tag:blogger.com,1999:blog-7256531175166835417.post8359819906715761144..comments2023-06-03T01:01:16.685-07:00Comments on Meet the Robinsons Down Under: The GulfJulihttp://www.blogger.com/profile/16711052910114251394noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7256531175166835417.post-26009855295507867012010-07-09T21:12:53.417-07:002010-07-09T21:12:53.417-07:00Sweet post Shon. I think it is awesome that you dr...Sweet post Shon. I think it is awesome that you drill. You are such a dirty capitalist. All you care about is oil and money. Right? <br /><br />The funny thing is that you are one of the only people I know who really makes an effort to conserve. Tons of people talk about it, but most (myself included) lack the self control to do anything. Although, my watch does have a solar cell to keep it running : ). Seriously, you are just a really good person, kind, smart, generous . . . etc. Living in mega-liberalville I laugh when I hear folks talking about those terrible oil companies and their affiliates and then think of you. Its such a stark contrast between what the descriptions indicate and what I have seen from your example. I think you should change careers and go into PR to become the new face of oil. <br /><br />Anyways, we are sad we missed you. I guess we'll just have to go Down Under.Spencer P.https://www.blogger.com/profile/05492930171095308539noreply@blogger.comtag:blogger.com,1999:blog-7256531175166835417.post-80507557146028154042010-07-09T16:48:57.945-07:002010-07-09T16:48:57.945-07:00AJ I don't have all the facts on how the decis...AJ I don't have all the facts on how the decision to drill the well took place but I seriously doubt anyone thought about the $75M cap when making decisions. I have drilled many offshore wells and I actually was never even aware of the cap. <br /><br />The Exxon Valdez and the BP disaster are very different. One was a drunk captain (simple human error root cause). The root causes of the BP incident are much more complex. There were mechanical failures, design changes, operational changes, missed indicators etc. All of the causes of the BP incident are preventable. <br /><br />The reality is that much of the oil and gas in the shallow areas of the Gulf is developed. We have to continue to drill in deeper water to find more. I am not aware of legislation stating that companies can not drill in shallow areas but should drill in deeper areas.<br /><br />It was great to see you yesterday.Julihttps://www.blogger.com/profile/16711052910114251394noreply@blogger.comtag:blogger.com,1999:blog-7256531175166835417.post-12244550327886753812010-06-30T17:45:33.492-07:002010-06-30T17:45:33.492-07:00Shon, thanks for the good information and analysis...Shon, thanks for the good information and analysis. I'm curious for your perspective on the 'moral hazard' balancing. What I've read was that in the wake of the <i>Exxon Valdez</i> disaster the US Government assumed greater control over the industry and had approval over drilling sites. As part of the same deal, the companies were given a $75M liability cap. <br /><br />In the reports I've read, companies were denied permission to drill in 'shallow' areas and allowed permission to drill in deep water like this area. In your opinion, are these statements and reports accurate? If so, what level of impact (if any) did a $75M liability cap play in the decision making process with respect to this well? Thanks. I guess I can talk to you more about it when you come home.AJ Curtishttps://www.blogger.com/profile/14263143853863575833noreply@blogger.com