{"id":4527,"date":"2011-01-18T00:10:00","date_gmt":"2011-01-18T06:10:00","guid":{"rendered":"http:\/\/ishmaels.net\/blog\/?p=4527"},"modified":"2011-01-18T00:10:00","modified_gmt":"2011-01-18T06:10:00","slug":"bp-cant-take-the-blame-for-everything-oh-really","status":"publish","type":"post","link":"https:\/\/www.ishmaels.net\/blog\/2011\/01\/18\/bp-cant-take-the-blame-for-everything-oh-really\/","title":{"rendered":"BP Can\u2019t Take the Blame for Everything \u2013 Oh Really?"},"content":{"rendered":"

I must disagree on the major point <\/strong>\u2013 it was BP<\/strong> that was in control and made the final decisions.\u00a0 Therefore they are responsible as the primary and final decision point.\u00a0 However, it was the others involved that should have been more forceful in their recommendations and made it known if there were questions and disagreements.<\/p>\n

I do understand, having worked in some of these spots, that the service supplier usually bends to the oil company decisions and in a lot of cases will not \u201cdisagree\u201d with the customer or even state warnings about things that could go wrong.\u00a0 Notice the \u201ccould\u201d as there is always a risk<\/strong> of doing any job, it is up to the people involved to identify and measure that risk<\/strong> and put in place proper controls to mitigate that risk<\/strong> to tolerable levels and that may not have been the case.<\/p>\n

I have to agree with this article<\/strong>, from the standpoints that we import way more \u201cenergy\u201d from countries, with unstable or politically questionable leadership today.\u00a0 Most of this we can not afford to lose and that import number is not going down.<\/p>\n

The dollars for energy that is taken out of our country<\/strong> is staggering and could have replaced nearly all the bailouts or QE needs.\u00a0 We have resources for energy, but for some odd , \u201cpolitical\u201d, reasons we do not use them (Natural Gas) to the extent we should.<\/p>\n

Please note,\u00a0 I do support the Pickens Plan as the only viable proposition on the table.<\/p>\n

We, as a country, have also made it so hard to get Nuclear plants<\/strong> built since 1979 that we are now way behind in a viable-cheap power source. \u00a0The risk<\/strong> for these as well as the risk<\/strong> for offshore drilling can be mitigated if people work at it. \u00a0We could really use nuclear power as a boost for or economy to produce a lot more of our electrical needs on a smooth consistent basis if we had a few more plants<\/strong> on-line.<\/p>\n

It all appears to be the politics and power of the few (special interest groups) that shout louder than the many (silent majority) these days.\u00a0 We desperately need an overhaul of our Energy<\/strong> Policy (non-existent), Political Processes (corrupt and out of control), and some of the procedures and standards along the way.\u00a0 – WD0AJG<\/p>\n

By Gerri\u00a0 Willis<\/p>\n

Published January 13, 2011 | FOXBusiness<\/p>\n

\"\"<\/p>\n

In the wake of the BP<\/a> oil spill, it would have been easy enough to conclude the Gulf<\/strong> would be ruined forever. BP<\/strong> was demonized as the single bad actor. But none of that turned out to be true, as USA Today<\/a> points out.<\/p>\n

The Gulf<\/strong> is well on its way to healing, and BP<\/strong> (NYSE:BP) wasn’t the only bad actor.\u00a0 Transocean (NYSE:RIG) and Halliburton<\/a> (NYSE:HAL) also cut corners. But these assumptions made back when the disaster happened in April threaten to overwhelm the response to the crisis.<\/p>\n

The Interior Department has reversed plans to open areas along the Atlantic coast and eastern Gulf<\/strong> of Mexico for drilling–ruling out leases for seven years–until 2017.<\/p>\n

The Department says it needs to get safety guaranteed before it opens these areas for drilling. Of course, drilling should be safe, but one accident, albeit a big one, shouldn’t stop an entire industry.<\/p>\n

Seven years to make the industry safe? That’s crazy.<\/p>\n

That number seems even crazier, when you realize that experts are predicting gas prices to hit $5 as soon as next year. This will sting consumers already reeling from low housing prices and staggering unemployment.<\/p>\n

We import half of our oil which puts us at the mercy of a volatile world market. The US<\/strong> Energy<\/strong> Information Administration says we produce 11% of the world’s petroleum, but consume 22%.<\/p>\n

Over the last 60 years consumption has gone up, but for some reason production has gone down, and the public is taking notice.<\/p>\n

According to an AP poll taken nearly four months after the BP<\/strong> spill, almost half of all Americans favor drilling off our shores.<\/p>\n

Finding a solution to the energy problem in this country<\/strong> means using everything at our disposal. As is often the case, the administration’s policies just aren’t practical.<\/p>\n

It’s critical that regulators and politicians don’t allow the BP<\/strong> spill to become the oil industry’s equivalent of Three Mile Island, the accident in 1979 that essentially shut down the construction of nuclear facilities – for which we all pay a price.<\/p>\n

We’d be in far better shape if we kept building nuclear plants<\/strong> –safe<\/strong> ones and, we are about to make the same mistake with oil.<\/p>\n

Be sure to catch the Willis Report on the FOX Business Network every weekday from 5-6pm ET.<\/strong><\/em><\/a><\/p>\n

Read more: http:\/\/www.foxbusiness.com\/personal-finance\/2011\/01\/13\/bp-blame\/#ixzz1AzkpGwht<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We import half of our oil which puts us at the mercy of a volatile world market. The US Energy Information Administration says we produce 11% of the world’s petroleum, but consume 22%. Finding a solution to the energy problem in this country means using everything at our disposal. As is often the case, the administration’s policies just aren’t practical. <\/p>\n

“And Now the Rest of the Story – “BP Can\u2019t Take the Blame for Everything \u2013 Oh Really?<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[13],"class_list":["post-4527","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bbs","odd"],"yoast_head":"\nBP Can\u2019t Take the Blame for Everything \u2013 Oh Really? - And That was How it Went<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ishmaels.net\/blog\/2011\/01\/18\/bp-cant-take-the-blame-for-everything-oh-really\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BP Can\u2019t Take the Blame for Everything \u2013 Oh Really? - And That was How it Went\" \/>\n<meta property=\"og:description\" content=\"We import half of our oil which puts us at the mercy of a volatile world market. 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Gulf Spill Gone.","author":"wd0ajg","date":"August 4, 2010","format":false,"excerpt":"OK, where did it go? \u00a0and Risk? is that risk of coming on shore or risk it is causing \"un-seen\" damage to the creatures that live in the Gulf? \u00a0True it is no longer a visible nightmare but that just begs to ask, where did it go? \u00a0If it evaporated\u2026","rel":"","context":"In "Environment"","block_context":{"text":"Environment","link":"https:\/\/www.ishmaels.net\/blog\/category\/environment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1328,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/07\/28\/gulf-spill-and-dispersants-stupid\/","url_meta":{"origin":4527,"position":1},"title":"Gulf Spills and Dispersants = STUPID!","author":"wd0ajg","date":"July 28, 2010","format":false,"excerpt":"I am not a researcher, specialist, toxicologists, or even what I would call truly knowledgeable... but even I understand what a Dispersant does. You use it ever day as dish soap to remove grease and the old advertisements all said - and showed - the action of breaking down the\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4253,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/01\/10\/managing-the-10-most-prevalent-investment-risks\/","url_meta":{"origin":4527,"position":2},"title":"Managing the 10 Most Prevalent Investment Risks","author":"wd0ajg","date":"January 10, 2011","format":false,"excerpt":"Time Horizon - the amount of time you can spare to have your money tied up in an investment. Investment mismatch is where money that is earmarked for the short term is invested in a long term strategy and vice versa.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3700,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/12\/20\/what-you-need-to-know-about-retirement-investing\/","url_meta":{"origin":4527,"position":3},"title":"What You Need to Know About Retirement Investing","author":"wd0ajg","date":"December 20, 2010","format":false,"excerpt":"Saving for retirement is similar to saving for other things in that you have similar investment options. Here is a run-down of the traditional investments and how they can work as retirement investments. You also need to consider how retirement specific accounts help support your retirement investing and how to\u2026","rel":"","context":"In \"Ishmael Bathurst Genology\"","block_context":{"text":"Ishmael Bathurst Genology","link":"https:\/\/www.ishmaels.net\/blog\/tag\/ishmael-bathurst-genology\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1420,"url":"https:\/\/www.ishmaels.net\/blog\/2010\/08\/19\/7-simple-tips-for-investing-success\/","url_meta":{"origin":4527,"position":4},"title":"7 Simple Tips For Investing Success","author":"wd0ajg","date":"August 19, 2010","format":false,"excerpt":"Who doesn't want investing success? With the current financial situation these days, people are beginning to look for alternatives ways to earn some extra money. A lot of those people are beginning to invest more regurlaly. For this reason I've come up with these 7 Simple tips to assist you\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4917,"url":"https:\/\/www.ishmaels.net\/blog\/2011\/02\/12\/fixed-income-portfolio-management-101\/","url_meta":{"origin":4527,"position":5},"title":"FIXED INCOME PORTFOLIO MANAGEMENT 101","author":"wd0ajg","date":"February 12, 2011","format":false,"excerpt":"I found this particularly instructive with the questions that are put forth in the article. \u00a0I think it could apply (the principles of the article) to any investing not just bonds. \u00a0I for one am not into bonds other than some 401K funds that do that. \u00a0- WD0AJG FIXED INCOME\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/4527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/comments?post=4527"}],"version-history":[{"count":0,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/4527\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/media?parent=4527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/categories?post=4527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/tags?post=4527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}