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Thread: Seahawk Drilling seeks bankruptcy, to sell assets

  1. #11
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by spud_meister View Post
    You must have missed this part of the article.

    While only 34 of the 125 rigs in the Gulf are actually working
    Wanna guess why those rigs are idle?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  2. #12
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by Catawba View Post
    Obama inherited the recession and reversed its course. Additionally, he has proposed 8 billion in funding for clean energy research and deployment in his 2012 budget by slashing subsidies for fossil fuels such as oil, gas and coal. We don't have another 20 years before the world hits peak oil, the Military is estimating we have about 3 years.
    Barack Obama 2012 budget provides $8bn for clean energy | Environment | guardian.co.uk
    OMG! Not that talking point...again.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #13
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by washunut View Post
    Remember the president does not expect to carry your state. So what does he care if he loses it by more votes. Unless those workers join the SEIU and promise to vote for Obama they can rot as far as he cares.
    At some point, he's got to start worrying about how many votes from other states he'll lose over this.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  4. #14
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    OMG! Not that talking point...again.
    Let me weigh this out. I can believe the military, the world's geologists, and the oil companies, or I can just take Apdst's word for it.

    I think you know which way I gotta go soldier.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by Catawba View Post
    The short term answer is to do what conservatives are not known for doing......................conserve.



    Yes, he is paying for a program to enhance long-term energy solutions by cutting programs that have led us to a dependency of a declining energy supply that can only be maintained with war.



    Only if your don't consider sustainable energy to be preferable to non-sustainable energy.



    If we were not in a crisis situation I might be more inclined to agree with you. Here is what is budgeted for clean energy -

    "the Department of Energy (DOE) budget calls for $36 billion in new loan guarantee authority for the nuclear power industry, which combined with existing authority could help get six to eight plants built."

    "the White House proposes spending some $8 billion on clean energy-related topics, spread among a wide range of programs. A big chunk, some $3.2 billion, would go to energy efficiency and renewable energy programs. Nearly $600 million would fund investment in vehicle technologies.

    The president’s budget also proposes spending $550 million on ARPA-E, the Advanced Research Projects Agency-Energy, which provides seed money to cutting-edge technologies in the hope of spurring private investment and, ultimately, groundbreaking innovation. The program was funded with $400 million in Recovery Act money in 2009, but has been running on empty since then.

    As previously revealed, the president is looking for $8 billion in the coming year to help push forward on a planned high-speed rail network that would cost $53 billion over six years, and the budget also makes way for turning a $7,500 electric-vehicle tax credit into a rebate."
    Obama Budget Looks To Boost Clean Energy | EarthTechling



    Conserve.




    The main downside is that we haven't had the capacity to supply our own needs since 1971. Drill baby drill is just a campaign slogan. The oil companies admitted this in their Energy Task Force Report.

    Even if tomorrow we were magically able to reduce consumption by 25%, that would stretch that peek oil out to what 4 years? Then what … conserve more? If that is your only answer to the problems we face today, we are in deep sh*t.

    Either subsidies are a good thing, or they are a bad thing, you can't have it both ways, because 25 years down the road, there will be those big evil sustainable fuel companies still getting subsidies, just as the big evil oil companies are now. From your response you are for subsidies, you just don't like the oil companies.

    I'm all fore nuclear plants, I believe most conservatives have been for quite some time. Perhaps if this administration was really for them, they would figure out a way of cutting the red tape that a company has to go through to get permits to begin construction, I think I've read somewhere where it takes between 3 and 5 years to just get a permit.

    It's nice to see that you are really for increasing subsidies, now to include the auto companies, putting a $7.500 rebate on the tax payers shoulders, is really nothing more then another subsidy now isn't it?
    Perhaps a better idea, with this administration, would be to just pass a law forcing people to buy electric cars, or face fines imposed by the IRS.

    As for the high speed rail, I'm not even going to get into that, one only needs to look at Amtrak to see how well our government handles such things. I believe Amtrak only lost a billion dollars last year, and that was considered one of it's “better” years.

    The oil companies, only need the price of oil to stay above 75 dollars a barrel, to make it profitable to drill for oil right here in the USA, the new drilling technology they have now allows them to drill more effectively on land. Could drill baby drill be effective in reducing our need of oil imports, of course it would, to say otherwise is just a bald face lie. Would we be completely off foreign oil, I highly doubt it.

    However unless I'm missing something, tell me how conserving is going to give us more jobs then drilling would? As I said and stand by, I fail to see a downside in drilling, and you have yet to show one either.

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by Catawba View Post
    Let me weigh this out. I can believe the military, the world's geologists, and the oil companies, or I can just take Apdst's word for it.

    I think you know which way I gotta go soldier.
    I guess the reason all those oil companies want to drill for oil, is because we've runned out? Wanna try again?

    Be sure and let us know when all thos awesome ass green jobs are available. Folks need to go to work.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  7. #17
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by The Barbarian View Post
    Even if tomorrow we were magically able to reduce consumption by 25%, that would stretch that peek oil out to what 4 years? Then what … conserve more? If that is your only answer to the problems we face today, we are in deep sh*t.
    Yep, that is why the military issued the warning. Its not like this just slipped up on us. 1971 was the last year we were able to produce as much oil as we consumed.

    Either subsidies are a good thing, or they are a bad thing, you can't have it both ways, because 25 years down the road, there will be those big evil sustainable fuel companies still getting subsidies, just as the big evil oil companies are now. From your response you are for subsidies, you just don't like the oil companies.
    I am not for subsidies, I am for funding for R&D, and tax credits for utilizing energy saving manufacture, both temporary to jump start our clean energy efforts.

    I'm all fore nuclear plants, I believe most conservatives have been for quite some time. Perhaps if this administration was really for them, they would figure out a way of cutting the red tape that a company has to go through to get permits to begin construction, I think I've read somewhere where it takes between 3 and 5 years to just get a permit.
    This administration just put more in the budget for nuclear power than any president in history. We've seen the kind of environmental disasters that occur when safety considerations are ignored. Our lack of planning for the last 40 years does not give us justification to put the environment at further risk.

    It's nice to see that you are really for increasing subsidies, now to include the auto companies, putting a $7.500 rebate on the tax payers shoulders, is really nothing more then another subsidy now isn't it?
    No, its a temporary incentive to help encourage the public to conserve and reduce CO2, the cause of GW at the same time.

    Perhaps a better idea, with this administration, would be to just pass a law forcing people to buy electric cars, or face fines imposed by the IRS.
    Congress passes laws not the president.

    As for the high speed rail, I'm not even going to get into that
    Me either.

    The oil companies, only need the price of oil to stay above 75 dollars a barrel, to make it profitable to drill for oil right here in the USA, the new drilling technology they have now allows them to drill more effectively on land. Could drill baby drill be effective in reducing our need of oil imports, of course it would, to say otherwise is just a bald face lie. Would we be completely off foreign oil, I highly doubt it.
    Knock yourself out. The oil companies have said it ain't happening, but go ahead and get your rig out there and see what you can do.

    However unless I'm missing something, tell me how conserving is going to give us more jobs then drilling would? As I said and stand by, I fail to see a downside in drilling, and you have yet to show one either.
    Ask the Chinese who are taking over as the leader in the manufacture of alternative energy technology while we continue to rely on a depleting resource while our economy drowns in debt for wars to keep the oil supply flowing to us.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    I guess the reason all those oil companies want to drill for oil, is because we've runned out? Wanna try again?
    The oil companies seek profits. As long as we are stupid enough to pay ever increasing prices for an ever diminishing product, they are happy to rake in the record profits they are making. You wanna try again to prove that we have produced more than we consume for any of the last 40 years?

    Be sure and let us know when all thos awesome ass green jobs are available. Folks need to go to work.
    You better hope there are "thos awesome ass green jobs" when the oil based economy starts going down the tubes.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  9. #19
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by Catawba View Post
    The oil companies seek profits. As long as we are stupid enough to pay ever increasing prices for an ever diminishing product, they are happy to rake in the record profits they are making. You wanna try again to prove that we have produced more than we consume for any of the last 40 years?
    Why aren't they developing all that green energy, if it's such a groovy idea?


    You better hope there are "thos awesome ass green jobs" when the oil based economy starts going down the tubes.
    If green energy is such a great idea, why isn't the private sector rushing to invest in it's production and creation of a market?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  10. #20
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    At some point, he's got to start worrying about how many votes from other states he'll lose over this.
    Just yesterday I heard Joe S. from MSNBC. Using his base he is jut about assured of victory as long as he holds it together. So he does not have to worry about picking up or losing a few states.

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