BP Complaints

BP chief finds time for yacht race
BP CEO Tony Hayward has sparked outrage by taking a glitzy yacht race around England’s Isle of Wight.
Read more on Sky News Australia

BP Oil Spill: Is it time for the Pentagon to take over?
The BP oil spill relief effort lacks a clear command-and-control structure, senators said at a hearing Friday. Some suggest that greater Pentagon involvement would help.
Read more on The Christian Science Monitor

This is a short video of satellite images from NASA which was released May 27, 2010 of the BP oil spill, which began on April 20,2010 with the explosion of the Deep Water Horizon offshore drilling rig. All rights belong to NASA with this video falling under their open license with proper credits given. No alteration has been made to the NASA video and no money will be made from it. These stunning images show the enormity of the oil spill which is the largest in US history. This is our crude awakening. Support clean energy alternatives. Click on this link to sign the petition to stop offshore drilling. Let this be our crude awakening. Support clean energy! We need to have a Green Revolution! Sign the petition to say NO MORE OFFSHORE DRILLING! secure.avaaz.org svs.gsfc.nasa.gov
Video Rating: 5 / 5

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The company that owns the sunken Deepwater Horizon rig argued in federal court Tuesday that plaintiffs should not begin collecting evidence and testimony on the Gulf oil spill until the November deadline for claimants to file suit. Transocean Ltd. made it’s arguments in Houston after the federal court there accepted the company’s petition to limit it’s liability in the oil spill to less than million, the amount the company says the sunken rig is worth. US District Judge Keith Ellison made no rulings Tuesday, but he scheduled two more court dates for early June, noting he wants to focus on whether the suit should remain in Texas or move elsewhere and whether depositions should begin immediately. Mike Papantonio appears on The Ed Show on MSNBC to talk about some of the problems that the lawsuit is already running into.

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RIG CDS Market 500/550, +100bps On The Day, All Time Wides
Following yesterday’s announcement that the US has asked a federal judge in Houston to reject a bid by Transocean Ltd. to cap its liability in the explosion of the Deepwater Horizon and resulting spill at million, Transocean is literally falling apart. Its CDS level has surged by over 100 bps today, with a market so wide at 500/550 it may need a few HFT quants to narrow it. As we commented …
Read more on Zero Hedge

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It’s time to explore energy options other than oil
The oil wells just offshore at Summerland in 1915. Photo courtesy of G.H. Eldridge. During the 2008 presidential election, Americans heard the chant of “drill, baby, drill” intoned by politicians pushing our nation to tap into offshore and Arctic petroleum fields. With the Deepwater Horizon oil rig catastrophe now destroying the Gulf of Mexico’s fragile ecosystem, that mantra has turned into an …
Read more on The Gilroy Dispatch

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EMERGENCY.louisiana.gov.

Today marks only six days until the start of hurricane season. FEMA is working across the administration and with our state and local officials to be ready and earlier today I joined Homeland Security Secretary Napolitano, NOAA Administrator Dr. Lubchenco, Bill Read of the National Hurricane Center and five FEMA regional administrators to brief President Obama about our continuing efforts.

FEMA has been in regular contact with Governors, congressional delegations, and emergency managers in coastal states to ensure they have the tools and resources they need to prepare for, respond to, and recover from any potential hurricane impacts.

FEMA, the states, and local governments all have important roles, but the bottom line is – we can only be as prepared as the public is prepared. The fact is FEMA is only part of the team. State, tribal and local offices, the private sector, faith-based groups, non-profits, and most importantly, the general public, all have a role to play as well.

Families and business in coastal communities all need to take steps now to prepare for hurricane season – but because no one is immune from emergencies, you should take these steps to increase your preparedness whether you live in a hurricane-prone area or not.

They include putting together a communications plan, getting an emergency kit, and staying informed and following the instructions of local officials. Ready.gov is a valuable source of information on preparedness, with links for business and children as well.

FEMA also recently launched a mobile version of our website, which can be found at m.fema.gov, to give people quick access to the disaster information and tools on their smart phones.

This season there has also been a lot of questions on the BP oil spill. Our planning has certainly involved consideration of the effects that the BP oil spill could have on the response capabilities and recovery scenarios. But, the existence of the spill does not change FEMA’s initial priority during a response, which is to support the states and do everything possible to protect lives and property. And my message to the public is – whether or not we have an oil spill, if you have a major hurricane coming, you have to listen to the advice of your state and local officials, and if they tell you to evacuate, you need to evacuate.

Hurricane season officially starts June 1st. So now’s the time to get ready – get a family communications plan, put together an emergency kit, and pay attention to announcements and instructions from local officials. Being prepared will go a long way toward keeping your family safe this summer.

For more information on how to how your family can become better prepared, visit www.ready.gov.

Craig Fugate is the Administrator of the Federal Emergency Management Agency

White House.gov Blog Feed

Watch the Gulf of Mexico oil spill in real time
Can’t believe that the Deepwater Horizon oil pipe is still leaking? Now there’s a way to check for yourself
Read more on New Scientist

CFO SINK: MILLION COMES AT CRITICAL TIME
TALLAHASSEE—Florida CFO Alex Sink today called for an immediate infusion of Northwest Florida-specific tourism ads, now that a million tourism grant has been received from BP in response to the Deepwater Horizon Oil Spill causing considerable…
Read more on Washington County News / Holmes County Times-Advertiser