Deregulation: It’s a bad thing

Posted: 07/07/2010 in blogs, Conspiracy, environmental, what BP is doing

Dick Cheney’s deregulation agenda is the real (underlying) reason / cause behind the US oil spill by British Petroleum (BP) in 2010 off the coast of Louisiana in the Gulf of Mexico. Deregulation coupled with lax government oversight (lackies appointed by Dick Cheney at the helm) lead to the omission of key safety features and protocols, a free pass for drilling licenses, emphasis on profit over safety, and absolutely NO PLAN for containment of blowouts. In addition, the courts in the Gulf States, are completely stacked with Republican appointees (like Feldman) with major investments in or connections with BIG OIL (see last paragraph).

more on that: http://www.nytimes.com/2010/06/21/us/…

For example, George W Bush and Dick Cheney helped block a 2002/03 Bill that would have required the use of acoustic switches as a means to activate the blowout preventer (BOP).

Also, BP did not want to lose an oil well (by activating the BOP); this would have cost them future profit in addition to the costs for exploration and preparation of the well. This is most evident when you look at attempts in the first month and a half: all of the post-blowout efforts have been focused on SAVING the well; it was only after more than a month before BP attempted “TOPKILL”, which would have sealed the well.

Lastly, US District Judge Martin Feldman, who overturned the temporary drilling ban on June 22, owns investments in Ocean Energy (Houston-based), Quicksilver Resources, Prospect Energy, Peabody Energy, Halliburton, Pengrowth Energy Trust, Atlas Energy Resources, Parker Drilling and others. Feldman is also a REAGAN appointee, in 1983. Conflict of interest or institutional corporate control over public policy?

support to the above statements:
http://www.newsweek.com/2010/05/29/bl…
http://www.nytimes.com/2010/06/21/us/…

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Comments
  1. Deregulation: It?s a bad thing…
    Good article & well supported.

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