Gulf coast oil spill

[Spexxvet]

Drill, baby, drill!

[Stormieweather]

I want to know how those 40' tall silo-thingys they're making to contain the oil are going to be placed in 5,000 ft of water. WTF?! And what do they need 3 of them for?

I'm pissed as hell about my beautiful Clearwater beaches being ruined. Not to mention the wildlife .

I had a bunch of summer fun planned that involved the coast and coastal islands. Bet all that is fubar'd now.

I read that the high-tech shut off valve would have cost $500k, so BP declined to install it. Now the cleanup is estimated to cost into the billions.

[Spexxvet]

Blame Classicman and merc.

[TheMercenary]

Originally Posted by Spexxvet

Blame Classicman and merc.

Why do you want to suck my cock?

[Kitsune]

Originally Posted by Stormieweather

I'm pissed as hell about my beautiful Clearwater beaches being ruined. Not to mention the wildlife .

I need to get out to Fort Desoto and St. Pete Beach before this makes mess makes it way south. Have a drink or three with my feet in sand while its still quartz-white.

[Stormieweather]

Originally Posted by Kitsune

I need to get out to Fort Desoto and St. Pete Beach before this makes mess makes it way south. Have a drink or three with my feet in sand while its still quartz-white.

I know . I was going to have my daughter's 5th birthday celebration at Fort Desoto. She's never been. And now, it may never be the same again /sob.

[Flickster]

Originally Posted by Stormieweather

I want to know how those 40' tall silo-thingys they're making to contain the oil are going to be placed in 5,000 ft of water. WTF?! And what do they need 3 of them for?

I'm pissed as hell about my beautiful Clearwater beaches being ruined. Not to mention the wildlife .

I had a bunch of summer fun planned that involved the coast and coastal islands. Bet all that is fubar'd now.

I read that the high-tech shut off valve would have cost $500k, so BP declined to install it. Now the cleanup is estimated to cost into the billions.

The oil is not leaking from the well head. The majority is leaking from the end of the severed riser (pipe that ran between the wellhead and surface rig) There are also two lesser leaks from cracks which formed in the riser due to bending/flexing stress that it was not designed to withstand.

Here's a pic of the units that are going to be laced over the severed end and leaking cracks in the riser



There will be a pipe that attaches to the tops of these units to allow the oil to be brought to the surface vessels

Hope it works

[Trilby]

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

[classicman]

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

[glatt]

Why would this spill cause rate hikes? Maybe down the road if it results in greater safety regulations that cost more. But the oil lost is relatively small compared to the entire oil supply out there. It's huge in terms of an oil spill, but it's a drop in the bucket compared to what we use.

BP is going to lose a lot of money, and they may raise prices a little, but if they raise them too much, people will just shop elsewhere.

[Flickster]

Originally Posted by glatt

Why would this spill cause rate hikes? Maybe down the road if it results in greater safety regulations that cost more. But the oil lost is relatively small compared to the entire oil supply out there. It's huge in terms of an oil spill, but it's a drop in the bucket compared to what we use.

BP is going to lose a lot of money, and they may raise prices a little, but if they raise them too much, people will just shop elsewhere.

This rig was not yet in production, so this spill does not impact what's available on the market unless other Gulf rigs are shut down due to oil slick.

As for BP's losses, yes they will be responsible for cleanup costs, however their liability for non-cleanup related costs are capped at $75MM. This cap was put in place by Congress after the Exxon Valdez spill in Alaska.

[Shawnee123]

Everything that happens in the free world, and the not-so-free world, is an excuse for rising gas prices. Oil as god has its shiny hand in everything!

[Urbane Guerrilla]

Stormieweather seems to have cofferdams in mind. Exerpt:

While oil continues to pour out, containment is the best strategy. BP has rushed to produce giant domes called cofferdams that it intends to place over the leaking well head, to isolate the oil from the surrounding sea. The plan would then be to pump the trapped oil and water mix into storage barges on the surface. It will take at least a week to fit these domes, and engineers are uncertain how they will perform at deep sea pressures.

[Flickster]

Originally Posted by Urbane Guerrilla

Stormieweather seems to have cofferdams in mind. Exerpt:

BP has rushed to produce giant domes called cofferdams that it intends to place over the leaking well head

This is not correct. The initial dome/cofferdam would not be placed over the wellhead. They would be placed over the end of the severed riser which is some distance from the well head. The majority of the oil is pouring from this location. Others may be placed over smaller leaks in the riser line as well. There is no plan to place one over the wellhead itself. They need to keep that as clear as possible for additional repairs on the failed BOP unit.

[skysidhe]

raise hikes? I imagine corporate suites dropping hankies on the floor with price increments of,2, 5,10 and 20 cent markups or downs written on them. Someone yells go and the first hankie picked up is the new price increase or decrease for the day. yay!