Posted on 06/21/2010 10:01:45 PM PDT by Kartographer
BP Plc was struggling to seal cracks in its Macondo well as far back as February, more than two months before an explosion killed 11 and spewed oil into the Gulf of Mexico.
It took 10 days to plug the first cracks, according to reports BP filed with the Minerals Management Service that were later delivered to congressional investigators. Cracks in the surrounding rock continued to complicate the drilling operation during the ensuing weeks. Left unsealed, they can allow explosive natural gas to rush up the shaft.
Once they realized they had oil down there, all the decisions they made were designed to get that oil at the lowest cost, said Peter Galvin of the Center for Biological Diversity, which has been working with congressional investigators probing the disaster. Its been a doomed voyage from the beginning.
(Excerpt) Read more at businessweek.com ...
How was the federal government going to help? BP is a private company. The fact that they think the fedgov is going to "bail them out" is reflective of an epidemic problem. If BP was in over the heads, they should have shut down the well while they still had it under control BEFORE they asked anyone for help, including the fedgov.
yup..looking deliberate to let it get bad to get CAP & TAX...
CRIME, INC.
Well this explains why the head of BP sold all that BP stock now doesnt it.
You must be one of them angry white, clinging-to-your-guns-and-religion racists. CLEARLY the Obama Administration - in its infinite wisdom, which you cannot BEGIN to comprehend - was carefully deliberating and contemplating the best possible response to the situation. If only BP hadn't kept going forward it wouldn't have become the tragedy, but since BP was so conditioned to ignore environmental concerns (conditioned by the Bush Administration, I must add) they made it impossible for our Dear Leader to properly address the issue.
/sarc
would you guys be happy if we just lined all the BP folks up against the wall and shot them?
BP bashing by conservatives plays right into lost jobs and 10 dollar a gallon gas and cap and trade and wasted money on windmills and government control over the energy industries which would basically be socialism,
i’ll pass thanks
I don't know what BP thought the White House was going to do back in February , only that the contact was made . Maybe sucking it up with a straw was possible before the explosion . Maybe MMS if had their heads out they could have halted drilling and saved 11 lives .
No but there is a difference between an accident and willful negligence, one you forgive the other you don’t.
“Peter Galvin of the Center for Biological Diversity”
This guy has no agenda and will give a straight assessment.
Thank you. A voice of sanity among all this insanity. Bambi wants us to blame it all on BP. The Fed Gov has a responsibilty to protect our shores/water etc against these things too! You never hear about that. Also, besides BP giving them there 20 billion, i read on another thread somewhere(here I assume) that before this happened the FedGov put liens in excess and in addition to the 20 bill on BP owned properties. Don’t know if it’s true, but it sure sounds like something they would do. if that didn’t come out right sorry, up past bed time.
From the article by Kart Denniger:
In fact, according to documents in the administrations possession, BP was fighting large cracks at the base of the well for roughly ten days in early February.
Further it seems the administration was also informed about this development, six weeks before to the rigs fatal explosion when an engineer from the University of California, Berkeley, announced to the world a near miss of an explosion on the rig by stating, They damn near blew up the rig.
Hmmm....
Now lets see.... there was no public dissemination of this information, was there? Well, no.
And yet we know that:
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldmans sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BPs stock during the quarter.
Really.....
We also know that:
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
The latter article also says:
There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.
Oh really?
Yeah, I’ll pass too. The media’s doing a Katrina reporting job and some conservatives are falling for it.
When the administration, Henry Waxman, and the media are aligned in demonising someone, conservatives should be really wary about jumping on the bandwagon.
“Including the White House , as they ignored BPs request for help/”
Interesting, it seems you are a conservative however, you not only advocate stronger government regulation of the oil industry, but you also wish the government took control over all domestic drilling operations.
BP's ship of fools is rivalled only by the fools running our ship of state.
BP had the responsibility to follow standard E&P procedures which as I understand it, does not direct one to replace heavy drilling fluids with seawater, especially at a time when there are other suspected system failures on the platform and down the drill string.
Whoa, dude. Like, dude, this is George Bush’s fault!
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