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Old 07-02-2010, 02:37 AM   #1
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Default Cuban's Drill Baby Drill

I wonder how many of those idled rigs in the Gulf find their way a short distance over to Cuban waters?

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  • U.S. NEWS
  • JULY 2, 2010
Florida Sees New Threat to Its Beaches

Deepwater Drilling Project in Cuban Waters Set to Launch Next Year Could Kick Off a Spate of Exploration in the Region

http://online.wsj.com/article/SB1000...005377338.html
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Old 07-02-2010, 05:12 AM   #2
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Exactly. The Deepwater Horizon rig charged BP some $500,000/day for drilling. I wonder how long a drilling company wants to let their rigs sit idle due to the drilling ban? If I were in charge, I would not wait around, I would immediately look to deploy my rig elsewhere. Of course, this doesn't mean that every rig is immediately going to be moved. It is sort of like musical chairs -- there probably aren't enough chairs for everyone. So, those rigs that find contracts move, the others sit. When yet additional contracts arrive, some of the remaining idled rigs move. When the drilling ban is lifted, then the rigs will trickle back in, but I suppose it is likely this would be gradual and not immediate. Maybe there would be a long term disposition of the drilling rig operators to avoid drilling where the US government may instantly and without prior notice leave them idle and playing musical chairs again?

This drilling ban does not smell prudent to me. Recall how long it took Obama to make up his mind about what to do in Afghanistan? How long will it take him to figure out what to do offshore? In point of fact, there is no reason to think that the offshore drilling is in itself unsafe. BP pretty clearly was a bad actor, did not apply customary practices, defied the best advice of their subcontractors. It also appears that this imprudent non-customary plan was reviewed and known by MMS which gave a rubber stamp to the plan, probably against counter advisement of the subcontractors.

We shall see. Perhaps I'm wrong. But I'm not sure Obama considered the law of unintended consequences.

Last edited by Alsatian; 07-02-2010 at 05:15 AM.
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Old 07-02-2010, 05:39 AM   #3
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I don't think that rigs leaving is an "unintended consequence." The traitor-in-chief fully intends to damage the U.S. oil industry, fully intends to do everything he can to raise the price of gasoline to $5.00 per gallon, fully intends to punish the Gulf States for having the audacity to vote against him. This Alinsky-ite, Post American World Socialist piece of slime is deconstructing the United States of America one step at a time and attempting to rebuild it in a way that neither the Founding Fathers, nor any of our ancestors would recognize. Scum. In the White House, and everyone who votes for him next time around.
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Old 07-02-2010, 06:32 AM   #4
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Quote:
Originally Posted by ipscshooter View Post
I don't think that rigs leaving is an "unintended consequence." The traitor-in-chief fully intends to damage the U.S. oil industry, fully intends to do everything he can to raise the price of gasoline to $5.00 per gallon, fully intends to punish the Gulf States for having the audacity to vote against him. This Alinsky-ite, Post American World Socialist piece of slime is deconstructing the United States of America one step at a time and attempting to rebuild it in a way that neither the Founding Fathers, nor any of our ancestors would recognize. Scum. In the White House, and everyone who votes for him next time around.
Amen ! I wonder if, after taking an oath to preserve the constitution, if criminal proceedings are in order ? This crap has GOT to be illegal....
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Old 07-02-2010, 11:22 AM   #5
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Last I heard Spain's Oil Companies had backed off from Drilling in Cuban Waters.
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Old 07-02-2010, 12:01 PM   #6
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There must be some mighty 'hinky' requirements for them to back off....still, I would wonder why nobody applied there if president polecat halted it here. What a corrupt, duplicitous P.O.S.
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