1. The Turtle08/13/2006 02:36:50 AM
What do you mean, "finally started my blog?" I've been writing online for nine years and a month; you guys only recently became aware of it because I did it here... I have millions of words out there in various places over the years, pretty much in the same vein as this. I predate the word "blog." When I started, the term was "net.diarist" and there were only a few hundred of us in the world. It was July, 1997. Long time now.
2. Devin Olson08/10/2006 08:12:42 PM
By the way Turtle; I'm really glad you finally started your blog.
3. The Turtle08/09/2006 12:17:34 AM
True, but the real solution is, "competition with oil," not AMONG oil.
In other words, alternative energy!
4. Richard Schwartz08/08/2006 05:28:03 PM
The root of the problem is that oil companies are not penalized when their own problems, lack of foresight or failure to invest causes a shortage of supply. Their profits just go up because their costs go up and they, and everyone upstream from them, maintains their percentage margins, bringing up their absolute margins. It does not take an economic genius to understand that there is only one circumstance in which this can happen: inadequate competition. The mega-mergers and vertical integration throughout the industry never should have been allowed. We are going to be paying for it for years unless something is done.
5. Wild Bill08/08/2006 04:07:42 PM
In their defence, crude is pretty nasty stuff. Lots of sulphurs, large pressure, etc.
Granted, the sodding maintenance should have been done, etc. but its not as simple as running alongside the pipe with an open set of nostrils...
Course, the Bush administration isnt going to go medevial on "Big Oil"'s ass, is it...
6. Debbie08/08/2006 02:44:05 PM
Yeah, seems to me the timing of that with BP is a little questionable. And exactly how long have they known there was a problem? *sigh* Or maybe it was one of those instant corrosions!