Showing posts with label Big Oil. Show all posts
Showing posts with label Big Oil. Show all posts

03 April 2013

Musings of a Short Travel To Florida's Mainland . . . United Corporations of America Wasteland


Written in a hotel room
Somewhere on the Port St. Lucie/Stuart, Florida line
Monday - April 1, 2013


I've just had a family reunion with all my siblings in Fort Pierce/Port Saint Lucie. Although I was wiped out by the long drive (5 hours from the Keys - after having gotten off my job at 4:00 AM), I took a 3 hour nap and we all met for a kitchen table discussion starting at 8:30 at night which went on at a leisurely pace and finished up 3 hours later.


Most of our talk centered on our aging mother, the Macro-Economy, and what the four of us are doing in our lives for work, etc.


I was very interested in the differences between the Port St. Lucie/Fort Pierce area vs. the Florida Keys. One of the “draws” (if you will) of this area is the adequate supply of  inventory of homes for sale, all at what seems like rock bottom prices to us Keys’ residents: I saw homes, vacant and occupied, for sale up here for 1/5th to 1/10th of what they would listed for in Key West proper.


Despite this huge advantage in home prices, there are many compromising factors which would give most Keys’ residents pause in selling their homes or quitting their jobs and moving up here: chief of the quality of life issues would be the big tradeoff of massive Congestion/Traffic.


At 6:00 AM, I turned on the hotel room TV and flipped through the channels.  All three major networks hosted by hometown "happy news teams" pretty much reported the same thing: the lead criminal stories from overnight, the one or two puff pieces about the local crafts fair or collector car auction, and every 10 minutes: traffic reports.


At the very moment the Morning Zoo teams were signing on radio and TV,  there were already traffic backups on major arteries feeding I-95 and the Florida Turnpike. Looking at the "skycams" from hovering copters, one can see miles of headlights snaking in one direction while in the opposite direction you see miles of ruby red tail lights, some moving at snail pace, some stopped dead in the off ramp/on ramp lanes. At 6 AM in Key West or the Keys, only the charter boat captains, shrimpers, waste removal teams and bar cleaners are up and about.


All morning, the three major networks continued to pump travelers' advisories: Between this road and that road, the travel time is 24 minutes. Between this avenue and that avenue, the travel time is 39 minutes.

You look out the hotel window and see traffic backed up at the traffic light heading into Stuart, Florida. Where are these people going so early in the morning, foot tapping brakes, gas, brakes, gas, while radio jocks using sound effects and forced laughter are background noise to assuage the stress and loneliness of a long distance commute?

I looked at this madness and wondered how anyone could be lulled into believing that "this is living".

You've got these roomy, inexpensive, houses in quite subdivisions, but there is no meeting place for neighbors to greet neighbors.  There is no corner store like you have in Key West run by some local you've known for years and where locals you’ve known for years sit and chat politics, sports or local news.

The morning routine up here for commuters seems to be this: you have to get into your car, drive through the maze of your housing development, and find the main road taking you down to, say, a nearby convenience store or all night drugstore 1 1/2 miles away on the corner as your one stop shop for salty snacks, beer, sodas and other processed foods by giant corporations which have packaged these short term palliatives in packaging which belie the empty nutrition inside. The closest open business to my brother’s home at this hour of 6 AM when he’s just hitting the road for his drive to work two counties away is a CVS drugstore. The clerks all know him by name. But his local CVS has no chairs, no benches, no place to sit - inside our out -  so one can slowly warm up and  prepare for the day or to wind down from a long night at work.  That plus CVS isn’t in the business of serving fresh coffee, bagels, croissants or pastries.

Places which allow socializing are not in abundance at this time of hour as they are in Key West. Here , you’d be forced to visit a nearby Dunkin’ Donuts which only has indoor plastic seating, all matched to the corporate logo’s colors. The homogenized feel of a Dunkin’s Donuts interior does not exude a warmth which attracts a knot of locals who want to sit and shoot the breeze for 30 minutes or more. The feel of the place is “eat and run”, and when I say “eat” it usually means, eating quickly in large bites so that you can hurry up and get on the road with that monster size cup of coffee which you will end up walking into your place of employment.

Or, maybe you feel the extended drive to a place which has faster service is what you desire: you can motor down a few more miles to the nearest McDondalds and eat your Happy Meal inside their newly remodeled store, or order your food through the bustling drive-through and eat while you drive - which is what most commuters do in Port St. Lucie/Fort Pierce at this time of day.

I asked my brothers about his neighbors. Here, you don't know your next door neighbors, you know of them.  You might say hi when the kid's soccer ball goes over the fence. You don't have neighborhood parties. The old people frown on children playing in the streets. And from what I see, not many kids live in these quiet sub-divisions. The lack of laughter is quite noticeable. Dogs must be leashed. The houses, all bunched up together with manicured lawns and cars in the drive, speak of Suburbia in a hush. The kids are entombed in their rooms with the latest video game or texting one another on their shiny smartphones. The only way the working parent might see them is on their way out the door, digging into a bowl of Frosted Flakes, Cap’n Crunch or Lucky Charms, or maybe on their arrival home when Dad don's the "World's Greatest Chef" apron to cook some processed meat tubes on the gas grill outside, or on a Sunday as he sinks into a couch and cheers on the Dolphins.

The suburbs up here - and their further out extensions of the exburbs - have no soul, no funk, no real feel like my beloved, but fast disappearing, Key West. I'm not talking about the Key West of North Roosevelt, Blvd with its two miles of strip malls. I'm talking the little shops and stores and bars and businesses established by locals who depend on us all to keep their - and our - uniqueness alive.

Up here on the South Florida mainland, usually a successful "local" owned store is basically a "franchise". 

You buy into the corporate dream of it has to be done "this way" and you’ll make a six figure income. The tradeoff of a franchise with attendant garish signage (usually backlit plastic which makes stargazing impossible for miles around) is this: the more stores open, the more removed the founder of a chain is from giving part of his connectivity to the community. The personal touch diminishes with every store opened under the brand. Like looking through an old time navigator's three sleeved telescope through the wide end lens and slowly moving the eyepiece away from your body, the owner’s imprinted image gets smaller and smaller the more stores he/she opens. The more stores opened, the "colder" the business becomes, the harder and more black/white the “systems” employed become. You as a franchisee might “own” one of these so called mainland “locally owned businesses”, but in the end, the franchisee has no say in how to operate his business with a more personal feel. When you buy into a franchise, you know who owns you and tells you what uniforms must be worn and at what temperature the coffee must be brewed, using the corporate bean, all poured into a styrofoam cup with the corporate logo on the outside.

The more removed from the “personal” touch one becomes by owning or relying on businesses which are franchised or owned outright by a megalithic entity such as CVS, Walmart, Dunkin’ Donuts, Walgreens, McDonald’s, etc., the more one feels like a number, like just another brick in the wall.

Up here, the United Corporations of America are on grand display. For miles, the eyes are visually assaulted and fatigued by endless logos of giant brand stores which have removed the "neighborly" feel of mom and pop operations. At yet, looking at the traffic patterns of mainland Florida, one realizes these giant corporate chains which have strode across our country and put the local mom and pops out of business will be the next “going out of business” victims during the coming crisis of a world with Peak Energy.

Peak energy means peak growth is coming. All of this growth at any means - predicated on cheap and easy to find energy sources (coal and oil) is coming to a slow, inexorable end. Perpetual growth cannot be. The planet is not going to hear it. Pollution is taking its toll. Mother Earth is telling us the raping and pillaging of her and her fauna and flora has upset the balance of the natural world and now karma is coming to kick us all in the ass with a size 14 steel toed Doc Martin boot.

The days of Cheap Oil are gone.  And so are the days of Happy Motoring.

Just look at the traffic up here: where are all the happy motorists one used to see in the 50s and 60s Esso ads, dad with pipe hanging out of his mouth, wearing a fedora? Mom in the front seat of the sedan, sporty hat on, a strand of pearls at the neckline, two well scrubbed faces of the kids bunched up a the backseat windows marveling at the countryside passing by? When the interestates were built, no one wore seatbelts. No one had a GPS monitor stuck to the front windshield. No one had TVs embedded in the dash or flip down sunshades or the backs of seats to sedate the kids who are now belted in with seatbelts and harness straps as though they are riding inside a cargo plane into a war zone. But then again, today, there's not much countryside to see in a one or two hour commute to work.
 
As a nation, we don't stop and think when filling up the tank that the stored sunlight energy represented by a gallon of gasoline is a very slow chemical reaction which took hundreds of millions of years for Mother Earth to prepare for humankinds' unbridled use as the basis, the very fuel, for the Modern Economy of the past 150 years.

We have squandered that precious fuel by building a gluttounous America with no soul. We have turned our backs on mass transit (during the last Century, GM and Big Oil would go into small towns and buy up the short transit systems, rip up the track or pave over them so as to sell more cars, more oil) and we have a country built on the idea that Cheap Oil is an inherent right, and that growth - and cheap energy - are perpetual. When we went to war in Iraq, our Vice President, Dick Cheney - once the head of Halliburton,Inc. which was also one of biggest recipients of the Military Industrical Complex contracts in that country - said, "The American way of life is non-negotiable." Talk about playing to the base wants of the American consumer!

President Eisenhower tried to warn us about what would become of the “American Way of Life” as he left office. In his farewell address he told raised the alarm about corporate policy dictating our foreign policy. He gave us the phrase "the Military Industrial Complex" in his farewell speech of 1961 in the Rose Garden. The irony is Eisenhower built the nation's infrastructure of super-highways. But it was only when it was time for Ike to walk off the Big Show stage that he understood - and admitted - he was part a machine which depends on a constant and cheap energy source. Ike knew future wars would be fought for oil and that these wars would enrich sociopathic men whose children would not fight in those wars.

If Ike were alive today, he'd be shocked at how small town America has been shellacked by Growth At Any Cost mega-corporations who buy in bulk and undersell the mom and pop businesses by selling junk (be it food or products) at the lowest costs. He'd be dismayed at how Main Street has been co-opted by Wall Street and Madison Avenue, how the corporatocracy depends on us all being "Good Little Consumers" who buy into the meme of the moment, "There's never been a better time to buy a home", "More Taste - Less Filling," "A diamond is forever," "Breakfast of Champions", "Good to the last drop," and so on and so forth."

It's no accident that when President Bush stood on a mound of 9/11 rubble and urged our country to unite at the task at hand, he told Americans the best thing they could do is to go shopping to show them terrorists you can not stop America.

I submit that most of America does not critically think, that its people - once citizens - are now sedated, mindless consumers.

When I looked out my hotel window this past Monday morning I saw a lifestyle which is foreign to me. What I saw is what Throeau meant when he said, “Most people live lives of quiet desperation.” I could not imagine anyone winning a lottery in Fort Pierce and wanting to live is such a Wasteland of subdivisions, endless franchises in stripmall fashion, and traffic which boggles the mind (and which is still not as bad as Miami/Dade traffic).

This Monday morning, I missed the Florida  Keys badly. When I saw the traffic at 6 AM (we were planning on leaving the hotel between 7 and 9AM) I shook the little woman awake and said, “We’re not going anywhere in this traffic. Stay in bed. Well sleep through this day. I’ll get you up between 8PM and 12 midnight, and then we’ll drive home.”

Which is what we did. And the traffic at 9PM leaving Fort Pierce/Port St. Lucy was about 1/50th of what it was during “peak hours”. And the traffic on the turnpike going South was so sparse, there were moments where we’d see no headlights in our rear view mirror. Lesson learned: always travel South Florida between 8 PM and 5 AM to escape the madness most dayshift South Floridians put up with every day of their working lives.

We were  only up there on the mainland for 30 hours, but being in the vortex of everybody going somewhere at the fastest pace in a mindless rat race sucked the life spirit out of me. It reminded me of the opening lines of one of my favorite Jackson Browne songs of all time, "Bright Baby Blues":

I'm sitting down by the highway
Down by that highway side
Everybody's going somewhere
Riding just as fast as they can ride
I guess they've got a lot to do
Before they can rest assured
Their lives are justified
Pray to God for me baby
He can let me slide

I’m an Atheist and don’t pray to any gods, but I concur with the lyrics Jackson Browne put down years ago.

I don’t intend on joining the rat race in my waning years, unless it is to commute from a family farm in the middle of nowhere to go work in a burb or city with no soul. I don’t want to come home to a place which has no “there” there.





14 June 2012

Begin Planning For A Post Growth World Due To Peak Oil

27 December 2010

Greed With No Bounds: How Argentina's Mafiocracy Sold Out Their Nation To Foreign Kleptocrats, Plutocrats And Oligarchs

Americans would do well to study how the lower and deconstructed middle class of Argentinian people took to the streets after decades of privatization and giveaways to a global corporatocracy. This once public or common wealth of Argentina, when privatized, was usually sold at low slanted bids to criminal insiders at Too Big To Fail Banks, Big Multi-Naitonal Oil Companies, and the like, while Argentinian "insiders" were paid off. These insiders, called Argentinian Mafiocracy in the film, bankrupted their country and destroyed the pensions and healthcare of their people who were the worker bees responsible for building up the wealth over the years.

In this film, you will learn how the richest 10% of Argentina quickly took control of 60% of that nation's wealth through the corrupt machinations of politicians from all parties, and by using corrupt union leaders, lobbyists, bankers, businessmen, the IMF, the World Bank, and other wealthy and soon to be wealthy criminals to do their bidding.

This 10/60 wealth disparity figure galvanized the students, workers and pensioners of Argentina into a Solidarity which took to the streets for years to protest against their corrupt government and Central Bank. Amazingly, here we are in America, at the cusp of 2011 A.D., with 10% of Americans owning 71% of our wealth . . . which is a bigger disparity than that which made Argentinians angry enough to take to the streets!

Instead of a movement of all American workers, retirees, the under-employed/unemployed and the 99ers we have Senators and Congress People trying to block medical care to 9/11 first responders or trying to cut off much needed aid to people who've been unemployed for longer than 99 weeks, while corporate lobbyists for Big Banks, Big Oil, Big Pharma and more are writing bills which Congress rubber stamps, and Wall Street banksters are raking in hundreds of billions of dollars in bonuses and bitching about it in the nation's media.

As you watch this enlightening film about Argentina, keep in mind the allegories your critical mind will find and overlay with what has been going down in America since the "Reagan Revolution".

In many ways, this film is disheartening as it shows un-regulated greed abetted by a compliant government will soon enough bring a country to its knees. But in another context, this film is uplifting because it shows what a angry majority of lower class and middle class people are capable of when they unite:

p.s. I had no sooner put this post up on my blog when I clicked on James Kunstler's latest from his "Clusterfuck Nation Blog" titled The Moment of Convulsion. Here are the first three (continued below Part 1 of the 12 Part Film)

Part 1



paragraphs from it which tie in nicely with the film you are about to watch:
A little ways off the curb on the Boulevard Henry IV here in Paris, you can see the memory of the Bastille outlined by a course of masonry in the pavement, in particular one of the bulbous towers of the old fortress-prison. It marks one of those threshold moments in history when things got out-of-hand - in the late afternoon of July 14, 1789 - and by the time a mob had detached the head of Warden Bernard-René de Launey from his shoulders and paraded it around on a pike, everyone in the city knew that they had crossed into the politically unknown frontier of Revolution.

Seeing this residue of history put me in mind of a riddle that one of my college professors presented to us one day years ago: why did Achilles drag Hector around the city of Troy three times? We came up with dozens of reasons ranging from conjectures out of the text of The Iliad to lame bits of Hippie numerology, but nobody could furnish the answer that the prof was looking for, which was eventually revealed: Because he [Achilles] was just that pissed off.

This was the idea that dogged me in the winter twilight of Paris late on Christmas Day as I pondered the fate of my own country back across the cold cold sea. A lot of Americans are beaten down and discouraged these days. They've lost not only jobs, incomes, and houses, but also a sense of purpose, and perhaps faith in the essential fairness of the American venture - as the propane runs out, and families try to subsist on Froot Loops, and the re-po squad turns up to haul away the Ford F-150 Raptor. Meanwhile, in their last remaining refuge from harsh reality, TV, they glimpse the likes of Jamie Dimon, Chloe Kardashian, and Jay-Z emerging from limousines looking hopelessly bored with wealth beyond imagination. When will the folks out theremove from shame and despondency to being really pissed off about the disposition of things?

Isn't that a question, though?

Part 2




Part 3




Part 4




Part 5




Part 6




Part 7




Part 8




Part 9





Part 10




Part 11




Part 12

13 July 2010

Business/Economic News for July 13, 2010

Homeowners vs. Home-Loan Buyers

Treat reckless corporate behavior like DUI

The New Economy: Death By Savings

Dynasty Trusts Game No Taxed Pass Downs For The Rich: America Builds An Aristocracy

The Disappearing Intellectual in the Age of Economic Darwinism

James Howard Kunstler: "Where Have We Been? Where Are We Going?"

Charles Hugh Smith - "Con Of The Decade, Part 2"

U.K. Stocks Extend Drop After U.S. Housing Data Trails Forecast



Copper falls to lowest price in a week as US Housing starts lowest in a year

San Diego developers of giant condo project have yet to sell one of their 679 units, so they are renting them out, adding to San Diego's huge "Shadow Inventory"

Bush's Treasury Secretary, Henry "Golden Slacks" Paulson, Pays $24.5 Million For Aspen Mansion

The rich do it too – Los Angeles County and million dollar distressed properties. 1,947 homes in L.A. County valued at $1 million or more are three payments behind or in foreclosure. Beverly Hills prices down 31 percent from one year ago. 14 out 100 homes on the MLS are priced at $1 million and up


Disappearing Middle Class: 60 year old Florida Keys couple lose jobs and Islamorada home

Moody's expects debt levels for housing to stay at high levels for another 12 to 18 months, says foreclosures will not slow down any time soon

Revolving Door Sweetheart Deal: Ex-Senator Mel Martinez (R-FL) Named New Head Of Chase Bank's Florida Market

Hugh Hefner Wants To Buy Back Playboy And Take It Private

FDIC sues former Executives at Indymac's homebuilding loan division


Municipal broadband haters in NC dealt a blow

Take Two: US Issues Revised Offshore Drilling Band

Florida Keys Wake Up Call: Cuba Allows Spanish Company To Drill For Oil In Area Only 60 Miles Off Key West's Doorstep

29 June 2010

Oil Covered Whale And Dolphins In The Gulf; Smoke From Set Fires Pollute The Air

Here's the latest video shot by Independent videographer John Wathen/Hurricane Creekkeeper:



14 June 2010

Say goodbye to less than $67 a barrel oil forever? Oil back above $74, Day Trader's Pick For This Week: Transocean (NYSE: RIG)


(click charts above to enlarge or click on RIG and $WTIC to see respective charts)


I've been following oil very closely since the Deepwater Horizon drilling platform sank out in the Gulf.

Back on April 15th, oil hit this year's high at $87.26. The Deepwater Horizon exploded on the night of April 20th. The next day, oil barely budged as the extent of the oil spill was not even known.

On May 3rd (first trading day of the month), oil tested the $87.26 resistance, by hitting an intraday high of $87.17.

Oil headed South on May 4th only to bottom with it's low in May on the 25th with a $67.15 low.

Since then, as the real extent of the Gulf Oil Gusher Disaster became better known, a few things have happened to cause oil to start a slow grinding upward rise in price:

1. The Federal government has announced a shake up of the MMS, meaning no more Bush/Cheney/Obama friends of Oil being planted in the governmental regulatory agency which was supposed to overlook deep sea drilling and mining in the USA.

2. The Feds placed a temporary moratorium on offshore drilling despite Governor Bobby Jindal begging the Feds to put back to work his Louisiana drill workers laid off by the moratorium.

3. BP has opened field offices in all the Gulf States to handle a raft of lawsuits brought on my failing tourism, fishing, etc.

4. Transocean and Halliburton employees interviewed by CNN and 60 Minutes have told versions of the explosion which all coincide on one point, i.e., a BP official made the choice to keep drilling despite many a worker's worries about unsafe and untried drilling practices. BP officials were under pressure to get the well drilled. Safety was not on the mind of the BP official who told Transocean and Halliburton officials that BP was demanding the drilling continue and screw safety procedures.

5. Several notable Oil experts are saying their are plumes of toxic dispersant/oil mixes which are hundreds of miles long out in the Gulf which are going to play hell with sea life. The extent of what these plumes might/will do to sea life and Gulf Coast economies is unknown at this time.

6. More than one pundit has said BP should withold paying dividends to its investors.

7. More than one pundit has suggested BP will be required to go bankrupt.

8. More than one pundit has said the Federal Government should place BP in receiver ship.

9. The bad news about the disaster and BP has affected, negatively, all oil sector stocks, but especially BP, Transocean and Anadarko (company which owns a minority share of the spewing Deepwater Horizon well).

With all of the above, oil found a new bottom in price (since the Deepwater Horizon exploded) on May 25th at $67.15


My Thoughts:

As more people realize tougher governmental regulations are coming to oil rigs, more people will realize the cost of drilling will continue to rise. And costs will especially escalate on deepwater rigs.

As a believer in Peak Oil, I want to plant one solid idea in your brain today: all the easy to find oil has been found and is decelerating in oil recovery. All the hard to find, hard to drill oil and hard to process oil (offshore, tar sands, oil shale, etc.) are going to skyrocket in expense for the next 20 years before the free world has switched transportation and energy to more greener energy.

I daresay today, we will never see oil trade for less than the May 26th low of $67.15 again in our lives.

That said, I recommend we concentrate on how to profit off what is sure to be a long trend in rising oil prices from here.

In the coming weeks, I'll toss out some ideas here from both traditional and Green energy sectors.

The Deepwater Horizon Catastrophe is a game changer in the way the USA explores for energy. Traditional energy (oil, Nat Gas, coal) are going to go up as more regulatory oversight is demanded by US citizens. Keep all of the above in mind as you invest for the short term and long term.

I recommend all day traders to follow Transocean
(NYSE: RIG) at Friday's close of $46.85. I will be "scalping" this trade every day this week. Do not, repeat, DO NOT buy and hold this stock for the long term as BP is now threatening to sue Transocean and vice versa.

Transocean has already received hundreds of millions in Insurance payments for the Deepwater Horizon disaster. It won't be long 'til Congress and BP will seek to get their hands on some of that money.

Transocean's P/E is now at a miniscule 5.20.

Transocean is now 53% off its high in less than a month.

Recommendation: use both 5 minute and 15 minute charts to trade in and out of RIG. Scalp it long, scalp it short. Do not hold over night.



Sincerely,

Rock Trueblood


p.s. Asian shares rose this morning as well as oil. S&P futures (3:45 AM EST) are now 3 points above last Friday's close. There are strong down trendline resistances for the S&P 500 and the Dow Industrials. Will the bear market continue, or will we break to the upside today?

Regardless, pick your sectors well. Only buy and hold defensive stocks which will never go out of style.

03 June 2010

Sarah Palin Twists Logic . . . And Her Panties . . . In Her Recent Tweet About "Drill, Baby, Drill"

Check this out: Sarah Palin says the oil spill is the fault of Progressive environmentalists.

See, Sarah Palin leaves this tweet on Twitter yesterday:

"Extreme Greenies: see now why we push "drill, baby, drill" of known reserves & promising finds in safe onshore places like ANWR? Now do you get it?"


While Sarah was tripping over her tongue with her panties down to her ankles, leave it to Rachel Maddow to wade in to explain what Palin is trying to do: Palin wants to blame the Deepwater Horizon Disaster on Environmentalists. (By the way, this is the new meme of the Republican Shout Radio and Shout TV Machine.)And her tweet implies the disaster would not have happened had we listened to her and simply "drilled, baby, drilled" onshore in say ANWR.

But that's where Palin, once again, becomes separated from the truth.

Let's briefly set you up for the clip you are about to see and which will make you shake your head, yet again, at the hypocrites in the GOP . . . especially Sarah Palin . . .



Rachel Maddow starts out this video clip with a great edited speech from President Obama who tells it like it is when he talks about the agenda pushed by his opponents, ". . . more tax breaks for the wealthy, and fewer rules for corporations."

President Obama says, "If you are a Wall Street Bank, or Insurance Company, or an Oil Company, you pretty much get to play by your own rules, regardless of the consequences for everybody else."

The President continues, ". . . And now we have a choice as a Nation: we can return to the failed Economic policies of the past, or we can keep building a stronger future. We can go backward, or we can keep moving forward." After which the President says he wants to keep moving forward, and he believes Americans wish to keep moving forward. When his speech concludes, you hear moronic booing in the background.

As Rachel Maddow points out, when you are no longer the party in power, you don't really have one figure head to counter a President who speaks so well. But as Ms. Maddow points out, the Republicans do have Sarah Palin and her twitter account.

At which point Maddow shows a shot of the actual Palin tweet on her monitor. Right afterwards, Maddow deciphers how Palin is telegraphing how she, Palin, was all for drill, baby, drill on land. And then Maddow simply plays one video clip after another which totally destroys Palin, and John McCain, and Mitt Romney and Rudy Giuliani . . . all of whom, Ladies and Gentlemen, left a trail of videotaped speeches where they all, time an again, said America should be "drill, baby, drill" not only on land but offshore and even "deep waters" offshore.

Just watch the video. Let's see Palin back away from her own videotaped speeches on the campaign trail. And let's see Romney, McCain and Giuliani all shed more crocodile tears for the Gulf of Mexico residents suffering because the GOP, the Party Which Wrecked America, would not regulate the Big Oil companies which pimped their Party.

02 June 2010

Oil Slick Spreading Toward Florida Panhandle After Already Hitting Alabama and Mississippi


Latest news has oil already hitting beaches in both Mississippi and Alabama with an estimated time of arrival on the first Pensacola Beach in Florida sometime later today.

From a Press Association release earlier this morning:

An oil slick from the Gulf of Mexico leak was confirmed a few miles off the Florida coast today as the impact of the disaster spreads.

Officials are saying it could hit the white sands of Pensacola Beach later on Wednesday.

Escambia County officials started putting out booms on Tuesday and making other plans for the arrival of the oil which has already impacted on 125 miles of the Louisiana coastline.

Mississippi Governor Haley Barbour says oil is hitting the state for the first time.

Mr Barbour said a two-mile strand of caramel-coloured oil has been found on Petit Bois Island, a barrier island near the Mississippi-Alabama border. The discovery means Louisiana, Alabama and Mississippi have all been hit by oil.

Mr Barbour says vessels will be dispatched to clean up the oil. Officials believe the strand broke off a patch of oil on Sunday south of nearby Horn Island

Note to Watchworld regulars: Haley Barbour is the same politician who just last week expressed little concern for the oil spill. He assured his state citizens the oil spill was breaking up, was 75 miles from Mississippi, was moving westward, and the oil which was washing up in Louisiana was not that toxic as it was breaking up and was just more messy than anything. Suddenly, Barbour went silent over this past weekend. Now the oil has arrived. Now he's eyes wide open.

Also contained in the Press Release is the news that Avatar director James Cameron is offering help to fight the oil disaster:

Meanwhile, federal officials are hoping blockbuster movie director James Cameron can help them come up with ideas on how to stop the disastrous spill in the Gulf.

The Avatar and Titanic director was among a group of scientists and other experts who met officials from the Environmental Protection Agency and other federal agencies for a brainstorming session on stopping the massive oil leak. Canadian-born Cameron is considered an expert on underwater filming and remote vehicle technologies.

More than 20 scientists, engineers and technical experts attended the meeting, which also included representatives of the Energy Department, Coast Guard and National Oceanographic and Atmospheric Administration.

Private groups represented include the Woods Hole Oceanographic Institute; Oceanographic Institute at Harbor Branch, Florida Atlantic University; University of California at Santa Barbara; Nuytco Research Limited; World Wildlife Fund; and the University of California at Berkeley.

If only Mr. Cameron could call up the Navi who could bring their healing power to our ailing portion of the planet.


In another headline this morning on the Huffington Post website which read in huge cap letters "FL-OIL-RIDA: BP Oil Spill Close To Florida: Oil Sheen Spotted Nine Miles From Pensacola Beach" we read the oil is just offshore from Pensacola Beach's white sands. We also read how their request for aid from BP has gone unanswered for the past 3 weeks:

Escambia County officials started putting out boom Tuesday and making other plans for the arrival of the oil. Crude has already been reported along barrier islands in Alabama and Mississippi, and it has impacted some 125 miles of Louisiana coastline.

Fla. officials say their request for about $150,000 from BP to buy sifting machines and a tractor to help remove oil from the beach's famous white sands has lingered unanswered for more than three weeks.

Santa Rosa Island Authority executive director W.A. "Buck" Lee says he is fed up with delays from the unified command center in Mobile, Ala.

Now who here still doesn't believe we're possibly heading into a Double Dip Recession and a continuing crash in Keys Real Estate?

Stay tuned,

Rock

01 June 2010

Estimated Gallons Leaked Widget

Big Oil's Groundhog Day of "Deja Vu Land" As Produced by Rachel Maddow

Rachel Maddow completely destroys Big Oil's claim that they've gotten better at drilling for oil offshore. Maddow and her production team put together video clips from a big oil spill in the Gulf of Mexico during 1979. The similarities between it and the Deepwater Horizon Oil Catastrophe of today will make you shake your head in disbelief.

Maddow asserts at the close of her show that oil companies have gotten better in only one respect of drilling: going deeper. The 1979 rig blowout in the Gulf was only in 200 feet of water. On the other hand, Maddow says Big Oil has gotten no better at containing the risks of an oil rig failure, as they are still using tried and failed methods from 31 years ago to try and stop today's leak which is 5,000 feet below the surface.

Must see TV:



26 May 2010

Memo Shows BP Suits Think Of Workers As Expendable "Pigs"

(Click on image of memo to enlarge it)

What has BP come to when their suits in the Executive suites think of their workers as expendable pigs?

Eleven men on BP's Deepwater Horizon rig just lost their lives to criminal negligence.

Stupid, uniformed Libertarians such as Rand Paul shrug it off by saying "Accidents happen." But Deepwater Horizon was no accident. It was simple criminal neglect leading to disaster, i.e. BP officials' shortcuts disregarded equipment failure and required tests, and this led to the biggest rig explosion in history.

This was to be expected. Anyone knowing anything about BP's corporate culture knows this is a corporation which puts profits ahead of safety. And today we pin another turd to the Watchworld's "Dishonor Board" by BP's name as a damning internal BP memo from "The Daily Beast" shows how cold calculating bean counters in the BP executive ranks decided against providing blast proof housing for workers in a BP refinery which blew up in 2005, killing 15 workers and injuring 170 other plant employees and residents of nearby homes.

In fact, BP's sociopathic suits used the allegory of "The Three Little Pigs" to figure out what was more important to them: providing blast resistant housing for workers, or cutting costs (for fatter profits) by simply placing expendable worker-pigs in thin aluminum trailers that a Big Bad Wolf (explosion) could easily blow down.

Above is the memo, and you will want to read the entire story at The Daily Beast titled "BP's Shocking Memo" to get a righteous anger going today. By the way, notice the icons of three "Little Piggy Banks" which some BP suit printed onto the memo, as if to imply doing cheap housing would save money for the mega-corporation. Wasn't that cute?

25 May 2010

Boston Globe's The Big Picture Blog: "Oil Reaches Louisiana Shores"

Below are just two of the images of 39 which the Big Picture Blog has assimilated under the title of "Oil Reaches Louisiana Coast".

Each photo has a caption underneath. For instance, the first photo you see here has the caption
"A young heron sits dying amidst oil splattering underneath mangrove on an island impacted by oil from the Deepwater Horizon oil spill in Barataria Bay, along the the coast of Louisiana on Sunday, May 23, 2010." (AP Photo/Gerald Herbert)

Click on the link "Oil Reaches Louisiana Shores" to see all the photos:

"Crude Awakening" - An infographic to help you understand the oil spill catastrophe in the Gulf of Mexico


"Crude Awakening"

- An inforgraphic to help you understand the oil spill catastrophe in the Gulf of Mexico and the incredible costs that will affect us all.

You'll want to see the graphic above blown up. Normally, images I provide on this blog can be clicked on to turn into something which will take up your whole computer monitor. However, this image will only double in size if you click on the image now. So it's important you go directly to the source to see the whole enchilada. You can click here . . . "Crude Awakening".

17 May 2010

CBS' 60 Minutes: "Deepwater Horizon's Blowout" ...Parts 1 & 2 . . . Plus 7 Extra Parts

Mike Williams, an electronics specialist on the Deepwater Horizon, explains what it was like to be at Ground Zero of the explosion. There is also an excellent explanation as to why the explosion happened, who is at fault, and who is examining this breathtaking evidence for the government.

p.s. This should load slowly as there are 9 videos in the queue:


Part 1

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Part 2


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Extras:


Extra #1 : "I'm gonna die right here."


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Extra #2 "As I got to the next door, it exploded."


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Extra #3 "It's a raging inferno..."


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Extra #4 "We are in bad trouble."


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Extra #5 "We're gonna burn up or we're gonna jump."


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Extra #6 "I must be dead."


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Extra #7 "Mike Williams On Andrea's Rescue"


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How The Loop Current Curves Around Florida

Raw Footage Of The Gulf of Mexico Catastrophe

The few Florida Keys residents who are in denial about this oil spill should watch this entire video, which was not shot by a mass media outlet with Big Oil advertisers:

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