Gulf coast oil spill

[xoxoxoBruce]

Who's responsible for this disaster? The Wall Street Journal says, it looks like Haliburton.

[Trilby]

"Gasoline prices are rising nationwide as the summer driving season nears, and oil futures appear poised for a breakout on encouraging economic news and fears about the seriousness of the Gulf of Mexico oil spill.

Over the last week, pump prices saw their biggest jump in more than a month, according to the Energy Department's weekly survey of U.S. filling stations.

Nationwide, the average price of a gallon of regular gasoline rose 4.9 cents to $2.898. In California it rose 3 cents to $3.118."

[ZenGum]

Haliburton? This does not inspire confidence.

[GunMaster357]

Reminds me of the bad days at home of Amoco Cadiz, Erika, Torrey Canyon that went to shore with full shipments of oil...

At the end of 1999, I went to help collecting oil from the Erika on the differents beaches at home...

Can you spell Sisyphus ?

[Shawnee123]

Yeah, a carefully orchestrated catastrophe.

[GunMaster357]

Cofferdams and pumps ? May be

But how long will they be pumping ?
Will they continue theirs attemps at closing that damned thing ?

[Flickster]

Originally Posted by GunMaster357

Cofferdams and pumps ? May be

But how long will they be pumping ?
Will they continue theirs attemps at closing that damned thing ?

My assumption is that these are temporary solutions to be in place until they can drill an intercepting well, seal off the one leaking which will then cut off the oil flow to the leaking riser. At that point the cofferdams would no longer be needed.

[tw]

Originally Posted by Flickster

My assumption is that these are temporary solutions

... which means three months and not during periods of extreme weather. Let's see. When does hurricane season start?

Well, BP who originally put the spill at 1000 gallons per day now estimates the number may be ten times higher than their latest numbers - 200,000 gallons per day.

Oh. And Haliburton refuses to testify before Congress. Blackwater was a division of Haliburton.

[Flickster]

Originally Posted by tw

... which means three months and not during periods of extreme weather. Let's see. When does hurricane season start?

Well, BP who originally put the spill at 1000 gallons per day now estimates the number may be ten times higher than their latest numbers - 200,000 gallons per day.

Oh. And Haliburton refuses to testify before Congress. Blackwater was a division of Haliburton.

To my knowledge there has not been a Congressional investigation regarding this spill. At this point I think there are still far too many questions as to what happened.

An investigation of what happened after the explosion could advance, but Haliburton was not included in those activities.

As for hurricane season....your point is? Not sure how surface conditions affect conditions 5,000 feet below. As for any surface activity, rigs ride out storms all the time. They do evacuate during severe storms, but the rig remains in place.

[tw]

Originally Posted by Flickster

To my knowledge there has not been a Congressional investigation regarding this spill.

I should have said Federal investigation - not Congressional.

Cementing is a process where the cement must be carefully measured, mixed, and inserted. If cement remains, then a serious and dangerous problem exists. Not known is what Haliburton is supposed to do next.

Apparently the explosion happened two hours after Haliburton applied their cement. Since Haliburton is not talking, almost nothing about the cement process is known.

Alarms should sound if a blowout is detected. None did. Question as to whether those alarms were disabled or if Haliburton did something to subvert alarms and the Blow Out Protector are unknown.

Rig only does something if connected to a ship. No ship means oils flows uncollected. Storms such as last week means a ship may not be able to remain connected.

[GunMaster357]

Let us hope it'll work.

[classicman]

Originally Posted by Brianna

gas is up to 2.89 - was 2.67 pre-spill. sheesh.

Originally Posted by classicman

I think that was more due to the seasonal increase.
I don't believe the rate hikes from this spill have started yet.

We must be a week behind you Bri. Our gas just shot up more than $.10 to over $2.90 around here ... just in the last couple days.

[Undertoad]

http://www.washingtonexaminer.com/op...#ixzz0n6Epi66e

Hmmmm

Oil that seeps naturally from the ocean floor puts 47 million gallons of crude into U.S. waters annually. Thus far, Deepwater Horizon has leaked about three million gallons. That sounds like a lot of oil, and it is. But the Exxon Valdez leaked 11 million gallons into Alaska's Prince William Sound. Even those figures are dwarfed, according to the Economist, by the amount of oil spilled in man-made disasters elsewhere around the world. Saddam Hussein's destruction of Kuwaiti oil facilities during the Gulf War dumped more than 500 million barrels of crude into the Arabian Gulf. The 1979 blowout of Mexico's Ixtoc 1 well resulted in 3.3 million barrels being dumped into the Gulf of Mexico.

[Flickster]

Originally Posted by Undertoad

http://www.washingtonexaminer.com/op...#ixzz0n6Epi66e

Hmmmm

The 1979 blowout of Mexico's Ixtoc 1 well resulted in 3.3 million barrels being dumped into the Gulf of Mexico.

Something doesn't sound right about that Ixtoc number. That spill ran for 9 months....

[xoxoxoBruce]

OK Flickster, fess up... are you in the oil business?