Tag Archives: Deepwater Horizon

The Gulf Oil Spill – Too many coincidences…

April 20: Deepwater Horizon explodes. 

84 days later, the leak continues spewing a much debated number of gallons per day into the Gulf of Mexico (estimates range from 800,000 to 3 million gallons/day). 

Speculation on the how’s, the who’s and the why’s behind this “accident” is running rampant in the media and on the internet. Yet for all the media coverage available – getting the facts on Tiger Woods’ extramarital activities or whether or not, Brittney Spears is wearing panties seems easier and the evidence is usually more conclusive. Maybe we need TMZ to cover this story instead of the mainstream media. 

The official story is riddled with inconsistencies and missing details, but what is clear is that there are too many unexplained coincidences. These inconsistencies easily lend themselves to conspiracy theories that become difficult to simply dismiss. 

Leading up to the accident is a list of strange events and coincidences…   

Since the Obama administration took over in Jan. 2009, the Center for American Progress, led by former Clinton Chief of Staff, John Podesta, has played a major role in forming the administration’s energy policies. CAP , of course is the George Soros sponsored “progressive” think tank. In April 2009, a CAP report stated that the America has a moral obligation to spend whatever is necessary to help poorer nations deal with the effects of the “global warming” caused by industrialized nations like the U.S.  They already used the EPA to declare that emissions of six key greenhouse gases – carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons and sulfur hexafluoride “threaten the public health and welfare of the American people”. Since the inauguration the administration has been pursuing Cap & Trade, the Copenhagen Treaty and the rest of the “green agenda” with a passion. At one point the White House even appointed a known progressive revolutionary, Van Jones as their “Green Jobs Czar”. He has since stepped down and returned to a role at CAP.

In Feb. 2009, George Soros invested $900 million in Petrobras, the state controlled oil company of Brazil. Then, as “luck” would have it (for Soros), the Obama administration decided in Aug. 2009 to loan Petrobras $2 billion for a deep water off shore drilling project off the coast of Brazil. The proposed project is in water up to 4 times deeper than the Deepwater Horizon well that exploded in the Gulf. After the well explosion, the administration immediately suspended all new drilling operations and shut down 33 other wells in the Gulf due to safety concerns with deep water drilling. I wonder if Petrobras would benefit from such a decision? 

According to reports and confidential BP internal documents, the well had a variety of problems including bad wiring, a leak in the “blowout preventer” and sealing problems that may have led to the methane eruption. Some of these problems appear to have been known as early as February, two months before the accident. Additionally there were procedural and safety problems with the oil rig that may have also contributed to the explosion. BP is now also reporting undocumented tampering with well sealing equipment. 

In another interesting twist, just one week before the explosion, Halliburton a major player in this saga, acquired Boots & Coots, a small but extremely experienced oil well control company. Their claim to fame was the work they did in Kuwait extinguishing and cleaning up the well fires set by retreating Iraqi troops during the first Gulf War. Was Haliburton worried about problems with the well? 

As for Haliburton themselves, they admitted during the recent Congressional hearings that they had   carried out a cementing operation on the Deepwater Horizon only 20 hours before the rig exploded.

Both workers and BP officials now say gases were leaking through the new cement, prior to the blast. Investigators say the leaks are probably the cause of the accident.  

Coincidentally (considering all the well problems since Feb.), Goldman Sachs decided to sell 44% of its’ BP stock holdings (4,680,822 shares) during the same timeframe. The transaction was worth $266 million and helped them avoid a $96 million loss in the weeks after the explosion. 

Also according to the U.K. Telegraph, BP CEO Tony Hayward sold about 33% of his BP stock in the 30 days prior to the spill. The transaction involved 223,288 shares which sold for $2.066 million. This sale helped Hayward avoid a loss of approximately $625,000. Hayward quickly used his profits to pay off his mansion in Kent. Did Goldman Sachs and Hayward know something about the troubles before the well blew up? 

Then, there is the suspicious behavior of our government. To start with there was the refusal to waive the Jones Act to allow foreign ships to help with the relief efforts. There were also offers from several countries such as the Netherlands, Romania, Norway, Spain, Mexico, Canada, Sweden and Britain made a variety of offers of aid, from skimmer ships to technology. Only Canada, Mexico and Norway’s offers were accepted, the rest were either turned away or remain “under consideration”. 

Additionally, the federal government has blocked and hindered the efforts of Louisiana, and the other Gulf states in taking action to protect their own coastlines. Efforts by Gov. Bobby Jindal to build sand berms to help keep the oil from washing ashore were blocked by the federal government. The Coast Guard also broke up a flotilla of barges set up to create an oil barrier. 

There were also those bizarre Congressional hearings with BP and the bulk $20 billion prepayment for spill damage claims. The money was given to the federal government to administer. Who hands over that much money when they claim they haven’t completed their own internal investigation of the cause? It is worth pointing out that they (BP) like to say that BP stands for Beyond Petroleum and that they are heavily invested in many forms of alternative energy as well as a proponent of carbon credits and trading. They also were a huge contributor to Obama’s presidential campaign. Even after all the bad press and the $20 billion payout is there enough upside in Cap & Trade to make it worth staying in the President’s good graces? Remember carbon trading is an estimated $10 trillion annual business if Cap & Trade passes. 

There are also other controversies such as the oil dispersants being used. The criticisms run from the EPA’s claim that they are too toxic to the fact that the ones being used are new and untested. Kevin Costner claims to have an oil/water separator system that could capture oil from the surface and return clean water to the Gulf. Since the system is untested, the EPA is concerned over environmental impact so they are moving slowly with putting the system into service. Could the environmental impact of removing the oil from the water without chemicals really be worse than doing nothing or using the questionable dispersants?   

Another significant piece to this story is that most deep water wells have redundant (2) “blow out preventers” yet for some reason BP was a given a waiver to operate with only one on the Deepwater Horizon well, even though it is a very deep well. The waiver was granted last year by the U.S. Minerals Management Service. Why? Do campaign contributions buy waivers? Just asking. 

Need more? The FAA declares area over the spill a no-fly zone. Obviously they want to keep unnecessary aircraft out of the area (media helicopters, for sure) but are they hiding something else? There is speculation in the oil and gas industry trade publications that this disaster is far from over and things have the potential to get a lot worse. Some experts believe that BP has tapped into a massive oil field that is covered by a large methane gas bubble capable of creating pressure at the well head of 100,000 psi which is 100 times what the equipment is designed to deal with. This has the potential to create an underwater oil volcano which could wreak havoc on the surrounding area by generating tidal waves and clouds of toxic gas. Is there imminent danger that the government is not telling us about? A cover up? 

Check out this article from Petroleum World, titled “The Well from Hell”: 

http://www.petroleumworld.com/sf10062001.htm 

Over the past several years we have seen the formation of the Chicago Climate Exchange (CCX), which is funded by a variety of organizations, many of which have ties to the administration, pushing the “green agenda” of Cap & Trade. We have watched Al Gore (by the way a major investor in CCX) turn climate change into a full fledged industry. We have watched the U.N., the world’s elite and environmental extremists turn “climate change” into a radical movement bent on reshaping the global energy structure and redistribution of wealth. It doesn’t take a genius to figure out that as a carbon credits trading operation, CCX will have the potential to make its’ investors very rich (some estimate $10 trillion annually) if Cap & Trade passes. So the question is -Is this about saving the planet or greed? Is the real green agenda more cash for the elite?

Will there soon be a cry from the Progressive Congressional Caucus calling for the nationalization of the oil industry?  In the past, Congresswoman Maxine Waters (D) CA., a socialist moonbat, has called for nationalizing the oil companies, as have left leaning commentators such as MSNBC’s Chris Matthews. What’s even worse is that many Democrat voters actually believe this might be a good idea. Surely the answer to our problems is the government not greedy businesses like BP, right? Funny though how political donations from the evil corporations are still accepted by our saviors! I guess when you are saving the world no money is too dirty. 

“You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before.”  – Rahm Emanuel 

So ask yourself – what’s really going on here? Is the accident in the Gulf a “crisis” of opportunity for the administration to push through Cap & Trade? Is there a dragging of feet to get this thing capped to make the point that fossil fuels are unsafe? Remember according to Carol Browner the administration is in charge and calling all the shots in the Gulf, so no excuses right? It can’t be lost on most rational people that there are many glaring inconsistencies in this story and its’ relevant subplots. What is the real root cause; greed, incompetence, coincidences or conspiracy? My hunch is some of each but regardless this feels like another crossroads. Will this “accident” fuel more fundamental transformation of our country and our way of life? Will it be an excuse to further destroy our economy by becoming the catalyst for Cap & Trade? 

Wake up, America! Ask questions and demand answers! Time is running out…

 Restore the Republic, before it’s too late. 

Warnings from the Founding Fathers: 

“If ever time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin.” – Samuel Adams  

“Hold on, my friends, to the Constitution and to the Republic for which it stands. Miracles do not cluster, and what has happened once in 6000 years, may not happen again. Hold on to the Constitution, for if the American Constitution should fail, there will be anarchy throughout the world.” – Daniel Webster