Recent comments

  • What has gone wrong with the Gulf Rig explosion has also happened with Appalachian Shale. The Drillers used benzene laced lubricants to push the rigs pipe faster. Benzene is carcinogenic in parts per billion. So they got kicked out of the Catskills and many other parts of Appalachia. Shale Gas drilling shortcuts should sound familiar.

    Ironically, there are vegetable based lubricants which
    do the trick of petroleum. But then, when would a self-respecting rough-neck ever propose an renewable?

    Nonetheless, there is 2 political questions: one support for Kerry-Lieberman? Two, dismantling the idiot regulations stopping mechanics from doing vehicle conversions to natural gas. A $10,000 license is needed for each vehicle manufacturer, class and model type. Like Jeep, Liberty, Sport is just on of several hundred licenses.

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
    EPer:
  • "Why aren't the banks being called upon to suffer austerity measures?"

    It's easier to break promises to voters than to financial backers. Politicians, like all of us, respond to incentives. If I can get elected taking money from bankers and block votes from unions (all conditional on giving to these groups at the expense of others, of course), then I will. Altruism exists, but never count on it. Any would-be politician who tries to do the 'right' thing will be eliminated very early in his career.

    The system creates the incentives. That is why wise men like the founders of the American republic advocated the smallest government possible, so it could do the least damage. We're stuck now, because the system is too compromised to contemplate changing itself and will have to hit a wall before the various groups who hold veto power are dislodged. Expect unpleasantness.

    Reply to: Spanish Bank Fails, here comes the IMF   14 years 5 months ago
    EPer:
  • Hmm, I guess we'll find out how thoroughly communism and anarchism were stamped out by Franco.

    Viva La Revolucion!

    Reply to: Spanish Bank Fails, here comes the IMF   14 years 5 months ago
    EPer:
  • We're seeing "analysis" and "blame" and "Study" and I am like WHO CARES ASS WIPES FIX IT! SOLVE IT NOW! It's just unreal. You flip on cable news and they devote 10 minutes to this and then it's onto Rand Paul and immigration puppets and finding the most trivial of political crap to munch on, aka Sarah Palin sandwich munch instead of the most critical thing of our time.

    Let's have studies, let's tour, let's hold a press conference, let's watch our messaging, let's have a commission, let's hold a hearing...

    All the while ooze is gushing which sure looks to me like the disaster of the century.

    Can you imagine the news back in WWII? it would be 5 minutes of Pearl Harbor and then 50 minutes debating whether Francis Perkins was a closet Lesbian because she leaned into Eleanor just a little too closely at some press event.

    Reply to: We are the endangered species   14 years 5 months ago
    EPer:
  • Or some other dramatic action is really in the cards. Obama ran as someone who could make government work. Right now, he looks like Nero.

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
  • A responsible company would have had an action plan for just such a disaster. They could have simulated this on a super computer and come up with solutions.

    Of course the regulators have an obligation to with hold the license if there is no worst case planning.

    There is no excuse for this disaster.

    Reply to: We are the endangered species   14 years 5 months ago
    EPer:
  • reported that other countries have offered to help and BP has said "no thanks" and they have gotten over 20,000 legitimate solutions, so they are "evaluating" them.

    That "no thanks" and then there was an incident bigger than this one and they are not immediately deployed what worked there is beyond the pale. that was the "super tanks with straws" idea.

    Reply to: We are the endangered species   14 years 5 months ago
    EPer:
  • As cold as the water is I wonder why they couldn't make things a bit colder and freeze the end of the pipe shut. Oil freezes at a pretty high temp and they could oxygenate the water some more also. If they inserted some sort of coil into the pipe the water oil mix in the pipe could freeze long enough for them to seal the pipe permanently.

    We spent a lot of money exploring space but never had the same desire to research under our own ocean.

    Reply to: We are the endangered species   14 years 5 months ago
    EPer:
  • Why do you hide behind 19th century economic ideas?

    Confess your hatred for working people: you know work, right, basic science (unlike economics) moving a force through a distance (M=F x D). Maybe the darkened font will help you make the connection.

    You'll feel much better about yourself

    Reply to: Spanish Bank Fails, here comes the IMF   14 years 5 months ago
    EPer:
  • It seems to me they could calculate the actual various pressures down there and design a cap accordingly, but the main problem is the actual deep sea gear to operate down there. I don't see why they don't build around it, where the pressure is less and then "funnel" and also "vacuum".

    Just "throwing" stuff sounds like nonsense, including concrete by the various pressures (water and the gush itself) plus the solubility factor.

    What about massive boulders, but first build a circle around the area, strengthen those...kind of an architecture design instead of just "throwing crap" at it which seems for sure to disperse to the above?

    I'm just talking out loud but a lot of this crap makes no sense to me plus blows me away. I think of NASA fixing a 1960's space craft with something like tin foil and a few other things to not burn up in the atmosphere now where are those guys to brainstorm design some solutions? I thought nuclear submarines were outfitting with outboard robotic equipment too, where is all of that technology?

    Reply to: We are the endangered species   14 years 5 months ago
    EPer:
  • A conservation expert, he mentioned that they tried this 'junk shot' in 1979 on the IXTOC blowout and that it ended up making it worse with several more leaks in other areas.

    Remember IXTOC took 9 months to seal.

    Reply to: We are the endangered species   14 years 5 months ago
    EPer:
  • too. You ain't kidding about ticking time bombs Freddie Fannie and on this score it seems it's another "bi-partisan" agreement by all who are not bought and paid fors.

    Jim, you write some very informative comments. I'm of course hacking away and the never ending site upgrades which becomes as obsessive as some sort of video game at this point and I'm hoping to put some sort of section which highlights super cool comments.

    Reply to: An Update on Financial Reform Legislative Shenanigans   14 years 5 months ago
    EPer:
  • Someone else said they had this in the gulf and that tankers can pump in the oil/water mix near the leak, clean it and even reprocess it but all of those tankers are holding oil, sitting in the ocean waiting for the price to increase.

    I think there is something Obama can do and that's simply clear the path to find a solution and act immediately, regardless of what BP says.

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
    EPer:
  • Meanwhile the Libor spreads are widening again. Thats something the news hasn't really focused on since the Fall of 08' meaning something is happening with liquidity and the credit markets.

    It did mean credit was tight but this time around the media is pointing more to various austerity programs and Zero Hedge is saying there is some fraud going on with UBS and the ECB.

    Also the US is being bundled in blurbs with Ireland, Spain, Portugal, Greece, the UK and Japan for debt problems. Wait till the Freddie and Fannie bail out costs come to light. It doesn't matter who is to blame but the markets and credit markets are not going to go for some huge new debt for the gov here.

    Roubini is recommending moving funds to short term government bonds in countries with good balance sheets such as Germany and Canada. He may be alarmist but he has huge credibility these days.

    Hang onto your shorts literally if there is any bad news on late Friday or over the long weekend.
    Tuesday will be a fire sale if so.

    I see more than a double dip around the corner.

    Reply to: An Update on Financial Reform Legislative Shenanigans   14 years 5 months ago
    EPer:
  • Its never been done in the ocean.

    There is nothing Obama can do frankly. The government is not in the oil well leak fixing business really.

    Does Ratigan belive Obama can put a cape on fly to the gulf then a mile underwater and seal the pipe with his laser vision?

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
    EPer:
  • are something like 500 years and domestic. i.e. diverting gas won't run out actual supply, that's my understanding.

    but at this point I think we might see the entire global economic coated and buried in a think black goo. In other words, I'm hearing more and more they cannot stop this leak and .....I'm now wondering just how much this will grind the global economy to a halt.

    Looks like i need to put my engineering hat on and start reading. This is not my area at all, just another reader but I should be able to parse it to some degree.

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
    EPer:
  • I am not an expert, but here is my non-expert opinion of why the Pickens plan is not good:

    We can produce a lot of energy from solar and wind. There are two issues with this. One is transportation. The solution seems simple: build out a better power grid. The other problem is the intermittent nature of solar and wind sources. I see two solutions for this. One is improved battery technology. Will the technology improve enough to solve this issue anytime soon? Who knows. The other solution, which is technologically viable right now, is to use natural gas to fuel power plants to fill the wattage gap when solar and wind are not there. A gas powered plant is the only plant capable of starting and stopping for the short periods needed to fill the natural gaps in wind and solar production. So until battery or other storage technology vastly improves, massive gas-to-electric production is needed to get us off coal (the dirtiest fuel) for electricity. It makes no sense to me to divert gas to vehicle use when it has an indispensable role in electrical production if we want wind and solar to replace coal. If we can limit oil use to vehicles, that will go much further than what is being otherwise proposed.

    I am guessing that Pickens owns a lot of gas and is eager for any new uses that will drive up its price as fast as possible.

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
    EPer:
  • I couldn't catch it but something about the leak cannot be stopped and it would take 900,000 days or 24 years to run out, something like that. Plus Obama administration is busy blaming BP instead of pulling out all of the stops, right now, to stop the leak.

    Then there are scientists saying a bomb is the way to go to cause a massive cave in and plug up the leak. That sounds scary because how can one determine which way a cave in goes by just "dropping a bomb" on the area, couldn't that go the other way and make it worse?

    Reply to: The White House, Big Oil, and the "American Power Act"   14 years 5 months ago
    EPer:
  • Just a bit? I have no idea why the "Progressive" community believed Obama was one. I think it was desperation, which slipped into hysteria and denial because there was no viable candidate who was interested in doing the right thing across the policy board.

    Reply to: An Update on Financial Reform Legislative Shenanigans   14 years 5 months ago
    EPer:
  • "DARE TO HOPE" was the rallying call,and like minute-men we jumped to the polling places,partly out of disgust with the last administration (bush) partly because we believed that this man was concerned,intelligent and capable of,at least pointing this country in the right direction,but alas my "hopes" are being dashed on the rocks of despair. If I had one thing to yell on the highest mountain, "YOU ARE FAILING US MR. PRESIDENT!" Why is the OBAMA ADMINISTRATION so silent about financial reform? Why is the OBAMA ADMIN. against the,albeit audit of the FEDERAL RESERVE? Could you tell me why Senator Merckel and Levine are/were trying to get out of committee precious amendments that would give "hope" to REAL financial reform,the WHITE HOUSE is silent? Did you not promise to move on after the diluted HEALTHCARE REFORM bill and "tackle", in your words, FINANCIAL REFORM? IS THIS THE LEGACY YOU WANT TO LEAVE? What was wrong with the GLASS-STEAGAL ACT,MR. PRESIDENT? Do six banks run AMERICA? ARE WE AN OLIGARCHY? ARE YOU GOING TO SIGN INTO LAW THIS FINANCIAL BILL (it's not reform)? AT EXACTLY WHAT POINT DID YOU SELL OUT?

    Reply to: An Update on Financial Reform Legislative Shenanigans   14 years 5 months ago
    EPer:

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