brent
fully equipped rock polisher
Member since November 2008
Posts: 1,316
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Post by brent on May 4, 2010 9:26:45 GMT -5
On the news, it has been reported that BP has approached the Canadian government to relax the rules governing offshore drilling. They(and every other country) want to drill in the high Canadian arctic. BP wants the change due to the short drilling season. Isn't the timing of this is mind boggling?
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Post by parfive on May 4, 2010 13:29:14 GMT -5
Current federal rules in Canada require energy companies to complete a “relief well,” a drilling technique that helps to stop oil leaks, in the same season as an original well is drilled. Many Arctic nations, including the United States, Norway and Greenland, have created such requirements as a means of ensuring that oil blowouts can be controlled before winter ice halts an emergency response.
Starting last fall, a group of companies operating in Canada began an effort to persuade the National Energy Board that technology has advanced so far that relief wells are no longer needed in the Arctic. New deep offshore wells in the Beaufort Sea will take two or three years to drill, making it impossible to drill a relief well in the same season, they say.
In 1990, a similar bid to change the rules failed, in part because it followed the Exxon Valdez spill. Now observers think the Gulf of Mexico accident could do much the same.
“Anybody who was wavering a bit, thinking – ‘Oh, maybe we can let them go ahead with it’ – is going to be really worried now,” said Doug Matthews, a northern energy consultant.
The situation has become especially delicate since BP Canada Exploration Operating Company Ltd. and Transocean Ocean Offshore Deepwater Drilling Inc. are among the companies pushing for the Arctic rule change. The Macondo well that is leaking oil into the Gulf of Mexico is owned by BP, while Transocean ran the Deepwater Horizon rig that exploded and sank while drilling it.
The company presented the regulator with a study that estimated the chance of an uncontrolled oil leak at one out of every 100,000 wells drilled, using today’s technology.www.theglobeandmail.com/report-on-business/harper-slams-bp-says-canada-has-tougher-rules/article1555953/www.theglobeandmail.com/news/politics/ndp-calls-for-greater-safeguards-against-oil-spills/article1554341/www.theglobeandmail.com/report-on-business/gulf-oil-spill-could-have-impact-on-arctic-regulations/article1547474/?cmpid=rss1
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brent
fully equipped rock polisher
Member since November 2008
Posts: 1,316
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Post by brent on May 4, 2010 14:17:59 GMT -5
So I guess their logic is that since they had the preasent disaster, they are good for another 100,000 wells.
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WyckedWyre
fully equipped rock polisher
Member since April 2007
Posts: 1,391
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Post by WyckedWyre on May 4, 2010 15:03:29 GMT -5
Guess what follows every disaster?
PRICE HIKE!
::)S
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Post by drocknut on May 5, 2010 0:36:47 GMT -5
On the news the other day they interviewed the CEO of BP (I think he was the CEO) but anyway, he said it wasn't their fault. He blamed it on the company that owns the rig. He did say BP would pick up the cost for clean up. Gee, ain't they generous. abcnews.go.com/GMA/video/bp-ceo-gulf-oil-spill-10537587
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Post by parfive on May 5, 2010 1:45:59 GMT -5
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free4rms
freely admits to licking rocks
My little pet walrus
Member since January 2007
Posts: 839
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Post by free4rms on May 5, 2010 6:45:04 GMT -5
<<He (the BP CEO) did say BP would pick up the cost for clean up.
Oh yeah, the cost of the cleanup maybe, but here is a quote from one of the major news outlets that sheds a new light on just how much they will pay:
"the law only requires the company responsible to cover all costs related to cleaning up an oil spill, but places a $75-million cap economic damages such as lost business revenues, damages to natural resources or lost local tax revenues."
So do you think $75 million willl cover it.... I seriously doubt it. Explain this to the people who will lose their incomes for who knows how long.
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chassroc
Cave Dweller
Rocks are abundant when you have rocktumblinghobby pals
Member since January 2005
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Post by chassroc on May 5, 2010 8:13:04 GMT -5
I imagine we are talking about billions, not millions, BP will taken to court and made to pay beyond the legal limit.
I think all the people who have been bad mouthing lawyers and trying to limit liability payments for malpractice, negligence, etc. will start to see the danger of trusting Corporations over people and of trusting Coprporations which exist only to make money and to propagate and grow to do the right thing.
Charlie
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