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(It ain’t like the GoM doesn’t have enough problems): Trump administration to lease 77 million acres in Gulf of Mexico

Trump administration to lease 77 million acres in Gulf of Mexico

The Trump administration said Tuesday that it will sell leases for some 77 million acres in the Gulf of Mexico for oil and gas drilling, the largest sale of offshore leases in U.S. history.

Interior Secretary Ryan Zinke said the sale, scheduled for March, would open an area the size of New Mexico to drilling, including all unleased areas on the Gulf's outer continental shelf. The Gulf's outer continental shelf is estimated to hold recoverable reserves of more than 48 billion barrels of oil and 141 trillion cubic feet of gas.

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Low oil prices have significantly reduced operator spending on exploration -- particularly in deepwater, which is very costly," said Cindy Giglio, an analyst at IHS Markit. "That means fewer deepwater discoveries are made and even fewer world-class assets become available."

In a statement, Zinke said opening the Gulf's outer continental shelf to development will aid drillers, under pressure from low prices, by providing more opportunities offshore. An auction of Gulf leases last August attracted more than $120 million in high bids, according to the Interior Department.

*

Many Gulf coast lawmakers and political leaders praised the new lease sale.

https://www.google.com/amp/www.chron.com/business/energy/amp/Trump-admin...

That last paragraph boggles the mind. These ‘law makers and political leaders’ are a bunch of corrupt tools who still don’t - and never will - care about the consequences of deep-water oil drilling. Money in the pocket today still trumps life in the Gulf in the future. (That was a pun son.)

I received this email this morning.

Amanda,

A pipeline spilled at least 672,000 gallons of oil into the Gulf of Mexico, and almost no one in Washington wants to talk about it. It's the worst environmental disaster in the Gulf of Mexico since Deepwater Horizon.

While Scott Pruitt's EPA clears the way for coal, oil, and other fossil fuel projects across the country, our environment is at a tipping point. With each new day and new disaster that passes while we fail to act, the wellbeing and future of our planet grow more and more dim.

Sign your name as a citizen co-sponsor of the OFF Act. Following this oil spill, it's even more important that we achieve 100% renewable energy by 2035.

This oil spill should set off alarm bells across the EPA. Instead, Scott Pruitt is trying to clear approval for a mining company to excavate an area the size of the Grand Canyon in Bristol Bay, Alaska, the world's largest spawning ground for sockeye salmon. The Trump administration just doesn't care about maintaining these economic and environmental engines to our way of life.

Despite the terrible decisions and negative consequences that have arisen from Trump and Pruitt's environmental policy, we must continue to fight for our planet and our future. The OFF Act is the kind of landmark legislation that can remake our entire economy with millions of new jobs and a brand-new, clean energy infrastructure. This must be a top priority.

Will you add your name as a citizen co-sponsor of the OFF Act today?

We can make clean water, clean air, and clean land a reality for every single person in the United States within our lifetimes, if we choose to act now. Mahalo for joining me in taking this bold action today. We can make a positive change in the world if we work together.

Aloha,
Tulsi

Here is a link to the petition. I know many think they are pointless and a waste of time. Me, I think they are our only way of pushing back besides the voting booth or taking to the streets. It takes little effort and at the very least it does provide notice to them that are running things that we are paying attention to what they’te up to.

http://aloha.votetulsi.com/page/s/off-act?source=website

EDIT: typos in title (2)
EDIT EDIT: RDIT/EDIT

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QMS's picture

has not even heard about it boggles the mind. the propaganda machine is working fine except for those who pay attention Nea

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Zionism is a social disease

Amanda Matthews's picture

@QMS
nuke something. Their brains are metaphorically ‘hiding under a desk’ like we did when I was a little kid in grade school.

Their imaginary and/or exaggerated fears keep them from seeing how bad things really are. And are getting worse.

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

QMS's picture

@Amanda Matthews I remember the bomb scares, bailing off the bus and diving in the ditch. Somehow justifies the endless wars, least the media wants us to believe. It's almost a tragic-comedy the way people are afraid of phantoms which only exist for powers' purpose. Wish I could laugh it off Sad

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Zionism is a social disease

snoopydawg's picture

@QMS

our minds with their propaganda. Not one of them believed that children hiding under their desks was going to save them from a nuclear blast. But remember how afraid we were that we would die if we didn't have a desk to hide under.
The patriotic propaganda has been a longer act. How many decades have countless millions of children stood up in route to pledge allegiance to the damned flag? Now if anyone refuses to play this game, they're immediately shamed and punished.
The worship of troops is just one more thing that people were brainwashed about.
Then little by little, our freedoms have been being removed under the guise of keeping us safe.
It's a good thing that terrorists weren't doing the mass shootings because that would show that the surveillance kabuki theater isn't working.
I get a kick out of France telling its citizens that because of the latest terrorist attack, they will have to continue their high alert status. It's apparent that keeping the terror alert system isn't working. Yet people still believe that it will keep them safe.

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The message echoes from Gaza back to the US. “Starving people is fine.”

Pluto's Republic's picture

…to nationalize the country's oil for a host of excellent reasons that point to both short and long term survival. So, that's not going to happen.

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QMS's picture

@Pluto's Republic organise and encourage resistance, people are very receptive to this now.

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Zionism is a social disease

The Aspie Corner's picture

@QMS The ruling class have the plebs so divided that nothing we do matters.

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Modern education is little more than toeing the line for the capitalist pigs.

Guerrilla Liberalism won't liberate the US or the world from the iron fist of capital.

Amanda Matthews's picture

@The Aspie Corner
There are ways we can do something to let TPTB know that we are going to fight them. We’re not going to just roll over and let them have their way with us. There’s an election a year away. We can help elect some sane people who have traceable brainwave patterns into a few state and local positions. I know people here volunteer for campaign work. I do.

There are things we can do.

There is more than one time in humankind’s history that a few people have been known to fight for what was right even though they knew it was a long shot or doomed to fail. Some did whatever just because it was the right or honorable thing to do.

That’s the kind of stuff that determines what kind of person we are. It doesn’t mean you have to run for the Senate. No campaign can survive without it’s volunteers. Answering telephones and knocking on doors for the candidate YOU believe will be the best person to represent you and your community.

I bet you do that already.

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

The Aspie Corner's picture

@Amanda Matthews Republicans run unopposed in every district save for Miami and a few others in South Florida.

I can't run for public office because I don't own or run a shitty exploitative business and I don't believe in any gods. I'm also not willing to tell the plebs everything they want to hear nor will I give them a scapegoat.

And in terms of Brevard County, FL where I live, it's as blood red as it gets. The plebs here love being fucked royally in the ass.

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Modern education is little more than toeing the line for the capitalist pigs.

Guerrilla Liberalism won't liberate the US or the world from the iron fist of capital.

Cant Stop the Macedonian Signal's picture

@The Aspie Corner Given the kind of Democrats we get out of Dade County, for the most part, I'm not sure it matters.

Anyway, didn't Obama lay more pipe than any other President before him?

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

The Aspie Corner's picture

@Cant Stop the Macedonian Signal

Anyway, didn't Obama lay more pipe than any other President before him?

He was fracker in chief. He also handed out more drilling leases than any other president before him.

I can't say I feel too much pity for Bill Nelson considering Rick Scott is running for his senate seat next year.

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Modern education is little more than toeing the line for the capitalist pigs.

Guerrilla Liberalism won't liberate the US or the world from the iron fist of capital.

Cant Stop the Macedonian Signal's picture

@Pluto's Republic How? How do I take possession of those oil reserves?

As a third-generation Gulf coast native, I'd like to know.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Pluto's Republic's picture

@Cant Stop the Macedonian Signal

…is why to nationalize. Who will benefit? Will it make the world a better place?

The United States has technically nationalized several companies, usually in the form of a bailout in which the government owns a controlling interest. The bailouts of AIG in 2008 and General Motors Company in 2009 amounted to nationalization, but the U.S. government exerted very little control over these companies. The government also nationalized the failing Continental Illinois Bank and Trust in 1982, finally selling it to Bank of America in 1994.

Despite the temporary nature of most nationalization actions in the United States, there are exceptions. Amtrak was transferred to government ownership after several railroad companies failed in 1971. After the terror attacks of Sept. 11, 2001, the airport security industry was nationalized under the Transportation Security Administration (TSA).

How it is done: Here are some examples. The outcome differs depending on the decisions make along the way. Intelligent people can be successful. Norway is a good examplr.

MEXICO

President Lázaro Cárdenas nationalized Mexico's oil industry in 1938, kicking out US and European firms and setting up state-run Petroleos Mexicanos (Pemex). Today it still ranks as one of Mexico's most popular decisions.

Pemex was not the first national oil company in the Americas – YPF of Argentina was – but Mexico's expropriation is the region's first example of a classic state takeover. Since then Pemex's door has, under Mexico's constitution, been tightly sealed to foreigners.

Although foreign governments boycotted Mexican oil in retaliation, over time nationalization was considered a boon for Mexico. With the finding of the massive Cantarell field in the 1970s, Pemex grew into one of the largest oil companies in the world. Its revenues pour into Mexico's coffers, funding about a third of the federal budget.

BRAZIL

Brazil established a monopoly over the oil industry in 1953 when President Getúlio Vargas created Petrobras, the outcome of a seven-year campaign with nationalist slogans like "The oil is ours." In 1954, operations began, and Petrobras produced only about 2 percent of the country's domestic oil consumption.

Nearly 60 years later, Petrobras is the fifth-largest energy company in the world and a leader in deepwater and ultra-deepwater oil extraction. Its monopoly in Brazil continued into the 1990s, a period when privatization, free trade, and neoliberal policies swept the Americas.

VENEZUELA

President Hugo Chávez has increased state control over the oil industry, but he wasn't the one to nationalize Venezuela's oil.

Petróleos de Venezuela S.A. (PDVSA), the state-owned oil company, was nationalized in 1976 at a time when many countries in the Southern Hemisphere were asserting sovereignty over their natural resources.

Mr. Chávez won 1998 elections (see chart) on a populist ticket that promised to use the country's vast oil wealth for the benefit of the poor. Though criticized for using oil money to fund his programs, he was not the first Venezuelan leader to use the revenues for political ends.

His presidency set the stage for a new wave of renationalizations, with countries like Bolivia and Ecuador following suit. None of these countries closed the door on international investment, but they raised rents and changed fiscal agreements in their favor.

Here's a good story about why to nationalize:

Want a green energy future? Nationalize Canada's oil industry

Canada’s oil corporations have made a profitable mess of the country: it’s time to put them under public, democratic control

t would be hard to invent a more destructive ritual of national self-punishment. Year after year, we hand oil companies gigantic tracts of pristine land. They skin them of entire ecosystems. They vacuum billions of dollars out of the country. Their oversized power, sunk into lobbying and litigation, upends government law-making.

And Canada’s return? The exploitation of the tar sands provides just two percent of our GDP. It has gutted manufacturing jobs and made a mockery of our emissions targets. And now that oil prices are crashing – as resource commodities predictably do – it is putting a vicious squeeze on government spending.

Faced with similar recklessness, people in other countries are setting out to take back control of their energy. As Naomi Klein documents in her new book This Changes Everything, it hasn’t been driven by ideological fervour. Towns like Boulder, Colorado, concerned by the threat of climate change, have started demanding a clean, renewable alternative from their energy providers. They are then discovering that private utility companies simply refuse to provide it.

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Cant Stop the Macedonian Signal's picture

@Pluto's Republic I've got no problem with the why of nationalizing. Except...it's the government that does it, and the government doesn't work for us, which is why when they "nationalize" something, it stays mostly under private control. Except the rails which they probably wanted to deep-six anyway.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Pluto's Republic's picture

@Cant Stop the Macedonian Signal

...when the people start to see what the world sees when they look at us. The American people shoved a defective, distorted, fool onto the international stage, as our leader. We sent an appalling distress message about what we have become. The world is wide-eyed. The empire has failed.

...when they "nationalize" something, it stays mostly under private control.

That's often true. It depend on whether it's a natural resource, a public utility, a monopoly, or a commercial business that is affecting national security, like banking. In the case of the latter, banks are usually nationalized temporarily to re-regulate them properly and curb their shareholders expectations, so that when they are returned to the private sector, their work benefits society as a whole. In the case of a natural resource like oil — well, truthfully, it is depraved to privatize oil in the first place. It results in corruption, income inequality, poverty, scarcity, and environmental catastrophe.

Most of the world's oil is nationalized. You will find privatized natural resources in colonies and in undeveloped countries, where the means extraction is provided, but the vast profits from surplus resource exploitation are skimmed off by private corporations. You will find it in the US because it is a corporate colony. However, Americans must also pay for exploration through subsidies. They are impoverished further by providing tax relief to oil companies. It's deliberate, anti-communist economic fascism, where profits trickle down to politicians, and the people must work to buy human rights like freedom from hunger for example. Otherwise they go without basic human rights, like one quarter of American children do.

I really sense a change going on; I think everyone feels "something" out there is taking shape. A small example is the opposition resolve between the neoliberals and the Left that will not allow the Democratic Party to recover. That Party has descended into insanity. Change will come soon, but not because of new laws or new ideologies or new ideas. Change will come because nothing will function properly without it. The rest of the world will bring change to America … by moving on.

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Wink's picture

the GoM. Who knew?

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the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

Song of the lark's picture

One oil is not cheap, it's actually right on its long term average at about 50 dollars a barrel. Two reasons people say it's "cheap". We had an anomalous period 2011-2014 with high prices. And also oil drilling (production) has gotten more expensive in money and energy EROEI. Tar sands, deep water drilling, fracking are all more expensive in energy that is called conventional oil. (Stick a hole in the ground and oil comes out.Think Ghawar in KSA or the Early Texas.) Conventional oil peaked in 2005. We now also have the lowest rate of oil discoveries in forty years. A billion barrel find is 12 days of global oil use.
Oil has consistently become more expensive in energy in the last decade. This is called THERMODYNAMIC COLLAPSE. This is one of the the reasons that GDP has lagged. Oil (energy) runs everything. The more cheap energy we have the better the GDP and economy. This is a very consistent statistic over decades. We have also taken to financializing (going into debt) the fracking and deep water oil production sectors. This is not going to end well.Our problem is that energy is not cheap anymore.

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lotlizard's picture

@Song of the lark  
A snubbed nobody who drills for oil, hits it big, and then spends the rest of his life as a nouveau-riche trying to get back at the patrician family that was snooty to him back in the day.

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Cant Stop the Macedonian Signal's picture

@Song of the lark Our problem is that we didn't reduce our petrochemical consumption while we could.

The amount of previously low-hanging fruit rotting on the ground is staggering.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Song of the lark's picture

@Cant Stop the Macedonian Signal Are you saying there is a lot of cheap oil laying around? A sentiment I would certainly disagree with.

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Cant Stop the Macedonian Signal's picture

@Song of the lark No, not at all. The low-hanging fruit is environmentalists' term--at least on the Hill, back when there were enviros on the Hill--for petrochemical consumption reductions and pollution reductions that are easy to do, versus the much harder things like coming up with a substitute for jet fuel or creating a non-petrochemical-based military.

No, I'm not saying there's lots of the stuff lying around. I kinda wish there was; since they're not going to get off it anyway, if there were a lot of it lying around, they'd leave my Gulf of Mexico alone.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver