So what do u all think of this mess, where in cause of BP Oil

[trulykiwi]

Why would a professional investment firm sell stock when it was at a 90-day high? Not too difficult to guess.

But if you need another theory: maybe they believed--as this market analyst did the day before the blast--that a government crackdown on financial firms trading oil futures could cause the bottom to fall out of oil prices.

Actually it does seem a bit difficult to guess....and what you say seems difficult to believe......sounds rigged by all involved to me. That's what seems not too difficult to guess in my eyes!

Oh and I apologize for the misspelling of your name that was truly a mistake....

[Just_A_Guy]

Actually it does seem a bit difficult to guess....and what you say seems difficult to believe......sounds rigged by all involved to me. That's what seems not too difficult to guess in my eyes!

Dude, I linked to an article dated the day before the spill explaining why it was (arguably) good to get out of oil generally, as soon as possible.

Oh and I apologize for the misspelling of your name that was truly a mistake....

I figured it was (but thanks for stepping up for me, JD).

[Hemidakota]

Technology Review: Blogs: Potential Energy: DOE Releases Raw Data on Oil Spill

[candyprpl]

I haven't read all the posts but I received this as an email and thought it was incredible. It's not a solution for stopping the leak but for the clean up and it's impressive.

Cool solution to clean up oil disaster.

[Just_A_Guy]

"Bush Lied, People Died" is apparently about to be replaced with "Deepwater Blew and Obama Knew"

Catchy . . .

[Hemidakota]

New strain of bacteria discovered that could aid in oil spill, other environmental cleanup

[Hemidakota]

"Bush Lied, People Died" is apparently about to be replaced with "Deepwater Blew and Obama Knew"

Catchy . . .

The longer he stays in office the worst his ratings will become.

[trulykiwi]

Oils a lubricant right???? I mean what does the earth need oil for? What is the repercussion of all this to earth? Does the earth need this element to work properly and are we draining a key part to the planet functioning properly?

[john doe]

As long as plants keep dying, the earth will make more oil. It is a renewable energy source, it just takes millions of years to do it.

[Dravin]

Oils a lubricant right???? I mean what does the earth need oil for? What is the repercussion of all this to earth? Does the earth need this element to work properly and are we draining a key part to the planet functioning properly?

Huh? The earth doesn't need oil anymore than it needs diamonds, it is something that happens as a result of geologic processes. It's kinda like finding a dust bunny under someone's couch and asking them why they need dust bunnies. As far as the planet functioning properly you could extract every ounce of oil out of the crust and geologic processes will keep on happily churning away as they have for billions of years (and as John Doe pointed out, oil will keep on being created, just not at a rate useful for human consumption).

[Just_A_Guy]

I'm not convinced the below is very fair to BP as satire, but it's funny nonetheless:

(Warning: includes some salty language, including an F-bomb or two)

[Hemidakota]

Latest slipped from two scientist at the first meeting talked as this was pure speculation....I have to agree with their statement. Today, this issue on oil is formed has began some grass roots in causing a dividing of opinions from this old notion. Having old oil wells that require to be recapped in the last decade may have some knew answers to the former belief.

Hopefully, our blood doesn't drained the rate we are doing to the earth to renew itself.

Trulykiwi this is question that needs to be answered.

[Hemidakota]

"Lawmakers to BP: Put up $20 billion"

Democrats call on BP to set aside $20 billion for damages - Jun. 14, 2010

[Traveler]

In my post - # 46 of this thread - Item #5 I mentioned that some engineer warned of the problem before it happened and that management would not respond.

I wanted to point out that this process was followed in the BP failed rig. Link FOXNews.com - BP Engineer Called Doomed Rig a 'Nightmare Well'

The Traveler

[Hemidakota]

Who was management? Not BP but the owners of the rig. Now, I am very curious, to review documentation, if government inspectors did in fact visited this rig and signed off its inspection.

Edited June 15, 2010 by Hemidakota

[Hemidakota]

In my post - # 46 of this thread - Item #5 I mentioned that some engineer warned of the problem before it happened and that management would not respond.

I wanted to point out that this process was followed in the BP failed rig. Link FOXNews.com - BP Engineer Called Doomed Rig a 'Nightmare Well'

The Traveler

The link brings us back to response dialog.

[Hemidakota]

I failed to add, this morning: as I stated before, the president was given the opportunity by specific European company who latest technology could have helped to prevent the further spillage to the coastal regions. He turned it down. Why? As I stated before, this man wants to create disasters in order to be a Savior to stop the disasters. According to the meager news wire, the government wants to step in to be that savior...

[HoosierGuy]

I failed to add, this morning: as I stated before, the president was given the opportunity by specific European company who latest technology could have helped to prevent the further spillage to the coastal regions. He turned it down. Why? As I stated before, this man wants to create disasters in order to be a Savior to stop the disasters. According to the meager news wire, the government wants to step in to be that savior...

That's nuts. Of course he would stop it if he or the Government could actually could He's not holding off just to play the hero. If anybody is hoping to use this to a political advantage it's Jendal who first didn't want U.S. stimulus money and now cries - Where's the Government to save us?!!!

[Hemidakota]

Ugh no. He simply turned down the offer when the leak began. It may sounds nuts but so is our meager news service within this country reporting real news when it counts.

[HoosierGuy]

I wonder if those fishermen who are crying down there about their livelihood have actually sat down and told themselves - "Hey, I voted conservative all my life. I voted for those who support deregulation and less and less Government oversight. I supported the Bush administration and their attack on big government. Look what has happened! Less oversight means more disasters! It's my fault! It's my fault! It's my fault for supporting those who want companies to have free rule over everything and everybody!"

Yeah fishermen, it is your fault too. You are getting what you have voted for. Enjoy. Factories are closing down all the time in the mid-west. They are told - get retrained! Ok, fishermen - stop your sobbing and go get retrained!

[Just_A_Guy]

Less oversight means more disasters! It's my fault! It's my fault! It's my fault for supporting those who want companies to have free rule over everything and everybody!"

As I already mentioned to you elsewhere,

AG Holder has already hinted he has a laundry list of regulatory violations he's planning to deploy against BP. Which indicates that federal regulation did not keep BP from doing illegal stuff.

The knowledge that one will be held financially liable for the consequences of one's negligence by a functional civil court system, is a far better deterrent to bad behavior than is a battery of regulators who (apparently) spend a decent portion of their days watching naughty videos on the taxpayers' dime.

[Hemidakota]

BP cleanup: Are other firms in Gulf oil spill blame game helping? - CSMonitor.com

[Hemidakota]

--------------------

News Alert: BP temporarily halts containment of gulf oil leak

02:41 PM EDT Tuesday, June 15, 2010

--------------------

BP has shut down siphoning efforts from its leaking well in the Gulf of Mexico after a ship collecting the oil caught fire, the company says. The fire is believed to have been caused by lightning. BP says the capture operation is expected to resume later Tuesday.

For more information, visit washingtonpost.com:

washingtonpost.com - nation, world, technology and Washington area news and headlines

[Hemidakota]

--------------------

News Alert: Gulf oil leak estimates dramatically rise again

05:28 PM EDT Tuesday, June 15, 2010

--------------------

The government's Flow Rate Technical Group estimates that the BP well is now leaking 35,000 to 60,000 barrels a day into the Gulf of Mexico, the Interior Department said in a statement. Last Thursday saw the release of three preliminary estimates of the flow from before the well's riser pipe was sheared, ranging from 12,600 to 50,000 barrels a day. Initial estimates of the flow were 5,000 barrels of oil a day.

BP is working to capture part of the oil flow, though containment efforts were halted earlier this afternoon due to a ship fire.

For more information, visit washingtonpost.com:

washingtonpost.com - nation, world, technology and Washington area news and headlines

[john doe]

I wonder if those fishermen who are crying down there about their livelihood have actually sat down and told themselves - "Hey, I voted conservative all my life. I voted for those who support deregulation and less and less Government oversight. I supported the Bush administration and their attack on big government. Look what has happened! Less oversight means more disasters! It's my fault! It's my fault! It's my fault for supporting those who want companies to have free rule over everything and everybody!"

Yeah fishermen, it is your fault too. You are getting what you have voted for. Enjoy. Factories are closing down all the time in the mid-west. They are told - get retrained! Ok, fishermen - stop your sobbing and go get retrained!

Yeah, because we all know that all disasters are caused by conservatives. ;)Everyone knows that this had nothing to do with regulators too busy watching porn to pay attention to what the drillers who were continually pushed into deeper and deeper water by liberals were doing. And we all know that even though this happened on Obama's watch, anything bad that happens can be blamed on George Bush. But if anything good happens it's all due to the superior leadership of Obama, and nothing to do with any predecessor.