Showing posts with label Hornbeck Offshore Services. Show all posts
Showing posts with label Hornbeck Offshore Services. Show all posts

Saturday, July 3, 2010

Gulf Workers Under Attack from Radical Environmental Groups

Under the guise of conflict of interests, radical environmental groups, Sierra Club, Natural Resources Defense Council and Defenders of Wildlife are attacking Judge Martin Feldman who ruled against the six-month moratorium on deepwater drilling in the Gulf of Mexico.

They're attempting to paint Feldman as being impartial in the case because he had in the past had invested in oil companies, and the day before, had to sell stock in Exxon Mobil (NYSE:XOM) in order to preside in the case.

If nothing else, that proves more than anything that Feldman was very impartial, as Exxon Mobil is a highly desired and very profitable stock, and it will cost Feldman a lot of money in the long run by him selling his shares in the company.

These nutty environmentalists said his prior investments raise questions about his impartiality. Actually, no it doesn't! When he judged the case he owned no oil company stocks, and there are no legitimate questions at all. There is only these hucksters assertion it raises questions.

I wonder if someone in a government agency contacted these nuts and persuaded them to pursue them. Now that's a real question that is raised by their outrageous attack on this judge and the workers in the Gulf region who would be crushed if the moratorium continues.

Now if there was even an appearance of a conflict with the judge, he could have recused himself from the case, which these groups are attempting to get him to do. But unless owning stock in the past is considered an appearance, which is isn't, there is nothing there but smoke and mirrors which is being used to promote their radical agendas rather than put people first.

Legal experts say because Judge Feldman sold his stock in Exxon Mobil before he issued his ruling, he will be cleared of having to recuse himself.

If Judge Feldman refused to recuse himself, these groups could take the step of requesting the same from the U.S. Court of Appeals for the Fifth Circuit.

Thousands of jobs and livelihoods are at stake here, as Hornbeck Offshore Services LLC revealed when they successfully challenged the moratorium.

To attack these people who are being economically crushed because environmental wackos don't like the decision of the court is outrageous at least, and borderline criminal in using these tactics in order to stall the judges' order.

That's part of what this is all about, using the court system in order to push the moratorium out even when it has been ruled against.

If this continues, along with the stalling tactics of the Democrats and the Obama administration, thousands of people in the Gulf will continue to suffer, and long-term could lose thousands of permanent jobs as the oil rigs leave the area, which is the real agenda of these so-called environmental groups, which are in realty people-haters, as their actions prove.

If by the slight chance these environmental groups win, then the people of the Gulf should sue them into oblivion, and then they can live off the donations these political groups get from misguided and ill-informed people.

From their actions you can see what these radical groups are, and hopefully those reading this will quit sending money to them in light of their horrid actions against the people suffering in the Gulf states.

Thursday, June 10, 2010

Hornbeck Offshore Services (NYSE:HOS) Sues Interior Department over Moratorium

A media report says Hornbeck Offshore Services (NYSE:HOS) the Interior Department over Obama's decision to put a moratorium on oil drilling in the Gulf of Mexico.

The lawsuit is an attempt to stop the Interior Department from enforcing the six-month moratorium, which some also fear could end up being extended to a year or longer.

Hornbeck says in the lawsuit that of the 33 drilling rigs inspected by the government, 29 of them only had minor violations.

The supplier of vessels to offshore oil and gas exploration companies said the moratorium also conflicts with Federal law which requires the government "to balance orderly resource development with the protection of human, marine and coastal environments."

There is growing opposition to the moratorium, which is deemed excessive by many, including workers and lawmakers from the regions affected most by it.