Posted on 07/14/2010 1:45:39 PM PDT by Ernest_at_the_Beach
Officials had expressed some optimism that a tighter well cap installed over the weekend could have stopped the flow of oil from the well by now, but plans to deploy it remain in limbo, with more updates expected in the coming hours.
On Wall Street, investors fretted, sending BP shares down nearly 2% to close at $36.18.
The next update on the well from the government was expected at 4 p.m. Central time, with National Incident Commander Thad Allen scheduled to speak.
With BP's testing and installation of a tighter-fitting cap aimed at halting the flow of oil, the U.S. predicted the spill would be contained this month.
Kent Wells, senior vice president of BP
said that experts are looking at technical analysis and procedures surrounding the pressure test, which will determine if the cap and tubing in the well will hold up to the enormous pressure from the flow of spewing oil.
Other leak-related activities also have been suspended, as BP ponders whether to deploy its new cap along with an attached valve system that can shut off the gusher.
BP said it delayed drilling of its first relief well as a precaution, since it's close enough to possibly weaken the core of the Macondo well. "We'll commence drilling and setting [of the relief well] when [the] test is over," ....
(Excerpt) Read more at marketwatch.com ...
Can’t we just let Zer0 push the button?
Let Abdel Baset al-Megrahi do it
Allen briefs in about ten minutes. C-Span.org has it on their front page.
WTH? Too many cooks?
Leadership by committee?
Waiting for it to be politically advantageous. Cap and TAX may need a little push. Maybe a hero coronation just before the election coordinated to happen the day after he seizes BP. It makes you wonder if the original plan might have been sabotage. After all, didn’t Big Sis sent a swat team to the scene first. Maybe things didn’t go as planned and they are scrambling to make the best of it.
Who brought the cookies and milk?
Thanks.
Sure, just let it continue to spew!
Who cares, what’s another few hundred million gallons of oil?
Let’s not let a crisis go to waste.
So if the well blows up, that’s not worse than what is already going on?
Total BS!
http://www.cnn.com/video/flashLive/live.html?stream=stream3&hpt=T2
I think Allen is now saying that the Test will commence after some paper work.
Govt. crats gave the OK, tests are on.
I can’t view the CNN video due to not being able to properly install Flash Player 10 on my system. I will be checking out a bit later, videos produced via. CSPAN.
HAVE YOU PLUGGED THE HOLE YET, SON?????
allen just said that the close in Relief well was NOT Stopped...they are just being very deliberate .
ROFL!
My pop up blocker would not let me see the video. So have they finished cementing the last Relief Well casing run ?
I don’t know what to think about this damned government, this administration or BP.
I’m actually beginning to wonder if there really IS something dreadful going on down there - above and beyond the spill.
BP has essentially been put on hold. No relief well drilling. No cap to stop the flow of oil like they were doing last week. No test to run.
Maybe the test was the wrong thing to do, but if so, the government should just say NO and let BP move on to the cap. As it is, Obama is voting Present again, and just making the gulf more polluted while he plays around on vacation instead of making a decision.
I can’t imagine Bush letting this type of decision sit around for 2 days while he played golf. He might have made the wrong decision, but he would have made a decision.
If Russia launches an all-out nuclear attack, Obama will figure out how to respond about two days after we’ve been incinerated.
Read this! Something may be going on down there that NO ONE wants to happen!
http://www.helium.com/items/1864136-how-the-ultimate-bp-gulf-disaster-could-kill-millions
Don’t know how to do hot links, so you will have to copy and paste into your browser. sorry
Yep, you have to have that paperwork in place.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.