Tag: ConocoPhillips

Alaska Walruses Without Ice



“an unusual gathering on a barrier island in Alaska. ”  They’d normally be out on the floating ice after foraging, but there is no ice this year near their feeding grounds.  Arctic sea ice is at the 3rd lowest point in recorded history.


Walruses Swarm Beaches as Ice Melts

National Geographic

http://news.nationalgeographic…

Biologists with the USGS say the situation can be very dangerous because walruses are easily startled, and can stampede. Some walruses, particularly calves and juveniles, can get crushed to death by larger walruses moving about.

Waxman details How Oil Companies deal with Real Risk

Most Companies face the common dilemma of how to best minimize their Risks, while somehow, managing to make a Profit. It’s what makes ‘Starting a Business’ a Risky proposition for most folks — there are few “sure fire” deals in the Business World.

This little “constraint” is apparently not much of a factor, in the High Tech world of deepwater drilling, however.  They have simply managed to ‘paper-over’ any Real Risks they incur for decades now.  Oil CEO’s are accustom to seeing it, as an Easy Money Gig.

Their little “risk management” charade has been coming out lately, in the Congressional Inquiries been held by Henry Waxman.

“Rubber Stamp” may take on a whole new meaning, given the way these Exec’s seem to like to ‘copy each others Homework’ …