Oil Companies Can’t Win for Losing
[Guest post by DRJ]
The offshore oil companies won another legal battle today against the Obama Administration but overall, they’re still losers:
“Although the ruling is a short-term victory for offshore energy and oil service companies, it is unlikely to immediately prompt any companies to resume the deep-water drilling that has been stalled since Obama announced the moratorium May 27.”
Which means everyone who depends on oil and gas is losing, too.
— DRJ
What also is happening in Texas they are having to shut down 27 oil refineries to comply with EPA regulations.
On June 30, Environmental Protection Agency Regional Administrator Al Armen Dariz took decisive action to clean up air pollution in Texas by invalidating all 122 “flexible” air-quality permits issued by the Texas Commission on Environmental Quality.
http://www.austinchronicle.com/gyrobase/Issue/story?oid=oid:1050852
Sanmon (319c0c) — 7/8/2010 @ 7:17 pmit “we the people”
ColonelHaiku (9cf017) — 7/8/2010 @ 7:20 pmit not “me the president”
big O Fall lame duck
Tens of thousands of people are going to be forced to look for new jobs in the middle of a recession cause our cowardly Chicago street trash president’s only response to a problem is to smash free enterprise and treat capitalism as if it were a disease.
happyfeet (19c1da) — 7/8/2010 @ 7:49 pmtick tock tick tock
I can see November from my house, too.
Kevin Murphy (5ae73e) — 7/8/2010 @ 7:55 pmThe Obama administration, and the EPA, have declared war on the American economy.
SPQR (26be8b) — 7/8/2010 @ 8:14 pmIt is pretty damn obvious now isn’t the time to do something this drastic, right? Obama has a silly commission on spending… why not a commission on economic impact of shutting down so much vital industry?
I understand the political pendulum. I can accept some ‘progressive’ nonsense every 12-16 years. But why does Obama have to be so damn simple?
Dustin (b54cdc) — 7/8/2010 @ 8:29 pmIt’s pretty obvious now that the whole left-wing agenda of forcing everyone to suffer equally is in place.
Except, of course for the agenda-setters.
Of course, though, there will be no comment or argument from the left because, for some weird reason, they want their royalty to live as kings, while the subjects try to wonder what went wrong.
Ag80 (363d6e) — 7/8/2010 @ 8:41 pmObama picked a bad year to declare war on the economy.
daleyrocks (1d0d98) — 7/8/2010 @ 8:48 pmNot that there’s ever a good year for his brand of nonsense.
daleyrocks (1d0d98) — 7/8/2010 @ 8:49 pmWhat if this was his aim all along? Let us say he planned to ruin the economy somewhat like his radical associates thing is necessary so that when our system fails they can step in with a new (old communism)system? I think they will start a civil war and it will not be a cold one. I just hope the military comes down on the side of the people.
Zelsdorf Ragshaft III (ee4168) — 7/8/2010 @ 9:02 pmI don’t think Obama is the evil genius.
Agitation is part of the recipe of those Alinksy classes he taught at Chicago. He doesn’t see it as a problem and perhaps doesn’t realize how deep the agitation is. This is just how community organizers operate… keep people upset enough that government intervention seems reasonable and money is filtered through government as much as possible.
The fact is, if we did reach some crazy tipping point, it wouldn’t work out in his favor. I think he’s just having great difficulty making good decisions and isn’t concerned enough about the damage he is doing to lose face by changing a policy.
Dustin (b54cdc) — 7/8/2010 @ 9:08 pm#11 Dustin:
Oh, I’ll agree with that.
In fact, I think that he is dim enough to believe, as Zelsdorf suggests, that the destruction of the “capitalist system” will spontaneously result in the rise of a socialist utopia with proletarian justice for the masses! Or whatever it is that they preach.
But even if that’s what he believes, and desires to achieve, he’s actually too inept to make a coherent thrust at it and is managing to achieve it because of his ineptitude.
Kind of like kicking an own goal, saying “I meant to do that,” and only realizing after the game is over, that yes, he really did mean to do that but doesn’t know how to follow through on it.
O!bumbly, the Own Goal Prezzydent.
EW1(SG) (edc268) — 7/8/2010 @ 9:32 pmEW1(SG) – Those prolly aren’t cigarettes Obama’s smokin’ either. Think of the kind of weed he can get as pezzydent!
daleyrocks (1d0d98) — 7/8/2010 @ 10:06 pmI can see November from my house, too.
But with the refineries shut down, will you be able to buy enough gasoline to drive there?
AD - RtR/OS! (2307ff) — 7/8/2010 @ 10:11 pmBut overall, they’re still losers:
NO!
They may be short term losers, but companies are now challenging the adminisration’s arbitrary and thuggish tactics by using the courts and the law. And they have won twice and will continue to do so.
When the administratiion forced Chrysler’s secured creditors to accept 29 cents on the dollar or face the the full force of the Washington press corps, the administration prevailed. They prevailed because of the climate of fear.
But no more. Little people (in this case the oil service folks) are doing what others haven’t. If the government attempts to obstruct justice by denying permits, they will be challenged on that too.
Corky Boyd (922457) — 7/8/2010 @ 10:23 pmHey,
I know this is OT, but how come y’all aren’t all over the LA rioting?
http://powip.com/2010/07/rioting-and-looting-following-california-verdict/
Too commonplace an event? Why is it that there’s rioting in Oakland, whether the Lakers win or a court verdict goes against the wishes of some of the residents?
Bob Reed (5f2db5) — 7/9/2010 @ 6:34 amAre people not aware that oil is a component of thousands of things?
Will the rulers of the regime be happy when we all have to pay 10 dollars a gallon to people who WANT TO KILL US?
Hello, politicians! We are not meek peasants. We are not serfs. YOU may have forgotten that you weren’t BORN TO YOUR JOB and were elected, but the stinky masses HAVE NOT.
I can see November from my window too…YEAH!!!
Ronald Reagan said it’s not a good thing to bet against Americans. It’s not. We are out here simmering with our anger.
The economy will be tanking even more by then given the current idiot administration…bye bye dims! YOU ARE TOAST!
Charlotte (dad663) — 7/9/2010 @ 6:36 amI for one am looking forward to our new wind and solar – powered rickshaws.
Dmac (93e7cb) — 7/9/2010 @ 7:38 amthe decision itself is weird. it is saying basically that there is no irreparable harm because no one seems interested in drilling. okay, but then what good does the original injunction do, then?
Aaron Worthing (A.W.) (e7d72e) — 7/9/2010 @ 7:49 amComment by Bob Reed — 7/9/2010 @ 6:34 am
Er, it’s about 450 miles between Oakland and LA. 🙂 You’d get lectured to extreme boredom about the moral purity of the Northern Californians over the SoCalians if you said that there. Believe me.
Beyond that, the peepull expressing utter rage whenever they don’t get the
Red County Pete (8e76eb) — 7/9/2010 @ 8:01 amlegal revengejustice theywantdeserve probably isn’t news in the Iron-Pyrite state. Not anymore.Dustin
btw, you mentioning blogging i guess got me off my behind and blogging again at my original site. here’s my favorite, but frankly most frivolous post for today: http://allergic2bull.blogspot.com/2010/07/sony-has-pulled-tv-episode-from.html
and there are other less frivolous posts on there.
Aaron Worthing (A.W.) (e7d72e) — 7/9/2010 @ 10:12 amI suggest the oil companies sue Ken Salazar personally.
Neo (7830e6) — 7/9/2010 @ 10:14 amHe modified the “experts report” to invoke the moratorium, in contravention of the law, so he is personally liable.
Well, I think maybe he could still take advantage of immunity. now i am not clear at all on the ability to sue the government itself, but that would seem to be right thing.
Except it then, i guess, puts us the taxpayers deeper in debt. Sigh. man, there is no escaping this, this is just a sh-t sandwich.
Aaron Worthing (A.W.) (e7d72e) — 7/9/2010 @ 10:40 amCan’t think of a single person that uses products created from or oil by products that give a shit, can you?
RTF (93d183) — 7/9/2010 @ 12:42 pmOne positive for the oil companies from the actual or implied moratorium is that it should save them a pile of money. Obama is really doing them a favor in that regard. It costs money to drill. Heh.
daleyrocks (1d0d98) — 7/9/2010 @ 6:40 pmThere are probably people who think you’re serious, daleyrocks.
DRJ (d43dcd) — 7/9/2010 @ 7:01 pmDRJ – That’s why I added the Heh.
daleyrocks (1d0d98) — 7/9/2010 @ 7:06 pmDon’t forget to factor in the ethanol subsidy.
Patricia (358f54) — 7/9/2010 @ 9:54 pm