Drill Baby Drill!

Deja Vu all over again

GRAND ISLE, LA – An offshore oil rig has exploded in the Gulf of Mexico, west of the site of the April blast that caused the massive oil spill. Coast Guard Petty Officer Casey Ranel says the blast was reported by a commercial helicopter company about 9:30 a.m. CDT Thursday. Seven helicopters, two airplanes and four boats are en route to the site, about 80 miles south of Vermilion Bay along the central Louisiana coast.

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Is He Really That Stupid?

While upwards of 2.5 million gallons of oil a day leak into the gulf you would think that BP CEO Tony Hayward would be working to do whatever he could to get this tragedy fixed. If you thought that you’d be wrong.

Just when it seemed Gulf residents couldn’t get any more outraged about the massive oil spill fouling their coastline, word came Saturday that BP’s CEO was taking time off to attend a glitzy yacht race in England.

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Drill Baby Drill!

Good thing President Obama bowed to Conservatives and big oil and wants to allow more offshore drilling.

Gulf Oil Spill of ‘National Significance’: White House
Government officials are racing to the scene, but time may be running out.

Offshore winds pushed a giant oil slick closer to the Louisiana coast Thursday amid a frenzied effort by authorities to contain what one official said had become a disaster of “national significance.”

The White House pledged “all available resources,” including the military, to avoid an environmental catastrophe, and the Defense Department said it was studying ways to help as officials revealed that the Gulf of Mexico oil spill was far worse than believed.

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More To Come?

Now that the spineless Democrats have caved and allowed big oil to drill on more offshore sites I thought that I would point out another example of what we have to look forward to.

Hurricane Ike’s winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage only now is becoming apparent: At least a half million gallons of crude oil spilled into the Gulf of Mexico and the marshes, bayous and bays of Louisiana and Texas, according to an analysis of federal data by The Associated Press.

And let’s not forget Katrina which had it’s own environmental issues despite what many big oil surrogates have claimed.

In May 2006, the U.S. Minerals Management Service (MMS) published their offshore damage assessment: “113 platforms totally destroyed, and 457 pipelines damaged, 101 of those major lines with 10 inches or larger diameter.”In all, the two hurricanes caused 124 offshore spills for a total of 743,700 gallons, including six spills of 42,000 gallons or greater.

So feel free to enjoy the few pennies in savings we will soon be seeing (like 10 years from now)…

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While The Nation Sleeps

While we were all fixed on the the banking bailout shenanigans, the Senate passed another bailout when they approved $25 billion in taxpayer funded loans for US Automakers yesterday. Oh and the Democrats completed their total capitulation on offshore drilling at the same time…

Automakers gained $25 billion in taxpayer-subsidized loans and oil companies won elimination of a long-standing ban on drilling off the Atlantic and Pacific coasts as the Senate passed a sprawling spending bill Saturday.

The 78-12 vote sent the $634 billion measure to President Bush, who was expected to sign it even though it spends more money and contains more pet projects than he would have liked.

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How Many Holes Will We Have To Dig?

Quick question for the “drill here, drill now” crowd. Oil has jumped $40 a barrel in a week so how many more wells will we need to drill to offset traders fleeing the stock market in favor of oil futures? I can probably make some room in my backyard if that helps.

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Thune Not Making Friends And Influencing People

It seems that John Thune isn’t the most popular guy these days in the right-wing blogosphere. He along with the other 19 Senators from the so-called gang of 20 (that includes our other Senator, Tim Johnson as well) have drawn the ire of the “drill holes everywhere” crowd because of the restrictions their compromise bill would place on offshore drilling.

Luckily for the blindly faithful, the gang of 20’s compromise has been shelved until after the election causing a short reprieve and sigh of relief.

Breathe a small sigh of relief. A capitulationist bullet has been dodged. Looks like the Gang of 20 sham energy bill won’t come up for a vote before the November elections.

And poor GOP golden boy John Thune is caught in the middle, or should I say far left.

Lawmakers have run into roadblocks as the election-year dynamics have shifted. For instance, in a dramatic reversal, the House passed a Democratic energy bill this week that allowed coastal states to drill more than 50 miles off their shores. Plus Democrats are signaling that they will not try to renew the offshore drilling ban after it expires on Oct. 1.

As a result, the group was negotiating how far to take the drilling provisions.

Sen. John Thune (R-S.D.), one of the negotiators, said the bipartisan group wasn’t looking to end up “on the left of Nancy Pelosi,” referring to the House Speaker.

But not to worry John, your image will surely be repaired soon enough once the Democrats completely capitulate and allow the big-oil Republican’s to drill everywhere and who knows maybe you have learned something. Like not worrying about bi-partisan compromises as all that does is piss off your base and postpone the inevitable cave by the spineless Democrats whom as usual give in to the wishes of the right eventually anyways.

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Spoils Of War

The “war on terror” wink, wink, has finally started showing the type of dividends our fearless leaders were looking for when they first ordered our troops into Iraq. Shell has become the first Western oil company to get their hands on Iraqi gas since the war started.

Anglo-Dutch energy giant Royal Dutch Shell has agreed to a gas joint venture with Iraq worth up to four billion dollars, the Iraqi oil ministry said Tuesday, becoming the first Western oil major to gain access to the violence-wracked country’s vast energy reserves.

The deal to capture unwanted gas burned off during oil production for sale both inside Iraq and abroad is expected to be signed in Baghdad next month, ministry spokesman Assem Jihad told AFP.

And who said were not making any progress?

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Tim Johnson Makes 16

6 more Senators crossed the imaginary “drill now” line making the bi-partisan “Gang of 10” the “Gang of 16” and South Dakota is well represented. As we all know John Thune was a founding member and he is now joined by our other Senator Tim Johnson making it a clean sweep.

The group supports a bill that would lift a ban on oil and natural gas drilling in the eastern Gulf of Mexico and off the southeastern U.S. coast, invest $20 billion in the development of petroleum-free motor vehicles and extend tax credits for renewable energy.

Can you tell it’s an election year with all this bipartisan co-operation? We just might get more offshore drilling leading to more oil on the world markets and little if any changes in prices afterall.

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