for law enforcement.
More generally, the new Council of Governors establishes a bureaucratic transmission belt for the president to conscript state governors to act as agents of the federal government. Indeed, by establishing this council, appointed by the president and presided over by the Secretary of Defense, President Obama is asking governors to engage in the ultimate act of sovereign suicide in the name of “intergovernmental cooperation and coordination.” This council represents the ultimate in “intergovernmentalism,” a perversion of true federalism….
The president’s latest executive order is of a piece with his December 17, 2009 executive directive amending Executive Order 12425 to grant immunity to Interpol agents operating within the United States, paving the way for Interpol to be conscripted by the president as a kind of Swiss Guard. Taken together, these two executive orders represent another quantum leap in the continued erosion of meaningful constraints on the federal government’s police power, and they constitute a frightening continuation of this president’s expansion of the military-industrial-police state at his command….
Just today, another blogger expressed concern. From Dissident Voice — Obama Executive Order Seeks to “Synchronize and Integrate” State and Federal Military Forces (January 16):
…. the Executive Order (EO) established a Council of Governors, an “advisory panel” chosen by the President that will rubber-stamp long-sought-after Pentagon contingency plans to seize control of state National Guard forces in the event of a “national emergency.”….
Clearly designed to weaken the Posse Comitatus Act of 1878 which bars the use of the military for civilian law enforcement, EO 13528 is the latest in a series of maneuvers by previous administrations to wrest control of armed forces historically under the democratic control of elected state officials, and a modicum of public accountability.
One consequence of moves to “synchronize and integrate” state National Guard units with those of the Armed Forces would be to place them under the effective control of United States Northern Command (USNORTHCOM)….
…. Given the serious implications such proposals would have for a functioning democracy, the media’s deafening silence on Obama’s Executive Order is hardly surprising. Like their role as cheerleaders in the escalating wars in Afghanistan and Pakistan, media self-censorship tell us much about the state of affairs in “new normal” America.
Like his predecessors in the Oval Office, stretching back to the 1960s with Pentagon “civil disturbance” plans such as Cable Splicer and Garden Plot, both of which are continuously updated, our “change” President will forge ahead and invest the permanent National Security bureaucracy with unprecedented power….
Other than those few mentions, and a handful of comments on Twitter, I have found no general discussion of the danger posed by this new initiative. But we’ll keep our readers updated.
Related:
KommonCents — Section 1385 of the Posse Comitatus Act (January 14)
Wikipedia — Operation Garden Plot
Operation Garden Plot is a general U.S. Army and National Guard plan to respond to major domestic civil disturbances within the United States. The plan was developed in response to the civil disorders of the 1960s and is now under the control of the U.S. Northern Command (NORTHCOM). It provides Federal military and law enforcement assistance to local governments during times of major civil disturbances…. Under Homeland Security restructuring, it has been suggested that similar models be followed.
SourceWatch — Operation Cable Splicer
Operation Cable Splicer is “the program for an orderly takeover of the state and local governments by the federal government. FEMA is the executive arm of the coming police state and thus will head up all operations. The Presidential Executive Orders already listed on the Federal Register also are part of the legal framework for this operation.”
Debt Ceiling Debate is the MOST IMPORTANT issue before Congress.
Posted by: Brenda Bowers on: January 24, 2011
Debt-Ceiling Debate – Andrew Stiles – National Review Online.
The most important issue before Congress is not health care or jobs but the Debt Ceiling! If Obama and his fiends are given more money then the jig is up for the United States. Our law makers must not allow this to happen. Make the cuts to keep within the amount of money coming into the government every day and then make the cuts to get us back in the black.
Any deals made with Obama and the Democrats can be and WILL BE broken the moment they have been given another piggy bank to raid.
Pay close attention to the comments by the politicians in this article and it will tell you exactly who not to vote for in 2012. I am assuming there will still be the “show” of a national election ion 2012 but if Obama gets more power now it is a fact that he will win the “for looks” election in 2012. It all depends on what our new elected Republicans can get the old dogs to do. Get on the phone people! If your congressman comes home see him at his office face to face with as large a group as possible and let him know you meant NO MORE SPENDING (that is also what Obama will call “investing” in our country.)
Be sure to go to the articles (Blue print) that the author recommends seeing. BB
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