Sunday, May 2, 2010

Obama Comes to See Oil Spill Damage, Halliburton Under Fire

Each day a new detail comes out about the Gulf of Mexico oil spill that either makes up weep or scream foul. As investigators attempt to uncover how the explosion happened last month that's resulted in not only deaths but in more than 200,000 gallons of oil flowing into the Gulf each day, eyes have been on BP's management of the crisis and also failure of the blowout preventer provided by Deepwater Horizon/Transocean. That's the company that supplied the oil rig to BP.

However, the Wall Street Journal reports that part of the oil rig that Halliburton Co. built may share blame in the rig's malfunction.
An oil-drilling procedure called cementing is coming under scrutiny as a possible cause of the explosion on the Deepwater Horizon rig in the Gulf of Mexico that has led to one of the biggest oil spills in U.S. history, drilling experts said Thursday.

... The scrutiny on cementing will focus attention on Halliburton Co., the oilfield-services firm that was handling the cementing process on the rig, which burned and sank last week. The disaster, which killed 11, has left a gusher of oil streaming into the Gulf from a mile under the surface. (WSJ)
The Huffington Post says it was the first media outlet to raise the Halliburton flag in this article, "Big Oil Fought Off New Safety Rules Before Rig Explosion," posted April 26.

Wait, isn't Halliburton Co. the same company that was involved in the Iraq war bribery scandal? But that was about bid-rigging not oil rigging.

In other Gulf oil spill news, President Barack Obama landed in New Orleans today to assess the damage. Read all about his visit at our local daily's website. I thought the picture from the Times Picayune of Gov. Bobby Jindal in consultation with Obama was cool. That's not something you'll see nearing election time.

Side Note: WWL reports that Rush Limbaugh suggests the oil spill was an inside job and requires no clean-up. What? I keep telling you all this man is mentally ill. Now he thinks he's an oil spill expert.

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