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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (76254)	5/27/2010 8:58:25 AM
From: manalagi	Read Replies (1) \| Respond to of 149317

BP: 'Top kill' results to be known by day's end 8:49a ET May 27, 2010 (MarketWatch) NEW YORK (MarketWatch) -- BP Plc expects to know by the end of the day if its "top kill" maneuver stops the oil spewing from its ruptured well at the bottom of the Gulf of Mexico, while President Barack Obama's reportedly ready to extend a moratorium on offshore drilling and initiate stricter federal supervision over such drilling. BP said Thursday that "top kill" operations, begun Wednesday afternoon, continued overnight and are ongoing. "There are no significant events to report at this time," BP said in a brief statement. "BP will provide updates on progress as appropriate." Late Wednesday, Chief Operating Officer Doug Suttles said that 7,000 barrels of drilling mud had been pumped into the blowout preventer on the sea bed, a mile below the surface. BP will also pump cement into the blowout preventer, he said. At the same time, BP has plans to sever the broken pipe at the bottom of the Gulf and attach a new blowout preventer if the top kill procedure doesn't work, he said. Moreover, the company's continuing to drill relief wells to stop the disastrous leak. In Washington, Obama will announce a decision to keep a moratorium on new offshore drilling in place for six more months as a White House commission studies the practice, according to reports. An August lease auction of drilling rights in the western Gulf reportedly will be cancelled, along with another off the coast of Virginia. Obama will also delay exploration plans off the Alaska coast in the Chukchi and Beaufort seas, according to a White House aide cited by news service AFP. Meanwhile, a more detailed picture is emerging about the deadly April 20 explosion and the April 22 sinking of the Deepwater Horizon rig, which caused the massive oil rupture 50 miles off the Louisiana coast. Largely confirming earlier media reports, Transocean Ltd. supervisors who were aboard the rig told federal officials Wednesday about a disagreement with their BP counterparts hours before the blast that killed 11. In a joint hearing held by the Coast Guard and the Minerals Management Service in Louisiana, Douglas Brown, Transocean's chief mechanic on the rig, said that key representatives from both companies had a heated argument in an 11 a.m. meeting that morning, according to a Wall Street Journal report. Brown said Transocean's crew leaders objected to a decision by BP on how to start removing heavy drilling fluid and replace it with lighter seawater from a riser pipe connected to the well head. BP declined to comment on the testimony.

To: stockman_scott who wrote (76254)	5/27/2010 9:00:30 AM
From: ChinuSFO	Respond to of 149317

President Barack Obama ordered Salazar to conduct a review of the nation's offshore oil drilling safety after the Gulf of Mexico oil spill last month. While this is indeed a good and politically correct step, he should have set a timeline by which this review needs to be completed if he has not already done so. This spill< as I understand, would not have occurred if Transocean/BP acted quickly on the inspection report which pointed out that the BOP had hydraulic leaks and weak batteries.

To: stockman_scott who wrote (76254)	5/27/2010 11:35:22 AM
From: koan	Read Replies (1) \| Respond to of 149317

>>About 90 percent of Alaska's general fund revenue comes from the petroleum industry. State leaders look to offshore oil to provide jobs and keep the trans-Alaska pipeline from running dry...>> Alaska does not need that oil. We have upwards of 100 billion barrels of heavy oil overlieing West Sac and adjacent areas. The profits are jsut not as large, but large enough and they are now producing heavy oil from many wells and increasing production. And we have trillions of cubic feet of NG which will be shipped south someday as well. Too many up here are not responsible when it comes to money and oil.