Saturday, June 05, 2010

Oil Politics

What is scaring me right now is our ability, with oil, to destroy our entire ecosystem. We have been ignorant of the possible true cost of the cheap oil that we have argued over any increase in taxes, any controls on how it's gotten, while we may be destroying not just birds but ourselves. Ironic, isn't it?

How many things like there are out there that we have ignored? For the people who think there is a big daddy in the sky who can fix it all, maybe they don't care. They might think about though whether we have been creating our own Armageddon without needing any god to do it!

9 comments:

Ingineer66 said...

Brazil is spending hundreds of millions on off shore oil exploration. That is probably where many of those ships in the Gulf will go due to Obama's off shore exploration moratorium that he was advised not to do. Mr. Obama seems to be trying to increase gas prices and our dependency on foreign oil so that his pie in the sky alternative energy projects will look more promising and he can funnel more of our tax dollars to his cronies.

Rain said...

Some countries won't care about the world ecology. That's a fact. The moratorium though is on hold given a judge down there said no to it. He has stock in the oil companies. Money rules!

My opinion is we should have a carbon tax that is totally devoted to doing research for new ways to get energy. We will always need oil but maybe not so much.

You know the oil that is gushing into the Gulf and maybe to the Atlantic and then the Pacific, at the rate it's going, could destroy the oceans. Do you have any idea what that would mean? Getting gasoline would be the least of our problems!

Ingineer66 said...

I would love to see some magical new energy source that would dramatically reduce our dependence on oil. But realistically that is at least 50 to 100 years in the future. So we should be doing responsible exploration instead of depending on non-friendly foreign countries to do it for us.

The judge does not own stock in any of the litigants. He does own about $1000 worth of stock in an oil exploration company that is not involved in the suit. So it is not a legal or ethical violation. And Obama's Interior Secretary said yesterday that they do not care what the court said they will issue a new moratorium to take the place of the blocked one. It looks like the White House is the one ignoring logic and playing politics on this issue.
And the oil in the gulf, while being a terrible tragedy and worst oil spill in US history is not even in the top 10 world wide. So the possibility of it causing a world wide mass extinction is not likely.

Rain said...

Some things will always require oil but you are wrong about how close the alternatives are to being very real and taking over what they can of the energy load. The issue is though if the oil spills do spread and do damage beyond the Gulf, which you do not know, then it will be too late to worry about it when it happens.

You might think that Hopi prophecies are just bunk but they talk of a time of black seas. We might be the ones to provide that. And if our oceans die, we will too. Humans don't have that much latitude for the window where we can survive. The oceans provide our climate. I don't think it's worth testing it when there are alternatives.

In the case of this BP well if there had been standards in place, it would not have happened. They went against recommended guidelines because they thought it would be cheaper which reminds me of the automobile where the manufacturer basically said it's cheaper to pay a few lawsuits than retool to fix it. Dead people mean nothing when money is at stake.

Rain said...

and where did you get your information on what the judge owned? Here's what I found-- Judge's stock in energy companies

Ingineer66 said...

I agree that BP really screwed the pooch on this one and they are paying billions of dollars because of it. They did not listen to the Haliburton guys that are the experts on this kind of stuff.
I got my stock information from a judge that is a friend of Feldman's that was talking on the radio yesterday while I was driving to a project. I still do not think it really matters in his decision. The ban will just mean those ships go to other countries to drill so it will not affect the stock price much other than the lost time to get to the new drilling locations.

Rain said...

The judge lost any credibility of judging its legality when he said it was about lost jobs. It's legal or it's not legal and the price behind it is not a factor or wouldn't be if corporations didn't dictate legality in this country.

Ingineer66 said...

The common folk want cheap gas and they want the corporations to be punished. You cannot really have it both ways so the government puts on a show that makes it look like they are punishing the corporations, but they are really giving them a pass to try and keep prices low.
Kind of like the so called financial reform bill that was passed at 5:30 this morning. All of the big banks stocks were up today so it will not punish them, but banking will get more expensive for all of us from the household checking account to the small business bank account. And we got another new Federal Agency that will be doing something, we don't know what yet because not even the Congressmen that sponsored the bill know what it says. And the clincher was Barnie Frank saying today that this bill will keep the banks from loaning money to people that can't pay it back because that was part of the problem that banks were loaning money to low income people to buy houses and he was against that and told them not to do that. When in fact he was forcing the banks to loan money to low income and minority people that could not pay it back. The guy is amazing that he will say outright lies about what he does and the voters keep sending him back to DC.

Rain said...

From what I am hearing the financial 'reform' was a farce and won't do anything helpful about what went wrong while they break their arms patting themselves on the back. I trust none of them but the right less than the left! The right does do what is right-- for the rich and unless you are in that category, they screw everyone else.