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To: Maurice Winn who wrote (73724)5/28/2010 5:55:30 AM
From: Snowshoe1 Recommendation  Read Replies (1) | Respond to of 74559
 
>>for some reason doesn't put much attention on... the government regulators asleep at the wheel<<

Wrong. Obama is shaking up the regulating agency and heads are rolling...

Interior Chief Vows Crackdown on MMS's 'Bad Apples'
nytimes.com

Salazar condemned the behavior of the Minerals Management Service inspectors cited in the IG report as "reprehensible" and said some acts were "indeed criminal."

MMS head resigns in the wake of Gulf oil disaster, various scandals (UPDATED)
news.yahoo.com

Just two days after a bombshell report detailed that some Minerals Management Service oil regulators accepted gifts from the companies they oversee and took drugs and watched porn while at work, MSNBC is reporting that MMS chief Elizabeth Birnbaum has resigned (see update below).

Interior secretary to split MMS into 3 new agencies
chron.com

WASHINGTON — The Obama administration on Wednesday formally began breaking up the embattled federal agency in charge of policing offshore drilling after the Deepwater Horizon disaster exposed regulatory lapses and possible conflicts of interests at the Minerals Management Service.

Interior Secretary Ken Salazar signed an order carving the MMS into three pieces, extinguishing the once relatively little-known agency that President Barack Obama last week criticized as having a cozy relationship with the companies it regulates.


U.S. Drilling Regulator Quits Amid Criticism Over Rig Disaster
bloomberg.com

Chris Oynes, associate director of the offshore energy and minerals management program for the Interior Department’s Minerals Management Service, has left his job, Bill Lee, an agency spokesman, said yesterday in an interview.

Oynes, who was appointed chief of the division that oversees deep-sea oil exploration in 2007, left amid scrutiny of safety inspections and mounting criticism of what President Barack Obama described as the agency’s “cozy relationship” with the energy industry. Oynes served Republican and Democratic administrations during more than three decades in federal jobs.



To: Maurice Winn who wrote (73724)5/28/2010 3:18:26 PM
From: average joe  Read Replies (2) | Respond to of 74559
 
The leak will divert attention from Obama and allow him to mismanage and steal in relative secrecy. Obama does not care about deep sea drilling mud or BOP manufacturers when he has BP centre stage to blame and shame.

"Macondo is located on Mississippi Canyon Block 252 in the Gulf of Mexico in a water depth of 4,993 feet (1,522 meters). BP serves as the operator, holding a 65% interest in the prospect; Anadarko holds 25%; and MOEX 2007 holds the remaining 10%."




To: Maurice Winn who wrote (73724)10/29/2010 11:36:47 AM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
Mq, you were right - one of the main causes of the BP well failure was the concrete made by Halliburton. Shares of Halliburton take another dive now that the investigation has fingered the concrete: finance.yahoo.com

<By Chris Baltimore

HOUSTON (Reuters) - Halliburton Co. used flawed cement in BP Plc's doomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said on Thursday.

Halliburton's shares tumbled as much as 16 percent after the National Oil Spill Commission released a letter detailing the panel's findings, before recovering to close down nearly 8 percent at $31.68 per share on the New York Stock Exchange.

BP's U.S.-listed shares closed up 1.3 percent at $40.60 per share.

While not absolving BP of responsibility, the report heaped criticism on Halliburton's cement job, raising investor concerns it could be forced to bear some of the clean-up costs.
>

Mqurice