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Old 06-24-2010, 08:17 AM   #11
nhgunnut
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I am not defending this judge,but the majority of people that have something other than social security as part of their retirement plan have at least some investment in oil companies, banks and health insurance companies. SO I love it when these self righteous morons rant against big companies THEY have invested in through their 401K or other brokered investment.
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Old 06-24-2010, 10:08 AM   #12
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The stop order on offshore drilling is logical considering the information on equipment and practices that came out of the current shennanigans.

With the enviromental and economic impact of the current mess at both the local and national scales, I'd rather a stop order be issued so that other operations could be reviewed rather than...

"Hey guys, yall keep doing what yer doing...we'll be around soon to check ya out"

When a plane blows because of a defective part or design, you ground the whole fleet so you can inspect them.
You don't keep em flying because grounding will hurt the industries stock price.
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Old 06-24-2010, 10:29 AM   #13
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Seems pretty logical to me too. Since there are a finite number of companies involved, several of which have been implicated in this fiasco, it seems only smart to call a moratorium and check that existing regulations are actually being followed.
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Old 06-24-2010, 10:33 AM   #14
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That would make sense, if any regulations were broken or even being checked.
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Old 06-24-2010, 10:37 AM   #15
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That would make sense, if any regulations were broken or even being checked.
I don't know about regulations, but I have seen at least 3-4 articles talking about questionable engineering decisions on that rig.
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Old 06-24-2010, 10:46 AM   #16
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Weren't they required to have preventers in place that would have stopped the natural gas release, that caused the initial explosion?
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Old 06-24-2010, 10:52 AM   #17
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They had a BOP. Its what is still on the ground.

The decisions came with applied permits the government approved.
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Old 06-24-2010, 11:10 AM   #18
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Quote:
Originally Posted by pauldun170 View Post
The stop order on offshore drilling is logical considering the information on equipment and practices that came out of the current shennanigans.

With the enviromental and economic impact of the current mess at both the local and national scales, I'd rather a stop order be issued so that other operations could be reviewed rather than...

"Hey guys, yall keep doing what yer doing...we'll be around soon to check ya out"

When a plane blows because of a defective part or design, you ground the whole fleet so you can inspect them.
You don't keep em flying because grounding will hurt the industries stock price.
Pretty much.
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Old 06-24-2010, 11:16 AM   #19
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Quote:
Originally Posted by pauldun170 View Post
The stop order on offshore drilling is logical considering the information on equipment and practices that came out of the current shennanigans.

With the enviromental and economic impact of the current mess at both the local and national scales, I'd rather a stop order be issued so that other operations could be reviewed rather than...

"Hey guys, yall keep doing what yer doing...we'll be around soon to check ya out"

When a plane blows because of a defective part or design, you ground the whole fleet so you can inspect them.
You don't keep em flying because grounding will hurt the industries stock price.
From what I have seen there has mostly been speculation about what happened. We know the blow-off preventer valve failed. There isn't much information beyond that. I suspect there will not be much more information about this specific failure until the valve can be brought up from the bottom months, if not years, from now.

For your airplane comparison, look at TWA 800. It blew up and killed 230 people. There was immediate grounding of 747s as a result. No recommendations were made about the fleet by the NTSB until their final report was released 4 years later. Aircraft fleets are usually not grounded unless there is an identified fault known to affect the whole fleet that poses an immediate danger if not fixed. I don't see all deepwater drilling being at that level.
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Old 06-24-2010, 11:25 AM   #20
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In the aviation industry they will ground an entire fleet precisely to determine IF a common fault exists.
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