Category Archives: Energy

The BP End Game

Posted on July 18, 2010 by Art Stone

Now that the BP well seems to be under control, there are three different approaches that are being floated… #1) Resume the oil flow – this seems to be the idea that the litigation lawyers and government bureaucrats favor. To … Continue reading →

Posted in Energy | Comments Off on The BP End Game

The one thing President Obama won’t say

Posted on July 18, 2010 by Art Stone

Keep an ear out – now that it looks like the BP well is under control, the one thing I don’t expect President Obama to say is “Thank you”…. as in “I would like to thank all of the scientists, … Continue reading →

Posted in American Politics, Energy, Global Finance, Obama Nation, State of Fear-mongering | 2 Comments

6800 psi and rising

Posted on July 16, 2010 by Art Stone

The latest report from the BP well – which is now completely shut in – is that the pressure is at 6800 PSI… From what was known before the accident, the pool at the bottom of the well is around … Continue reading →

Posted in American Politics, Energy, Obama Nation | Comments Off on 6800 psi and rising

Trouble in Nigeria

Posted on July 15, 2010 by Art Stone

Nigeria is the 4th largest supplier of crude oil to the United States. Energy Dept stats. Mexico, Saudi Arabia and Nigeria are all about the same amount, with Canada being our largest supplier. Nigeria’s crude is high quality and easy … Continue reading →

Posted in American Politics, Energy, Global Finance, Obama Nation | Comments Off on Trouble in Nigeria

The limits of Government Power

Posted on July 10, 2010 by Art Stone

In a now unreachable part of Pennsylvania, at the coal town named Centralia, a fire in an underground coal seam has been burning since 1961. The government has figured out no way to stop the fire, and it could well … Continue reading →

Posted in Energy | 1 Comment

Tne new BP Plan

Posted on July 10, 2010 by Art Stone

NY Times description The weather is going to be quiet for 7 to 10 days, so BP (at the direction of the Obama Administration) is going forward with their next plan – to removing the existing containment cap and cutting … Continue reading →

Posted in Energy | Comments Off on Tne new BP Plan

Connecting BP’s dots

Posted on July 8, 2010 by Art Stone

The Wall Street Journal is connecting some dots of unfinished business from around the time of the so-called economic panic of 2008. A (Better) Reason to Hate BP You may remember the odd release of the one Libyan terrorist named … Continue reading →

Posted in American Politics, Energy, Global Finance, Obama Nation, State of Fear-mongering | Comments Off on Connecting BP’s dots

BP’s moment of truth

Posted on July 6, 2010 by Art Stone

A week ago, the first relief well was within about 600 feet of reaching the casing of the leaking well. The guess was they would reach it between July 7th (Wednesday) to July 9th – and it would take two … Continue reading →

Posted in Energy, Obama Nation | Comments Off on BP’s moment of truth

Reversal of fortune

Posted on July 3, 2010 by Art Stone

About a week ago, I had written that in the middle of the night, the containment cap on the well was almost completely stopping the flow. That lasted for about a day. A few days ago, I thought I noticed … Continue reading →

Posted in Energy | Comments Off on Reversal of fortune

Changes at the BP well

Posted on June 28, 2010 by Art Stone

Live Video I don’t know if the relief well is doing something or they revised the containtment cap, but the flow of oil is close to stopped… You can now actually see the LMRP cap, with only occasional spurts of … Continue reading →

Posted in Energy | Comments Off on Changes at the BP well

What they didn’t teach in ROV class

Posted on June 26, 2010 by Art Stone

It’s helpful to know that swordfish cannot swim backwards…

Posted in Energy | Comments Off on What they didn’t teach in ROV class

Trouble brewing in the gulf

Posted on June 25, 2010 by Art Stone

A low pressure area in the Caribbean has turned into an official tropical depression. It is below the Yucatan Peninsula, heading generally toward Texas. The BP video feeds have gone dead. Even with a minor storm, what they are doing … Continue reading →

Posted in Energy, State of Fear-mongering | Comments Off on Trouble brewing in the gulf

What 100,000 barrels a day looks like

Posted on June 23, 2010 by Art Stone

the containment cap is now off and the well gushing full force. It is suspected an ROV bumped into the line injecting warm water to prevent hydrate formation. Now Senator Markey can learn what “worst case” looks like. Not being … Continue reading →

Posted in Energy, Obama Nation | 1 Comment

What does “stop drilling” mean?

Posted on June 21, 2010 by Art Stone

What does “stop drilling” mean? It’s easy for a politician to think those two words convey an idea, but they don’t. There are about 15 similar rigs currently deployed in the Gulf. Hurricane season is become a statistically significant risk … Continue reading →

Posted in Energy | Comments Off on What does “stop drilling” mean?

83% of US Seafood is imported

Posted on June 20, 2010 by Art Stone

83% of US Seafood is imported according to the Wall Street Journal, and the Gulf of Mexico only accounts for 2% of U.S. consumption. The total value of all shrimp and oyster production in 2008 was about $420 million, not … Continue reading →

Posted in Energy | Comments Off on 83% of US Seafood is imported