Update on: Gulf Of Mexico 'Oil Chaos' Planned? 6-5-10 "Majority Leader Harry Reid (D-Nev.) is calling on the Senate's key committee leaders to come up with a comprehensive energy strategy by July 4, accelerating the push for legislation in wake of the worst oil spill in American history." [see post]
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Deep-Water Drilling Ban Lifted by Salazar
U.S. Interior Secretary Ken Salazar lifted the Obama administration’s ban on deep-water drilling, citing new safeguards intended to prevent a repeat of BP Plc’s oil spill in the Gulf of Mexico.
The new rules will add $183 million a year to the cost of drilling on the Outer Continental Shelf, the Interior Department said in a notice to be published Oct. 14 in the Federal Register. The rules will add an extra $1.42 million in costs for each new deep-water well that uses a floating rig. Shallow-water wells will cost an extra $90,000.
Today’s move is only one step on the road to restarting the deep-water drilling industry, said John Hofmeister, chief executive officer for Citizens for Affordable Energy and a former executive at Royal Dutch Shell Plc.
“We’re now headed into phase two, which is a period of regulatory uncertainty,” Hofmeister said today in an interview in Houston. “We’re a long way to go yet, and the economic uncertainty in the Gulf Coast is still, I think, a huge issue.”
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re: "new rules...phase two...regulatory uncertainty"
As the next disaster act, 'Mortgage Market Meltdown 20-10', is ready to take center stage, the BP oil-spill 'chaos' has achieved it's primary goals and will now proceed behind the scenes with "phase two". New rules have been enacted but no one really knows exactly how things will go. This is what is being called "regulatory uncertainty". The same thing was said a few months back concerning the recently passed 'financial reform' bill: "The shape of the reform won't be known until the regulators have spoken." here
What is known though is that, in less than six months, due to the 'spill-chaos', the NWO/Feds have managed to turn the Gulf oil industry completely on it's head and put a stranglehold on it. They have assumed dictatorial power over the industry, in other words. All done in less than six months.
As the article points out, this is only one step. The draconian 'CLEAR Act' [see below] is still sitting in the Senate, most likely being held back until after the November elections. It is "regulatory uncertainty" on steroids. While the little guys may find themselves being squeezed out in these first stages of implementation, the globalists still have only one goal which is the elimination of oil altogether. It must happen so they can control their slave populations.
***
Deep-Water Drilling Ban Lifted by Salazar
U.S. Interior Secretary Ken Salazar lifted the Obama administration’s ban on deep-water drilling, citing new safeguards intended to prevent a repeat of BP Plc’s oil spill in the Gulf of Mexico.
The new rules will add $183 million a year to the cost of drilling on the Outer Continental Shelf, the Interior Department said in a notice to be published Oct. 14 in the Federal Register. The rules will add an extra $1.42 million in costs for each new deep-water well that uses a floating rig. Shallow-water wells will cost an extra $90,000.
Today’s move is only one step on the road to restarting the deep-water drilling industry, said John Hofmeister, chief executive officer for Citizens for Affordable Energy and a former executive at Royal Dutch Shell Plc.
“We’re now headed into phase two, which is a period of regulatory uncertainty,” Hofmeister said today in an interview in Houston. “We’re a long way to go yet, and the economic uncertainty in the Gulf Coast is still, I think, a huge issue.”
-----------------------------------------------------
re: "new rules...phase two...regulatory uncertainty"
As the next disaster act, 'Mortgage Market Meltdown 20-10', is ready to take center stage, the BP oil-spill 'chaos' has achieved it's primary goals and will now proceed behind the scenes with "phase two". New rules have been enacted but no one really knows exactly how things will go. This is what is being called "regulatory uncertainty". The same thing was said a few months back concerning the recently passed 'financial reform' bill: "The shape of the reform won't be known until the regulators have spoken." here
What is known though is that, in less than six months, due to the 'spill-chaos', the NWO/Feds have managed to turn the Gulf oil industry completely on it's head and put a stranglehold on it. They have assumed dictatorial power over the industry, in other words. All done in less than six months.
As the article points out, this is only one step. The draconian 'CLEAR Act' [see below] is still sitting in the Senate, most likely being held back until after the November elections. It is "regulatory uncertainty" on steroids. While the little guys may find themselves being squeezed out in these first stages of implementation, the globalists still have only one goal which is the elimination of oil altogether. It must happen so they can control their slave populations.
Ordo ab chao. Oil elimination phase two has begun.
see: H.R. 3534 - The 'CLEAR Act': Globalists Push Onerous 'Oil Spill' Response Bill Through House 8-1-10
[follow links, connect dots]
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PSALMS 1:6 'For the LORD knoweth the way of the righteous: but the way of the ungodly shall perish'
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PSALMS 1:6 'For the LORD knoweth the way of the righteous: but the way of the ungodly shall perish'
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