THE Offshore Drilling Thread (merged)

[Sixstrings]

I think our flag should be changed to represent the current principles of this nation: green and white stripes, with an inset 50 white dollar signs on a gray background.

Or maybe we should just adopt the flag of the UN. That's what it's come down to now, we're no longer a nation but rather a fiefdom of global capitalists. I am trying to come to terms with that by the way, because it's the reality whether I like it or not. I'll continue to vote my conscience, but I will have to work on not getting so upset about this. Globalism is like the Borg -- resistance is futile.

[pedalling_faster]

No matter what we USED to stand for, this is what the government of the USA represents, and the majority of its citizens care about more than anything else: money and maximum gain.

2¢

there are a lot of industries where we can live without their products.

it sounds like its time for American citizens to boycott American corporations that don't provide jobs for Americans.

[Sixstrings]

there are a lot of industries where we can live without their products.

it sounds like its time for American citizens to boycott American corporations that don't provide jobs for Americans.

Won't work. Was tried in the late 80's and didn't work, and that was when a lot more people cared about this issue than they do now. Even Walmart felt the pressure and for a while had a policy of selling an American product when available -- it didn't last long and they soon dropped the whole Made in USA push.

I think boycotts can't work in a nation that has no worker solidarity in the first place. Nobody wants to unionize or go on strike or protest anymore, it's just dog eat dog at all class levels, I got mine and to hell with you mentality.

[bratticus]

The story is that there are "cooling problems" but we all know that North Sea crude production is way past peak, right? Don't want to spook the sheeple with that peak oil story.

3 Forties Oil Cargoes Cancelled On Buzzard Field Issues-Traders
By Sarah Kent, Of DOW JONES NEWSWIRES / NASDAQ / May 4, 2011

Ongoing production issues at the 200,000-barrel-a-day Buzzard field in the North Sea have caused severe delays to cargoes of Forties crude for delivery in May, traders told Dow Jones Newswires Wednesday.

Three cargoes of the North Sea grade, the largest component of the global Brent price benchmark, have been dropped, and over half are facing delays of two to three days, the traders said.

North Sea Buzzard oilfield at reduced rates after restart
Reuters / May 9, 2011

'We restarted the Buzzard platform at reduced rates Saturday morning (in the range of fifty percent),' Nexen spokesman Pierre Alvarez said in an email to Reuters.

Nexen's Yemen Operations Hit By Strike; Buzzard Operation Reduced
By Edward Welsch, Of DOW JONES NEWSWIRES / WSJ / May 9, 2011

Raymond James analyst Kristopher Zack said ... that Buzzard's problems are more meaningful. Buzzard production was 80,500 barrels a day net to Nexen last year, or about a third of its total production. Zack estimated production at about 35,000 barrels a day during the second quarter, which could cut into cash flow per share by about 8%.