Gulf Coast Update- Obama Speechifies (Vuvuzelas Nowhere Around When You Need Them); Moratorium Questioned; Jindal Orders Offshore Barriers Set Up

New Barak Petrolium BP Logo.

I came in towards the end of the President's platitude-laden address to the nation earlier tonight, which in a nutshell came off as a sales pitch for Cap & Trade and the ever-elusive (and I suspect heavily subsidized) 'Green Jobs'. This was one of the least convincing sales pitches for that particular steaming turd, I might add. And if you think I'm being harsh on the President, you should probably listen to some of his loudest cheerleaders in the Mainstream Media [about the only time I'd advocate intentionally being within earshot of the voice of Chris Matthews or Keith Olberman- NANESB!].

So....if I'm getting this straight, some 60 days later the President's solution to solve the problem of all that oil that's still gushing out of that ruptured well some 5000 feet undersea is to further burden already struggling American businesses, consumers and households with across-the-board energy price increases and just kind of hope that these 'Green Jobs' and alternate forms of energy will magically appear. I guess more government regulators are needed to accept gifts from oil companies, watch porn while on the clock or show up under the influence of methamphetamines.

The Gulf Coast economy received another blow when Obama ordered a 6-month moratorium on offshore drilling. Besides the already-devastated fishing industry along Louisiana the moratorium has closed down the other offshore rigs and platforms along with some of the small businesses that specialize in running supplies and personnel out to them. Earlier this week, Gulf Coast lawmakers asked for an end to the moratorium only to be rebuffed by the Administration.

In Louisiana, Gov. Jindal ordered the National Guard to begin constructing offshore barrier walls to prevent even more oil from reaching further inland, The walls will be constructed to fill in gaps between the barrier islands an estimated 9 miles off the coast.

Oil Containment operations resumed at the Deepwater Horizon site after one of the ships was struck by lightning. The strike ignited a fire on the Discoverer Enterprise drillship owned by Transocean, although operations were able to resume after about 5 hours.