BP: New cap closed - no oil going into Gulf.

[revolution breeze]

Source: Associate Press

BP says new cap on well fully closed, no oil going into Gulf.

BP is hoping the new, custom-fitted cap will be a temporary fix before they permanently clog the blown-out well.

Engineers will watch pressure readings to see if the cap is working. High pressure is better, because it means the oil is
staying within the cap and not escaping through an unknown leak.

Low pressure means there could be another leak.

BP started the test Thursday after yet another delay - this time a leak found in one of the lines.

Read more: http://www.wwl.com/-BP--New-cap-closed---no-oil-going-into-Gulf-/7700070

[ZombieHorde]

1. Recommended, fingers crossed. nt

[TerribleLarryDingle]

2. +1

[revolution breeze]

4. Dispersants are still rising but we may have turned a corner. n/t

[Soylent Brice]

27. +2

[Lochloosa]

3. You mean it's NOT coming up from all those fissures next to the well?

:hide:

[tridim]

5. Anyone who is wondering can watch the live sonar of the sea floor..

http://www.josephpalmer.com/ROV.html

[JDPriestly]

100. I heard today on KPFK's Daily Briefing (Ian Masters I think)

here in L.A. an "expert" who stated that he thinks that the leak and hole to which BP attached the live sonar is not the only hole, and perhaps not the largest hole.

The show also featured an expert who seemed somewhat but not entirely skeptical about the first "expert's" claims. This is a story to watch. We can't take everything we are told as the truth. We will have to wait and see.

[gateley]

158. Yeah, I've heard arguments supporting both opinions, and of course each side

makes sense! I agree that we'll just have to wait and see what, if anything, happens.

[gateley]

75. Drat! Some folks will be might disappointed.

:evilgrin:

[Baclava]

96. OH Noes! What will the disaster porn rubberneckers do for kicks now?

I suppose they are holding out for a sea floor collapse and big methane bubbles that sink all the topside ships.

checking....





nope


still all quiet

[Balderdash]

147. Are you kidding me? How much is BP paying you?

[Baclava]

153. You're angry the oil has stopped? You want to see the ocean suffer more for your own amusement?

That's sick.

Like everyone here on the gulf, I just want to see the oil gusher stopped, for good, and everybody that thinks this is some kind of game can go fuck off.

[onehandle]

6. Yay BP! All is forgiven.

Not.

[revolution breeze]

9. Oh HELL NO.

After all we have gone through for the past 87 days, not to mention the years we still have to go through, this is far from over. We are just celebrating one small victory today. It is better than anything we here in Louisiana have heard in the past 87 days.

[NYMdaveNYI]

67. YAY

YAY WE DID IT!!!!

FUCK THE PELICANS!!!

THE PELICANS WANT OUUUR HELP??? SOCIALIST PIGS!!!

WHY DO THE PELICANS HATE CAPITALISM SO MUCH???

AMERICA WINS!!!!

[SalmonFritters]

130. Was that supposed to make sense?

Capping the well is a good thing, unless you hate PELICANS I guess.

[sinkingfeeling]

7. Lots of info here....

http://www.msnbc.msn.com/id/38255728/ns/disaster_in_the_gulf/

BP had slowly dialed down the flow as part of the test. Engineers are now monitoring the pressure to see if the busted well holds.

"The well integrity test will last at least 6 hours and could last up to 48 hours," it added. "During the test, the three ram capping stack is closed, effectively shutting in the well and all sub-sea containment systems (namely, the Q4000 and Helix Producer systems) have been temporarily stopped. Although it cannot be assured, it is expected that no oil will be released to the ocean during the test. Even if no oil is released during the test, this will not be an indication that oil and gas flow from the wellbore has been permanently stopped."

[caboose]

8. knocking on every piece of wood I can find.

watching CNN, there is -something- coming out of the BOP but it seems to be very little...the pressure gauge however looks pretty steady at ~2800 psi which seems low to me but at least it's holding...:scared:

on edit...well apparently that gauge is not measuring pressure in the well...according to a BP engineer. I wish they'd tell us just what the hell it IS measurng.
grr

[slackmaster]

29. OW! Fool, that was my head!!!

:argh:

[secondwind]

41. The PSI needs to be above AT LEAST 6,000, and 8,000-9,000 is ideal....looks like there is

a leak somewhere.


:-(

[NutmegYankee]

47. that 2800 psi is probably hydraulic fluid. nt

[Statistical]

64. Bingo.

The rams (valves) that were closed to seal the flow are closed and held closed by hydraulic pressure.

The well is much higher pressure. Remember the rams are 90 deg compared to the well so it isn't like they are trying to fit pressure of well directly.

[NutmegYankee]

105. I had figured it was the ram hydraulics.

2800 psi sounded about right for a system like that.

[Cetacea]

10. It's flowing again. This ain't over.

However it does look promising. Better late than never I suppose.

[MineralMan]

15. Link? I can't find anyone saying it is flowing again.

Be specific, please.

[Cetacea]

18. Ok. It is most likely dispersant flowing. Pressure test underway.

As per CNN. If the pressure is sustained, we are good to go.

[MineralMan]

21. Please get your facts straight before posting.

That's kind of a minimum effort, I'd think. Why post things you aren't sure of?

[Cetacea]

22. Please send your complaints to CNN, ok?

That shouldn't be hard to do either. I was posting in quasi-real time as it was being shown/reported. Got it?

[MineralMan]

25. Actually, since you offered no source at all...

I will post as I choose. And I was polite about it, too. I asked that you do so. I cannot compel you to do anything, nor can you compel me. If you post information, source it, please.

[Cetacea]

36. I don't know about you

but I for one am celebrating this promising development. Thanks for being polite.

[gateley]

76. Many of us are celebrating with you! This is better than I'd hoped for, waiting for

the relief wells to do the kill. I only realized a few days ago that if successful, this essentially turned off the spigot! :hi:

[revolution breeze]

34. I was very hesitant to believe it was working.

After all the heartbreak we here have gone through again and again. I remember the joy we felt 87 days ago when we were told NO OIL WAS LEAKING. Forty eight hours later we knew the truth and you could smell crude in the air.

[OllieLotte]

11. Fantastic news.

Gotta hold my breath though.

[Oregone]

12. The invisible hand imparts goodness again!

Thank you invisible hand! Oh praise thee!

[liberation]

38. For the invisible hand will impart countless profits to those who believed in it through this ordeal

the nonbelievers however won't be spared of the brutal ultimate logic of the "free" market! Repent!

[Scurrilous]

13. Great news!

:thumbsup:

[Individualist]

14. "BP says"

I don't trust anything BP says.

[caboose]

16. Don't pay any attention to what they say, just look at the video

...

[Bryn]

17. Matt Simmons says BS

He doesn't believe BP. We shall see.

But yes, if it's true...Yay to stopping the gushing!

[PJPhreak]

60. Matt Simmons is also shorting BP Stock hard!

He is full of BS Big Time!

[gateley]

77. Matt Simmons is probably trying to save face since his dire forecasts didn't

materialize.

I'm relying on those who are as leery as we are, but who are "of the industry" and can give us the real scoop. The guests that MSNBC and CNN have on. AND those here and on The Oil Drum who really 'get it'.

[northernlights]

98. Matt Simmons is an investment banker with an mba

not a geologist, geophysicist, physicist or any kind of scientist.

[Journeyman]

19. Does anyone know, IF this cap works, will they be able to unhook from it. . .

during a hurricane and have it still restrict the flow of oil? Or must they be continually pumping oil out, or have to open a valve and let it freely flow, in order to keep the pressure from building so high it blows the cap off?

[Lone_Star_Dem]

35. That's the theory

Well see how things work out, but that's one of this caps benefits.

Retired Coast Guard Admiral Thad Allen said the cap could possibly shut the well, but might also be used only to block the flow during emergency situations like a hurricane, when BP's surface containment effort would be suspended.

http://www.reuters.com/article/idUSTRE65O5TA20100715

[Journeyman]

40. Even if it only restricts the flow, it'll be better than freely gushing. . .

thanks for the response.

[gateley]

79. I keep saying, I'm grateful for every single drop that doesn't make it into the Gulf.

[jwirr]

62. So if this cap works - they stop the oil from flowing into the gulf but

still reap the profits by collecting the oil? I am not against this but I am afraid they are going to say regarding deep water drilling that they now know how to fix it if there is another spill. Thus more dangerous drilling in very deep waters.

[gateley]

80. This cap is only in place until the relief well can kill the well permanently.

There won't be any oil to be had from this well, so they get zip.

[SalmonFritters]

134. Don't kid yourself ... they'll produce this field unless this blowout has destroyed it

Which I doubt. It's an awesome well and a huge field, it'll get produced.

[Statistical]

135. From this FIELD - of course. It is worth $70 - $100B. From this WELL? Never.

The Tiber oil field is the largest find in the Gulf in last 20 years. Estimated at 3 to 4 billion barrels equivalent (combined oil & natural gas). Even if one assumes a low 20% recoverable percentage you are still talking north of billion barrels.

So the field will be exploited. It won't be just one well more like 3, 6, a dozen wells otherwise going to take a very long time to get billion barrels out of the ground.

Still this well (and relief wells) are finished.

[SalmonFritters]

141. Maybe. You've got two solid wells now, they'll probably sidetrack one of the reliefs

and make a producer. Maybe not though since they're pretty deviated. They might prefer to come back and just drill straight hole developments unless there's other targets they want to hit.

[Statistical]

142. Doubtful. To drill faster relief wells use a smaller bore.

It is also dangerously close (less than 100ft) from the damaged well now, and it is slant drilled (which increased friction and reduced lifespan of casing).

All that adds up to a production well that will have less output, more problems, and shorter lifespan than a "normal" well.

While anything is possible BP likely wants to distance themselves from this whole thing.

My guess at the plan of attack:
Drill relief wells, seal main well, seal relief wells, have EPA sign off, and abandon the entire site. Couple years later when oil is $120 a barrel and everyone has forgotten drill into same field a couple miles away. More likely drill a half dozen wells in multiple spots into the same field.

That is exact what Mexico's national oil company when they had their massive Gulf blowout in the 1970s.

Then again who knows but there really is no economic sense to try to turn this doomed site into a production site and certainly a LOT of PR reasons to completely abandon it.

[SalmonFritters]

143. Good points. Will depend on what kind of play it is

as to whether they have to drill the same location again. If they've lost too much formation pressure they're gonna have to drill some injectors too.

It's probably going to kill them to not be able to prove up the resouce and book reserves for this year because they're probably going to need them badly but best to just let the thing sit for a few years and quietly go back to it once the dust has settled.

Nice to hear from someone that's got a bit on knowledge on the subject.

[gateley]

145. You seem so certain. Do you have inside info or is this your opinion? Either way,

we'll have to wait and see I guess.

[SalmonFritters]

151. Just knowledge that when an oil company finds a major discovery, they're going to develop it

one way or another. Considering the amount of money they've already spent on it, there's no way they're going to walk away.

[gateley]

152. That may be the cheapest way to go at this point, though. Cut their losses and

pillage elsewhere.

[SalmonFritters]

154. There are no losses on a billion barrel field

metaphorically speaking that is

They may let it sit for a while, or even sell it off to another outfit but in the immortal words of Senor Blagovich "I’ve got this thing and it’s f—-ing golden,” BP says. “I’m not giving it up for f—-ing nothing. I’m not gonna do it. And, and I can always use it. I can parachute me there.”

[gateley]

157. The won't be able to reopen that well, and it remains to be seen what regulations

may be put in place about future Gulf drilling at that depth. I think that particular field is history.

[Cleita]

20. Hallelujah!

At last!

[UrbScotty]

23. As Biden would say: This is a big f@(&ing deal!

And as I would say: About damn time!

[Lone_Star_Dem]

24. Good news.

Here's to hoping it holds its pressure! :toast:

[KansDem]

'Bout Phuckingtime!!!

Now, let the lawsuits begin! :toast:

[Cetacea]

26. Obama to address nation

As per CNN at 4:10 pm. He will be speaking in approx. thirty minuets.

[MineralMan]

32. Are those typical short minuets or longer forms?

[Cetacea]

37. BP CEO to give a statement shortly.

In a few minuettes.

[Cetacea]

39. Can that one. Obama will not address the BP situation.

As per CNN.

[Lasher]

28. This is great news!

Sure hope it holds.

[liberation]

30. Well if BP says so, it must be so.

It is not like they have ever lied of mishandled this issue, oh wait...

BTW, does this mean that in the future if I commit a crime I get to be in charge of the investigation and the clean up of the crime scene?

[gateley]

81. Ha! Very clever! And original!! nt

[donco6]

31. Finally! Hoping for the best. n/t

[TEXASYANKEE]

33. Please let it be so!

Please let this thing work.

[fasttense]

42. Well, it certainly took them long enough. n/t

[freebrew]

50. No kidding.

If it weren't for all of the posturing, lying, marketing, et.al., they could have admitted the failure and had this done the first couple of weeks.

I really hate the corporate mindset.

[vanbean]

53. The first thing I thought of was: Why did that take 87 days?

[Lorien]

90. Truly. If it were simply a matter of replacing a cap, then why did they wait until

they had destroyed most of the Gulf before doing so?

[ingac70]

113. Because leaks in much shallow water....

have taken as long as 10 months to stop. This ain't something that gets fixed over night.

[SalmonFritters]

133. It was all part of a consipiracy on BP's part to put themselves out of business.

Seriously though, it was uncharted territory. If it ever happens again, which is exceeding unlikely since it took this long to happen the first time, it'll go a whole lot faster.

[thereismore]

43. If they haven't tested the pressure, how do they know no oil going into Gulf??? I don't believe them

[RUMMYisFROSTED]

44. Sure.

[Kingofalldems]

45. K and R for the people of the Gulf Coast

[cwydro]

46. I want so much to believe this

but I just don't yet.

[Skinner]

48. Awesome.

:thumbsup:

[Altoid_Cyclist]

49. I hope that this works, but one thought keeps running through my mind.

After the Exxon Valdez, the news crews stuck around for a while and most people think that there was a completely happy ending to the story. We know now that the "cleanup" wasn't the howling success that Exxon claimed. The cleanup workers paid a heavy price but Exxon dragged the lawsuits through the courts and ended up paying very little.

After Katrina, people paid attention for a while and just assumed that all of the people got new houses and were taken care of by the government agencies. Karl Rove being put in charge should have alerted people that things wouldn't turn out as well as they should have. People have died or developed serious illnesses due to the conditions and a lot of people are still hurting.

Once this damn well is corked for good, how long will most of America pay attention to what really happened and the very long term consequences that will continue to kill people, fish and animals for years to come?

BP better pay a far heavier price than Exxon did in Alaska or the shrub and his cabal did in the Gulf after Katrina.

Having said all that; PLEASE let this latest best chance work!!!

[deutsey]

51. Very cautiously optimistic

:thumbsup:

[TroglodyteScholar]

52. Still holding my sigh of relief...

...but I want so badly to be optimistic about this.

[highplainsdem]

54. K&R. Great news....but still keeping my fingers crossed.

[INTMANOMYST]

55. oh goooood!

NOW we can forget AAAAALLL about it.

(yes, that's sarcasm.)

[AlbertCat]

56. (yes, that's sarcasm.)

For now.

In the MSM, it will be fact soon enough.

Anybody remember Iraq?

[INTMANOMYST]

117. Iraq?

No... don't think I remember that- wait- isn't it somewhere near Haiti?

[niceypoo]

57. "BP says"

Those two words lead me to believe it is bullshit. I reserve the right to believe it when I see it and hear it from a RELIABLE source.

[Statistical]

65. You can look at the ROV cameras yourself.

Now if it holds that is a whole different question.

[Baclava]

71. from the NOLA press - keeping fingers crossed

The test will last anywhere from 6 to 48 hours, during which time scientists will measure pressure inside the well. If pressure rises and holds at 8,000 to 9,000 pounds per square inch, the well could remain closed. If it is lower than that level, however, if will be reopened and oil will be sucked, again, to vessels on the surface.

Low pressures would indicate that oil is escaping through one or more fissures in the well.

BP Vice President Kent Wells said he was "encouraged" by the development, but also trying to remain reserved until the test is complete.

"I'm very pleased that there's no oil going in the Gulf of Mexico, in fact I'm excited that there's no oil going in the Gulf of Mexico," Wells said. "Where I'm holding back my emotion is we're just starting the test. I don't want to create a false sense of excitement."



http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/07/well_no_longer_leaking_into_gu.html

[Imagevision]

58. I wouldn't doubt if this "oil cap success" was made in Hollywood...

[slackmaster]

63. Yeah, like the "moon landings"

[obxhead]

72. The cat looks so incredibly happy

On the op, I'm hoping this holds.

[rasputin1952]

59. Let's all hope thisholds...

There's still a lot to be done as far as cleanup and detox, but stopping the leak was key.

[Richd506]

61. Hooray BP???

Too late. Damage is already done. It's kind of like when Bush was saying that his administration prevented terrorists from attacking... since 9/11!

[slackmaster]

68. How about a little love for the engineers, mechanics, machinists, equipment operators, etc.

People who do actual WORK!

:grouphug:

[HCE SuiGeneris]

140. Yep

The giant turd still lingers.

[JNelson6563]

66. Hoping with all my might.

[JoePhilly]

69. Fox News headline ...

Obama kills jobs of workers trying to cap the well!!!

Subtitle: Why does Obama hate these workers????

[Roy Rolling]

92. good one

LOL

[Odin2005]

70. YAY!

[Aristophrenia]

73. Massive pressure build up could blow out to relief wells

- thats right. Consider that this well is one of the highest pressure wells ever drilled - the methane which has been pouring out into the gulf is from massively expanded deposits - hydrates - which were frozen through pressure. That pressure is not simply going to end because the well is capped.

The reality is that methane has been leaking out beyond the blow out, this cap may cause further pressure and build up in alternative routes - and terrifyingly - could rupture through to the two relief wells which are less than 4 feet away from the original well and travel for hundreds of feet at this distance.

For anyone who is not aware of the following movie - watch it.


http://www.crudethemovie.com/

[Roy Rolling]

94. True, but . . .

monkeys might fly out of my butt, too. But I am praying for BP AND my butt just in case. Look, ANYTHING COULD happen, but let's try to deal with the most likely scenarios. The well was not spewing from broken casing right before the blowout, If it held then it is LIKELY to hold now. However, if Dick Cheney says for sure that the well casing is intact, I am putting my head between my legs and kissing my New Orleans ass goodbye.

[totodeinhere]

74. Sorry for being negative, but I'm not sure if I believe this or not.

They have got our hopes up before and then it didn't pan out after all. Of course I hope this is the real thing this time but for the time being I will be skeptical.

[stlsaxman]

78. I need a second/third/fourth party to verify before i even HALF believe this.

[Yeahyeah]

82. A giant corporation putting an end to this natural disaster shows that

our politicians have been right all along to stay out of their way.

[rzemanfl]

83. Natural disaster? You have got to be fucking kidding me or

on the take.

[Yeahyeah]

89. Mother Nature's ass was saved today by a giant corporation.

I think if she could speak human she would say 'hey chill out on the anti corporate stuff,man'.

[Lorien]

91. You forgot the

:sarcasm:

[rzemanfl]

156. People who think "human" is a language don't understand

sarcasm. Besides that, emoticons are probably not in YeahYeah's contract.

[Jennicut]

99. BP screwed up and now they may have stopped their own mess.

Excuse while I don't want to put all my faith into that big corp. They are SUPPOSED to clean up after themselves.

[defendandprotect]

109. Rather, Mother Nature will be having the last say on corporatism . . .

and we all better start waking up to that -- !!!

[rzemanfl]

155. When you fish, do you cast or just drag the lure behind the

boat? Human is a species, not a language, by the way.

[Boudica the Lyoness]

86. No it wasn't a natural disaster.

You must be off your rocker to think that.
The giant corporation fucked up big time.

[kestrel91316]

102. This was anything but a natural disaster. This was caused by man

drilling for oil.

Please tell me you're not that stupid.

[wordpix]

115. geesh, which BigOil Corp do you work for? How much are you paid to blog for this POS?

:crazy: "natural disaster" my ass

[marions ghost]

138. "this natural disaster"

:rofl:

"an END to it"--ask the people in the Gulf when it ends, OK?

[TommyO]

146. When that giant corporation causes the mess

it's up to them to put an end to it, and to remediate the damage that it's caused.

And then it's up to us, and our government, to make sure that they pay, and pay heavily for their negligence.


edited for one too many characters in the subect

[Boudica the Lyoness]

84. Thank goodness

Let's hope this holds. This should never be allowed to happen again. NO MORE DRILLING INTO THE OCEAN.

[mvd]

85. Very good and a big relief to me, but..

please check BP's work! Don't take their word for it.

[Drix]

87. Sorry if I'm not impressed.

Sorta like getting the news that the guy who got your wife pregnant has stopped banging her.

[stray cat]

103. only if the guy was actively destroying the livelihood of millions!

this is broader than your relationship with your wife

[2Design]

88. it has to come out somewhere - that is a lot of pressure and no where to go

this could wind up worse

[NutmegYankee]

106. Food for thought -

It was under that pressure for the last few million years and never came out till some idiots drilled a hole in the rock.

[eowyn_of_rohan]

124. Bingo - trouble is, is there a manmade fix that can recreate the seal

...that has worked so well all this time - reminds me of trying to repair a popped bubble.

[slackmaster]

131. What do you suppose the oil was doing before the hole was opened up in the first place?

Where do you think it was going?

[newtothegame]

93. This sucks. They're hiding the evidence!!! nt

[stray cat]

104. I wondered if many would wish the oil kept flowing because it makes BP look bad

[defendandprotect]

110. Yeah, like "many" wish that Drug War keeps going cause makes minorities look bad -- !!!???

We don't need to try to make capitalism/corporatism look bad --

it does that all on its own . . . IF you're paying any attention!

[eowyn_of_rohan]

125. can't imagine there are too many who wish that the oil would keep flowing

though most certainly want justice to FOR ONCE be served against BP for their horrific recklessness

[LQ0717]

95. Bad Feeling about all this

What wait to do this when the relief wells are so close? It is reckless to attempt to cap the well now when an explosion could destroy the relief wells and further delay a permanent cap. OH Wait! I forgot BP is a corporation who only wants the best for the environment and the people of the Gulf Coast. They wouldn't do anything to endanger the mission of capping the gusher and restoring the coast. You go BP! Drill Baby Drill!

[defendandprotect]

111. Understandable to worry about anything coming from BP .......

feel as you do about them --

But, I think some were saying that the relief wells wouldn't really even be ready in

August -- maybe into September before that really happened?

Lotta oil in all this time -- going on since April!

But, I'm worried as many others here are about the pressure and possibility of new

explosion . . .

fingers crossed on that --

50,000 rigs in Gulf . . . that suggests ocean floor might be MESH about now??!!

[pleah]

97. What about all the other leaks?

http://www.floridaoilspilllaw.com/ratigan-mentions-second-hole-spewing-oil-without-matt-simmons-present

http://www.floridaoilspilllaw.com/breaking-cnn-reports-well-has-weak-points-at-9000-17000-feet-that-bp-is-likely-watching-in-the-seismic

[Yeahyeah]

101. The disappeared English guy deserves a Medal of Honor now for sure.

But what do we do to him,we make him go into hiding in his mansion of despair.Then BP seems to have 2 bosses,a black American dude,and a Southern U.S. white guy,at least if you go by the commercials.

[eowyn_of_rohan]

126. and for what , exactly, should he be honored with a medal?

please do explain...

[Yeahyeah]

132. Just his fab perm,for starters.

[eowyn_of_rohan]

139. LOL

good one

[eowyn_of_rohan]

107. oh please let it work

broke into tears to read this

[HCE SuiGeneris]

136. I'm with you.

:grouphug:

[eowyn_of_rohan]

148. ...

we all need relief from the pent up emotion - grief, horror, fear

:grouphug:

[defendandprotect]

108. Wonderful news -- heard it earlier today -- Now all we have to do is deal with the disaster ....

in the Gulf!!!

But this is a huge relief --

Can't imagine what's ahead in the Gulf, however!!! Yikes!!

[Yo_Mama_Been_Loggin]

112. Hope it holds

Of course I can't wait to hear the latest Rush Limpblob conspiracy theory.

"The fix was in Obama had it planned to cap the well just in time for the 2010 campaign season!!!!!!!!"

[Generic Other]

114. MSNBC July 15: Matt Simmons still says BP covering up MASSIVE HOLE miles away, cap test is "absurd"

Then explain this report!!!!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x485348

What about the massive leak they are not reporting?

[SnakeEyes]

122. Not realiable at all with regard to BP

Guy is not an oil expert as a geologist or anything but rather as an investor/banker. This is the guy responsible for bogus claims like BP would have to file Chapter 11 in a month. He's shorting BP stock big time.

[Statistical]

144. The guy makes millions if BP stock goes down. The guy loses millions if stock goes up.

Since the bottom the stock has regained 30%. I figure he is pretty desperate to say or do anything to get that price back down.

BTW he has no scientific background. He is a banker.

[wordpix]

116. "attempt to collect up to 80,000 barrels of oil per day"---Thad Allen

OK, NOW we're starting to get the REAL numbers.

[shellgame26]

118. Oh I hope they aren't lying...again

[ProudDad]

119. This is the cap we should REALLY be worried about...

http://www.350.org/

And we've already overshot!



Drill, baby, drill...

Burn, baby, burn...

Coal, Oil, Gas, Nuclear...

Put us all in an urn...

----------------------------------

DON'T LET THIS SIDE-SHOW draw your attention away from the most critical looming catastrophe in the history of the Earth!

[earcandle]

120. Gopod! I hope it works..... IT would be the first sign of competence in our country for a while.

[Enthusiast]

121. This proves drilling is safe!

Lift the moratorium!

[paulkienitz]

123. At least BP is doing an honest all-out effort on the capping

regardless of whatever else they've done wrong (such as dispersants).

[eowyn_of_rohan]

127. what's their alternative? To flee to Spain and hide out in $multi million secluded mansions?

[HCE SuiGeneris]

137. Can you please give your basis for this statement?

[xchrom]

128. i guess we will see. nt

[Wednesdays]

129. I'd like to believe BP, but I can't see it

Am I wrong, or is none of the cameras showing the BOP (or whatever the thing was the oil was leaking so badly from)? :shrug:

http://blog.alexanderhiggins.com/bp-live-oil-spill-cam.html

Maybe an expert could fill me in on what the cameras are showing?

[gateley]

150. You're just not recognizing it because the new cap is on. And you don't have

to believe BP (who does?). There are plenty of "good" people who know what's going on monitoring this, so if they're okay, I'm okay.

[slackmaster]

149. UPDATE!!!

There is still no oil flowing into the Gulf.