In little-noticed news arising out of a recent Gulf of Mexico offshore oil and gas lease held by the U.S. Department of Interior’s Bureau of Ocean Energy Management, the floodgates have opened for Gulf offshore hydraulic fracturing (“fracking”).
With 21.6 million acres auctioned off by the Obama Administration and 433,822 acres receiving bids, some press accounts have declared BP America — of 2010 Gulf of Mexico offshore oil spill infamy — a big winner of the auction. If true, fracking and the oil and gas services companies who perform it like Halliburton, Baker Hughes and Schlumberger came in a close second.
On the day of the sale held at the Superdome in New Orleans, Louisiana, an Associated Press article explained that many of the purchased blocks sit in the Lower Tertiary basin, coined the “final frontier of oil exploration in the Gulf of Mexico” by industry analysts.
“The Lower Tertiary is an ancient layer of the earth’s crust made of dense rock,” explained AP. ”To access the mineral resources trapped within it, hydraulic fracturing activity is projected to grow in the western Gulf of Mexico by more than 10 percent this year, according to Houston-based oilfield services company Baker Hughes Inc., which operates about a third of the world’s offshore fracking rigs.”
Just over a week before the lease, the Mexican government passed energy reform legislation that will prop open the barn door for international oil and gas companies to sign joint ventures with state-owned oil company Pemex, including in Mexico’s portion of the Gulf of Mexico. …
The US is to be turned into just another resource extraction zone to leverage the empire’s power past the collapse of the persian gulf petrodollar. The cost to the environment on and off land will be huge. When they say there are too many people in the world, who do you think is at the top of their list? There are far too many americans to fill jobs in the “new” economy and there won’t be enough untainted food to eat in any case. Democide is on the agenda. You could see it 20 years ago with the passage of NAFTA. We are worse than expendable. We are a threat. The undeclared war is being fought right now.