Despite assurances from Interior Secretary Ken Salazar to U.S. Sen. Mary Landrieu that BP would pay for workers’ losses from the six-month moratorium on deepwater drilling in the Gulf, the energy giant appears to have successfully argued it isn’t responsible for the economic fallout of the ban. On this issue, close observers of the moratorium believe, BP has the stronger case.
Last week, in a White House meeting between top BP officials and the president, BP agreed to put $20 billion in escrow to fund cleanup costs and lost wages to fishermen and others out of work, but the negotiations left a burning question: How would the Obama administration hold BP’s feet to the fire on a government-imposed moratorium that forced 33 rigs to shut down? And yesterday The Wall Street Journal shed some light on the matter, reporting that behind the scenes, according to people on both sides of the negotiations, BP effectively pushed back on this very issue. The WSJ reported:
BP successfully argued it shouldn’t be liable for most of the broader economic distress caused by the president’s six-month moratorium on deep-water drilling in the Gulf of Mexico. President Barack Obama came away touting how BP’s money would be handed over quickly and impartially to those hurt by the spill. Not only did BP earmark the $20 billion fund but it promised an additional $100 million for Gulf workers idled by the drilling moratorium.
But BP didn’t offer a blank check. The $100 million—0.5% of the total—won’t come close to covering collateral damage from the White House’s moratorium.
The drilling industry estimates the moratorium will cost rig workers as much as $330 million a month in direct wages, not counting businesses servicing those rigs like machine-shop workers.
BP and its defenders argue that the moratorium was a White House policy decision for which it shouldn’t be responsible. The final deal was structured to limit the company’s exposure to such claims.
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AUG 29 Everyone who cares about Louisiana should take time to peruse this story about coastal loss from Bob Marshall of The Lens. It's not enough to call it a story; it's an interactive experience packed with data and amazing graphics, timelines, history, photos and excellent writing. Set aside some time, because you can't go through this one in a few minutes.
JUN 29 This bizarre story from the Advocate on the shooting of a Baton Rouge television personality reads like the script of a soap opera - but not a good one. The allegations against him include sexual abuse of children, including the alleged shooter, and a sham immigration marriage involving his own daughter. The other side? He was a chaplin for the Sheriff's Office in Baton Rouge and preached in a local church.
AUG 29 Here's a story from CBS News about a killer amoeba found in the water system of St. John the Baptist Parish. The story made all three networks (CBS, ABC, NBC) as well as Fox "News," although they have not yet found out how it is Obama's fault. Seriously, the good news is that so far officials know of no one sickened by the water.
AUG 29 Huffington Post has a blog called Love Letters, which is grandly described as "an anthology of reflections on places the world over." This entry is from LSU Football Coach Les Miles, who, it appears, loves Baton Rouge. (Of course he does; he's a rich straight white man.) And certainly Baton Rouge loves him - unless he loses (ask Curley "Golden Flake" Hallman about that) or leaves (ask Nick Saban).
AUG 29 Blogger Bob Mann comments here upon Governor Bobby Jindal's federal lawsuit about Common Core. Mann calls it a "thinly veiled campaign document" and that might be the nicest thing he says in this post. Most troubling for Jindal and his aspirations, Mann has unearthed what Bobby said just a few years ago when he first decided to shove Common Core down our throats.
AUG 29 Blogger Tom Aswell has several developments here related to the so-called Edmonson amendment. The most entertaining one is possibly Tom's acknowledgement that a State Police official is (allegedly) calling the bloggers covering the story some colorful names. Listen up, cowboy: You really think two veterans like Tom Aswell and CB Forgotston care if you call them idiots?
AUG 29 Gotta love those journalists who write something with the enthusiasm that implies they're the first one to figure something out. Mostly, they're not. This is one of those times; the post on Slate Magazine says that Bobby Jindal's Common Core lawsuit is a political stunt. Well - Duh.
AUG 29 This story by WVLA tells us about a guy who got busted for speeding in Baton Rouge. Who cares? This guy took that infraction to new heights by going 129 miles per hour on Nicholson Drive. Poor fella - he probably has spent so much time sitting in Baton Rouge traffic he just had to cut lose.
AUG 28 As the controversy surrounding the Office of Group Benefits intensifies, blogger Tom Aswell gives us some background on the current problems. The OGB, which handles health insurance for current and retired state employees, is deep in the red since it was privatized by Jindal, and Aswell gives us the skinny: this great plan was designed by ALEC. The company handling it? Blue Cross Blue Shield of Louisiana - a longtime member of ALEC.
AUG 28 Blogger CB Forgotston has a concept for a new reality show: the wives of the "Dork Dynasty." That's the name that some troopers have given to State Police Commander Mike Edmonson and his inner circle. The ladies CB has picked for his cast are not just housewives, however, and the connections here are pretty interesting.
AUG 28 Blogger Ian McGibboney is writing about the strife in Ferguson in this post, and articulating what many people down south are saying. There's a fairy tale about how there's tons of racism in the South, but it's all hunky dory up North. (Really? Look again.)
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