Cantarell Field: Mexico's Declining Giant

The new energy plan... we're going to get help from our friends and neighbors. Cantarell was once the second largest oil field in the world. Makes you wonder about those Peak oil guys!

Macondo BOP

The troublemaker....bent pipe inside the stack.

Obama’s disappointing energy plan - Ezra Klein - The Washington Post

Obama’s disappointing energy plan - Ezra Klein - The Washington Post: "Obama’s disappointing energy plan"

and we need incentives for renewables....yadda, yadda, yadda

Opec set for $1,000bn in export revenues

FT.com / Companies / Oil & Gas - Opec set for $1,000bn in export revenues: "Opec set for $1,000bn in export revenues By Sylvia Pfeifer, Javier Blas and David Blair in London Published: March 29 2011 22:31 Last updated: March 29 2011 22:31 Opec, the oil producers’ cartel, will reap $1,000bn in export revenues this year for the first time if crude prices remain above $100 a barrel, according to the International Energy Agency. The cartel has been one of the main beneficiaries of high oil prices, which have soared in recent weeks amid the civil uprisings in the Middle East and north Africa."

U.S. East Coast OCS

On August 17, 1976, the Minerals Management Service held an
auction of 154 leases off the East Coast raising $1.17 billion in lease
bonuses. Drilling on these leases commenced in 1977. A total of 35
wells were drilled in Baltimore Canyon. Eight of the 35 wells were
drilled in Hudson Canyon, which is part of the greater Baltimore
Canyon, and five of them tested natural gas at flow rates ranging
between 5.9 million cubic feet per day (mmcf/d) and 18.9 mmcf/d.
One of the wells also tested oil from a shallower formation at a flow
rate of 630 barrels per day of 48.4° API-quality crude oil. The oil
was found in a Texaco well that tested 18.9 mmcf/d of gas.

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch

Tax the Super Rich now or face a revolution Paul B. Farrell - MarketWatch: "Tax the Super Rich now or face a revolution Commentary: A ‘Super-Rich Delusion’ is leading us to ruin" This is just about as nutty as it gets!

Fossil Fuel Reserves

This report has been getting around. The U.S. has ample supplies of coal and natural gas.