http://www.freerepublic.com/tag/offshore/ en-us Tue, 8 Dec 2009 05:29:43 GMT Focus Forum 15 http://www.freerepublic.com/focus/f-bloggers/2402630/posts Drill, Baby, Drill... Even Off-Shore. I commend Interior Secretary Salazar’s decision today to conditionally approve drilling at three exploratory wells in the Chukchi Sea off the northwest coast of Alaska; it’s a decision that’s been a long time coming. The area north of the Arctic Circle contains some of the world’s richest oil and gas reserves. U.S. Geological Survey researchers estimate that it contains 1.6 trillion cubic feet of natural gas and 83 billion barrels of undiscovered oil. The international community recognizes the potential of Arctic off-shore drilling; it’s about time our government allowed us to compete with them by... Citizen Palin 4 President http://www.freerepublic.com/focus/f-bloggers/2402630/posts#comment Tue, 8 Dec 2009 05:29:43 GMT http://www.freerepublic.com/focus/f-news/2359022/posts On the measurability of offshorability Alan S. Blinder Friday, October 9, 2009 Fear of offshoring may force its way back onto policy agendas soon. This column uses a survey of individual workers to measure the offshorability of particular jobs and says that about 25% of US jobs are offshorable. Surprisingly, routine tasks are not more offshorable but those held by more educated workers are. Although overshadowed by the financial crisis and the world recession right now, the debate over offshoring – that is, outsourcing work to foreign (often poorer) countries – seems poised to stage a comeback as a public... Vox http://www.freerepublic.com/focus/f-news/2359022/posts#comment Fri, 9 Oct 2009 21:33:03 GMT http://www.freerepublic.com/focus/f-bloggers/2327472/posts Anchorage, AK - Governor Palin posted this article on her Facebook. page. Governor Palin has been fighting for more and more offshore drilling since she was appointed to the Alaska Oil and Gas Conservation Commission. The court had no choice but to side with her . The ultra liberal or activist 9th Circuit Court also had a decision overturned by the US Supreme Court, in Governor Palin’s favor, back on July, 22. The article: 9th Circuit Court of Appeals ruling allows Beaufort drilling: A ruling Thursday by the 9th Circuit Court of Appeals has cleared the way for Shell Oil... Governor Palin 4 President http://www.freerepublic.com/focus/f-bloggers/2327472/posts#comment Sat, 29 Aug 2009 16:24:34 GMT http://www.freerepublic.com/focus/f-news/2321275/posts AND NOW . . . amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke. . . it is time for . . . that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-the-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, serving humanity simply by showing up, and he’s not retiring until every American agrees with him, do NOT doubt him, with shrieks of joy at the mere mention of his name... The EIB Network http://www.freerepublic.com/focus/f-news/2321275/posts#comment Fri, 21 Aug 2009 15:17:01 GMT http://www.freerepublic.com/focus/f-news/2313780/posts The U.S. government is prepared to provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast, a Brazilian official said Wednesday. President Barack Obama’s national security adviser, Gen. James Jones, discussed the matter with officials this week during a visit to the South American country, Brazilian Planning Minister Paulo Bernardo da Silva told reporters. He said the U.S. Export-Import Bank already has signed a letter of intent in that regard with Brazilian state oil company Petrobras... Oil Online: Digest http://www.freerepublic.com/focus/f-news/2313780/posts#comment Wed, 12 Aug 2009 00:03:17 GMT http://www.freerepublic.com/focus/f-news/2307435/posts U.S. IT providers continue to push jobs offshore, while Indian firms work to refine the amount of work they complete overseas. Although Congress may force the Indian firms to hire more Americans -- and Indian companies have been telling investors that they may have to indeed do that -- the change won't likely affect the overall trend and the shift in jobs outside the U.S. Okay, so where are U.S. jobs going? What's the data show? Data prepared by Everest Group Inc., a research and outsourcing consulting firm, shows in broad brush fashion the shift of jobs overseas by some... Computer World http://www.freerepublic.com/focus/f-news/2307435/posts#comment Mon, 3 Aug 2009 22:06:46 GMT http://www.freerepublic.com/focus/f-news/2290958/posts UBS AG and the U.S. Justice Department jointly have asked a federal court to postpone a hearing scheduled for Monday in order to give the two sides a chance to negotiate a settlement and potentially allow UBS to avoid turning over thousands of client names to the Internal Revenue Service. In a filing Sunday morning, UBS and the Justice Department asked that the hearing in Miami be rescheduled for Aug. 3 and 4 if an agreement couldn't be reached. The move staves off what had been an increasing diplomatic fight between the U.S. and Swiss governments over whether Swiss privacy... WSJ online http://www.freerepublic.com/focus/f-news/2290958/posts#comment Sun, 12 Jul 2009 17:31:56 GMT http://www.freerepublic.com/focus/f-bloggers/2252993/posts Drill, baby, drill? Shame, shame Three to 10 miles offshore exploration and drilling — the first oil spill from the Gulf onto our beautiful beaches will happen. All who voted for this should have to stand barefoot in oil and explain why they voted for this. It would make a wasteland on the Florida West Coast, for supposed profits in the distant future. Lillian Savage Bradenton Safe drilling OK I want to keep Florida’s beaches pristine, too. They are why I moved here! I also support offshore oil and gas exploration and recovery in a safe and environmentally responsible manner.... Drill, baby, drill? Shame, shame http://www.freerepublic.com/focus/f-bloggers/2252993/posts#comment Mon, 18 May 2009 03:22:13 GMT http://www.freerepublic.com/focus/f-news/2243972/posts The correct vote is: "It will cost us jobs at home." MSN http://www.freerepublic.com/focus/f-news/2243972/posts#comment Mon, 4 May 2009 19:05:28 GMT http://www.freerepublic.com/focus/f-news/2239020/posts A bill that would allow oil drilling off Florida's coast is ready for a vote in the state House of Representatives. Today legislators questioned Rep. Charles Van Zant, R-Keystone Heights, for more than an hour, voicing concern about the bill that would allow the governor and Cabinet to approve drilling leases between 3 and 10.5 miles off the state's coast. They expressed worries that drilling could hurt the tourism industry, the seafood industry, and the environment. Van Zant assured members that drilling technology has advanced to the point that there is minimal risk. He said opening the coast to oil... The Bradenton Herald via Rig Zone http://www.freerepublic.com/focus/f-news/2239020/posts#comment Mon, 27 Apr 2009 20:57:48 GMT http://www.freerepublic.com/focus/f-news/2235373/posts TALLAHASSEE, Fla. — Gov. Charlie Crist says he is "open minded" about a bill that would let him and the Cabinet OK oil drilling within 10 miles of Florida's Gulf Coast. The moderate Republican governor has built a reputation as an advocate of environmental causes. But Crist said Wednesday the state needs to study allowing more drilling. Crist first softened his opposition to drilling last year, when gas prices rose above $4 a gallon. However, even then Crist said he wouldn't want rigs too close to Florida beaches. A House bill (HB 1219) would repeal the ban on offshore drilling... AP via Palm Beach Post http://www.freerepublic.com/focus/f-news/2235373/posts#comment Wed, 22 Apr 2009 18:05:01 GMT http://www.freerepublic.com/focus/f-news/2235059/posts Two of three partners in a proposed $1.8 billion oil port off Freeport said Tuesday they have withdrawn from the project, but the remaining company involved says the plan will go forward. Enterprise Products Partners and Teppco Partners, both affiliated with Houston billionaire Dan Duncan, said they were pulling out of the Texas Offshore Port System, a project announced last August that would allow two supertankers at a time to unload crude oil into pipelines 36 miles off the coast. The remaining partner, Oiltanking Holdings Americas, said it will continue with the project. The companies would not elaborate on the... Houston Chronicle http://www.freerepublic.com/focus/f-news/2235059/posts#comment Wed, 22 Apr 2009 11:43:09 GMT http://www.freerepublic.com/focus/f-news/2232823/posts Surfers splashed with organic chocolate "oil spills" and environmentalists dressed as jellyfish and furry polar bears gathered in San Francisco on Thursday and gave a theatrical message to Interior Secretary Ken Salazar: Don't start new drilling off California's coast. In the fourth and last stop on Salazar's national tour to hear public comment on his agency's proposal to open up more than 1 billion acres for petroleum development off the nation's coasts, he heard a resounding "no." A panel of congressional delegates, along with Gov. Arnold Schwarzenegger's Resources Secretary Mike Crisman, coastal county political leaders and citizens told Salazar they... San Francisco Chronicle http://www.freerepublic.com/focus/f-news/2232823/posts#comment Sun, 19 Apr 2009 17:24:56 GMT http://www.freerepublic.com/focus/f-news/2230901/posts Petroleo Brasileiro SA (PBR), or Petrobras, will start seeking bids for new rigs in the next couple of months as it marches on with its ambitious five-year investment plan. The Brazilian state energy giant in January announced it planned to invest $174.4 billion in 2009-13, including $28.6 billion this year -- an increase from $23 billion in 2008, which is unusual as global oil majors including U.S. firms Chevron Corp. and ConocoPhillips are cutting back on investment. Petrobras is banking on the ultradeep pre-salt area off Brazil's coast to elevate its status to one of the world's largest oil and... Dow Jones via Rig Zone http://www.freerepublic.com/focus/f-news/2230901/posts#comment Thu, 16 Apr 2009 19:58:21 GMT http://www.freerepublic.com/focus/f-news/2229547/posts Gov. Sarah Palin told the new secretary of Interior on Tuesday that Alaska needs new offshore oil and gas development or risks an early shutdown of the trans-Alaska oil pipeline. "Once that line shuts down, it will mean the end of oil production on the North Slope," Palin said, adding that plans for a new pipeline to carry natural gas to Lower 48 markets are at stake, too. But at the same meeting in downtown Anchorage, skeptical fishermen raised the spectre of the Exxon Valdez oil spill as an example of the dangers of development. The mayor of the North... The Anchorage Daily News http://www.freerepublic.com/focus/f-news/2229547/posts#comment Wed, 15 Apr 2009 13:33:11 GMT http://www.freerepublic.com/focus/f-news/2224996/posts Offshore drilling for oil and gas could bring billions of dollars and thousands of jobs to Virginia, and help secure the nation's energy future, speakers at an industry-sponsored forum said yesterday. "More energy equals more jobs for Virginia," Republican Lt. Gov. Bill Bolling said. "That should be priority No. 1 for everybody across the commonwealth of Virginia." Bolling spoke to about 20 people at an offshore oil and gas forum in Richmond sponsored by the Virginia Manufacturers Association and the Southeast Energy Alliance. The federal government is considering leasing areas in the Atlantic Ocean off the Virginia coast for oil... Rig Zone http://www.freerepublic.com/focus/f-news/2224996/posts#comment Wed, 8 Apr 2009 18:14:03 GMT http://www.freerepublic.com/focus/f-news/2224993/posts Louisiana representatives encouraged U.S. Interior Secretary Ken Salazar to authorize more offshore drilling for oil and gas at a regional meeting held in New Orleans Wednesday. The representatives asked Salazar not to forget the importance of the oil and gas industry in the U.S. economy as a source of jobs and tax dollars. "Lifting the ban on energy development on the outer continental shelf will create 1.2 million jobs across the country and $2.2 trillion in tax revenue," said U.S. Rep. Joseph Cao, R-La. "These numbers represent more than four stimulus packages combined." The meeting, the second of four sessions... Dow Jones via Rig Zone http://www.freerepublic.com/focus/f-news/2224993/posts#comment Wed, 8 Apr 2009 18:12:42 GMT http://www.freerepublic.com/focus/f-news/2224609/posts LOS ANGELES, Calif. (AP) — LOS ANGELES, Calif. (AP) Months after making national headlines for supporting offshore oil drilling, the county famous for spawning the modern environmental movement reversed course Tuesday and voted to oppose the drilling. The Santa Barbara County Board of Supervisors, citing a need to preserve its coastline, voted 3-2 for a resolution to oppose oil exploration and extraction in the county. Associated Press http://www.freerepublic.com/focus/f-news/2224609/posts#comment Wed, 8 Apr 2009 03:34:51 GMT http://www.freerepublic.com/focus/f-news/2224686/posts Months after making national headlines for supporting offshore oil drilling, the county famous for spawning the modern environmental movement reversed course Tuesday and voted to oppose the drilling. The Santa Barbara County Board of Supervisors, citing a need to preserve its coastline, voted 3-2 for a resolution to oppose oil exploration and extraction in the county. AP http://www.freerepublic.com/focus/f-news/2224686/posts#comment Wed, 8 Apr 2009 07:28:35 GMT http://www.freerepublic.com/focus/f-bloggers/2221650/posts Things are getting uncomfortable for individuals and corporations looking to deposit their money in tax havens around the world. Just recently, Congress introduced the so-called “Stop Tax Haven Abuse Act,” which is designed to do away with the privacy afforded by doing business or investing outside the U.S. and to eliminate or reduce tax benefits available offshore. We are patriots. We have proudly served in our country’s military, have extended a helping hand to its public sector, and have plowed our entrepreneurial enterprise into its once fertile soil. We love America, but these days, America does not love us back.... Whiskey & Gunpowder http://www.freerepublic.com/focus/f-bloggers/2221650/posts#comment Fri, 3 Apr 2009 17:24:25 GMT http://www.freerepublic.com/focus/f-news/2218960/posts With massive deepwater finds in the pre-salt layer, as well as the Campos and Santos Basins, Brazilian state-owned Petrobras pledged an investment of $174.4 billion for 2009 to 2013. With a firm commitment to exploration and production, the company hopes to become one of the five largest energy companies in the world. In an interview with Rigzone, a Petrobras executive explained that the company was able to achieve its recent successes because it invested when times were tough. "This allowed the company to develop in deepwater oil production, in the '80s when only a few companies could do it because... Rig Zone http://www.freerepublic.com/focus/f-news/2218960/posts#comment Tue, 31 Mar 2009 15:45:19 GMT http://www.freerepublic.com/focus/f-news/2218791/posts Conoco Phillips has almost entirely pulled out of the Beaufort Sea, citing the economic difficulty of developing the remote, isolated and challenging region. Since late last year, the company has surrendered 26 leases, or 107,000 gross acres, in the waters stretching off the coast of the North Slope, and allowed another 15 to expire. "We released them because we don't believe there is hub potential in the area," said Natalie Lowman, spokeswoman for Conoco Phillips Alaska. "Exploration within the Beaufort Sea is cost-intensive since the targets are offshore and the area is substantially segregated from existing production infrastructure." The surrendered... Petroleum News via Anchorage Daily News http://www.freerepublic.com/focus/f-news/2218791/posts#comment Tue, 31 Mar 2009 11:50:44 GMT http://www.freerepublic.com/focus/f-news/2212729/posts The 166-foot supply vessel Monarch is likely to remain in Cook Inlet after its sinking near Nikiski. "The vessel has been declared a total loss," Jim Butler, spokesman for the company that operated the boat, Ocean Marine Services Inc. in Nikiski, told the Peninsula Clarion. The Monarch sank Jan. 15 when sea ice pinned it against a platform operated by Chevron. Seven crew members were evacuated onto the platform and flown to shore by helicopter. "Because of the size of the boat and its proximity to the platform, lifting is a dangerous proposition, and we don't want to do something... AP via Anchorage Daily News http://www.freerepublic.com/focus/f-news/2212729/posts#comment Mon, 23 Mar 2009 16:46:35 GMT http://www.freerepublic.com/focus/f-news/2209360/posts Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico Oil and Gas Lease Sale 208, held today in New Orleans, attracted $703,048,523 in high bids. The sale was conducted by Interior's Minerals Management Service (MMS) and had 70 companies submitting 476 bids on 348 tracts comprising over 1.9 million acres offshore Louisiana, Mississippi and Alabama. The sum of all bids received totaled $ 933,649,315. "Today's lease sale will help us make a wise addition to our nation's energy supply," said Interior Secretary Ken Salazar. "The responsible energy development resulting from today's sale will be a part... Rig Zone http://www.freerepublic.com/focus/f-news/2209360/posts#comment Wed, 18 Mar 2009 19:57:00 GMT http://www.freerepublic.com/focus/f-chat/2204765/posts The second-biggest bank of the US, JP Morgan Chase, which acquired Washington Mutual and Bear Stearns recently, will increase its outsourcing to India by 25% this year to nearly $400 million. It will also manage the integration of the acquired companies from India to bring down the cost of integrating different information technology (IT) systems. Right now, JP Morgan outsources $250-300 million worth of IT and back-office projects every year to Cognizant, TCS and Accenture, apart from to its own captive centre in Mumbai. Businessweek http://www.freerepublic.com/focus/f-chat/2204765/posts#comment Thu, 12 Mar 2009 02:16:27 GMT