Another Disgusting Oil Spill!!

stdreb27

Active Member
Originally Posted by lovethesea
http:///forum/post/3274210
this whole thing makes me anxious.....really! Pelicans, dolphins, fish, reefs, more fish, more reefs UGH!! BP, Haliburton, TransOcean, millions of $$$$$ ....who cares....this is a mess. drill here, drill there, it doesn't matter, make it work right. This shouldn't happen ANYwhere , ANYtime. The evnironment does not deserve it. People/politicians are making millions, FIX this. This rig had many complaints/problems over looked. How many other rigs have the same problem. HUGE hurricane season coming up, it only takes one BIG mother of a hurricane to take one of these rigs out and we can have another issue on our hands. We need another shut off........away from the rigSSS itself. PERIOD
a hurricane is a planned event. These rigs like the horizon are long gone when a major weather event is on the way. They really do this for the most part 3 or 4 days in advance. So mobile rigs like the horizon get put on a barge and floated away. We had 4 major hurricanes as big as they get go through that region. And some of the platforms snapped like twigs. With no major or really even minor spills at all. They are well prepared for a planned natural disaster. And these days you can't put a platform outt here that can't withstand a 100 year storm.
Keep in mind the horizon was a mobile drilling rig. Basically that is a boat. They have these ships that are ballested. They Submerge their deck then push the horizon onto it's deck empty the ballist tanks and then float over to the next job. The well is abandoned until they can go over and install the production platform.
 

mrdc

Active Member
Experts have said that a bend in the damaged riser likely was restricting the flow of oil somewhat, so slicing it off and installing a new containment valve is risky.
"If they can't get that valve on, things will get much worse," said Philip W. Johnson, an engineering professor at the University of Alabama.
I hope "worse" doesn't happen.
 

stdreb27

Active Member
Originally Posted by mrdc
http:///forum/post/3274246
Experts have said that a bend in the damaged riser likely was restricting the flow of oil somewhat, so slicing it off and installing a new containment valve is risky.
"If they can't get that valve on, things will get much worse," said Philip W. Johnson, an engineering professor at the University of Alabama.
I hope "worse" doesn't happen.
lol, maybe they aught to just try to completely crimp it... I"ve been wondering this whole time why they've been trying to work on the end of the riser, instead of just cutting it, and working around the failed BOP's. You've just answered my questions...
 

reefraff

Active Member
If they can get a clean cut the should be able to slide a valve over the casing and clamp it down, in theory.
 

cranberry

Active Member
So, if it can't be done until August.... what does that mean for us environmentally? Are they making projections?
 

mrdc

Active Member
Haven't seen any projections but it appears to have disastrous potential.
Speaker of the House Nancy Pelosi, D-Calif., blamed the Bush administration for any lack of oversight leading up to the Gulf oil spill. The Obama administration, on the other hand, is blameless.
From Talk Radio News Service:
“Many of the people appointed in the Bush administration are still burrowed in the agencies that are supposed to oversee the [oil] industry,” Pelosi said when asked if Democrats could have prevented or mitigated the crisis by keeping a closer watch on the industry.
Added the Speaker, “the cozy relationships between the Bush administration’s agency leadership and the industry is clear…I’ve heard no complaints from my members about the way the president has handled it,” Pelosi stated.
On Friday, the Washington Examiner requested that Speaker Pelosi’s office release the list of Bush appointees to whom she was referring. We’ll let you know when we hear back.
 

reefraff

Active Member
Originally Posted by mrdc
http:///forum/post/3274356
Haven't seen any projections but it appears to have disastrous potential.
Speaker of the House Nancy Pelosi, D-Calif., blamed the Bush administration for any lack of oversight leading up to the Gulf oil spill. The Obama administration, on the other hand, is blameless.
From Talk Radio News Service:
“Many of the people appointed in the Bush administration are still burrowed in the agencies that are supposed to oversee the [oil] industry,” Pelosi said when asked if Democrats could have prevented or mitigated the crisis by keeping a closer watch on the industry.
Added the Speaker, “the cozy relationships between the Bush administration’s agency leadership and the industry is clear…I’ve heard no complaints from my members about the way the president has handled it,” Pelosi stated.
On Friday, the Washington Examiner requested that Speaker Pelosi’s office release the list of Bush appointees to whom she was referring. We’ll let you know when we hear back.
Go ahead Nancy, blame Bush, I dare ya
 

reefraff

Active Member
Yeah, people have their head in the sand if they think we will ever reduce the demand for oil drilling. We need the oil for a whole lot more than just gasoline. The easy to get to stuff is long gone. Even if we allowed drilling on shore in national parks etc we will still need the offshore oil as well so we better learn to do it right. Another idea is going in and opening up old fields that were abandoned in the days before modern technology made it possible to recover more oil.
I know that where I grew up they capped a whole lot of still productive wells because the land value was higher than the oil back in the 70's and 80's but now you would have to decide, is it worth tearing down a couple of 600,000.00 houses to re drill a 20 barrel a day well?
 

stdreb27

Active Member
Originally Posted by scottnlisa
http:///forum/post/3274371
It is nor Bush or Obamas fault. it is he American peoples fault for this spill. We need oil for many, I mean many everyday common items.
http://wiki.answers.com/Q/What_produ...from_crude_oil
So if we the people can give up these everyday products then there would be no need to drill for oil. But we can't. We are caught between a rock and a hard space.
lol, I'm just waiting for the greenies to turn on wind turbines, those kill more birds than oil ever has... And yet, I got front page pictures of brown birds, and no pictures of bird killing fields, ie wind farms...
 

mrdc

Active Member
Man the lawyers are going to be coming out like vultures on an armadillo on my street.
 

reefraff

Active Member
Yeah, the crack about all the lawsuits is one of the most accurate statements the head of BP has said to date.
 

mrdc

Active Member
What we talked about at work this afternoon is about BP's stock that has been going down (6 points today). And then the AG comes out with the criminal probe report after the market close today so I don't know what that will do with the stock tomorrow. I say the market already corrected for it. But anyway, I read a BP analysts' article that stated the stock dropping was market overreacting. When an analyst says that I think all he is doing is trying to protect his people for the most part.
Anyway, here is our talk this afternoon. I asked if BP's stock was going to fall enough to make them vulnerable to a takeover. I assume if the oil spill problem is still around and if the stock falls enough then the buyee would have to assume their problem and why would they want to do that. But what if the problem appears to be solved and the stock happens to be so low at the time, could someone move in? I guess you can see where the talk is going.
 

reefraff

Active Member
At today;s close BP is paying a nearly 8 percent dividend. I wonder how many will buy into the stock for that alone? I like dividend stocks but I wouldn't count on this dividend being around by the end of summer.
 

stdreb27

Active Member
I don't understand the beating. BP has insurance for things like this. Personally I'm tempted to pick some up
 
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