Saturday, May 29, 2010

The Shame of Big Oil

Here is the rhetorical question: Imagine if you will the Blob from the 1950's movie of the same title, and it was sweeping the streets removing only the gas stations, refineries, offices, and production facilities of every oil company that existed in five states.

How much money would the oil industry collectively spend to stop the Blob? How fast would that private action (without any help [or probably permission] from the Government-at-large) be done?

Now, if instead of "blob," we read massive uncontrolled oil gusher; we replace the streets with the Gulf of Mexico; and instead of oil companies we read: every fisherman, much of the tourism, a lot of recreational dollars, and the future health of millions of people-- not to mention the immense and incalculable devastation to our aquatic creatures and ecosystems-- we must wonder.

Is it not in every oil companies interest to assist in solving this problem ASAP so as to be able to have opportunity at future access to public waters?

As for BP: It was different to hear within the first days of this tragedy, that BP will honor all reasonable economic claims. That said, sending claimants out to help with the clean up and containment without proper safety (equipment, training, resources, etc.) is in some ways worse, because then they shall have several claims as a class action: (1) economic, and (2) health.

It seems there will probably be many levels of costs for BP, Halliburton, et. al.: (A) immediate, (B) long-term, (C) Criminal claims, (D) Civil penalties, and (E) future opportunity costs.

I also want to make the statement that this situation is not as advertised or spun, "Obama's Katrina." Bush got a four day notice, and if memory serves did nothing for an additional four or so days. When he did it was to reassure people, as opposed to acknowledge the tragedy. That tin ear populism was what created (along with catch phrases like, "heckuva job Brownie,") the sink hole of political legitimacy for Bush.

Pubs and haters praying for this to suddenly be Obama's Katrina are going with the old 'argumentum ad naseum,' again, but more startling is their admission that in this (and on several other issues like the economy) matter their last leader with a fully stacked Pub Congress flubbed on issue after issue. I think with the foot falling and the Tea Parties it is clear that the Pubs havent gotten out of circular firing squad formation quite yet....

This situation was precipitated by the Bushies, and the only problem I have with Obama (Administration) is that they did not catch the paper tiger collusion between MMS and Big Oil before it came to this.

So, now as far as I am concerned, we the people must ask the oil companies to verify and prove the statements they made in writing to our governmental bodies in order to acquire permits. If they claim this situation happens only once every 30 years, then they must show they have what it takes to either improve techniques and/or possess the technological wherewithal to mitigate even the slightest damage to our public lands and natural resources.

As far as I am concerned, even the fishermen are missing the bigger picture: they should not just ask for a years wages, or another job... What about charging wholesale prices for every pound of shrimp, dolphins, fish, crabs, clams, crawdads, mollusk, etc. that has been "eaten" by this blob; and what about all the future costs for the billions of creatures that have been aborted in this man made catastrophe facilitated by a chain of fools.

Finally, it is hard to write this knowing I am on track to have to fill up at the gas station in about a week. We are all conspirators at some level of this tragedy, but imagine how much this will cost the tax payers total. It is probably a very incalculable number like say $208,972,340,000.00, just to pick one out of the hat. We have dozens of these rigs out there. If we would just spend that $208,972,340,000.00 x 12 to facilitate electric cars, improved clean technology, solar, and wind, then would we not be in this mess when the next one is due in thirty years or less?