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Keyword: offshoreoil

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  • Ship anchored near oil pipeline made unusual movements

    10/07/2021 1:43:50 AM PDT · by blueplum · 32 replies
    AP ^ | 06 October 2021 | MICHAEL BIESECKER, STEFANIE DAZIO and MICHAEL BALSAMO
    HUNTINGTON BEACH, Calif. (AP) — A massive cargo ship made a series of unusual movements while anchored in the closest spot to a Southern California oil pipeline that ruptured and sent crude washing up on beaches, according to data collected by a marine navigation service... ...The Associated Press reviewed more than two weeks of data from MarineTraffic, a navigation service that tracks radio signals from transponders that broadcast the locations of ships and large boats every few minutes. That data shows the Rotterdam Express, a German-flagged ship nearly 1,000 feet (305 meters) long, was assigned to anchorage SF-3, the closest...
  • Lebanon seeking answers over Halliburton offshore Israel contract

    09/18/2021 11:10:32 PM PDT · by blueplum · 4 replies
    Reuters ^ | 18 September 2021 | Maha El Dahan, Laila Bassam in Beirut; Rami Ayyub in Jerusal
    BEIRUT, Sept 18 (Reuters) - Lebanon's Prime Minister Najib Mikati has asked his foreign minister to seek clarification from the international community after Israel granted U.S. oilfield services group Halliburton an offshore drilling contract in the Mediterranean. Lebanon and Israel are in dispute over the delineation of their territorial waters in the Mediterranean and negotiations between the old foes could lead to Lebanon being able to unlock valuable gas reserves...
  • Vitter wants answers on Brazil drilling loan; Paul wanted answers too

    03/22/2011 2:19:36 PM PDT · by Crush · 31 replies
    The US Report ^ | 22 March 2011 | Kay Day
    Sen. David Vitter (R-La.) wants answers from the US taxpayer supported Export-Import bank about a $2 billion loan to Brazil for offshore drilling. Vitter’s home state is suffering under a moratorium imposed by President Barack Obama. Vitter said Louisianians “are frustrated” and he wants to know “why permitting domestically is nearly stalled…” Rep. Ron Paul (R-Texas) had questions about ExIM—nine years ago when he asked Congress to reject the reauthorization of ExIm for “economic, constitutional and moral reasons.” Vitter sent a letter to Fred Hochberg, Ex-Im president, on March 17. Vitter asked Hochberg to identify all US companies that have...
  • On Energy, Massachusetts Tilts At Windmills

    02/27/2012 4:13:35 PM PST · by raptor22 · 24 replies · 1+ views
    Investor's Business Daily ^ | February 27, 2012 | IBD staff
    Green Energy: Bypassing abundant supplies of environmentally friendly and reliable natural gas, the Bay State forces its utilities to buy energy from offshore wind farms. The tilting at windmills continues. It is instead found in the vast resources locked up in the Outer Continental Shelf, the Arctic National Wildlife Refuge, the Chukchi and Beaufort Seas off Alaska and in the vast shale formations that bless the U.S. with an abundance of oil and natural gas. A nationwide boom in natural gas production is set to fuel nearly 900,000 jobs and add roughly $1,000 to annual household budgets by 2015, according...
  • Drill, Cuba, Drill

    09/22/2011 4:55:50 PM PDT · by Kaslin · 20 replies
    IBD Editorials ^ | September 22, 2011 | Staff
    Energy Policy: Deep-water drilling will resume in the Florida Strait when a giant, semi-submersible oil rig en route from Singapore arrives later this fall. The bad news is it will not be American. While U.S. oil and energy prices "necessarily skyrocket," as President Obama once said they would under energy policies that have imposed a de facto ban on offshore drilling, a massive Chinese-built semi-submersible oil rig is on its way from Singapore to a drilling position off northwest Cuba perhaps as little as 50 miles from Key West, Fla. The long-predicted move could come as early as November, as...
  • Editorial: Don't Let Alaska Oil Pipeline Shut Down

    05/17/2011 6:45:40 PM PDT · by Kaslin · 16 replies
    IBD Editorials ^ | May 17, 2011 | Staff
    Energy: Lack of oil volume due to administration bans on new Alaskan drilling may force the shutdown of the Trans-Alaska Pipeline, denying us even the tens of billions of barrels left in already developed fields. The Trans-Alaskan pipeline is dying, another casualty of the Obama administration's war on domestic fossil fuel energy and its deliberate effort to drive up energy prices to make so-called "green" energy alternatives more attractive. It was built to handle the oil produced on Alaska's North Slope at Prudhoe Bay and was a marvel of American engineering and exceptionalism. When oil exploration began in Prudhoe Bay,...
  • Drill, Maybe, Drill

    05/16/2011 6:14:08 PM PDT · by Kaslin · 6 replies
    IBD Editorials ^ | May 16, 2011 | Staff
    Energy: Extending existing oil leases as the president has proposed accomplishes nothing if the White House's environmental handcuffs won't let them be used. Lucy wants to hold the football for Charlie Brown again. When President Obama said during his Saturday radio address that "we should increase safe and responsible oil production here at home," the operative words were "safe and responsible." We will drill if it's safe for polar bears, caribou and West Texas lizards, and if it doesn't contribute to the "climate change" myth. Similar words were used to justify the seven-year moratorium on offshore drilling off both coasts,...
  • The Administration's Big Oil Lie

    05/13/2011 4:11:11 PM PDT · by Kaslin · 13 replies
    IBD Editorials ^ | May 13, 2011 | Staff
    Energy: As the House passes a bill to open up offshore drilling, the Senate holds another show trial of oil executives showing why people blame them, not the administration, for high gas prices. Last week they fought back. Summoned for what Sen. Orrin Hatch labeled a dog-and-pony show, executives of Exxon Mobil, Shell, ConocoPhillips, BP America and Chevron appeared before the Senate Finance Committee on Thursday and, in often-heated exchanges, indicated their days as whipping boys are over. The hearing was called ostensibly to support the Democrats' Close Big Oil Tax Loopholes Act, a bill with no chance of passage....
  • Editorial: Obama's Do-Nothing Oil Policy Hurts

    04/07/2011 6:01:31 PM PDT · by Kaslin · 4 replies
    IBD Editorials ^ | April 7, 2011 | Staff
    Leadership: Making jokes about remembering what it was like to pump gas or speaking at a foreign-owned wind turbine plant does not ease the pain at the pump that has been orchestrated by the White House. President Obama found time on the eve of a possible government shutdown to dine with the Rev. Al Sharpton, address his National Action Network Annual Gala and make quips about an energy crisis America finds increasingly unfunny. "I don't pump gas now, but I remember what it was like pumping gas. ... I remember the end of the month (paying bills) .. . I...
  • Does Obama Want $8 Gasoline?

    02/25/2011 5:07:11 PM PST · by Kaslin · 101 replies
    IBD Editorials ^ | February 25, 2011 | Staff
    Energy Policy: While we sit on abundant oil and natural gas reserves, prices at both the wellhead and the pump are rising on fears of spreading Mideast turmoil and short domestic supply. But then, maybe that's the plan. The silver lining for this administration in the gathering storm over the Middle East may be what it's doing and may yet do to energy prices. The average price for gasoline jumped nearly 12 cents a gallon last week to $3.287, according to AAA. But at the White House, that's not necessarily bad news. Oil has surged to 2 1/2-year highs as...
  • White House's Contemptible Drilling Ban

    02/04/2011 5:02:37 PM PST · by Kaslin · 18 replies
    Pajamas Media ^ | February 4, 2011 | Staff
    Energy Policy: An administration that has no respect for Congress, the courts or the Constitution has been found in contempt for reissuing a drilling moratorium that a U.S. district judge found overly broad. The Obama administration's trouble with the courts has continued with a judge's ruling last week that the Interior Department's reinstating of a drilling moratorium followed by a de facto moratorium via an overly restrictive permitting process constituted contempt. The administration had issued a drilling moratorium in May in waters deeper than 500 feet after the explosion and sinking of the Deepwater Horizon drilling rig off Louisiana that...
  • Would We Drill For $200 Oil?

    02/01/2011 5:52:04 PM PST · by Kaslin · 54 replies
    IBD Editorials ^ | February 1, 2011 | Staff
    Energy Security: As unrest spreads in the Middle East, threatening oil transport and oil-rich kingdoms, our laughable energy policy may come home to roost. Better get those wind turbines spinning in a hurry. Between them, the Suez Canal and adjoining pipeline transport some 4.5 million barrels of oil per day. More than 35,000 ships used the canal in 2009, about 10% of them oil tankers. The thought of the Muslim Brotherhood in control of it should give us pause. Yet that's a real possibility as the well-disciplined and ruthless mother of all Islamofascist groups lies in wait. The street protests...
  • The Job Moratorium

    07/28/2010 6:08:20 PM PDT · by Kaslin · 9 replies
    IBD Editorials ^ | July 28, 2010 | Investors Business Daily staff
    Energy: A new analysis of the effects of the offshore drilling moratorium shows more to worry about than beaches and tourism. Massive job loss and economic hardship lie ahead, and we're doing it on purpose. It's been 100 days since the Deepwater Horizon disaster cast a pall over America's energy future while endangering the environment onshore and off. Whether it was due to negligence or the inherent dangers of deep-water drilling, it pales in comparison to the self-inflicted wound of increased energy regulation and taxes and the Obama administration's moratorium. President Obama has succeeded in turning a crisis into an...
  • Lift 'reckless' oil drilling ban, Gulf residents plead

    07/27/2010 5:45:42 PM PDT · by smokingfrog · 11 replies
    Google hosted (AFP) ^ | July 27, 2010 | Karin Zeitvogel
    President Barack Obama's "reckless" moratorium on deepwater drilling in the Gulf of Mexico is suffocating small businesses and destroying livelihoods, lawmakers and residents said Tuesday. "The decision to stop energy exploration in the Gulf of Mexico appears to have been made in an uninformed manner that borders recklessness," Democratic Senator Mary Landrieu told the small business committee, which she chairs. "It has increased our risk to the environment, it has increased our national security risk, it has increased the risks to job security. It must be reversed now." A study by Louisiana State University finance professor Joseph Mason estimates the...
  • Cap-And-Trade On Ice

    07/26/2010 6:07:51 PM PDT · by Kaslin · 12 replies
    IBD Editorials ^ | July 26, 2010 | Investors Business Daily staff
    Energy Policy: Senate Democrats have shelved job-killing cap-and-trade legislation, at least for now. Neither the political nor the Earth's climate suggests it's a good time to try to fool Mother Nature or the American people. After a Thursday meeting with Senate Democrats, Senate Majority Leader Harry Reid has apparently dropped plans to pursue cap-and-trade before the August recess. He doesn't have the votes to overcome a GOP filibuster, and saving the earth from a phantom threat stands way below jobs on Americans' wish list. But watch out after November. "What he suggested is that we move forward on several bills...
  • Cap-And-Trick

    06/16/2010 4:27:26 PM PDT · by Kaslin · 14 replies · 511+ views
    IBD Editorials ^ | June 16, 2010 | Investors Business Daily staff
    Energy Policy: President Obama says the oil disaster proves the need to get off fossil fuels. But before we save the planet, let's save the Gulf and stop exploiting crises to deny America the energy it needs. Saving the planet is nice, but just how do we plug the hole again? With an abundance of hand gestures, the president didn't really say in his speech Tuesday night. He did say fossil fuels were bad and green energy is good, but the people of the Gulf states don't need wind turbines right now. Contrary to Obama's assertions, our "addiction" to foreign...
  • The Last Straw

    06/14/2010 5:08:16 PM PDT · by Kaslin · 58 replies · 1,525+ views
    IBD Editorials ^ | June 14, 2010 | Investors Business Daily staff
    Leadership: FDR said we had nothing to fear but fear itself. JFK asked what we could do for our country. Now we can add Obama's whine about the disaster in the Gulf: "I can't suck it up with a straw." 'Even though I'm president of the United States, my power is not limitless," the president told Grand Isle, La., locals in a video released Friday. "So I can't dive down there and plug the hole. I can't suck it up with a straw. All I can do is make sure that I put honest, hardworking, smart people in place ....
  • A Ban On Truth

    06/10/2010 6:02:09 PM PDT · by Kaslin · 17 replies · 976+ views
    IBD Editorials ^ | June 10, 2010 | Investors Business Daily staff
    Energy Policy: The advisory board on offshore drilling says it never endorsed a moratorium, which was added later by the interior secretary. The only thing transparent about this administration is its lies. Experts brought together by the Obama administration to review offshore drilling safety were asked to review recommendations in the wake of the Deepwater Horizon disaster. They did not give their blessing to the six-month drilling moratorium announced by Interior Secretary Ken Salazar and have accused him of deliberately appending their report to make it seem like they did. According to the New Orleans Times Picayune, Salazar's May 27...
  • (Obama's) Killing The Drilling

    06/04/2010 7:08:42 PM PDT · by raptor22 · 63 replies · 1,353+ views
    Investors.com ^ | June 4, 2010 | Investor's Business Daily staff
    The Economy: As if the latest measly numbers on our jobless recovery weren't bad enough, along comes the administration to pile disaster upon disaster by slapping a six-month ban on deep-water drilling. When President Obama visited Louisiana on May 1, he talked about the possibility that the oil gushing from BP's Deepwater Horizon well could "jeopardize the livelihoods of thousands of Americans who call this place home." Now the administration's response could jeopardize the livelihoods of tens of thousands more. In a letter sent to Obama on Wednesday, Louisiana Gov. Bobby Jindal challenged the president's decision to suspend deepwater drilling...
  • The Drill Is Gone

    05/27/2010 6:04:59 PM PDT · by Kaslin · 29 replies · 1,298+ views
    IBD Editorials ^ | May 27, 2010 | Investors Business Daily staff
    Energy: An administration never enthusiastic about offshore drilling is using the Gulf oil spill as an excuse to suspend Arctic exploration. Who could've seen that coming? Now we'll be more dependent on foreign oil. Suspicions in some quarters that the administration was being deliberately lax in its response to the Deepwater Horizon oil spill in the Gulf of Mexico in order to pursue a larger, anti-domestic energy agenda were met with derision. But if not deliberate, the effect is the same as the administration prepares to shut down our search for new oil. President Obama on Thursday announced a suspension...