- Broker IDX Broker
- Brokerage Office: 352.540.9369
- Cell: 111.222.3333
- Home: 333.444.5555
Obama: Oil spill may be unprecedented disaster
So, the blame game has started, the smoke screens are puffing up and there is enough finger pointing to poke several peoples eye's out. The distract and hide session of this disaster is now in full swing. Everybody agrees on a few key points though.
According to the LA Times (http://latimesblogs.latimes.com/greenspace/2010/04/gulf-oil-spill-the-halliburton-connection.html)TheHalliburton connection -the giant energy services company, which was responsible for cementing the drill into place below the water. The company acknowledged Friday that it had completed the final cementing of the oil well and pipe just 20 hours before the blowout last week. Ok, now this part is important - "...cementing was the single most important factor in 18 of 39 well blowouts in the Gulf of Mexico over a 14-year period" It goes on to say that Halliburton is facing litigation about a previous leak blamed on a poor cement job of theirs in the Timor Sea off Australia. (http://www.guardian.co.uk/environment/2009/oct/23/australia-oil-spill) This leak gushed oil into the Timor Sea for MONTHS before it could be brought under control.
So folks, some of your fellow humans knew this was a problem and did it anyway. Once again that same corporate attitude that profit is the key to a successful life and entrance to the Pearly Gates. Never mind the death and destruction that mindset creates and indeed propagates.
In a statement Halliburton says; "Halliburton said: "It is premature and irresponsible to speculate on any specific causal issues." ..... what? Premature? You knew this was a problem - 18 out of 39 well blowouts were attributed to cementing -cementing was the single most-important factor in 18 of 39 well blowouts in the Gulf of Mexico over a 14-year period. So, no I don't think this is premature, this Ape thinks it is well overdue.
The statement from Halliburton goes on to state that "well operations had not yet reached the point requiring the placement of the final cement plug, which would enable the planned temporary abandonment of the well," yet another what? So you were using the well before it was ready to be used? Really?
I spent some time close to the Florida panhandle this past weekend. Friday evening several of my fellow apes and I were sitting around the fire talking bananas and a strong odor wafted across the field. We all started to look for it's source, only to come to realization that it was the stink of hundred of thousand gallons of oil. It made this very real on a personal level.
The coast lines of LA, MS, and Fl are already being affected, fish are dying, marine plants are dying and this will continue for a minimum of weeks, perhaps months.
Here is a video that shows the task at hand...http://www.youtube.com/watch?v=XLiqvZOP8TY
Here is a video of Prince William Sound 20 years later... (http://www.youtube.com/watch?v=MbjC9SMKClE&feature=related)
The estimated cost of this clean up has already passed 3 billion dollars...enough to build 10 thermal solar systems that would supply power to 40,000 homes.