Guest Post: Gulf Oil Spill Threatens Halt To White House Offshore Drilling Plans

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Tue, 05/04/2010 - 18:06 | 331626 Rainman
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Why am I hearing a lot of spec on sabotage being the cause ??

If true, the greens or the crap and tax crowd used a little too much dynamite.

Tue, 05/04/2010 - 18:19 | 331644 chet
chet's picture

"Why am I hearing a lot of spec on sabotage being the cause ??"

Because Limbaugh is a couple bottles short of a six-pack.

Tue, 05/04/2010 - 20:32 | 331804 Adam Neira
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In Australia we would say he is a few kangaroos short in the top paddock, but who's quibbling.

Tue, 05/04/2010 - 23:15 | 331956 Mad Max
Mad Max's picture

You might say his elevator only goes to the second floor.

Tue, 05/04/2010 - 23:52 | 331987 dark pools of soros
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is that where the pharmacy is located?

Tue, 05/04/2010 - 19:28 | 331742 TBT or not TBT
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The administration must have thought the same thing, at least at a precautionary level.  Otherwise, what were the SWAT teams the president sent to other rigs in the gulf meant to do there?   Note that the administration as also a few beers short of a six pack too.

Tue, 05/04/2010 - 20:03 | 331784 Mitchman
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I sleep SO much better at night knowing that if it was sabotage, Big Sis Napolitano is on the case!

Tue, 05/04/2010 - 23:15 | 331959 Mad Max
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From what I've read elsewhere, those "SWAT" teams were in fact oil rig inspectors inspecting safety-related issues on oil rigs, in response.  That is to say, they were not military commandos looking for terrorists.

Tue, 05/04/2010 - 18:13 | 331633 Tart
Tart's picture

I live on the south east gulf coast; we got our last shrimp Tuesday. This massive disaster threatens to turn the Gulf into the Dead Sea. We here in Louisiana got shit on for Katrina; they said we shouldn't even rebuild the city of New Orleans. It's about time this shit hits the rest of the country. It's about time for this to spread to the other states and up the east coast. Let these other bastards feel the pain; those that think the economy is doing great. Looks like my brother may finally find a job cleaning up the mess here which will probably last 20 plus years as the tar balls that for the time being are hidden from the surface roll up on the beaches and kill the coral and marine life. This whole bull shit rally from March '09 has been nothing but a dead cat bounce correction in a down trend and formed the last shoulder on a head and shoulders top. Meltdown USA mofo's!

Tue, 05/04/2010 - 18:22 | 331649 chet
chet's picture

Hang in there.  I agree that this will have terrible consequences for some time to come.  You guys have gotten much more than your fair share of pain lately.

Tue, 05/04/2010 - 21:53 | 331884 hedgeless_horseman
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Hang in there?  Are you nuts?  The trend is your friend; more to come.  They don't call it Loseriana for nothing.


Wed, 05/05/2010 - 00:07 | 331998 RichardENixon
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You might not be laughing if this thing starts spewing 40,000 to 60,000 barrels of oil into the gulf every day with no chance of a cap, which a lot of oil people are saying is a distinct possibility. That's curtains for everybody.

Wed, 05/05/2010 - 05:36 | 332123 Sudden Debt
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they should better start preparing for the "NON-chrimp coctails"... the horor...

Tue, 05/04/2010 - 18:47 | 331686 leftcoastfool
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"Looks like my brother may finally find a job cleaning up the mess here which will probably last 20 plus years as the tar balls that for the time being are hidden from the surface roll up on the beaches and kill the coral and marine life. "


OMG!  Don't give Harry Wanger any more reasons to be bullish!  I can hear him now... new jobs created cleaning up monumental mess in the Gulf...  BUY!  BUY!

Tue, 05/04/2010 - 18:47 | 331687 Gordon_Gekko
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Meltdown USA mofo's!


Tue, 05/04/2010 - 21:50 | 331882 Real Wealth
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by Gordon_Gekko


Meltdown USA mofo's!



        Grow up Gekko.   Have you really thought about your chances of survival to ever spend your gold in the whole screw the USA, gold to infinity scenario? 



Tue, 05/04/2010 - 22:23 | 331914 Mr Lennon Hendrix
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I am hoping that he builds a pool with a water slide and has parties on the weekends.

Wed, 05/05/2010 - 09:13 | 332305 Hephasteus
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Have em send me his scope dialing targets and I'll issue a survival default swap on him if he's under 1 minute of accuracy.

Tue, 05/04/2010 - 18:14 | 331635 Psquared
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Yeah, I think this will be Obama's Katrina - though despite its murky, gunky mass I doubt it will stick like Katrina did to Bush. Obama could have done quite a few things -- not the least of which was mobilize the Navy. They could have surrounded the oil slick and ordered it to surrender. But seriously folks, what could have been done other than just more "talk?" At best he might have managed the PR better by at least appearing to throw a TARP over it.

Tue, 05/04/2010 - 18:24 | 331654 theworldisnotenough
theworldisnotenough's picture

Yes the navy coul have been mobilized and surrounded the oil slick and not ordered it to surrender, but could have burned it off. The military and National Guard could hvae been mobilized to use chicken feathers to mop up the oil. If this had been done on day two or even day five the mass pollution could have been avoided.

Tue, 05/04/2010 - 18:34 | 331669 Sudden Debt
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Just got KFC on the phone! As we speak, they are contacting Captain Iglo to figure out a plan!

Tue, 05/04/2010 - 18:55 | 331702 Psquared
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I suppose, but as I understand it the well is leaking over 200,000 barrels a day one mile down. Not much you can do as that oil surfaces miles away in all directions. Burning would have created a huge black oily plume which would have done damage itself and only burned the oil on the surface.

This is a huge mess and the timing just could not be worse. Remember, the GD was exacerbated by dust storms and droughts that made farming impossible and forced 10s of thousands to move to California to seek work. The black cloud of dust even got as far east ast New York and Washington, DC. Black swan events are things that can throw a precarious economy into a tailspin.

But I mainly feel for the people whose livelihood depends on fishing, shrimping and the resort business. I just pray this does not rise to "epic" proportions - but it may already have.

Tue, 05/04/2010 - 19:08 | 331715 divide_by_zero
divide_by_zero's picture

Read that in surface area the spill is already the size of Delaware. But burning can remove 75% or more of the crude, (yeah air pollution but better than the alternative) however the rate the crude is coming out at would require many booms to keep up with. This black swan will be covered in crude, with the potential to poison most of the world's oceans if it gets in the gulf stream. Much like the financial meltdown, epic failure in both private and public sectors from a system in deep capture.

Wed, 05/05/2010 - 05:56 | 332141 AnAnonymous
AnAnonymous's picture

I wonder if air pollution would be the only consequence.

Quite easy to check: take your own flamer or borrow one from one of the many gun ho site regulars and burn it up. You might die in the process but empirical science will grow victorious.

Wed, 05/05/2010 - 10:46 | 332555 Alienated Serf
Alienated Serf's picture

umm, did anyone notice there were awful rainstorms in the gulf for the past couple days.  makes it a little harder to burn the oil and has disperesed it even more.

Tue, 05/04/2010 - 23:56 | 331992 dark pools of soros
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Wed, 05/05/2010 - 02:57 | 332080 Sudden Debt
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Loved that movie :)

Tue, 05/04/2010 - 18:28 | 331657 jkruffin
jkruffin's picture

This is what you get when you vote for change, yet the man you vote for is in bed with the bankers taking miilions in campagin money, and you find out there never was going to be any change to begin with.  Americans never do their homework when it comes to voting.  Maybe we need to change the system after all.

Tue, 05/04/2010 - 18:45 | 331681 Debtless
Debtless's picture

Unfortunately the other guy in the race was an asshole too.


Tue, 05/04/2010 - 18:54 | 331699 Dirtt
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Unfortunate to the Nth degree.  McCain was up to his eyeballs in the Liar Loan racket.

Tue, 05/04/2010 - 19:00 | 331708 Psquared
Psquared's picture

As are they all. Dodd, McConnell, Shelby, Frank, Pelosi ... all of them. I can't name one that didn't take big money from banks and continue to do so. Remember when TARP was up for a vote. There were first hand reports of bank lobbyists hanging out in the bathrooms in the Senate and Congressional Office buildings.

Tue, 05/04/2010 - 19:00 | 331711 Rainman
Rainman's picture

So when was the last time we weren't voting for one asshole or the other ?

Tue, 05/04/2010 - 19:59 | 331777 Mr Lennon Hendrix
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This is why I only vote for city and county measures/positions.

Wed, 05/05/2010 - 05:39 | 332124 Sudden Debt
Sudden Debt's picture

America got the change they wanted right?

Instead of going forward, it's now "changed" into going backward.

Tue, 05/04/2010 - 18:30 | 331663 dabullify
dabullify's picture


Just passin' this along...

Tue, 05/04/2010 - 18:41 | 331676 Rainman
Rainman's picture

North Korea ?? Now that would not surprise me at all. Tin Foil hat on.

Tue, 05/04/2010 - 18:33 | 331664 sangell
sangell's picture

I know its an emotional issue but the facts are most big spills are from tankers. If this had been a big tanker bringing Venezuelan crude up to Gulf refineries it would have been worse. Over a million barrels all at once into the Gulf. So its not as if we end offshore drilling we end risk.

The arithmetic is simple. We have to import over 2/3's of our oil. Its coming in by sea. Stopping offshore production will not change that just deprive the economy of the value of oil produced in our waters.

Tue, 05/04/2010 - 20:00 | 331778 Mitchman
Mitchman's picture

It really makes you proud that we spend $20-$30 billion a year on the Department of Energy which was going to make us energy independent for ever and ever and ever.

Tue, 05/04/2010 - 21:20 | 331849 Hulk
Hulk's picture

Folks had better start asking just what the hell has the DOE been doing for 30+ years.

Talking about moneypits....

Tue, 05/04/2010 - 23:15 | 331958 John Self
John Self's picture

Gingrich said that he was going to shut it down.  Dept of Education too.  Shame that the class of '94 went so quickly from slightly revolutionary to revoltingly establishment.

Tue, 05/04/2010 - 18:33 | 331667 kohoutek
kohoutek's picture

What now? Back to the Dick Cheney school of militarised energy policy, i.e. I-RAN?

Tue, 05/04/2010 - 18:36 | 331672 Sudden Debt
Sudden Debt's picture

SSssstttt... don't spoil the surprise!

They don't know it yet, and otherwise they'll hide their weapons of mass destruction.

Tue, 05/04/2010 - 18:51 | 331690 kohoutek
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If you want to see something quite scary, check this out:

Just a non-partisan charity that campaigns against nuclear proliferation in Iran....except it's made up of former members of the Bush administration, the CIA and Council on Foreign Relations.

Tue, 05/04/2010 - 23:49 | 331986 Mr Lennon Hendrix
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Weaving spiders come not here!

Tue, 05/04/2010 - 18:41 | 331674 carbonmutant
carbonmutant's picture

Offshore Drilling Plans are a dead issue. Arnold has backed away from it in California and Obama is looking for someway to blame the Republicans for encouraging him lifting a the ban on it.


Tue, 05/04/2010 - 18:50 | 331695 docj
docj's picture

Yep - that Barry, a real Profile in Courage, he.

Tue, 05/04/2010 - 18:42 | 331677 Mr Lennon Hendrix
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Obama doesn't mind, he is a masochist.

Tue, 05/04/2010 - 19:32 | 331745 Cheeky Bastard
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Obama doesn't care, he is a sociopath.


There; I fixed it. 

Tue, 05/04/2010 - 22:10 | 331887 hedgeless_horseman
hedgeless_horseman's picture

No, but try this:

Obama doesn't care, he is a black man raised by a single mother, so nothing is his fault. 

If only the Hawaiian Head Start program would have had more funding, or the U.S. would have given more foreign aid and subsidies to African goat herders like his father, then maybe, just maybe poor little Barry would have developed an ounce of accountability.

What?  I can dream.

Tue, 05/04/2010 - 23:18 | 331962 Mad Max
Mad Max's picture

I could go with either Chumba's or Hedgeless's reinterpretation...

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