Just spent some time with a veteran oil services specialist. He is skeptical that "top fill" can work. He also believes that there were at least 7 errors made in the planning and execution of this well in some of the deepest water ever drilled in anywhere in the world, and that had even one of those errors not occurred, the spill would have been averted.
It would appear that as with Three Mile Island and the U. S. nuclear industry, a long-term overreaction that could harm this country is a real possibility.
In the meantime, the VIX is around 30 and under the thesis that surges should be sold, selling opportunities with the VIX much under 25 now make sense.
Gold is quiet overnight and no matter the hyperventilation for and against it, it is both a bit too popular and too reminiscent of NASDAQ 199- (what year is the key question) to sell.
Copyright (C) Long Lake LLC 2010
Showing posts with label oil spill. Show all posts
Showing posts with label oil spill. Show all posts
Friday, May 28, 2010
Wednesday, May 19, 2010
What Is Going on Politically at the New York Times?
Are we back to the Clinton-scourging Times?
First, they break the story that Connecticut AG and lib fave Richard Blumenthal lied about serving in Viet Nam rather than during the war. Now they are referring to mre experts in attacking their big fave Mr. Barack Obama himself in Scientists Fault Response of Government to Oil Spill in Gulf:
Tensions between the Obama administration and the scientific community over the gulf oil spill are escalating, with prominent oceanographers accusing the government of failing to conduct an adequate scientific analysis of the damage and of allowing BP to obscure the spill’s true scope.
Putting the Obama name rather than no name or that of a lower-level person in the first paragraph does not happen accidentally at the lead story on the Web version of the Times. Is someone at the newspaper of record responding to polls? Will someone at the Times decry the libs and the president taking the simple name "Tea Party" and turning it into the Tea-Bag Party and then from the unobjectionable tea bag, which I use to create a hot beverage now and then and for which I and hundreds of millions or even billions of people use only for that purpose, tarring members of this party with a fetishistic/pornographic use of said implement? Will the poobahs attack Woody Allen for supporting a dictatorship of the One?
Strange things may be happening as more and more Americans fall out of enchantment with the unknown they voted into power in the strange environment of the fall of 2008.
Copyright (C) Long Lake LLC 2010
First, they break the story that Connecticut AG and lib fave Richard Blumenthal lied about serving in Viet Nam rather than during the war. Now they are referring to mre experts in attacking their big fave Mr. Barack Obama himself in Scientists Fault Response of Government to Oil Spill in Gulf:
Tensions between the Obama administration and the scientific community over the gulf oil spill are escalating, with prominent oceanographers accusing the government of failing to conduct an adequate scientific analysis of the damage and of allowing BP to obscure the spill’s true scope.
Putting the Obama name rather than no name or that of a lower-level person in the first paragraph does not happen accidentally at the lead story on the Web version of the Times. Is someone at the newspaper of record responding to polls? Will someone at the Times decry the libs and the president taking the simple name "Tea Party" and turning it into the Tea-Bag Party and then from the unobjectionable tea bag, which I use to create a hot beverage now and then and for which I and hundreds of millions or even billions of people use only for that purpose, tarring members of this party with a fetishistic/pornographic use of said implement? Will the poobahs attack Woody Allen for supporting a dictatorship of the One?
Strange things may be happening as more and more Americans fall out of enchantment with the unknown they voted into power in the strange environment of the fall of 2008.
Copyright (C) Long Lake LLC 2010
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