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Posted on October 7 at 5:22 a.m.
Paid for with $0.83 per $1 of taxpayer assets… the Venoco brass...
Tim Marquez - $3,143,145/yearEdward J. O'Donnell - $2,421,880/yearTimothy A. Ficker - $1,293,992/year
Paid for with less than $0.48 per $1 of taxpayer contributions…
Shuji Nakamura… $358,108/year, UCSB Professor.
Nakamura was just awarded the Nobel Prize in Physics.
The local oil industry enjoys much greater taxpayer subsidies than UCSB does. What do they do? H2S, sulfurous releases, and a increase in seepage in the South Ellwood field due to their reinjection/high intensity production techniques.
I am quite conservative, and so I believe in frugal use of taxpayer funds and rewards for actual performance. UCSB has given good value through the years with actual innovation and Nobel Prizes. The local oil industry has been yahoos who suck up taxpayer funds and mainly give us oil spills and attitude, not performance.
On The Misguided P(rofessor)
Posted on October 5 at 6:26 p.m.
Forgot to say…
State Taxpayers pay $0.83 of every dollar for Venoco's lifting of oil from State Waters in the South Ellwood Field off of Goleta.
State Taxpayers now pay less than $0.48 of every dollar spent to educate undergrads at the University of California.
Gotta keep guys like Marquez in their multimillion $ salaries at the taxpayers expense. And we got to keep regular folks in debt for their higher education so Marquez can continue to rake in the multimillions.
Doesn't Venoco stand for Venezuela Oil Company?
Posted on October 5 at 5:45 p.m.
Yup, Veneco has produced a lot of pollution (H2S, sulfurous compounds, emissions from Jovolan) that has degraded the neighborhoods near the Ellwood Onshore Facility and Marine Terminal.
Perhaps Marquez does work 24/7 to misrepresent and dupe the neighbors of his facility. The risk he takes is that honest, good people we figure out his whoppers and porkpies.
Taxpayers now pay $0.83 per dollar of oil that Venoco is contracted by the State of California to remove from the South Ellwood field using Platform Holly. The taxpayers only get to keep $0.17 per dollar of oil. Back when Holly was first built in 1965 the taxpayer kept $0.45 per dollar, and at that time all the start up costs had to be covered. Venoco has gotten an amazing sweetheart deal on a site that was already developed (no risk). No bid contract to lift the boil.
And of course Venoco is putting big money into the No on P campaign. And they did steam injection for high-intensity production that most likely led to the 1973 Coal Oil Point upwelling. The seeps around Coal Oil Point were far lower in the 1940's prior to all the oil extraction work in the South Ellwood field. The methane emission from the seems is quite likely a consequence of all the injection done by Venoco and predecessors at Platform Holly.
Meanwhile, Nobel laureate UCSB Professor Walter Kohn invented the density functional theory, which has created more wealth that Venoco by a factor of 100. Almost all invention of new molecules for the chemical and biochemical industries now use Kohn's work. The economic contribution of UCSB Professors Herbert Kroemer's and Shuji Nakamura to optoelectronics (Nakamura invented the blue LED that allowed LED lightbulbs that are in use now all throughout the world) dwarf anything Venoco did. Nakamura took risks that make Marquez and Venoco look like J. Wellington Wimpy.
That the Venoco brass pull in multimillion dollar salaries when their Holly oil is subsidized 84% by the taxpayer is just a corrupt embarrassment. Another reason I lean toward yes on P. If Venoco supports no on P, a good reason to lean against that corrupt company.
Posted on October 4 at 11:58 p.m.
Here is what Venoco executives get paid annually for fouling the air and lying about it around Platform Holly & the Ellwood Onshore facility. Every drop of oil lifted at Holly is public property; State coastal tideland oil owned by the taxpayer and consigned via sweetheart deals to Venoco.
Tim Marquez - $3,143,145Edward J. O'Donnell - $2,421,880Timothy A. Ficker - $1,293,992.
These dwarf the highest salaries at UCSB, which are reserved for Nobel Prize Winners.
Posted on October 4 at 11:52 p.m.
Whether onshore or offshore, it is the same oil industry, and they've shown what kind of metal they are made of, the very worst kind.
Never a word of responsibility or apology for their deplorable behavior in Santa Barbara County.
Posted on October 4 at 5:49 p.m.
The seep report from the 1970's had maps dating back to the 1940's, at which time the seeps near Coal Oil Point were far, far less active than they are presently.
The 1973 Coal Oil Point upwelling, which occurred 5 months after the commencement of reinjection at Holly, suggests that reinjection has greatly increased the seepage of ROG's at Coal Oil Point.
Which means: stimulation of the sort that would be banned (onshore, of course) by Measure P could greatly increase methane emissions. The Monterey shale is just too porous.
Posted on October 4 at 3:24 p.m.
Fred Hartley, president of Union Oil, after the 1969 blowout caused by carelessness at Platform A… `I am amazed at the publicity for the loss of a few birds.'
We all worked hard, cleaned the beaches and the birds and although conservative, many of us indeed subscribe to the Precautionary Principle.
The oil industry has never manned up and taken responsibility in causing the backlash against oil production here in Santa Barbara by their deplorable carelessness and negative PR after the blowout in 1969.
And so it goes. nativegeo, feel free to move to North Dakota where oil production is in full swing. Here in Santa Barbara it was the oil industry itself which peed in its mess kit by the blowout at Platform A and caused much of our local oil wealth to be off limits.
It continued with the deplorable actions of Venoco at the Ellwood Onshore Facility, with Jovolan, and with Platform Holly.
Measure P is certainly not my first choice but the irresponsibility of the local oil industry has made it the only reasonable choice.
Posted on October 1 at 10:10 p.m.
What would be rational would be for the oil industry to politely apologize and take honest responsibility for the blowout at Platform A in 1969 and for all the noxious emissions from Platform Holly, Jovolan, and the Ellwood Onshore Facility.
On The Misguided Measure P
Posted on October 1 at 5:51 p.m.
solvangman, looking at:
Boles is not wacky. Firefighters are… they should know better than to jump into politics, because many members of the public presume that if they are in favor of Measure P, the firefighters will not answer emergency service calls to their home. The firefighters should never give the impression that their services are conditioned upon any member of the public's political views; the firefighters have a duty to *everyone*.
The blue box down the page is wacky.
I could be convinced by an oil industry consensus that clearly says: ``Our industry blew it, it was all our fault in 1969 in Santa Barbara when Platform A released oil. Greka was our fault. The noxious emissions from Jovolan and Platform Holly and the Ellwood Onshore Facility were our fault and we sandbagged and covered up our responsibility. We have been duplicitous and dishonest in the past but we are turning over a new leaf.
Measure P is so odious that it dwarfs a reasonable to response to our prior misbehaviors. Please vote No.''
Posted on October 1 at 11:51 a.m.
nativegeo… it is all the oil industry who runs onshore and offshore oil, and whether Greka or the Ellwood Onshore Processing facility, my direct experience has been highly negative with the oil industry here.
Sandbagging, refusal to step up and be honest, a sense of entitlement… the oil industry has peed in their mess kit here in Santa Barbara County. The overregulation and direct law making like Measure P are directly the fault of the oil industry's own bad behavior.
Honesty and forthrightness would turn a lot of people here against Measure P. The same wacky PR campaign of shrill scare tactics keeps people in their zone of suspicion of the local oil industry.