June 8, 2010 archive

BP Has Solved Our Oil Problem 20100607

BP has reported today yesterday (-Sunday- Monday) that they collected 6100 10,000 barrels of oil in the past 24 hours.  This is stupendous!  (Note:  the volume changes.  It was over 10,000 in 24 hours now, but that just reinforces my point).

If this is correct, and it seems to be, if they can tune their collection device a bit more, they can collect more, perhaps much more.  You do not understand the ramifications of this development.  If correct, BP will go down in history as the most important cog in the wheel of energy independence ever for the United States.  Please allow me to elaborate.

Sen Nelson: The Well Bore And Casing May Be Blown

Huge and very bad if true.

Oil and gas are leaking from the seabed surrounding the BP Macondo well in the Gulf of Mexico, Senator Bill Nelson of Florida told Andrea Mitchell today on MSNBC. Nelson, one of the most informed and diligent Congressmen on the BP gulf oil spill issue, has received reports of leaks in the well, located in the Mississippi Canyon sector. This is potentially huge and devastating news.

If Nelson is correct in that assertion, and he is smart enough to not make such assertions lightly, so I think they must be taken at face value, it means the well casing and well bore are compromised and the gig is up on containment pending a completely effective attempt to seal the well from the bottom via successful “relief wells”. In fact, I have confirmed with Senator Nelson’s office that they are fully aware of the breaking news and significance of what the Senator said to Andrea Mitchell.


Beyond Paradox & Look, We’re Dealing With Criminals

07 June 2010 – Attorney General Eric Holder announced that he would be launching a criminal investigation into the activities of BP that led to the massive oil spill in the Gulf of Mexico. But can we trust an AG who worked at one of the biggest corporate defense firms in the world? Mike Papantonio appears on The Randi Rhodes Show to take on BP, as well as explain the basics of his class action suit against BP.  

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