I don't want to hear a word about any moritorium either. BP received huge tax breaks because IT LOST MONEY. What a shame We should all have a pity party for BP. One company is trying to improve the circumstances of Americans, such as GE, while another just doesn't give a damn, like BP. If GE received tax incentives to HELP the USA move away from fossil fuels, they are heroes. There is no need for fossil fuels as far as I am concerned. They are dirty and dangerous. Go, GE, Go!
By Ed Crooks and Sheila McNulty
Published: April 20 2011 19:32 | Last updated: April 20 2011 19:32
US oil production this year is on course to rise, independent forecasters believe, in spite of delays to drilling in the Gulf of Mexico, as the boom in the onshore oil industry offsets the slowdown offshore.
On the first anniversary of the explosion on the Deepwater Horizon drilling rig, which killed 11 men, there were memorials for the dead and protests from environmental campaigners....
The new regulations resulting from the President's commission sadly does nothing to existing wells except to re-engage more stringent inspections to be sure early signs of failure are found.
The new regulations require all companies planning exploration and/or drilling submit a "Safety Test" to outline all the dangers their particular well could face. In that, the company also has 'in place' all necessary precautions before drilling begins. In my opinion that means MANDITORY relief wells to be drilled at the same time as the exploratory well to immediately intrupt a rupture if it occurs.
These measures are completely necessary and appropriate and are not over reaching of government. Our fisheries are vital to the nation and to the lives of the people and families that make a living within them. Additionally, the coastal USA is vital to tourism and the beaches are paramount to a healthy economy.
On the first anniversary of the explosion on the Deepwater Horizon drilling rig, which killed 11 men, there were memorials for the dead and protests from environmental campaigners....
The new regulations resulting from the President's commission sadly does nothing to existing wells except to re-engage more stringent inspections to be sure early signs of failure are found.
The new regulations require all companies planning exploration and/or drilling submit a "Safety Test" to outline all the dangers their particular well could face. In that, the company also has 'in place' all necessary precautions before drilling begins. In my opinion that means MANDITORY relief wells to be drilled at the same time as the exploratory well to immediately intrupt a rupture if it occurs.
These measures are completely necessary and appropriate and are not over reaching of government. Our fisheries are vital to the nation and to the lives of the people and families that make a living within them. Additionally, the coastal USA is vital to tourism and the beaches are paramount to a healthy economy.
