Deep-water oil exploration has been disrupted from the Gulf of Mexico to Brazil by the discovery of faulty bolts used in safety equipment less than three years after the worst-ever U.S. maritime crude spill. 

Fuel Fix reports that potential downtime for active rigs needing replacement bolts “ranges from none — for wells almost completely drilled — to 14 days.”

“An outdated and inefficient project process, budget cuts, lack of accountability, rogue attorneys, and the rise of the bureaucratic morass has related the once-exemplary corps to an entity incapable of progress.” 

Sen. David Vitter agrees about the skyrocketing costs and, like Graves, cited the Morganza to the Gulf Hurricane Protection Project as a prime example. Since 2007 the corps has spent millions studying the project as estimated costs ballooned from $887 million to $12 billion. Vitter intends to amend the Water Resources Development Act to “make the corps more efficient and jump-start projects in Louisiana.”

A planned 118,000-square-foot Wal-Mart Supercenter will replace the Gentilly Woods shopping center on Chef Menteur Highway at Press Drive. The project, including demolition of the existing mall, is expected to cost about $13 million and be completed by mid-2014.

Mark Moseley

Mark Moseley blogs at Your Right Hand Thief. Until mid 2014, Mark Moseley was The Lens' opinion writer, engagement specialist and coordinator for the Charter Schools Reporting Corps. After Katrina and...