Hot dog! JOBS!

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Interesting-

BP, the biggest oil producer in the U.S. and biggest leaseholder in the Gulf of Mexico, has a 62 percent working interest in the block, while Brazilian state-controlled Petrobras

owns 20 percent and U.S. oil major ConocoPhillips owns 18 percent.


Maybe O ain't such a gullible socialist after all

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The Greenies will explode!

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“Quod scripsi, scripsi"

“Serpent's breath, charm of death and life, thy omen of making!”

I'm a Green.

Now, correct me if I'm wrong, but isn't BP a "British" company?

Not sure exactly what you're getting at. BP is an international company: allows me to believe this multi-national is truly a multi-national. You seem to think that only British people own it, that only British people work for it, and that it's like the Russians or Venezuelans staking a claim to oil. Luckily, we and the Brits haven't NATIONALIZED. Methinks you have no idea how private international corporations operate in the least bit.

Furthermore, and on a good note:

Sounds like good long-term news.

and

Deep sea exploration by non-nationalized oil firms is certainly still an important, integral piece toward our gradual transition toward more renewable energy sources. We should all admit this..., and not merely keep burying our heads in the sand of 'no more drilling' and 'carbon taxes on only the developed countries, wimply compliant'.

Cap and trade is dead in the water!

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Dudes ... you're just NOT THAT MUCH ****ING SMARTER than all of us. GET OVER YOURSELVES!
-- Me, to President Obama and the rest of his self-loving amateur staff.

Like people who decide to get drunk instead of pay the rent, then get a reprieve from the land lord and in 30 days just get drunk again?

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Have you ever been there? It is beautiful.

Oh, c'mon.

You started this by trumpeting more jobs.

Surely you weren't drunk.

I'm simply saying that there is value to continued oil exploration and that WHOO-HOO, this means good things (in your opinion, jobs).

I even stated that this was a good thing (like YOU did) and opined that it would help ease our way into more renewable sources of energy.

I simply don't understand why you are attacking me.

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Dudes ... you're just NOT THAT MUCH ****ING SMARTER than all of us. GET OVER YOURSELVES!
-- Me, to President Obama and the rest of his self-loving amateur staff.

I agree with the rest of your previous statement. But...

Made me stop and think, we should use this as a reprieve and still march forward to renewables. Maybe this will help us get our house in order that way. I just hope the government and our citizenry use the same caution.
Texas is boom bust boom bust. And that's OK as long as there's something further to boom about. I guess I'm just a nervous Nelly.

This won't affect the economy in any region for 5 more years, but it is good news and I shall refrain from dark thoughts for now.

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Salty,

I don't think cap and trade, or rather, the 'KYOTO' system, is a good idea.

I simply oppose it because it penalizes industrialized countries only. It taxes only those countries WILLING to abide by it.

Passing taxation like this is silly and not productive.

Russia, India, South America, and China benefit, Europe and North America suffer.

What's the point other than to essentially GIVE them more of a competitive advantage?

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Dudes ... you're just NOT THAT MUCH ****ING SMARTER than all of us. GET OVER YOURSELVES!
-- Me, to President Obama and the rest of his self-loving amateur staff.