To: Wharf Rat who wrote (75582 ) 5/22/2010 12:40:09 PM From: stockman_scott Read Replies (2) | Respond to of 149317 The potential royalties on BP's spilled oil are kid's stuff compared with the true economic and environmental cost of this tragic Gulf oil spill. And remember that some regulatory and drilling practices and standards are stricter outside the U.S. For example, Norway requires an acoustic backup system to trigger the blowout preventer remotely with sound pulses if the regular switch fails. And it's interesting that Britain, Norway and Australia have separate agencies overseeing the revenue and safety aspects of the oil industry to avoid conflict of interest...It looks like the U.S. in now finally starting to move in this direction. BP will unfortunately never be able to bring back parts of the Gulf that see their ecosystems change for at least a generation or maybe forever...No amount of money from BP can compensate for that...check out these comments made out on The Oil Drum site today -- from a poster who is from Louisiana... <<...The oil is coming ashore now here in Louisiana. We can handle it on the beaches, but our coastline consists mostly of estuarian bays, bayous (rivers and streams), and small inlets made of mud and grasses. Our lower borders are thin margins where young sea creatures are born and nurtured, upon which larger fish feed. Ninety percent of marine life in the Gulf of Mexico depends on this kind of shoreline at some point in its life cycle. Our fishing families and Seafood and Tourist Industries are up hard against it. They don't know how to react to BP, its outsourced companies, the US Corps of engineers, the EPA, and so on. All these preventable things "that could never happen" have happened, are happening. What is the prescription for their helplessness, frustration, and anger? What will save the marshes? Putting conspiracy, civilization end-gaming, and even Peak Oil arguing aside for the moment, does any TODer know what can be done asap?...>>