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How Bad Is the Gulf Coast Oil Spill?
Dasher42 writes "Claims are circulating on the Internet that the Coast Guard fears the Deepwater Horizon well has sprung two extra leaks, raising fears that all control over the release of oil at the site will be lost. The oil field, one of the largest ever discovered, could release 50,000 barrels a day into the ocean, with implications for marine life around the globe that are difficult to comprehend. So, considering that losing our oceanic life, with subsequent unraveling of our land-based ecosystems, is a far more possible apocalyptic scenario than a killer asteroid — what do we do about it?" Other readers have sent some interesting pictures of the spill. One set shows the Deepwater Horizon rig as it collapsed into the ocean. Others, from NASA, indicate that the spill's surface area now rivals that of Florida. The US government has indicated that it intends to require BP to foot the bill for the cleanup. And the Governator has just withdrawn support for drilling off the California coast.
That's all Kathleen Blanco did after Katrina and it worked out pretty well for her - all the blame landed squarely on the President.
Shutting down free speech with violence isn't fighting fascism. It IS fascism!
Would Obama make them pay for cleanup if it was a US company?
No sig today...
But the left is going to use the "crisis" to fuck up as much as possible. The amount of oil coming out daily is roughly the amount that leaks through natural cracks in the ocean floor in the gulf daily. True it's in one spot, and will be bad for a fairly small area. It won't be of global significance, and shouldn't effect production, drilling, exploration, or gas prices, but the liberals will make sure it will. There were 6 safety systems that all had to fail for this to happen, I'm pretty sure that when all the facts come into play, it will be obvious that the accident was deliberate. A similar disaster 40 years ago was used to screw the world, and move oil production from the US to the mid east, we can all see how well that has worked out. Thousands times this amount of oil were dumped out in a much smaller body of water during the first gulf war, and now you would never know it happened.
And how are they going to raise rates when none of their competitors face a multi-billion dollar charge?
Because the entire oil industry will see an increase in the cost of oil per barrel. Major catastrophe at a large oil field = less supply = increased cost. As we have seen in recent years, the industry is susceptible to volatility based on global events and market speculation.
But it is actually worse than just an increase in price. We are likely in the early stages of government positioning for control of oil supplies. In 20-50 years, there may not be any such thing as a private oil company as governments assume strategic control of oil resources in the name of "national security."
Interesting article on this very subject.
"what do we do about it?"
Quit whining.
There's nothing "we" can do about it.
The company(s) losing 50,000 barrels a day at $100/barrel are working on it.
When did it become ok to whine?
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You are wrong, he is not saying we are as much responsible as BP. He is not saying therefore BP is not to blame.
He is saying that we all bear some responsibility for this, since we use BP products. This must be obvious, to anyone bar an American who never accepts responsibility for anything.
well then we must take it as a sign from the elder gods that the sea floor belongs to them and them alone, we are only welcome to venture there in death, lest we bring death upon the earth
Snowden and Manning are heroes.
don't bother arguing, just sit back and enjoy the show as the verbal gymnists come out to show us all how this was all the democrats' fault
Snowden and Manning are heroes.