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Steely Dan

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  1. You said this above; What am I missing?
  2. Thanks for the link. Can you tell me how buying oil contracts led to four dollar a gallon gas?
  3. I'm amazed that people can speculate on oil contracts more than 8 years in the future. Linky An array of potentially costly lawsuits are landing at BP's feet. One suit is filed in the name of Kimberly and Do Nguyen, who run a seafood business called The Shrimp Guy. It seeks damages on behalf of all Mississippi businesses engaged in "wholesale, retail and/or delivery" of seafood caught in the Gulf of Mexico, accusing BP of failure to "prevent or mitigate risk" of an oil spill. In common with many similar lawsuits, the claim alleges that BP ignored evidence of a broken seal on its well, 50 miles off the US coast, and that it and Transocean were aware of failures in the power source of a blowout preventer that was supposed to seal the well in an emergency. A class action lawsuit on behalf of restaurant owners has been filed under the name of the Smiling Fish Cafe, known for its locally caught seafood, in Santa Rosa Beach, Florida. It says pollution has made produce costlier and harder to come by, and tourism is under threat. "May is the beginning of the summer season, when visitors and locals alike flock to Florida's coastal seafood restaurants to enjoy the sea's bounty," it says. The Sprinkle Net Shop, which sells and repairs equipment used by fishermen in Mobile county, Alabama, claims its business and thousands like it have been hit by BP's "negligence". And a trio of Mississippi businessmen say their recently completed 16-room luxury fishing lodge, intended for upscale tourists, has been rendered "practically worthless" by the spill. Mark Lanier, a Houston-based lawyer for one group of plaintiffs, said the litigation against BP would make the 1989 Exxon Valdez oil spill in Alaska look like "an oil leak in a car". "Honestly, this is a monstrosity, it's a tragedy," he told Texas Lawyer magazine. He said it might become the biggest legal battle in US history. "This is going to be, in my estimation, the largest tort we've had in this country." There are a lot more jobs than just those mentioned that are outside the oil industry that are being affected as well. To criticize the administration for putting the brakes on in order to review how the possibility of something like this happening again is minimized is just silly. Anyone who believes that industries are capable of policing themselves is just a shill for those industries. I can't believe that before an oil rig's construction was approved that a plan to deal with this type of thing didn't have to be put into place. It's like nobody ever even thought about something like this happening. I'm positive that the industry lobbyists all made sure that getting an oil rig approved didn't include such "costly" measures. In the meantime 12,000 to 19,000 barrels of oil a day are gushing into the gulf with almost no end in sight. At least one new plume was discovered recently and God knows if there are any more out there. This is the worst environmental disaster in US history and all some people can think about is the poor oil drilling companies?! If the industry had anticipated something like this happening I'm sure a much better plan than "we'll make it up as we go along" would be in place. I want oil rigs back ASAP and continuing to drill but I want it done with tighter restrictions for dealing with things like this. Anyway, Obama is pushing to get the rigs re-opened soon. WSJ Obama to Reopen Oil Drilling New Rules on Shallow-Water Exploration Expected as Economic Woes Mount By LAURA MECKLER And JONATHAN WEISMAN WASHINGTON—The Obama administration, facing rising anger on the Gulf Coast over the loss of jobs and income from a drilling moratorium, said Monday that it would move quickly to release new safety requirements that would allow the reopening of offshore oil and gas exploration in shallow waters. Gulf Coast residents, political leaders and industry officials said delays in releasing the new rules, along with the administration's six-month halt on deepwater drilling—both issued amid public pressure—threatened thousands of jobs. Well-owner BP PLC, meanwhile, faces penalties "in the many billions of dollars," for the Deepwater Horizon drilling disaster that has been spewing an estimated minimum 12,000 to 19,000 barrels of oil a day into the Gulf, said White House Press Secretary Robert Gibbs. The costs of the spill will "greatly exceed" the amount BP could recoup by selling any of the captured oil on the market, he said Monday. Retired U.S. Coast Guard Admiral Thad Allen, who heads the federal response, said BP's latest emergency containment system is on track to capture as much as 15,000 barrels of oil per day, which is the maximum amount of oil the drill ship on the surface can process. BP's latest update on the rate of recovery late Monday implies that the containment procedure is approaching that limit. Any leakage beyond 15,000 barrels per day will continue to go into the sea until a second ship arrives, likely in mid-June. The oil industry is awaiting new safety regulations from the Interior Department's Minerals Management Service, which canceled some offshore drilling permits last week and has had others on hold since early May. Administration officials say new rules for shallow water oil and gas drilling could be released as soon as Tuesday. If BP had a plan in place to deal with this and hadn't been in such a hurry to get the rig pumping this wouldn't be at the level of damage it's at. The Whitehouse is dealing with a problem caused by BP. How anyone can blame them for much is beyond me. Evidently prior administrations (That includes Democrats) were too short sighted and/or pressured to believe that something like this will never happen. Taking a little time to re-evaluate the processes is just smart. JMO The oil going into the gulf from this well isn't, in my estimation, going to be completely stopped until sometime in December. BTW, can some of those who are more educated about futures contracts answer me a question please? Is it that the 2018 contracts are merely speculations and have no bearing on what the actual price will be in 2018, or is it written in stone. Are we talking about speculators losing their shirts if the price of a barrel of oil goes down or definite profits? Thanks
  4. Her frosty wasn't creamy enough.
  5. "He asked them what they were doing and they said, "just talking,' and obviously they weren't just talking," Hill told reporters during an afternoon news conference that was crowded with reporters from Buffalo and Rochester news outlets. Well at least people are graduating from picnic tables to women on picnic tables.
  6. Deerball Loses. 'Nuff said. Is that what you told your boss? Doesn't that make two posts today?
  7. http://www.youtube.com/watch?v=0bhTxvzrUFo
  8. I turn red and ooze pus to show infection. Come back after you die, somebody might care about that then, most likely not, but still, might. No, Mr. Big Stuff.
  9. Linky Roster will be at limit Chris Brown Posted June 6, 2010 – 12:41 pm Tags: Reggie Torbor, roster limit When Bills LB Reggie Torbor signs his contract the team will be at its offseason roster limit. Offseason rosters can have no more than 80 players under contract on their roster. Torbor will be the 80th player when he officially signs early this week. Buffalo has 87 total players, but seven of their draft choices remain unsigned. When the next draft choice is signed the Bills will need to make a roster move to avoid having more than the maximum number allowed. I'll go with; Sargent McCargo Manalac Fitzpatrick Simpson Guerra Ferguson Just based on gut feeling.
  10. Please don't do anything to get Leonidas back here.
  11. What he did right is marry Mrs. Deerball.
  12. http://www.youtube.com/watch?v=VFSeOUWyEfk...feature=related
  13. Here's more; N.J. men planned to 'wage violent jihad,' feds say By the CNN Wire Staff June 6, 2010 1:26 p.m. EDT New York (CNN) -- Two New Jersey men arrested at a New York airport planned to travel to Somalia to "wage violent jihad," and also had expressed a willingness to commit violent acts in the United States, according to prosecutors and a federal criminal complaint. Mohamed Mahmoud Alessa, 20, of North Bergen, New Jersey, and Carlos Eduardo Almonte, 24, of Elmwood Park, New Jersey, were taken into custody Saturday at John F. Kennedy International Airport. The two intended to take separate flights to Egypt on their way to Somalia "to join designated foreign terrorist organization al-Shabaab and wage violent jihad," federal prosecutors said in a statement. The two are charged with conspiring to kill, maim and kidnap people outside the United States, according to court documents. Read the criminal complaint against Alessa and Almonte (PDF) The FBI received a tip regarding the men's activities in October 2006, according to the U.S. Attorney's office in New Jersey. The tip, from someone who knew the men, said, "Every time they access the Internet all they look for is all those terrorist videos. ... They keep saying that Americans are their enemies, that everybody other than Islamic followers are their enemies ... and they all must be killed."
  14. No, all of the Bills moves forever in the past and future won't work out. All of the division rivals moves work out splendidly.
  15. A date with Deerball or a dead rabbit. I thought only third graders did that for him.
  16. So it effing makes you a child molester. That's what.
  17. Wow! You can tell all of that from OTA reports a little over a month after the draft. You're good.
  18. Link Green Bay Packers players questioned in alleged assaults of two women By the CNN Wire Staff June 5, 2010 9:05 p.m. EDT (CNN) -- Seven players from the Green Bay Packers were questioned as part of an investigation into the alleged sexual assaults of two women early Saturday at a Wisconsin resort, authorities said. Six of the men were later released and are not considered suspects. A seventh man, who was not identified, was also questioned and released, and remains under investigation, according to Lake Delton police Chief Thomas Dorner. Police in Lake Delton, about 50 miles north of Madison, were alerted to the alleged assaults after the two women placed a 911 call at 4:17 a.m. Saturday, a police statement said. The women directed officers to a condo at the Wilderness Resort Golf Cabins where the alleged assaults occurred, the statement said. Dorner said the women had been invited back to the rental condo by the seventh man after the women met the group of players earlier in the night at a local bar. Seven men at the condo were asked to go to the police department for questioning. Six of the men -- all listed on the NFL team's current roster -- were later released and are not suspected of any criminal activity, the statement said. The seventh man was also released, but "his involvement in the incident is still under investigation."
  19. Link Law enforcement share little about 2 men arrested at JFK airport By the CNN Wire Staff June 6, 2010 3:09 a.m. EDT New York (CNN) -- Authorities have arrested two men at New York's John F. Kennedy International Airport as part of an ongoing investigation, the FBI and New York police said early Sunday morning. Neither agency would disclose further details about the arrests. But they did not relate to "any known immediate threat to the public or active plot against the United States," said Rebekah Carmichael, a spokeswoman for the U.S. Attorney's office in Newark, New Jersey. The airport was not at risk, the FBI said. The Newark Star-Ledger newspaper said the two men were taken into custody before they boarded flights to link up with a jihadist group in Somalia. FBI agents also raided two homes in New Jersey, the newspaper said. I can't wait to find out what this is all about.
  20. Just what I thought, his recent mea culpa was complete BS.
  21. Here's Torbors pre draft writeup from SI; REGGIE TORBOR Reggie Torbor - DE Position: DE Class: Sr School: Auburn Conference: SEC Ht., Wt.: 6'2, 254 40 Time: 4.69 Grade: 3.76 Selected by New York Giants Round 4, pick 1 (97 overall) BIO: Two-year starter who posted numbers of 38/14/9.5 as a senior after junior totals of 26/8/3.5. Ran well at the Combine posting a pair of 40 times under 4.7 seconds. POSITIVES: Athletic pass rushing end who projects to linebacker at the next level. Quickly gets off the ball, breaks down well and rushes the edge with speed. Bends his knees, plays with leverage and rarely off his feet. Immediately adjusts off blocks, gets back to playing form and pursues from the backside. NEGATIVES: Overall game lacks suddenness. Seems tentative playing off the line of scrimmage. Not big and handled at the point of attack or easily ridden from pass rush angles. ANALYSIS: A fine athlete that makes a lot of plays in the offensive backfield, Torbor has the physical skills to be an outside linebacker in a conventional defense. Athletic abilities give him a nice upside for the next level. PROJECTION: Early Third Round Sounds good to me. George Edwards was his coach in Miami and the kid knows the 3-4, what's not to like?
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