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Oil Spill - Why are foreign companies drilling our oil?

Discussion in 'The OT' started by wilbur_the_goose, May 2, 2010.

  1. May 27, 2010 #61 of 126
    AntAltMike

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    Hows about, 125.6 to 154.7 Kg per barrel, 1000 Kg per tonne, so about 7 to 8 barrels per "tonne".
     
  2. May 27, 2010 #62 of 126
    phrelin

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    From the AP via Yahoo:
    Hmmm. Isn't ideal but not necessarily a problem.:confused:
     
  3. May 27, 2010 #63 of 126
    wilbur_the_goose

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    Orwell would be proud.
    So would Kafka.
     
  4. May 29, 2010 #64 of 126
    phrelin

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    Pick your choice of news sources, but apparently "Isn't ideal" turned out not only to be a problem but a failure. Guess I'll be redoing the graphic next week.:(
     
  5. May 29, 2010 #65 of 126
    dpeters11

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    Based on BPs live feed, it does seem pretty clear that it's a complete failure. So now we move to pieces of tire and golf balls?
     
  6. May 29, 2010 #66 of 126
    phrelin

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    From the San Francisco Chronicle:
    Well, apparently we can do that.:rolleyes:
     
  7. May 30, 2010 #67 of 126
    phrelin

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    Well, it now looks like August before the leak is plugged. While you can take your pick of articles, this one from the AP via Yahoo speculates on the upcoming problems related to hurricanes and gives the current estimate:
    So I've added the "best case scenario" to the graphic moving Deepwater Horizon into the top ten accidental oil spills (the Sea Star would be pushed off the list).

    [​IMG]

    What's disturbing about the graphic is how it has changed since I posted the original above.:nono2:
     
  8. May 31, 2010 #68 of 126
    matt

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  9. May 31, 2010 #69 of 126
    wilbur_the_goose

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    Looks like we're screwed until the relief wells are drilled - AUGUST.

    This may end up being our country's greatest disaster - ever.
     
  10. May 31, 2010 #70 of 126
    AntAltMike

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    We need Ross Perot. He always has (well, had) simple solutions for eveything.
     
  11. May 31, 2010 #71 of 126
    wilbur_the_goose

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    I find it amazing that nobody in the world knows how to stop the oil.

    This could be the end of BP in the long run...
     
  12. May 31, 2010 #72 of 126
    Stuart Sweet

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    That may be a bit dramatic, but I'll agree with what a lot of people are thinking... I'm just flabbergasted that this is still going on.
     
  13. May 31, 2010 #73 of 126
    phrelin

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    Because it has been kept so much in our minds as a cautionary reminder, we all remembered Ixtoc I. Right?

    Well, Ixtoc I was difficult to plug in 1979-80. From Wikipedia:
    So collectively, the oil companies and the world's governments set up a costly continuing safety program....

    Oh wait! Ixtoc was a disaster caused by an irresponsible, greedy socialist government. And it occurred during the years when "they" started selling us on the "1800-1950 American West model of resource management" as the way things ought to be.

    And so that's the way it is....
     
  14. May 31, 2010 #74 of 126
    Stewart Vernon

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    The big problem here is that a company drilled for oil without any kind of reliable disaster recovery plan.

    The next biggest problem is that no one who matters will learn anything that will change procedures... and undoubtedly something like this will happen again.
     
  15. May 31, 2010 #75 of 126
    armophob

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    In BP's bucket of profits this just a drop. Pardon the pun.
    But I will say I am very relieved this is not an American Corporation at this point in the game. The trend these days would be to file a premature bankruptcy in anticipation of the legal suits and reemerge as UK Oil>
     
  16. Jun 5, 2010 #76 of 126
    phrelin

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    Are these some kind of prescient words:

    Nibblin' on sponge cake
    Watchin' the sun bake
    All of those tourists covered with oil...


    - lyrics from Margaritaville, by Jimmy Buffett, 1977.

    As the blobs make their way to the Florida Coast, the Tampa Tribune offered an article headlined Jimmy Buffett pressing ahead with Pensacola Beach hotel:
    Actually, most news reports are not optimistic, reporting hotel reservation cancellations. And Buffett is opening his Margaritaville Beach Hotel July 1 on a site where Hurricane Ivan wiped out a Holiday Inn in 2004.:eek2:

    But hey, the song ends with this moral lesson:

    Some people claim that there's a woman to blame
    But I know it's my own damn fault
    Yes and some people claim that there's a woman to blame
    And I know it's my own damn fault

    Just add another note of interest today, from a Washington Post article headlined BP's Deepwater oil spill hurts British pensioners, investors:
     
  17. Jun 10, 2010 #77 of 126
    wilbur_the_goose

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  18. Jun 10, 2010 #78 of 126
    djlong

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    Then they'd have to go through bankruptcy court and, quite frankly, any judge with two neurons to rub together could see how much they're making (they still paid out billions in dividends, just a few million in cleanup costs and other claims so far) and reject any bankruptcy protection.

    BP knows they make too much money to declare bankruptcy. The *shareholders* are being hammered, though.
     
  19. Jun 10, 2010 #79 of 126
    AntAltMike

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    I just heard this morning that BP is now estimating that it will be capturing about 22,000 to 23,000 barrels a day from this makeshift system, but that the leakage will continue be substantial. If we conclude from that that it has been spewing well over 25,000 barrels a day from the beginning, then the cumulative spill will surely rival Ixtoc 1, even with this amelioration.
     
  20. Jun 10, 2010 #80 of 126
    wilbur_the_goose

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    Sure will, Mike.

    My worst fear is what will happen when a tropical storm hits the area. I could see a large area becoming a dead zone, devoid of all life, for decades, if not centuries.

    The USA really needs to wean ourselves off of oil. This would be the time to do a bipartisan effort to demand auto mileage standards of 50 MPG by 2020. If we can put a man on the moon, we can certainly develop a fuel-efficient car, no?
     

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