Although there has been numerous discussions here on ATS, and in the
MSM on this Gulf disaster, it seems like everyday, more new information comes to light. There is, as one poster said in a topic thread, too much
information, scattered everywhere to keep up. I think that ATS has taken a great step forward to help alleviate that problem by consolidating the
threads into their own new forum, Deepwater Disaster, for which I, and I am sure others, are grateful for.
Granted some "new" information is "old news" to others; that's always going to be the case as we have members from all over the world, and new
members joining all the time who are eager to share their own experiences or questions about this disaster with different levels of experiences and
knowledge about this situation.
So I am starting this as a new thread, which I will add to as items become available, that are short snippets of info with the sources listed, versus
starting all new threads each time I run across something that may be of interest, but not really necessary to start a whole new thread about. Of
course I will start threads on this topic and others as in the past, if the information in my opinion is very significant, but will try to do some
consolidation of information as possible, for whatever that is worth.
Anyone of course is free to add any comments to this thread at any time, as is true on all threads on ATS.
Having said that, I will start off with a few tidbits:
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Misc. Information :
"Federal law allows agencies to suspend or bar from government contracts companies that engage in fraudulent, reckless or criminal conduct. The
sanctions can be applied to a single facility or an entire corporation. Government agencies have the power to forbid a company to collect any benefit
from the federal government in the forms of contracts, land leases, drilling rights, or loans.
The most serious, sweeping kind of suspension is called "discretionary debarment" and it is applied to an entire company. If this were imposed on
BP, it would cancel not only the company's contracts to sell fuel to the military but prohibit BP from leasing or renewing drilling leases on federal
land. In the worst case, it could also lead to the cancellation of BP's existing federal leases, worth billions of dollars."
Source:
gcaptain.com...
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In 2006 a report was prepared under contract between the Minerals Management Service (MMS) and Louisiana State University’s Center for Energy
Studies. It is a very long report at 134 pages, but a comprehensive one entitled: "Capital Investment Decision Making and Trends: Implications on
Petroleum Resource Development in the U.S. Gulf of Mexico", which gives an inside view on how the oil industry operates in the Gulf.
Source:
www.gomr.mms.gov...
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[edit on 16-6-2010 by manta78]