Newspaper logo  
 
 
Local Stories, Events

Ref. : Civic Events

Ref. : Arts & Education Events

Ref. : Public Service Notices

Books, Films, Arts & Education
Letters

Ref. : Letters to the editor

Health Care & Environment

04.18 'We Can Be Whatever We Have the Courage to See': New Video From AOC Envisions a #GreenNewDeal Future [7:35 video]

04.18 'Decades of denial': major report finds New Zealand's environment is in serious trouble

04.17 Thawing Permafrost Emitting Higher Levels of Potent Greenhouse Gas Than Previously Thought: Study

04.16 'That Backfired': Watch Bernie Sanders Counter Right-Wing Talking Point, Make Case for Medicare for All on Fox News

04.16 Cause of cancer is written into DNA of tumours, scientists find, creating a 'black box' for origin of disease

04.16 Scientists Unveil World's First Human Heart 3D-Printed From Patients' Own Cells

04.15 What It Was Like to Have a Baby in Sweden

04.14 'Shut the country down': British climate group Extinction Rebellion heads to US

04.13 With Youth Climate Actions Backed by Leading Experts, Latest Round of Protests Highlights Call for Bold and Urgent Action

04.11 Will You Rise Up for Climate Justice Next Week? Don’t Let Fatalism and Cynicism Hold You Back

04.11 300+ Groups to Congress: #GreenNewDeal 'Must Transform Our Food System and Revitalize Rural America'

04.10 Glaciers and arctic ice are vanishing. Time to get radical before it's too late [Willfully ignorant "conservatives" and corporately-bribed liberals diddle self-obsessively while life on earth dies]

04.10 Is there a beautiful, briny solution to the world’s clean water crisis?

04.08 'The perfect storm': hydrogen gains ground on LNG as alternative fuel [Good!]

04.08 Himalayan glaciers on the eve of destruction

04.08 Russia moves to free nearly 100 captive whales after outcry [Good!]

News Media Matters

04.12 DOJ Charging Docs: Julian Assange Committed Journalism

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'

04.18 Top Democrats Accuse Barr of 'Acting to Protect Donald Trump' Ahead of Mueller Report Rollout

04.18 Bernie Sanders 'Raises the Bar Even Further' on Climate With Vow to Ban Fracking, All New Fossil Fuel Projects [Mindlessly killing ourselves must stop]

04.16 How Progressives Can Fix the Progressive Income Tax

04.16 Why the US Elected a Despot, and Why It's Poised To Do It Again

04.16 'This Is a Big Deal': Warren Vows to Ban New Leases for Fossil Fuel Drilling Offshore and on Public Lands

04.15 'We're not a dump' – poor Alabama towns struggle under the stench of toxic landfills

04.15 Bernie Sanders Accuses Liberal Think Tank of Smearing Progressive Candidates

Justice Matters
High Crimes

04.17 'Shameful': With Millions on Brink of Famine in Yemen, Trump Vetoes Resolution to End US Complicity

Economics & Corrupt Capitalism

04.17 A Path to Democratic Socialism Means a Path To Climate Justice

04.12 Socialism for the Rich, Capitalism for the Rest [4:30 video]

04.09 Neoliberalism promised freedom – instead it delivers stifling control [Walmartization]

04.09 Wall Street loves socialism for bankers – but not for ordinary people

International & Futurism

04.18 Half of England is owned by less than 1% of the population

04.18 Britain will have its second referendum – at the EU elections on 23 May

04.18 Hypocrisy without borders: the pomposity of Ivanka Trump’s trip to Africa

04.16 Our Zero Emission Future [Be smart or life dies]

04.16 'The Time for Excuses Is Over': Extinction Rebellion Protests Shut Down European Cities

04.16 The Trump-Netanyahu Alliance

04.15 The Guardian view on Extinction Rebellion: one small step

04.15 Only rebellion will prevent an ecological apocalypse

04.15 Thousands join Extinction Rebellion protests across London

04.15 Fear and despair engulf refugees in Libya's 'market of human beings' [EU policy should more directly minimize factors creating immigration. Essential infrastructure projects and jobs are desperately needed for villages in poverty, most especially including renewable energy, clean water and waste managment.]

We are a non-profit Internet-only newspaper publication founded in 1973. Your donation is essential to our survival.

You can also mail a check to:
Baltimore News Network, Inc.
P.O. Box 42581
Baltimore, MD 21284-2581
Google
This site Web
  Thinking About Oil

COMMENTARY:

Thinking About Oil

by Fred Cederholm
From day one, BP was mixing massive quantities of a highly toxic dispersant (Corexit EC9527A --- 30-60% 2-Butoxyethanol by weight) into the crude gusher one mile below the surface. This would not cause the leaked oil to go away, but it would keep it a few feet under water for a couple of months....

I’ve been thinking about oil. Actually I’ve been thinking about the Gulf oil disaster, a sudden up tick in media events, “developments,” spin, BP and the Beverly Hillbillies. We are now at almost sixty days (or two months) of Horizon Deepwater’s spewing its vile venom into the Gulf of Mexico. I call it “vile venom” because the oil is flowing pretty much unrestrained into the pristine waters of the Gulf. The Gulf waters around the offshore rigs were hardly pristine, but the word suits the mood now and besides it makes for more sensationalism. Word choice doesn’t help the pelicans, the dolphins, the shrimp, or the whales, but it sure jazzes up the copy on the Teleprompters and in the news stories.

You see we are deeply in a tarry sludge and the depth and severity of the problems worsen by the day. There is literally no end in sight. I know that the problem is NOT subsiding by what we are being selectively told in the press releases. We now even have a moratorium on all flights (except for military and oil company planes) over the offshore drilling zone. The bulk of the Gulf fishing fleet is confined to port. This is no accident either as neither BP nor the Obama Administration wants the public to see the extent of the growing sub surface orange colored goop which is now making landfall --- or at least congregating in massive pools just offshore from Louisiana, Mississippi, Alabama, and Florida.

The problem is bad and visible enough that environmental groups are now flying kites with cameras from the beaches to get aerial images. From day one, BP was mixing massive quantities of a highly toxic dispersant (Corexit EC9527A --- 30-60% 2-Butoxyethanol by weight) into the crude gusher one mile below the surface. This would not cause the leaked oil to go away, trust me, but it would keep it a few feet under water for a couple of months which is all both BP and Uncle $ugar wanted at the time. The Corexit is far more toxic to marine life than the crude it is “dispersing.” Now that the oil and chemical sludge is reaching our shorelines, more spin and “explanations” are desperately needed. It won’t help..., but it takes the focus away from the real problems and issues --- that is if the “explanations” appear credible, and are in point of fact true and honest.

President Obama made his fourth pilgrimage to the Gulf Coast on Monday. He will return to DC on Tuesday and host his first televised infomercial about this Gulf Chernobyl on Tuesday evening. Later in the week, he will have his first face-to-face with BP executives. He needs to have similar summits, with the poobahs from Halliburton, and Transoceanic as well. The BP executives will once again be paraded before a Congressional committee. Just what will all this accomplish? Not much!!! Still there will be the perception that something is being done and that our government is in control. Remember that this is an election year!!! Will we be told that the mega MILLION gallon “leak” will be contained shortly, that we won’t see progress until August, that a shut down won’t occur until after Christmas, or that the fix will not occur until next March? In the doomsday scenario, the leaking won’t stop until the field plays out. By that time, the slick will have crossed the Atlantic and the Brits will be singing about the “orange” cliffs of Dover. I doubt we will be told that the nuclear option of exploding a “clean” nuclear bomb on the site is now on the table and is being heavily debated? Or... will we be told of a BP bailout by Uncle $ugar (meaning the American taxpayers)? Any leaks and spin are possible at this point.

BP is a huge company --- # 3 of the global energy giants. Their nnual sales approach a quarter TRILLION, and the profits (after selected preferential accounting treatments) approach $17 BILLION. BP’s brands include BP, Arco, AMPM, Castrol, Aral, and Wild Bean Café. Don’t forget that is was only a few years back that BP took over Amoco Oil, the last surviving full blow operating component of the Standard Oil behemoth of John D. Rockefeller’s “creation.” BP is in working partnerships with too many corporations to even list. Then too, we have NOT been told what BP pays to the US each year in its leasehold fees, its true political contributions, and its total lobbying efforts. The costs of the Horizon nightmare will run in the mega BILLIONS. The current guestimate of $23 BILLION will not even be close. We will know how gargantuan the amount is when they tell us a BP bankruptcy is in the works, or that Uncle $ugar is putting together a bailout. Meanwhile Exxon, and Royal Dutch Shell are salivating...

Oil is a critical component of what “drives” this nation. Like it or not, we need a steady and economic flow of crude oil and distillates to get, and to keep our US economy moving. As a child I watched the Beverly Hillbillies TV show and even memorized the opening song. We appear to need to update the lyrics: “Oil that is... Black Gold, Texas Tea, and (now) Gulf Sludge.”

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.


Copyright 2009 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at asklet@rochelle.net.



Copyright © 2010 The Baltimore News Network. All rights reserved.

Republication or redistribution of Baltimore Chronicle content is expressly prohibited without their prior written consent.

Baltimore News Network, Inc., sponsor of this web site, is a nonprofit organization and does not make political endorsements. The opinions expressed in stories posted on this web site are the authors' own.

This story was published on June 14, 2010.

 

Public Service Ads: