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L**S
Not bad info but not what I wanted
The first 2 chapters in this book are about the BP oil spill...the 3rd chapter is also somewhat helpful but most of this book is about the oil industry with the added context of the oil spill which is not what I was wanted. If you want a comprehensive report of exactly what happened in the gulf this is not what you want. You want the final report at oilspillcommission.gov. Granted it's fairly long but it includes a lot of good information and is totally free.
J**B
Wonderful book! Finally something that explains the problem
This is a great book (although I agree the Kindle version is pretty frustrating as the charts don't show up). Rather than just stating "Oil Bad!", the authors do a great job of explaining the history of oil drilling in general and deep water drilling in particular. I was also surprised to hear how many years it has been since the United States was even marginally "energy independent". This book presents an excellent wake-up call for the rest of us! Highly recommended, but get the print version
N**O
Get a printed copy
Do not get a Kindle version of this book, at least until Amazon figures out how to convert figures and charts. Most of the "figures" in the book are just black boxes.
L**N
as advertised
as advertised
J**H
From a fellow author, J.A. (John) Turley
Blowout in the Gulf is a good read. The academic authors address the impact of BP's blowout and link it to a number of chapters about the environmental tragedy, social impacts, politics, and energy independence. Their book became a good resource as I wrote my book about the cause of the disaster . . . The Simple Truth: BP's Macondo Blowout
D**E
Looking Through Your Rear View Mirror
I was on shore when I saw the Deepwater Horizon burning on CNN. I mentioned that the ocean was the only thing that was going to put that fire out, which it did about 4 hours later. I've been waiting to read a book-length exposition of the chain of human failures leading to what I knew then was going to be an area problem for twenty years. This is not the book.This is a good collection, all in one spot, of the author's collection of 3x5 index cards, loosely organized to show the historical development of the extraction of natural resources for our use here in America, and the failure of responsible management along the way. The truth is that engineering resources have provided an amazing opportunity these past hundred years for people and companies to supply convenience and simultaneously earn mind boggling sums of money, and that opportunity has been largely unrestrained up to now.I'm still looking for a book that can give us a responsible path forward. I can recommend '$20 per Gallon' in this genre of work, or the biographies of Howard Hughes or Armand Hammer for more background information. If you haven't read through the 'Confessions of an Economic Hitman' series yet, your time and money would be better spent.As more information on the Deepwater Horizon comes out in various courts, I expect we'll see dramatic changes in practice and oversight.
H**S
Future in balance
Cutting corners and lack of concern for safety by operators and poor regulatory oversight were apparently the two primary factors responsible for Deepwater Horizon disaster on April 20, 2010. The accident killed 11 personal on board of the oil rig and injured 17 others. When the leak was finally capped after three months on July 15, it had spewed about 5 million barrels of oil into the Gulf of Mexico. Inadequate cleanup efforts will ensure that most of the oil will remain in the sea. The actual damage to marine and wildlife habitats and the impact on fishing and tourism will take years to be assessed, and the damage will continue for centuries. Freudenburg and Gramling, who have studied this overtly greedy enterprise for more than 30 years, gives a graphic account of the high risk game that is being played in some of the most dangerous places on the planet.The oil industry over years has made profit the prime motive and made a whole series of cutbacks to further increase profits. Safety and regulatory compliance were given short shrift. The book traces the events leading to this major disaster, where the operators have defaulted many times in past. The authors however focuses on the four major fateful decisions: 1. improper installation of the final section of the casing; 2. using only six centralizers instead of the recommended 21 for cementing the final casing; 3. shorter time period over which mud was circulated in the well prior to cementing and; 4. canceling the test to test the integrity of the cement. All these deviations were purportedly made to save time and money. Poor management culture, especially where safety was concerned, both top-down and bottom-up was ultimately the root cause of this costly disaster.While tracing the history of oil industry in the US and its moving from land to off-shore and then to deep off-shore the authors carefully document the perils of this endeavor and the factors that exacerbate them. The government regulators were pointedly lax with inspections and risk assessments. Money, sex and drugs figure in many of the controversies the concerned agency has courted in recent years. This was compounded by a situation where it was long known that officials, law-makers and even judiciary have strong oil interests at stake.USA from being a major producer of oil in the 50s, continues to be a major consumer today though with only 7% stake in the world production and less than 2% of the remaining global resources. Even though warning signs were sounded as back as 1900s, the political games that were played in the aftermath of World War II made the country more and more depended on oil by destroying its public transport systems, discouraging multi-family housing and building inter-state highways. Instead of conserving this finite resource and using them judiciously, the country's policies rapidly decimated it in over a century. In return the country receives the lowest royalty rates in the world for its oil, and doles out maximum tax holidays and subsidies.The attended risks in venturing into the deep sea with was well demonstrated by Santa Babara oil spill, Exxon Valdez and the now the Deepwater Horizon disaster. All have also equally shown the inadequacy and low technology of clean-up efforts, usually employing paper towels and such, which leaves behind more than 90% of the spilled oil in the seas. Learning from the past and preventing such costly mistakes involves improvements in safety techniques and having multiple checks in place - rather than one blow out preventer - and improving the odds by placing attention to each step of the procedures and assuring better corporate safety and public accountability culture. The authors call for exclusion - excluding errant companies -; regulation and refocusing to address these issues.The books examines the myth of energy independence initiatives promoted for decades that has made the US more and more depended on foreign oil. The authors conclude with a call to rational thinking and policies that promote conservation to maximize life of the remaining oil; finding substitutes and alternate energy sources for the future; and end all policies that subsidizes and make oil cheap.
K**R
Some good info, but written too soon
This book has a lot of background information about the current state of the oil production and demand. However, they quickly jumped on the "all oil companies are greedy" bandwagon, without taking a pure independent view of how things work. For instance the arthurs repeatedly state how low the royalty rate is the USA. They simply blame "backdoor deals" with congress without taking an objective view of the numbers and why the royalty rates need to stay low in the USA. Higher royalty rates will simply make many oilfields unprofitable, and thus actual total royalty revenue will go down. The arthurs fail to even mention this possiblity. I also suggest the authors go back and amend the chapters dealing with the Horizon incident as many of their claims have now been proven false. Sadly, many will read this book in the future and take it as gospel, with out realizing the truth.
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