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30 Aug 2010 09:10

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Biz: BP partly pins oil spill blame on engineers who can’t read

  • Apparently, they misread an April 20 report on the well. Remember this thing and how it used to be in the news every day? Yeah. Anyway, Bloomberg’s reporting that, according to a BP internal investigation, managers on the rig misread a report saying that pressure levels were very high, leading to the Deepwater Horizon’s destruction. Attorneys for BP have also worked on sullying the names of Transocean and Haliburton, which thus far haven’t stuck. source
Posted by Ernie Smith • 0 Comments • Permalink

20 Aug 2010 11:54

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U.S.: Is the Gulf Oil Spill gone, for real for real? Here’s what a study says

  • NO there’s a giant invisible plume underwater source
Posted by Ernie Smith • 0 Comments • Permalink

17 Aug 2010 10:48

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U.S.: Pretend you’re a fisherman: How to get in on some of BP’s cash

  • Apparently, ten percent of claims could be fraudulent. BP, because they’ve bungled just about everything else related to the oil spill, has apparently bungled the claims process, too, with some people pretending to be fishermen just to get some money from the company. But it goes both ways – some con artists have pretended to be BP employees to scam people deserving of money. Note: People suck sometimes. source
Posted by Ernie Smith • 0 Comments • Permalink

14 Aug 2010 12:32

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U.S.: Oil spill: So, BP apparently did the top and bottom kill all wrong

  • Bottom kill first! Bottom kill first! BP is ready to drill a relief well after learning from tests that there’s still a risk of oil leaking from the plugged-up hole (and the U.S. called them out for it). In fact, they totally got ripped for it by some experts. “It would have been easier and safer to kill the well with the relief well,” said former petroleum engineer Les Ply. “When it is cemented from the bottom, you can be assured the well is dead.” source
Posted by Ernie Smith • 0 Comments • Permalink

11 Aug 2010 10:57

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Biz: BP station owners caught between a rock and a hard place

  • rockDue to the oil spill, many individual station owners have seen business fall flat – some as many as 50 percent, but most around a more modest 5 percent after an early freefall in sales.
  • hard placeHowever, despite the stations mostly not being owned by BP, many owners have a contract with the company for 15-20 years that could lead to heavy fines if the contract’s broken early. source
Posted by Ernie Smith • 0 Comments • Permalink

09 Aug 2010 09:46

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Biz: BP updates its massive oil spill tab: It’s pretty darn massive

  • $6.1 billion spent on the Gulf Oil Spill so far; they’ve made over 100,000 payments as of August 7th
  • $319 million paid out in compensation to people negatively affected by the spill –around 145,000 claims source
Posted by Ernie Smith • 0 Comments • Permalink

06 Aug 2010 14:42

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Biz: Does BP has its sights on drilling around the Macondo well again?

  • YES they have to pay for those lawsuits somehow source
Posted by Ernie Smith • 0 Comments • Permalink
 

04 Aug 2010 09:46

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U.S.: Oil spill: Is BP’s static kill procedure reportedly working?

  • YES nothing like making a permanent seal source
Posted by Ernie Smith • 0 Comments • Permalink

02 Aug 2010 20:34

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U.S.: Feds: The oil spill’s final tally is somewhere between a lot and A LOT

  • 5
    million     the number of barrels that U.S. scientists estimates came out of the Gulf Oil Spill
  • 3.3
    million     the number of barrels that reportedly came out of the next biggest oil spill –way back in 1979 source
  • Not perfect, but … While the oil spill certainly isn’t the easiest thing in the world to narrow down, but the federal science and engineering teams on the case claim their number is within ten percent. It’s the difference between huge and HUGE.
Posted by Ernie Smith • 0 Comments • Permalink

02 Aug 2010 10:50

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U.S.: BP hopes to plug the oil well once and for all by killing it – twice

  • 1st kill BP will conduct a “static kill” by pouring mud and cement into the oil well from above, a process held back by storms.
  • 2nd kill After a relief well is built, BP will confirm the “static kill” by using a “bottom kill” to seal it once and for all. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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