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Thread: Seahawk Drilling seeks bankruptcy, to sell assets

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    Obama is doing an awesome job fixing the economy.
    It's doing a lot better than when the GOP's Glorious Leader left it on 1/20/2009. And that's despite universal, shrill, and constant obstruction from Republicans. I call that a worthy achievement in two years. Ronald Reagan certainly doesn't match such a record.

    Quote Originally Posted by apdst View Post
    Who woulda thunk that killing private business would have been the quickest route to economic recovery?
    The people you elected in 2000 and 2004.

    Quote Originally Posted by apdst View Post
    Yeah, yeah, I know..."ol' evil oil companies!".
    Their reputation is well-earned.

    Quote Originally Posted by apdst View Post
    Look at it this way: the only folks hurt by this are the working folks, who no longer have jobs, because the evil profiteers are going to split up $105 million.
    Your reasoning is faulty. The oil industry hurts the economy as a whole over the long-term, which means oil industry jobs actually cost more jobs than they provide. If we were to apply your logic, then an industry that makes money by randomly shooting people on the street and picking their pockets should continue because shutting it down would cost the jobs of its secretaries and file clerks. Common sense dictates that an industry whose net economic impact is negative would better serve the working public by not existing at all than by being perpetually subsidized, as it's been for generations. People should have access to quality jobs and job training service, but then I've seen you oppose such programs as "socialism." The only possible interpretation is that you think the government shouldn't make economic decisions at all, which in turn means you don't think there should even be a government, because that's one of the things governments do - it's written in the Constitution that the government regulates interstate commerce, and no government on the planet abstains from involvement, because that would be moronic and pointless.

  2. #22
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    =Catawba;1059287651]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.
    okay so you only answer is to conserve, and let us just run out of it in 4 years, sorry to me that just doesn't sound like good policy.

    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 dare say that is the same thing that was said about subsidies that are ongoing today.

    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.
    Safety has nothing to do with the permitting process, that is done through inspections in the field, and no one is suggesting that building regulations be reduced, just that the permitting process be streamlined to allow plants to begin construction, the inspections and regulations can and should be enforced during the construction process.



    No, its a temporary incentive to help encourage the public to conserve and reduce CO2, the cause of GW at the same time.
    Then just put a product out their that the people want, the problem with electric cars, can't be fixed government hands outs, it's the public don't seem to like them.



    Congress passes laws not the president.
    okay.. so liberals still control congress ... pass a law, forcing people to buy electric cars, the president doesn't have any objection to forcing people to purchase things, as we have already seen.

    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.
    I would but it seems liberals have put a stop to drilling anyplace where there is oil .... but for arguments sake Let try opening up ANWR and see if any of the oil companies would bid on leases there.



    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.
    So ? and once again you are just making the case for drilling for our own oil, if we didn't need to import it .. .we wouldn't be fighting wars for it correct ??
    Last edited by The Barbarian; 02-16-11 at 02:39 PM.

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    Why aren't they developing all that green energy, if it's such a groovy idea?
    This administration has provided more funding for clean energy than any in history. It will not happen overnight. We probably shoudn't have waited 40 years to start you think?

    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?
    Because to big business, short-term profits are paramont to societal needs or the environment, in short, greed.
    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 The Barbarian View Post
    okay so you only answer is to conserve, and let us just run out of it in 4 years, sorry to me that just doesn't sound like good policy.
    What do you expect me to do about it? Carter had set up programs that would have had us independent of foreign oil today if Reagan hadn't scrapped it. If you want to blame someone, that is where the fault lies.





    Safety has nothing to do with the permitting process, that is done through inspections in the field, and no one is suggesting that building regulations be reduced, just that the permitting process be streamlined to allow plants to begin construction, the inspections and regulations can and should be enforced during the construction process.
    Sorry, but you don't know what you are talking about. I worked in pollution control and safety and environmental impacts feature prominently in the permitting process.

    Then just put a product out their that the people want, the problem with electric cars, can't be fixed government hands outs, it's the public don't seem to like them.
    The public, despite warning from both parties in the government, the oil companies themselves, and the military, remain largely ignorant of the coming turmoil resulting from peak oil. A carrot (tax credits) seems more appropriate encouragement than a stick (economic hardship) I believe.


    okay.. so liberals still control congress ... pass a law
    Democrats, not liberals, control one house of Congress.


    I would but it seems liberals have put a stop to drilling anyplace where there is oil ....
    Doesn't matter as the oil companies say it is not a solution.

    but for arguments sake Let try opening up ANWR and see if any of the oil companies would bid on leases there.
    Its not worth risking our largest natural wildlife reserve and global warming for one years worth of oil.
    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 washunut View Post
    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.
    A word comes to mind: fantasy.
    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.

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by Troubadour View Post
    It's doing a lot better than when the GOP's Glorious Leader left it on 1/20/2009. And that's despite universal, shrill, and constant obstruction from Republicans. I call that a worthy achievement in two years. Ronald Reagan certainly doesn't match such a record.
    Not because of anything that Obama has done. Plus, it's doing no better now, than it was a couple years ago.



    The people you elected in 2000 and 2004.
    And, what was the unemployment rate when the Republicans were running the show?



    Their reputation is well-earned.
    How so?



    Your reasoning is faulty. The oil industry hurts the economy as a whole over the long-term, which means oil industry jobs actually cost more jobs than they provide. If we were to apply your logic, then an industry that makes money by randomly shooting people on the street and picking their pockets should continue because shutting it down would cost the jobs of its secretaries and file clerks. Common sense dictates that an industry whose net economic impact is negative would better serve the working public by not existing at all than by being perpetually subsidized, as it's been for generations. People should have access to quality jobs and job training service, but then I've seen you oppose such programs as "socialism." The only possible interpretation is that you think the government shouldn't make economic decisions at all, which in turn means you don't think there should even be a government, because that's one of the things governments do - it's written in the Constitution that the government regulates interstate commerce, and no government on the planet abstains from involvement, because that would be moronic and pointless.
    Now, there's some faulty reasoning and totally unsupportable with any real facts.

    BTW, the unemployment rate in South Dakota is around 3%. Wanna guess why?
    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. #27
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by Catawba View Post
    This administration has provided more funding for clean energy than any in history. It will not happen overnight.
    Destroying our number one energy producing industry, not to mention the jobs that th oilfield produces is a stupid assed idea, in the middle of a depression.

    You do understand the government can't create wealth, right? That money has to come from the tax payers. It doesn't take a brain surgeon to realize that if you kill a particular industry, that's going to negatively effect tax revenues.


    We probably shoudn't have waited 40 years to start you think?
    Who waited? Research into alternate energy has been going on for that 40 years. Again, if it's such a great idea, why isn't the private sector dumping millions of dollars in investments into the industry?



    Because to big business, short-term profits are paramont to societal needs or the environment, in short, greed.
    No matter how much in tax revenues that greed creates. Right?
    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.

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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    Destroying our number one energy producing industry, not to mention the jobs that th oilfield produces is a stupid assed idea, in the middle of a depression.
    What are you talking about? Oil companies are making record profits! Peak oil is hurting jobs and the economy and you ain't seen nothing yet as to how bad it is going to get.

    Who waited?
    Google Reagan.

    Research into alternate energy has been going on for that 40 years.
    Not enough evidently.

    Again, if it's such a great idea, why isn't the private sector dumping millions of dollars in investments into the industry?
    And again, because to big business, short-term profits are paramont to societal needs or the environment, in short, greed.

    No matter how much in tax revenues that greed creates. Right?
    It started creating less and less when Reagan and Bush slashed the tax rate for the uber-wealthy. All it did was create a wider gap between the uber-wealthy and the middle class.
    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
    What are you talking about? Oil companies are making record profits!
    How is it bad for private companies to make a profit? Or, do you buy into the Obama school of thought that at some point, they've made enough money?


    Peak oil is hurting jobs and the economy
    No, government regulation is hurting jobs and the economy. Remember, it's the government that isn't issueing drilling permits.


    and you ain't seen nothing yet as to how bad it is going to get.
    Of course we haven't, because Obama isn't done cokcing things up.

    But, he's working on it...

    Great News! Obama to Impose New Fees on Energy Companies Who Can’t Drill Anyway Hot Air



    Google Reagan.
    Why isn't the private sector jumping all over something that is such an obviously awesome idea????



    Not enough evidently.
    What's, "enough"?



    And again, because to big business, short-term profits are paramont to societal needs or the environment, in short, greed.
    So, are you saying that businesses shouldn't be concerned with making money?



    It started creating less and less when Reagan and Bush slashed the tax rate for the uber-wealthy. All it did was create a wider gap between the uber-wealthy and the middle class.
    Is more class envy the only argument that you really have?

    How well do you think the middle class folks along the gulf coast are doing, since Obama started killing their jobs? Is this the, "hope-n-change", we were promised? Fewer jobs? Less money in our own pockets? If it is, then the American people got ripped off. Don't be mad when they finally boil over and do something crazy. Egypt might hit closer to home than you think.

    I can't imagine how someone, who supports a president that knwoingly killed jobs, can look at themselves in the mirror. That person must not have a job and can't understand what it's like.
    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. #30
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    Re: Seahawk Drilling seeks bankruptcy, to sell assets

    Quote Originally Posted by apdst View Post
    How is it bad for private companies to make a profit? Or, do you buy into the Obama school of thought that at some point, they've made enough money?
    When we subsidize them both directly and through debt for a war to increase their dwindling product reserves.


    This is nothing new. This has been a method of funding regulatory oversight through user fees rather than increasing public taxes. Which do you want? You can't have your cake and eat it too!

    What's, "enough"?
    How about when war is not required as part of our energy program?

    So, are you saying that businesses shouldn't be concerned with making money?
    No, I am saying that without sustainable energy, the economy will fail.

    How well do you think the middle class folks along the gulf coast are doing, since Obama started killing their jobs?
    Peak oil killed their jobs.
    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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