Pickens: America Needs to Get Off Foreign Oil

BP Capital Management Founder T. Boone Pickens on the importance of energy independence and how the president can help.

BP Spill Destroys a Way of Life

BP Spill Destroys a Way of Life
Jordan Flaherty: Local fishing villages face an uncertain future on Louisiana Coast

Who is keeping the World addicted to oil, Shell?,Exxon?,BP?,Chevron?,Esso?,Texaco?

Short clip from " Dr. Steven Greer on the BP Oil spill and the Orion Project"

Petrobras Raises $70 Billion in Largest Share Offering

Sept. 24 (Bloomberg) -- Petroleo Brasileiro SA, the state-controlled oil company, raised 120.4 billion reais ($70 billion) from the Brazilian government and other investors in the world’s largest share sale as it seeks cash to develop offshore fields. Bloomberg's Cecilia Tornaghi reports.(Source: Bloomberg)

Petrie Sees Oil Production Peaking Between 2012 and 2015

Sept. 20 (Bloomberg) -- Thomas Petrie, vice chairman of Bank of America-Merrill Lynch, talks about the U.S. government's moratorium on deep-water oil drilling and the outlook for oil production. Petrie also talks about BP Plc's Macondo well in the Gulf of Mexico and consolidation in the oil industry. He talks with Matt Miller and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Stocks, Oil Advance as Dollar Weakens Before Fed Sets Policy

Stocks, Oil Advance as Dollar Weakens Before Fed Sets Policy
Dec. 16 (Bloomberg) -- U.S. and European stocks rose on speculation the Federal Reserve will say it plans to hold its benchmark interest rate at a record low for an extended period to sustain the global economic recovery. Oil and metals rallied as the dollar fell. Read article

BP Plugs Well That Caused Biggest U.S. Oil Spill

Sept. 20 (Bloomberg) -- U.S. officials said BP Plc killed its Macondo well in the Gulf of Mexico after creating another cement seal, plugging the source of the largest offshore oil spill in U.S. history. "The Macondo 252 well is effectively dead," said National Incident Commander Thad Allen in a statement yesterday. BP completed its last pressure test on the plugs at 5:54 a.m. local time before declaring the well sealed, according to the statement. Susan Li reports on Bloomberg Television's "First Up."

BP CEO Hayward Faces Spill Questions

BP's Hayward Faces Spill Questions
Departing BP CEO Tony Hayward prepared to face UK MPs Wednesday to answer question on the Mexico oil spill. Rupert Nathan from Fat Prophets told CNBC that it will be a fact-finding exercise.

Take Profit on Oil

The $5 dollar move up in oil prices presents a good opportunity to make some profits, says John Licata, chief commodity strategist at Blue Phoenix. He talks commodities, with CNBC's Martin Soong & Sri Jegarajah.

Taxing Threat To Oil and Gas

A report out this morning suggests the road to recovery could be derailed, with Joseph Mason, Louisiana State University.

Oil Will Never Be Cheap Again

Author Jeff Rubin breaks down economic growth projections point toward higher-priced oil for the foreseeable future.

BP spill report blames‏ multiple sides

BP's internal inquiry into the Deepwater Horizon disaster concluded that the company holds some responsibility for the Gulf of Mexico oil spill.

The energy giant, however, also found that some other companies should be blamed.

It said that Swiss-based Transocean was responsible for crucial safety equipment designed to seal the well as soon as the leak began.

Halliburton, the US company that attached the wellhead to the sea floor, was also criticised for "weaknesses in cement design and testing".

The enquiry was the first in a string of investigations seeking to find out what went wrong and who is to blame.

Al Jazeera's Jonah Hull reports from London.

Key Oil Spill Evidence Raised to Gulf Surface

Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is aboard a ship. The AP's John Mone reports on the effort to raise the equipment to the surface. (Sept. 5)

Oil Disaster Lasting Impact on Gulf Tourism

In Louisiana, it's a tale of two localities? the coastal communities saw Summer tourism dollars evaporate after the BP oil rig disaster. New Orleans did just fine. The AP's John Mone says it all depends on how communities managed perception of how oil aff

Oil in Gulf VERY RESISTANT to further biodegradation -- Full toxic form for decades

Gulf Oil Spill and Seafood Safety Government Panel, House Committee Energy & Commerce, Energy and Environment, August 19, 2010:

Lisa Suatoni, Senior Scientist Natural Resources Defense Council, Oceans Program.

Ian McDonald, Professor Florida State University.

BP Oil spill update with Captain Kelly Sweeney

Capt. Kelly Sweeney shared an update on the BP oil spill. After the relief well is completed, the Deepwater Horizon oil rig is going to be brought back up from the ocean bottom and be used as evidence in a criminal investigation, he reported. In talking about other maritime issues, he noted that the ice melt in the Arctic is leading to more ship traffic in the waters above Canada and Russia, and possible new oil drilling there.
Captain Kelly Sweeney Biography:
Captain Kelly Sweeney is a Master Mariner, holding the highest Captain's license the Coast Guard issues to commercial mariners. He graduated from the California Maritime Academy in 1983 with a Bachelor of Science degree in Nautical Industrial Technology. Captain Sweeney has worked on oil tankers, container ships, oceanographic ships, high-speed passenger vessels, large oil spill response vessels, fish processing ships, ocean-going tugboats, a car carrier, and a crew boat. He continues to go to sea for a living.

In addition to his career as a mariner, Captain Sweeney is also an experienced professional writer. He is a columnist for the widely circulated magazine "Professional Mariner," and is the author of the book From The Bridge.

With his wife, Frances, Captain Sweeney also operates Maritime Headhunters, a job placement and maritime career counseling company - and encourages interested Coast to Coast AM listeners to contact him there."

Gulf Oil Spill Update Day 122

Adm. Thad Allen has latest on oil clean-up operations

Researchers: 80 Percent of Oil Remains in Gulf

AssociatedPress--August 17, 2010--Researchers say as much as 80 percent of the oil from the spill remains in the Gulf. They warn that the Gulf of Mexico oil spill is a bigger mess than the government claims and that a lot of crude is lurking deep below the surface.

Oil found in Afghanistan

1.8 Billion Barrel Oil Find in Afghanistan

August 15, 2010 France 24 News

Philip Weiss of Argus Discusses BP Oil Spill Costs

Aug. 13 (Bloomberg) -- Philip Weiss, an analyst at Argus Research, talks with Bloomberg's Julie Hyman about BP Plc's oil spill in Gulf of Mexico and the potential costs to the company. (This is an excerpt of the full interview. Source: Bloomberg)

US fishermen struggle amid oil clean up

The US government's point man on the Gulf oil spill says BP's blown-out well is not securely plugged to his satisfaction and that the drilling of the relief well must go ahead.

Retired Coast Guard Admiral Thad Allen has said that although no oil is flowing from the well, the "bottom kill" operation must be completed.

It was suspended earlier this week because of bad weather and could take four days to retstart.

The government estimates that the broken well leaked close to five million barrels of oil before it was capped and sealed.

And last week, it released a report stating only a quarter of that oil remains on, or underneath the water.

But in the fishing town of Lafitte, Louisiana, many people who depend on the Gulf waters for their living are questioning the government's claims.

Al Jazeera's Cath Turner reports.

Norwegians Doubt Country Prepared for Life After Oil

Aug. 12 (Bloomberg) -- Bloomberg's David Tweed reports from Oslo on Norway's preparations for a decline in oil revenue. The Norwegian capital is Tweed's fourth stop on a train journey around Europe to survey the region's economy.

Simon Wardell Sees Weaker Oil Market Over Next Two Years

Aug. 11 (Bloomberg) -- Simon Wardell, energy research manager at IHS Global Insight, talks about the outlook for oil prices and demand after the International Energy Agency's monthly report cited “significant downside risks” to consumption. He speaks with Andrea Catherwood on Bloomberg Television's "The Pulse."

Chevron and The Amazon oil spill

Chevron faces $27 billion lawsuit in Ecuador

Pakistan floods threaten oil crisis

Fuel shortages have been reported in Pakistan's biggest oil refinery as the threats from floods prompted its closure.

The refinery is situated in the Muzaffar-garh town in the Punjab province, where long queues are forming at the filling stations amidst fears of a potential fuel crisis.

Aljazeera's Kamal Haydar reports on the impact of the floods on families of Muzaffar-garh town.

BP carpet bombed Gulf with dispersants

CNN--August 01, 2010--New documents indicate BP went overboard in using chemicals to break up oil. CNN's Reynolds Wolf reports.

More Oil Soaked Turtles Being Caught Than Ever Before

August 10, 2010 CNN

Oil Dispersant Getting Into Food Chain

A BP Crime Scene?

Oil spill investigators eye items at the bottom of sea

How To Buy Oil Futures

NEW YORK (TheStreet) -- Dan Dicker, senior contributor for TheStreet, breaks down how to buy oil futures.

BP Finishes Pumping Cement Into Blown-Out Well

BP says engineers have finished plugging the blown-out well with cement in their effort to permanently seal it. The company won't comment on the possibility of drilling in the same block of sea floor someday. (Aug. 5)

BP Pumps Cement to Kill Gulf Well

Engineers hope to finish 'static kill' of busted oil well

Browner: Vast Majority of Oil Gone From Gulf

Aug. 4 (Bloomberg) -- The "vast majority" of crude from BP Plc's damaged Gulf of Mexico well is gone and the rest is being broken down by waves and bacteria, reducing the threat of further pollution from the largest maritime oil spill, White House energy adviser Carol Browner said on NBC's "Today" show this morning. Bloomberg's Adam Johnson reports. (Source: Bloomberg)

BP Says Static Kill Procedure a Success

BP Says 'Static Kill' Procedure a Success
Blown-out well reportedly in 'static condition' while U.S. government claims 75 percent of oil has been cleaned up

Oil Spill End in Sight?

BP testing permanent capping method on busted well in Gulf

Who to blame for the oil crisis in the Gulf of Mexico

Who is to blame for the oil crisis in the Gulf of Mexico

BP Oil Spill: URGENT UPDATE! Corexit Operations Still In Progress.

This is proof that they continue to spew this toxic dispersant into the Gulf. Why? Perhaps because there is another fissure spewing oil or because the true intent of this spill was to poison people. We may never know, but when Bob Dudley, CEO of BP says on the MSM that they are scaling back clean up efforts and you see things like this... It makes you wonder... and it makes you ANGRY!!!!

Profiting From the Oil Spill

FBN's Gerri Willis on the industries and companies that are benefiting from BP's oil spill and the cleanup.

Gulf oil spill exaggerated ?

BP says it has plugged the oil well in the Gulf of Mexico, but the controversy continues. There's a heated debate over just how bad the spill will affect the environment. Some scientists believe the aftermath will be felt for decades, while others say the oil's already rapidly dispersing. Michael Grunwald from Time Magazine says the problem's being exaggerated.

Oil Spill Threatens Lake Michigan

Canadian oil pipeline leaking into major river connected to key water source

BP new CEO says Focus will be on restoring reputation

CNBC apos;s Maria Bartiromo spoke to the incoming CEO on the issue wherein he said the focus right now is on restoring reputation of BP.

Oil Heads Toward $80

Oil is pushing towards $80, with CNBC's Sharon Epperson.

New Threat on Oil Spill 100th Day Disaster

Boat crashes into oil well in Gulf, creating another leak near BP disaster

Towboat Causes Second Oil Spill

Collision damages underwater well, sending oil spewing into estuary

What BP Cleanup Means for Industry

Bank of America Merrill Lynch Vice Chairman Tom Petrie argues BP naming a new CEO was a positive step.

BP May Face Billions in Negligence Fines

FBN's Liz MacDonald on the big swing in civil fines that the oil company may face if it is found guilty of gross negligence.

BP CEO Tony Hayward on His Way Out

FBNs Jeff Flock on the potential management changes at the oil company.

China battles Yellow Sea oil spill

Chinese authorities struggling to contain the environmental and economic damage of a major oil spill in the Yellow sea which began last Friday.

The pipeline has now been repaired, but the cause of the explosion that ruptured it is unknown.

Al Jazeera's Tony Birtley reports from Dalian. (July 23, 2010)

BP Using Oil Dispersant to Cover Tracks? - Julia Whitty

Environmentalist and author Julia Whitty accuses BP of using oil dispersant and methanol to distort the data on how many barrels of oil have spilled into the Gulf of Mexico. She's convinced BP is simply "working the angles" for their inevitable day in court.

-----

Julia Whitty talks about Deep Blue Home. Whitty presents a penetrating exploration of the three-dimensional ocean river, far more powerful than the Nile or the Amazon, encircling the globe. It's a watery force connected to the earth's climate control and so to the eventual fate of the human race. Whitty is the author of The Fragile Edge. - Book Passage

Julia Whitty is a writer and former documentary filmmaker. She is the author of Deep Blue Home: An Intimate Ecology of Our Wild Ocean, due out July 2010, and of The Fragile Edge, a book on coral reefs, winner of a PEN USA Literary Award, the John Burroughs Medal, the Kiriyama Prize, and finalist for the Dayton Literary Peace Prize.

Her short story collection A Tortoise for the Queen of Tonga won an O. Henry and was a finalist for the PEN Hemingway Award.

Oil Spill Workers Developing Mysterious Illness

Because drilling can bring warm fluids up from depth, potentially melting the shallower gas hydrate, many researchers and engineers anticipate that drilling through gas hydrate may pose a hazard to the stability of the well, the platform anchors, the tethers, or even entire platforms
Air tests from the Louisiana coast reveal human health threats from the oil disaster. The concentration threshold for hydrogen sulfide is about 5 to 10 parts per billion. Last Thursday, the EPA measured levels at 1,000 ppb.
Ambient air standard for the VOC benzene, for example, is 3.76 ppb, while its standard for methylene chloride is 61.25 ppb. Air testing results show VOC concentrations far above these state standards. On May 6, for example, the EPA measured VOCs at levels of 483 ppb.
From youtube user Early2it

Here is more info about the gulf gas oil eruption going on.

Me and a friend were talking today and I though maybe you could use this info, it mostly regional stuff, but you might be able to put it in a more global context for us..

Let me know what you think about this methane glazer thats down under the Gulf and what sort of related stuff you know about present conditions globally that could be effecting it.

This is raw stuff, it might not be 100% but it is good intel...

-------------------------

Its a gas-oil eruption and there are several plumes not just the one around the horizon rig..

The gas and oil coming out of the plume you see on tv totals less than 2% of the gas and oil being released into the waters.

There is a core methane hydrate deposit, the largest known to exist.

In fact if it is allowed to escape, when it burns off it will consume all the oxygen within the whole of the atmosphere of the entire earth, no more air for anything to breath not just fish, it really is Pandora's box these ass clowns opened up.

What is fueling the eruptions is the reaction occurring from the frozen methane hydrates transforming, faster and faster, from a frozen solid state to a liquid, then rising and finally turning back into gas, it is a chemical reaction that is the power source behind the eruptions, not the normal volcanic activity.

Think of it as an underwater methane glazier that is melting as a result of the changing pressure and temperature of the planet.

Who knows if it would have remained frozen if BP wouldn't have been doing experimental exploration.

Really its just a small part of what you see taking place around the world with all the earth quakes and volcanoes going off everywhere.

Mainly the volcanic eruption in Iceland changed the pressure the methane was being held under by a few degrees, its the pressure thats been keeping it frozen, our it would have erupted a long time ago.

The people drilling did not have real time measurements, so they were not prepared for the level of pressure that they encountered, it was way beyond what they had estimated and were expecting it to be when they hit the deposit

But factually speaking people shouldn't be calling it an oil spill, and the people saying that know thats not what it is.


You got fundies who still believe Iraq was a threat, and the Taliban had something to do with it all, people truly do believe whatever they decide they want to believe, so long as its not the truth, and the facts rarely have anything to do with it.

Even people who think of themselves as sensible and reasonable are just liars like the rest of us.

Liars whose only concern is their own ass nothing more, no matter what they claim.

what is happening in the Gulf is not a spill and never has been, its a gas-oil eruption, and there is 3000 to 5000 times more gas being released than oil.

Which when you do the math, its 1 part to 250,000 part oxygen depletion ratio occurring as the gas-oil, and various other chemicals, interact with the sea water.

Thats how I came up with 3-6 months, all life in the Gulf and Atlantic, 6-12mn all life in all oceans, 12mn - 2yr all life that breaths air on the surface.

Simple math try it yourself.