The Oil Barons are Whining! BP is getting Rolled in the Gulf.

July 2, 2013 Gulf of Mexico, National

INTRO BY JOHN DONOVAN: THIS BLOOMBERG BUSINESSWEEK ARTICLE PROVIDES A CAUTIONARY TALE OF THE POTENTIAL BANKRUPTING CONSEQUENCES FOR A FOREIGN OWNED OIL COMPANY THAT MESSES UP SPECTACULARLY WHEN DRILLING IN US WATERS. ROYAL DUTCH SHELL SENIOR MANAGEMENT WAS WELL AWARE OF THE POTENTIAL DIRE CONSEQUENCES WHEN IT SENT AN ANTIQUATED ILL-PREPARED DRILLING FLEET INTO ALASKAN/ARCTIC WATERS, CULMINATING IN ANOTHER PR DISASTER, FORTUNATELY WITHOUT ANY FATALITIES. continued@royaldutchshell

BP is getting Rolled in the Gulf.

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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