Tim Sloan/AFP/Newsroom
The USA is OUTSOURCING all the oil industry jobs. Get over it. We don't need this mess causing problems within the borders of the USA.
The Petroleum Industry has now decided it is OKAY to be negligent in their practices since it will never touch their bottom line.
These small companies are 'service companies' no different than AIG was to the investment banks. They are insurance to the recklessness of the petroleum industry.
Halliburton, quite literally, has openly stated they don't know what they are doing. To solidify that understanding is now a company that will follow in behind Halliburton's work to 'clean up' their disasters. Halliburton is an example of some of the most hositle business practices within Wall Street.
If Halliburton has a clean up company then why not keep them profitable as well? Halliburton and the petroleum industry will attempt to find ways of 'sheltering' their stocks by putting companies in the way to liability.
There are companies in the Gulf that 'service' the rigs and the industry and are whining about the slow down to their businesses because of the moritorium. Too bad. They need to think outside the box if they don't want a law suit with BP. They can 'follow the rigs' and go where they go. Sort of like gypsies or carpetbaggers. The real dangers to the USA and its economy by the Petroleum Industry can't be ignored and the corruption of their business practices are getting worse instead of better.
We don't need it. Canada and Mexico can supply whatever oil the USA needs. Our fisheries and tourism vacation spots are important, MORE IMPORTANT THAN THE OIL.
The leases to 3% of the world's oil belongs to future generations of Americans when the CO2 levels have returned to normal and the USA has 'state of the art' alternatives in energy and transportation.
ENOUGH !!!!!!
...The firm, Boots and Coots, focuses on oil spill prevention and blowout response. Now, it is assisting with the relief well work – under contract to BP – to help stop the Gulf oil spill.
What appears to conspiracy theorists as more than a coincidence is nothing out of the ordinary, say oil-industry experts. Increasingly, oil-industry titans are buying up smaller companies that provide all manner of services.
But this trend is worrying in itself, the experts say. As companies grow and work both to drill wells and potentially clean up their own mistakes, the result can be unintentional but riskier decisionmaking over time due to a lack of focus – particularly in an industry that is poorly regulated.
Moreover, there is concern that – as the Gulf oil spill shows – big bureaucracies are not nimble enough in an emergency....
