View Full Version : Progress Parade - Oil
This is priceless...
06-12-2010, 09:16 AM
Interesting research. THat must explain why the oyster production over the last twenty years has been so bountiful. We are raising "Super Oysters";-)
Actuallly, the biggest thread in the past to oyster fishing is the lack of the replentishing nutrients in the Ms Rivers spill in the delta. Just another reason why it was decided several years ago that the lower river, below New Orleans needed to have the levees perforated at key points. That and the fact that it is helping to replentish the silt deposits building more marsh.
So, what do you think about this then?
BRINKLEY: There are three things…going on. One is close that well…capture as much oil as you can, keep the pressure on BP on the relief wells. Second is immediate cleanup. And I think more can be done by the Obama administration…But I think the big third piece is coming, when President Obama comes to Florida and Alabama and Mississippi, and that is holding BP responsible for the Natural Resource Damage Act, for the Oil Spill Response Act. And, by that, I mean BP is going to end up paying somewhere from $10 billion to $15 billion, maybe even $20 billion, because they’re going — one of the only ways to save the Louisiana wetlands is going to be — you know, the Mississippi River has been channelized for navigation.
Well, now the Mississippi River has to be redirected. It’s going to have to be flooded and sediment pumped into these marshlands to save it. I think the Obama administration…
COOPER: So, no, wait. No, wait. Doug, is this just a hope on your part?
COOPER: Or — I mean, I know you have been talking to sources. Do you believe this is actually going to happen?
BRINKLEY: Yes. Yes. It’s one of the reasons why the president is not talking to Tony Hayward. And they are going to come out with a large Gulf recovery act, because the oil and gas industry has been dredging. We have disappearing barrier islands. For 40 years down there, it’s abused the wetlands.
This is a turning point. There is an appetite on Capitol Hill for Gulf recovery act. The Mississippi River is going to have to be redirected into the marshlands. And BP and Transocean and other, you know, operations, Cameron, other companies are going to have to pay up to $10 billion and $15 billion for breaking national acts.
In addition, for offshore drilling in the Gulf, Anderson, there will be a conservation excise tax that, yes, there will be offshore drilling, but Louisianians will start getting some of the revenue to stay in state.
06-12-2010, 12:01 PM
typical democrats, never let an event pass without recomending more taxes
06-12-2010, 12:12 PM
The new royality agreement of 35% was agreed before this incident, so that we could begin coastal reconstruction, the perforation of the levees and other projects.
BP has 300 billion in assets. If this cost 20 billion, so be it! I may have to look at buying thier stock in a few months.;-)
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