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joydakiss
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About drilling in the Gulf being an acceptable risk...


the peak of hurricane season isn't for another 2 months, and the Gulf region is already bracing for a heavy hitter.

Hurricane warnings as Texas braces for Dolly

Up to 20 inches of rain expected in coastal areas as storm gains strength

McALLEN, Texas - Texas mobilized National Guard troops and residents along the Gulf Coast near the Mexican border were buying plywood, flashlights and other supplies as Tropical Storm Dolly — expected by forecasters to strengthen into a hurricane this week — headed their way.

Hurricane warnings were issued late Monday for parts of the Texas and Mexico coasts, meaning hurricane conditions were expected in those areas by the end of Tuesday.

Dolly was expected to make landfall later this week and bring with it high winds and 10 to 20 inches of rain in coastal areas. Emergency officials feared major flooding problems and urged coastal residents to prepare. Gov. Rick Perry activated 1,200 National Guard troops and other emergency crews and Shell Oil said it was evacuating workers from oil rigs in the western Gulf Of Mexico.


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7/22/2008, 10:53 am Send Email to joydakiss   Send PM to joydakiss
 
barrister
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I believe that there already are oil drilling rigs in the Gulf and they regularly are hit by and withstand serious tropical weather.

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7/22/2008, 10:57 am Send Email to barrister   Send PM to barrister
 
joydakiss
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tropical storms, but cat 4 hurricanes or more?

not to mention, they're already speculating that this storm may affect oil/gas prices...so what makes us think additional drilling won't also be affected by these storms?

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7/22/2008, 11:04 am Send Email to joydakiss   Send PM to joydakiss
 
barrister
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Re: …


quote:

joydakiss wrote:

tropical storms, but cat 4 hurricanes or more?

I didn't say "tropical storms". I said, "tropical weather, which includes hurricanes, every year.

not to mention, they're already speculating that this storm may affect oil/gas prices...so what makes us think additional drilling won't also be affected by these storms?




They always do, because the storms require a temporary shut down until they pass, which interferes with the flow of oil. More rigs would probably mitigate that interruption because they could more quickly make up the lost drilling time.


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7/22/2008, 11:07 am Send Email to barrister   Send PM to barrister
 
llovejim
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then we could more readily get that soothing 3 cents a gallon savings at the pump....wow, almost worth all the freaking trouble....

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steveatl
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I'm so psyched to see the oil companies make more money via drilling that will bump down the price of gas at the pump by 3 cents in 2018.

Who needs money invested in alternative fuels? We don't need those. I'd rather be tied to the Middle East for another generation.

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7/22/2008, 11:14 am Send Email to steveatl   Send PM to steveatl
 
barrister
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Different issue Jim. I don't think drilling anywhere is going to make much of a difference. However, I don't think that weather in the Gulf is a reason to not drill. The North Sea is full of rigs and it gets some of the worst weather in the world.

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7/22/2008, 11:14 am Send Email to barrister   Send PM to barrister
 
ckirmser
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Well, as jjl has already explored the "there are already oil rigs in the Gulf" angle, all I can really add is that acceptable risk is a judgement call made by the owners of the property.

Obviously, it is an acceptable risk to those owners who already have rigs in the Gulf and it is an acceptable risk to those owners who wish to place rigs in the Gulf.

But, that is pretty much irrelevant. No one gets to decide acceptable risk for them, but themselves.

Do you want someone deciding your acceptable risk for you? What if you don't agree?

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7/22/2008, 11:15 am Send Email to ckirmser   Send PM to ckirmser
 
llovejim
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maybe so...my point is, i bet the oil companies WILL NOT DRILL IN ANWR OR OFFSHORE UNLESS---they get some heavy duty tax incentives from the government....why should they? it costs a lot of dough to set up a drilling operation in ANWR..it costs a lot of dough to set up a drilling operation in deep offshore areas....and if it takes 10 years for it to get to us, how does anybody know if an alternative fuel might come along and make the billions of dollars they might have invested in beginning these drilling operations huge losses? we can open it up, but I bet you a dollar to a donut the oil companies will not drill unless the government sweetens the pot with huge tax incentives...they have not drilled on the 68 million acres they have available, including millions of offshore acres, RIGHT FREAKING NOW---AND THEY ARE MAKING THE HIGHEST PROFITS IN THEIR HISTORY!!!! why fix it if it is not broke?

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7/22/2008, 11:19 am Send Email to llovejim   Send PM to llovejim ICQ
 
ckirmser
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Re: …


quote:

llovejim wrote:

maybe so...my point is, i bet the oil companies WILL NOT DRILL IN ANWR OR OFFSHORE UNLESS---they get some heavy duty tax incentives from the government....why should they?



So, don't give them tax incentives.

There, problem solved.

Next?

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7/22/2008, 11:29 am Send Email to ckirmser   Send PM to ckirmser
 


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