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Oil Crisis

This category contains 27 posts

Is Obama a smart man who makes dumb decisions or a…

…very smart man who only looks as though he is making dumb decisions? That will be the big question as events unfold in the United States over the next twelve months. Other than the Health Care disaster, the immigration fuckup and the series of stimuli that went nowhere, the President’s most blatant fou-des-pas has been … Continue reading »

America’s oil juggler vein may be exposed, but wait! Here comes our rescuers!

As events continue to unfold in Egypt, one thing is certain. Oil prices are bound to go up no matter what the outcome. That’s because oil futures have historically been driven higher anytime there is uncertainty in the Middle East. A situation, that ill regardless of the outcome for this episode in Egypt’s history, looks … Continue reading »

That was one fast end to the oil spill!

Just weeks after the oil spill was stopped, so too did coverage by the major media outlets. I’ve observed just a few from time to time now. The latest was on Fox News when they briefly discussed efforts being readied to remove the BOP so it can be inspected. Little or no coverage, however, concerning … Continue reading »

China and her aircraft killer missile program.

Now why would a country of 1.3 billion people, the vast majority of which live at a subsistence level, want to develop a missile that could take down a US aircraft carrier from 900 miles away? Hmm? A move that, if true, will change the current defense posture of the US. A country that, like … Continue reading »

What part of the words ‘slow down’ does this government not get?

How about STOP and THINK everyone! After what has been described as the worst oil spill in American history, the static kill technique has apparently worked. The cement is drying and has effectively stopped the uncontrolled flow of oil and gas. That’s wonderful. But now, the relief well (not sure whatever happened to the second … Continue reading »

Random thoughts IV

What a wild market ride! The stock market has just got to be the best adrenaline rush in town right now. The way in which it will zoom up three hundred points one week only to take a nose dive the next must have investors feeling a little bit giddy. Personally, I don’t think I … Continue reading »

Nice oil skimmer. What say we let it sit in port?

This from CNN Wire Staff: A ship described as the world’s largest oil skimming vessel has arrived in the Gulf of Mexico, but was awaiting approval to begin work in cleaning up the oil disaster, according to a spokesman for the Taiwanese company that owns it. The A Whale arrived in the Gulf on Wednesday, … Continue reading »

Tropical storm Alex enters the Gulf region

Like some novel you just can’t put down, the story unfolding in the Gulf contains more twists and turns than anything Sir Arthur Conan Doyle ever put out. Now, it seems the very elements themselves are threatening to make the spill an even greater disaster as Tropical Storm Alex comes wobbling into the area like … Continue reading »

Leo Getz the oil moratorium!

OK, OK, OK, let’s pretend I’m Leo Getz from one of those great movies made with Mel Gibson. You need something, Leo Getz’s it. Got it? As a character, he may not be the brightest man around but he does understand who the bad guys are. At least in the movies, he does. I have … Continue reading »

Relief well. What relief well?

One oddity concerning media coverage of the oil spill in the Gulf has been the almost total lack of airtime concerning the two relief well platforms. I cannot seem to remember one story or video of anyone who has actually been to these platforms and interviewed the personnel working there as to how the thing … Continue reading »

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