Over Optimistic

http://www.cbc.ca/canada/newfoundland-labrador/story/2010/06/15/chevron-deepwater-oil-drill-615.html#socialcomments

Chevron Canada executives defended Monday their decision to pursue an unprecedented exploratory well off Newfoundland, so soon in the wake of the Gulf of Mexico oil spill disaster.

The project has attracted increasing international attention — and scrutiny — because Chevron is drilling a well in more than 2,600 metres of water, significantly deeper than the Deepwater Horizon project in the Gulf of Mexico, where a blowout in April continues to have a devastating environmental impact.

But vice-president Mark MacLeod said Chevron has an industry-leading safety record.

"Chevron has drilled over 300 deepwater wells. We've never had a blowout in deep water," MacLeod told reporters during a conference call.

Hmmmnnn -couldn't BP have said the they had never had a blowout  before April?  Moreover, perhaps Chevron should share their plans for shutting off the Gulf of Mexico gusher.  If that (hypothetical) plan works expeditiously,  perhaps we could belive that they had the ability to shut off a blowout off Newfoundland.

Oil Spills

http://www.publicnewsservice.org/index.php?/content/article/14027-1

As the costs of Gulf Coast cleanup efforts from the BP oil spill continue to rise, a new report examines the industry as a whole, in terms of safety and accident records. The international environmental education and resource group Global Exchange has found that operating errors and incidents around the globe are more common than the public likely realizes because most events don't make the news.

http://truecostofchevron.com/report.html

In 2009 Chevron spent more money lobbying thge federal government than at any time in its history, more than 60 % over 2008 - Chevron's previous record breaking year. With more than $ 21 million spent, Chevron earned a spot on the top ten list of highest spenders on all  2009 federal lobbying. ...while campaign giving became more partisan.....Chevron has led lobbying efforts for decades to get the U.S. moratorium on offshore drilling lifted.

I wonder who is lobbying the BC government in an efffort to permit offshore drilling on the  coast of BC?  Who in their right mind thinks that would be a good thing?   Oil company executives and shareholders, perhaps?   Please ensure that your RRSP doesn't hold any oil related mutual funds or shares.  And please write letters to the provincial and federal governemtns expressing your disapproval of osshore drilling.