Six-month BAN on offshore drilling could cost an estimated 46,000 jobs

[MichelleHeart]

Article here (http://www.washingtonexaminer.com/politics/Obama-under-pressure-on-oil-drilling-ban-95978844.html). An excerpt:


Warning of job losses and economic peril, critics of President Obama's six month moratorium on offshore oil drilling are intensifying pressure on him to rescind it.

The administration is at work on new regulations for offshore drilling, following Obama's decision to halt oil exploration off Alaska and cancel 33 deepwater projects in the Gulf of Mexico.

But as the Deepwater Horizon leak continued for its 51st day in the Gulf, many were urging him to rethink the ban.

"I am concerned that the decision to impose the moratorium is based more on emotion than fact," Republican Rep. John Culberson of Texas wrote in a letter to the president.

"This shortsighted moratorium is harmful to America and our fragile economy, and it will mire domestic energy production in a confusing and ineffective bureaucracy," Culberson said.

While the ban was applauded by many environmental groups, the industry estimates the decision could cost at least 46,000 jobs – mostly around the hard-hit Gulf Coast region.

[HOLLYWOOD]

High Paying, heavily taxed jobs... not that 34,000 service jobs that were part time jobs at food courts in malls and fast food last month!

These guys on the rigs make good coin.... until now.

What about all the wells out there? Going to shut them down? When does it stop? Or typical Democrats throwing shit at the wall to see what sticks.

"USA... the Planets Most Wealthy Banana Republic... for a little longer!"

[torchbearer]

High Paying, heavily taxed jobs... not that 34,000 service jobs that were part time jobs at food courts in malls and fast food last month!

These guys on the rigs make good coin.... until now.

What about all the wells out there? Going to shut them down? When does it stop? Or typical Democrats throwing shit at the wall to see what sticks.

"USA... the Planets Most Wealthy Banana Republic... for a little longer!"

the lowest paid person on one of those rigs makes $2000 a week, the highest paid guy makes $2000 a day on that rig.
40% of that money is taken in taxes.

[Razmear]

Maybe hire a few more folks to inspect the ones that are running so this doesn't happen again and keep them running? Another idea, maybe have an independent agency certify they are safe, like an Underwriters Labs, instead of a bunch of corrupt government officials?
Shutting them down is another potential failure point, while they are flowing things are fairly stable. At worst case give them 6 months to pass certification before shutting down a producing well.

eb

[MichelleHeart]

Another idea, maybe have an independent agency certify they are safe, like an Underwriters Labs, instead of a bunch of corrupt government officials?

This.

[Brian4Liberty]

Chalk this up as another cost of cutting corners resulting in a catastrophic failure.

[torchbearer]

Chalk this up as another cost of cutting corners resulting in a catastrophic failure.

what the crew itself was doing wasn't cutting corners. the light sea water was used, not because of cost, but because of the problems with the sediment they were drilling in.
the only fault was in the safety valve.

[Brian4Liberty]

what the crew itself was doing wasn't cutting corners. the light sea water was used, not because of cost, but because of the problems with the sediment they were drilling in.
the only fault was in the safety valve.

Interesting stuff. Any links that talk about it?

Still seems like an unsafe maneuver. And we know there was an argument about it.

[torchbearer]

Interesting stuff. Any links that talk about it?

Still seems like an unsafe maneuver. And we know there was an argument about it.

the information i have comes from Charlie Blood of Baker Hughes. He is a life long friend of my father.
the sediment they were drilling in was too light for the heavy mud they were trying to use. This problem was know, but it isn't the first time they've encountered such a problem. On other occasions the sea water and 5000ft of pressure was enough to keep the well stable.
No corners cut. They did the best they could with the situation as it was.
that is why sometimes- accidents just happen. the only thing that didn't work right was the safety valves.

[Toureg89]

all's they have to do is remove the caps on mandatory clean up costs for situations like another BP, and they dont have to worry about freezing oil drilling, cuz companies that mess up will be fully financially reliable for cleanup.

[Anti Federalist]

the information i have comes from Charlie Blood of Baker Hughes. He is a life long friend of my father.
the sediment they were drilling in was too light for the heavy mud they were trying to use. This problem was know, but it isn't the first time they've encountered such a problem. On other occasions the sea water and 5000ft of pressure was enough to keep the well stable.
No corners cut. They did the best they could with the situation as it was.
that is why sometimes- accidents just happen. the only thing that didn't work right was the safety valves.

The bad guy emerging in all of this is the BP company man.

The well was kicking on them earlier in the day, from everything I heard, and the company man pressed ahead with the displacement anyway.

The OIM, the Master if the ship (yes, this was a "vessel", technically underway and with a full marine crew) or the toolpusher should have exercised their stop work authority.

[torchbearer]

The bad guy emerging in all of this is the BP company man.

The well was kicking on them earlier in the day, from everything I heard, and the company man pressed ahead with the displacement anyway.

The OIM, the Master if the ship (yes, this was a "vessel", technically underway and with a full marine crew) or the toolpusher should have exercised their stop work authority.

it is easier to say that in hindsight.
what else could they do? they had to close the well at some point.