If anyone still believes we must drill, baby, drill offshore -- aside from Bill Kristol, that is, who wants to sink wells even closer to precious coastal wetlands -- then perhaps it is time to consider again the potential benefits of nationalization. After all, there is one country that has established an unrivaled record for environmental safety while exploiting its offshore petroleum reserves. That would be Norway, which created the company now known as Statoil Hydro as a fully state-owned entity and still controls nearly two-thirds of the company's "privatized" shares.
"BP didn't file a plan to specifically handle a major oil spill from an uncontrolled blowout at its Deepwater Horizon project because the federal agency that regulates offshore rigs changed its rules two years ago to exempt certain projects in the central Gulf region"
The experimental containment dome was successfully positioned over the leaking riser pipe last night, but then had to be removed after a large volume of ice-like methane hydrate crystals accumulated inside of the structure. These crystal hydrates blocked the flow of oil and threatened to lift the dome off the sea floor.
A confidential government report on the unfolding spill disaster in the Gulf makes clear the Coast Guard now fears the well could readily become an unchecked gusher shooting millions of gallons of oil per day into the Gulf.
27 waivers or exemptions from in-depth environmental studies were given to Gulf Coast oil companies...AFTER the BP oil spill in April 2010? Does anyone know what these 27 waivers consisted of? Were they substantive, either individually, or as a whole? What agency or agencies granted them?