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5000 barrels a day of oil (210,000 gallons) leak off the coast of Louisiana

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Lil 'o Me

Farm hand
Veteran
I keep seeing this on cable TV... http://www.youtube.com/watch?v=KKcrDaiGE2s And then I hear about how BP's worried about going bankrupt. Why the hell are they spending millions of dollars on advertising their appology, and not putting that money twards the people who's lives have been seriously interupted by this??? The whole thing pisses me off.
 

ItIsTime

Member
I keep seeing this on cable TV... http://www.youtube.com/watch?v=KKcrDaiGE2s And then I hear about how BP's worried about going bankrupt. Why the hell are they spending millions of dollars on advertising their appology, and not putting that money twards the people who's lives have been seriously interupted by this??? The whole thing pisses me off.

Because it was staged.

Operation BlackJack.

Beware ardent sentry. Be alert for semis bearing the sun icon. Not all federal authorities are involved.

Ardent Sentry: http://www.1af.acc.af.mil/news/story.asp?id=123204903

Semi bearing sun icon:
0220_bp_460x276.jpg
 

Guiness

Member
BP May go bankrupt, but they will not cease to be. Bankruptcy (Chapter 11) is a strategic maneuver to avoid excessive debt. That will really piss you off when that comes to be Lil o Me
 
J

JackTheGrower

They may well be hit hard but isn't this a time to save the Earth?
 

Guiness

Member
BP will not even feel this soon. We are all going to pay for this, every penny.
Oil is gold and they have it. The only voice you have in it is to drive or not.
 

Guiness

Member
BP is taking a huge hit on the stock exchange and folks are bailing.

If I were a money grubber I would be buying that shit.
 

ItIsTime

Member
Anecdotal evidence suggests some major U.S. asset managers prefer to hold gold outside the U.S. for fear of confiscation in an echo of Roosevelt's 1933 decree.

Thursday , 10 Jun 2010

Speaking at the FT Silver conference in London yesterday, lead-off speaker John Levin, HSBC Bank's Managing Director, Global Metals and Trading (HSBC is one of the world's top precious metals traders and its vaults in the U.S. and Europe hold huge holdings of gold and silver bullion) recounted conversations with some of the U.S.'s top asset managers controlling massive amounts of capital asking if HSBC had the capacity in its vaults to store major gold purchases. On being told that the bank's U.S. vaults had sufficient space available he was told that they did not want their gold stored in the U.S.A. but preferably in Europe because they feared that at some stage the U.S. Administration might follow the path set by Franklin D. Roosevelt in 1933 and confiscate all U.S. gold holdings as part of the country's strategy in dealing with the nation's economic problems.

While in Mineweb's view such a move is unlikely, one needs to bear in mind that President Obama is a keen follower of Roosevelt's views and policies and that the very fact that some asset managers controlling huge volumes of money feel that such a move is possible is a significant factor - and one that is perhaps heightened by the huge amounts of money flowing into gold at the moment in both ETFs and bullion.

As a reminder to readers - Section 2 of Roosevelt's Act read as follows: All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:

(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.

(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins.

(c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.

(d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.

At that time of course, the dollar was exchangeable for gold at a set value ($20.67 an ounce) so compensation for such a move would have been easy to calculate. Roosevelt subsequently revalued gold to the $35 level which stood for over 30 years. Nowadays that kind of process would be a little more difficult, but perhaps not beyond the means of a government, already versed in printing large sums of money to try and re-stimulate the economy. Perhaps a figure of the average gold price over a 3 month period at a certain date would meet an initial compensation valuation, but in today's much more litigious society such a move might well fail anyway.

Indeed current economic analysis of the Roosevelt move suggests that it was not successful in helping drag the U.S. out of depression and indeed may have contributed to a recession within a depression - a pretty dire situation. It probably took World War II to end the Great Depression.

Levin's presentation - a trader's view from the coal-face as he put it - contained much anecdotal material of interest and was a refreshing change from the usual analysts' viewpoints. More of that in a subsequent article.


Source:
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=106063&sn=Detail&pid=33


This isn't 1933. If they tried that "confiscation" today, they would get the civil war that they want.
 

DiscoBiscuit

weed fiend
Veteran
BP is taking a huge hit on the stock exchange and folks are bailing.

If I were a money grubber I would be buying that shit.

yeah, we'll probably end up with GS/BP - (Goldman Sachs/Beyond Phucked)
 
J

JackTheGrower

Just an observation: Why do we have to relate it to money before all else?

This might be called a Freudian slip if it weren't so prevalent.

Just thought to contrast the current point is all.. Nothing else..
 

Danks2005

Active member
I like how we were told by BP that the spill was 5000 barrels a day, then up to 12000 barrels a day. Then today I hear on the news that BP is siphoning 15000 barrels a day to their containment vessel, and I am still seeing an assload of oil spewing into the Gulf on their video. How big is this spill?
 

ItIsTime

Member
I like how we were told by BP that the spill was 5000 barrels a day, then up to 12000 barrels a day. Then today I hear on the news that BP is siphoning 15000 barrels a day to their containment vessel, and I am still seeing an assload of oil spewing into the Gulf on their video. How big is this spill?

Expect no truth in the media, or from BP.

The spill was intentional. You all will see why shortly.
 

DiscoBiscuit

weed fiend
Veteran
I like how we were told by BP that the spill was 5000 barrels a day, then up to 12000 barrels a day. Then today I hear on the news that BP is siphoning 15000 barrels a day to their containment vessel, and I am still seeing an assload of oil spewing into the Gulf on their video. How big is this spill?

The RS article briefly mentions the pre-drill warnings that Horizon is a potentially large deposit and not to fuck around. Turns out the predictions were right. Atlantis is said to be capable of 4x the disaster potential. They don't have complete approved blueprints for the sub-surface equipment in use. And the water is 2000 feet deeper than Horizon.
 

Danks2005

Active member
The RS article briefly mentions the pre-drill warnings that Horizon is a potentially large deposit and not to fuck around. Turns out the predictions were right. Atlantis is said to be capable of 4x the disaster potential. They don't have complete approved blueprints for the sub-surface equipment in use. And the water is 2000 feet deeper than Horizon.

That was a very disturbing article. I especially liked the reference to there being more oversight on everyday americans rewiring their house, than there was on a large scale drilling operation.

Oh, I never believed what BP said, just pointing out that they said it.
 

DiscoBiscuit

weed fiend
Veteran
Olberman just showed a live feed that's shows a chemical dispersant being injected into the bulkhead-level stream of oil. A former oil-industry guest said BP has scrapped the idea of bringing in any more small tankers. Horizon is blowing out their capability (two tankers/25000 barrels.) BP said the surrounding area is to crowded to continue and will instead burn up to 10,000 barrels per day. Sounds like more oil in the water to me.
 

Guiness

Member
Just an observation: Why do we have to relate it to money before all else?

This might be called a Freudian slip if it weren't so prevalent.

Just thought to contrast the current point is all.. Nothing else..

Well this may be news to you, but money is like food and we are all starving.

I am not into money, but I sure like nice things, and they cost money. I would never hurt anyone or do anything immoral for money. I would not even sell weed because that is illegal. But I do like to have a truck that runs nice and a nice big tv to play movies on. Having a nice deck to smoke a joint on is nice and I prefer to not do my own laundry.
 

Rocky Mtn Squid

EL CID SQUID
Veteran
Both of these articles are from Rense.com

Oil Volcano Pressure Too
Strong For Containment
Dr. James P. Wickstrom
6-9-10

It has been estimated by experts that the pressure which blows the oil into the Gulf waters is estimated to be between 20,000 and 70,000 PSI (pounds per square inch). Impossible to control.

What US Scientists Are Forbidden To Tell The Public About The Gulf

What you are about to read, is what the scientists in the United States are not allowed to tell you in great fear of the Obama administration.

They are under the threat of severe repercussions to the max.. Scientists confirming these findings cannot be named due to the above, but what they believe, they want to be known by all.

Take a U. S. map, lay it flat and measure inland just the minimum 50 miles of total destruction all around the Gulf of Mexico as to what you will read below.

The carnage to the United States is so staggering, it will take your breathe away.

Should what the scientists who are trying to warn everyone about be even close to being true... all of Florida will be completely destroyed as will everyone and everything on it.

You decide!! Everyone has the right to read what I have just written in this article, as well as to what is written below by the scientists who the Obama administration and BP are trying to shut up.

Please share with as many as you can.

--Dr. James P. Wickstrom

http://graphics8.nytimes.com/images/2010/05/05/learning/oilslickLN/oilslickLN-blogSpan.jpg

SUMMARY OF WHAT IS HAPPENING

The estimated super high pressure release of oil from under the earth's crust is between 80,000 to 100,000 barrels per day.

The flow of oil and toxic gases is bringing up with it... rocks and sand which causes the flow to create a sandblasting effect on the remaining well head device currently somewhat restricting the flow, as well as the drilled hole itself.

As the well head becomes worn it enlarges the passageway allowing an ever-increasing flow. Even if some device could be placed onto the existing wellhead, it would not be able to shut off the flow, because what remains of the existing wellhead would not be able to contain the pressure.

The well head piping is originally about 2 inches thick. It is now likely to be less than 1 inch thick, and thinning by each passing moment. The oil has now reached the Gulf Stream and is entering the Oceanic current which is at least four times stronger than the current in the Gulf, which will carry it throughout the world within 18 months.

The oil along with the gasses, including benzene and many other toxins, is deleting the oxygen in the water. This is killing all life in the ocean. Along with the oil along the shores, there will be many dead fish, etc. that will have to be gathered and disposed of.

SUMMARY OF EXPECTATIONS

At some point the drilled hole in the earth will enlarge itself beneath the wellhead to weaken the area the wellhead rests upon. The intense pressure will then push the wellhead off the hole allowing a direct unrestricted flow of oil, etc.

The hole will continue to increase in size allowing more and more oil to rise into the Gulf. After several billion barrels of oil have been released, the pressure within the massive cavity five miles beneath the ocean floor will begin to normalize.

This will allow the water, under the intense pressure at 1 mile deep, to be forced into the hole and the cavity where the oil was. The temperature at that depth is near 400 degrees, possibly more.

The water will be vaporized and turned into steam, creating an enormous amount of force, lifting the Gulf floor. It is difficult to know how much water will go down to the core and therefore, its not possible to fully calculate the rise of the floor.

The tsunami wave this will create will be anywhere from 20 to 80 feet high, possibly more. Then the floor will fall into the now vacant chamber. This is how nature will seal the hole.

Depending on the height of the tsunami, the ocean debris, oil, and existing structures that will be washed away on shore and inland, will leave the area from 50 to 200 miles inland devoid of life. Even if the debris is cleaned up, the contaminants that will be in the ground and water supply will prohibit re-population of these areas for an unknown number of years.

(End of scientists information release.) From Tom Buyea FL News Service


Comment
Joseph Fasciani
6-9-10


Jeff - As I wrote in the PS and Comment to another article, HS physics tells us that a liquid cannot be compressed. Period.
Perhaps this statement you posted, http://www.rense.com/general91/oilor.htm, will help the wake-up call.

As he points out:

The hole will continue to increase in size allowing more and more oil to rise into the Gulf. After several billion barrels of oil have been released, the pressure within the massive cavity five miles beneath the ocean floor will begin to normalize.

If HS sheeple had elementary physics, chemistry, biology, botany, and zoology BEFORE leaving HS, the MSM could not hood wink so many so often. -Joseph


http://rense.com/general91/oilor.htm


Gulf Oil Blowout 'Could Go
Years' If Not Dealt With
How The BP Catastrophe May Devastate Europe
By F. William Engdahl
Author of A Century of War: Anglo-American
Oil Politics and the New World Order
6-10-10

The Obama Administration and senior BP officials are frantically working not to stop the world's worst oil disaster, but to hide the true extent of the actual ecological catastrophe. Senior researchers tell us that the BP drilling hit one of the oil migration channels and that the leakage could continue for years unless decisive steps are undertaken, something that seems far from the present strategy.

In a recent discussion, Vladimir Kutcherov, Professor at the Royal Institute of Technology in Sweden and the Russian State University of Oil and Gas, predicted that the present oil spill flooding the Gulf Coast shores of the United States "could go on for years and years many years."

According to Kutcherov, a leading specialist in the theory of abiogenic deep origin of petroleum, "What BP drilled into was what we call a 'migration channel,' a deep fault on which hydrocarbons generated in the depth of our planet migrate to the crust and are accumulated in rocks, something like Ghawar in Saudi Arabia." Ghawar, the world's most prolific oilfield has been producing millions of barrels daily for almost 70 years with no end in sight. According to the abiotic science, Ghawar like all elephant and giant oil and gas deposits all over the world, is located on a migration channel similar to that in the oil-rich Gulf of Mexico.

As I wrote at the time of the January 2010 Haiti earthquake disaster, Haiti had been identified as having potentially huge hydrocasrbon reserves, as has neighboring Cuba. Kutcherov estimates that the entire Gulf of Mexico is one of the planet's most abundant accessible locations to extract oil and gas, at least before the Deepwater Horizon event this April.

"In my view the heads of BP reacted with panic at the scale of the oil spewing out of the well," Kutcherov adds. "What is inexplicable at this point is why they are trying one thing, failing, then trying a second, failing, then a third. Given the scale of the disaster they should try every conceivable option, even if it is ten, all at once in hope one works. Otherwise, this oil source could spew oil for years given the volumes coming to the surface already."

He stresses, "It is difficult to estimate how big this leakage is. There is no objective information available." But taking into consideration information about the last BP 'giant' discovery in the Gulf of Mexico, the Tiber field, some six miles deep, Kutcherov agrees with Ira Leifer a researcher in the Marine Science Institute at the University of California, Santa Barbara who says the oil may be gushing out at a rate of more than 100,000 barrels a day.

What the enormoity of the oil spill does is to also further discredit clearly the oil companies' myth of "peak oil" which claims that the world is at or near the "peak" of economical oil extraction. That myth, which has been propagated in recent years by circles close to former oilman and Bush Vice President, Dick Cheney, has been effectively used by the giant oil majors to justify far higher oil prices than would be politically possible otherwise, by claiming a non-existent petroleum scarcity crisis.

Obama & BP Try to Hide

According to a report from Washington investigative journalist Wayne Madsen, "the Obama White House and British Petroleum are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico and working together to limit BP's liability for damage caused by what can be called a 'mega-disaster.'" Madsen cites sources within the US Army Corps of Engineers, FEMA, and Florida Department of Environmental Protection for his assertion.

Obama and his senior White House staff, as well as Interior Secretary Salazar, are working with BP's chief executive officer Tony Hayward on legislation that would raise the cap on liability for damage claims from those affected by the oil disaster from $75 million to $10 billion. According to informed estimates cited by Madsen, however, the disaster has a real potential cost of at least $1,000 billion ($1 trillion). That estimate would support the pessimistic assessment of Kutcherov that the spill, if not rapidly controlled, "will destroy the entire coastline of the United States."

According to the Washington report of Madsen, BP statements that one of the leaks has been contained, are "pure public relations disinformation designed to avoid panic and demands for greater action by the Obama administration., according to FEMA and Corps of Engineers sources."

The White House has been resisting releasing any "damaging information" about the oil disaster. Coast Guard and Corps of Engineers experts estimate that if the ocean oil geyser is not stopped within 90 days, there will be irreversible damage to the marine eco-systems of the Gulf of Mexico, north Atlantic Ocean, and beyond. At best, some Corps of Engineers experts say it could take two years to cement the chasm on the floor of the Gulf of Mexico.

Only after the magnitude of the disaster became evident did Obama order Homeland Security Secretary Napolitano to declare the oil disaster a "national security issue." Although the Coast Guard and FEMA are part of her department, Napolitano's actual reasoning for invoking national security, according to Madsen, was merely to block media coverage of the immensity of the disaster that is unfolding for the Gulf of Mexico and Atlantic Ocean and their coastlines.

The Obama administration also conspired with BP to hide the extent of the oil leak, according to the cited federal and state sources. After the oil rig exploded and sank, the government stated that 42,000 gallons per day were gushing from the seabed chasm. Five days later, the federal government upped the leakage to 210,000 gallons a day. However, submersibles monitoring the escaping oil from the Gulf seabed are viewing television pictures of what they describe as a "volcanic-like" eruption of oil.

When the Army Corps of Engineers first attempted to obtain NASA imagery of the Gulf oil slick, which is larger than is being reported by the media, it was reportedly denied the access. By chance, National Geographic managed to obtain satellite imagery shots of the extent of the disaster and posted them on their web site. Other satellite imagery reportedly being withheld by the Obama administration, shows that what lies under the gaping chasm spewing oil at an ever-alarming rate is a cavern estimated to be the size of Mount Everest. This information has been given an almost national security-level classification to keep it from the public, according to Madsen's sources.

The Corps of Engineers and FEMA are reported to be highly critical of the lack of support for quick action after the oil disaster by the Obama White House and the US Coast Guard. Only now has the Coast Guard understood the magnitude of the disaster, dispatching nearly 70 vessels to the affected area. Under the loose regulatory measures implemented by the Bush-Cheney Administration, the US Interior Department's Minerals Management Service became a simple "rubber stamp," approving whatever the oil companies wanted in terms of safety precautions that could have averted such a disaster. Madsen describes a state of "criminal collusion" between Cheney's former firm, Halliburton, and the Interior Department's MMS, and that the potential for similar disasters exists with the other 30,000 off-shore rigs that use the same shut-off valves.

Silence from Eco groups?... Follow the money

Without doubt at this point we are in the midst of what could be the greatest ecological catastrophe in history. The oil platform explosion took place almost within the current loop where the Gulf Stream originates. This has huge ecological and climatological consequences.

A cursory look at a map of the Gulf Stream shows that the oil is not just going to cover the beaches in the Gulf, it will spread to the Atlantic coasts up through North Carolina then on to the North Sea and Iceland. And beyond the damage to the beaches, sea life and water supplies, the Gulf stream has a very distinct chemistry, composition (marine organisms), density, temperature. What happens if the oil and the dispersants and all the toxic compounds they create actually change the nature of the Gulf Stream? No one can rule out potential changes including changes in the path of the Gulf Stream, and even small changes could have huge impacts. Europe, including England, is not an icy wasteland due to the warming from the Gulf Stream.

Yet there is a deafening silence from the very environmental organizations which ought to be at the barricades demanding that BP, the US Government and others act decisively.

That deafening silence of leading green or ecology organizations such as Greenpeace, Nature Conservancy, Sierra Club and others may well be tied to a money trail that leads right back to the oil industry, notably to BP. Leading environmental organizations have gotten significant financial payoffs in recent years from BP in order that the oil company could remake itself with an "environment-friendly face," as in "beyond petroleum" the company's new branding.

The Nature Conservancy, described as "the world's most powerful environmental group," has awarded BP a seat on its International Leadership Council after the oil company gave the organization more than $10 million in recent years.

Until recently, the Conservancy and other environmental groups worked with BP in a coalition that lobbied Congress on climate-change issues. An employee of BP Exploration serves as an unpaid Conservancy trustee in Alaska. In addition, according to a recent report published by the Washington Post, Conservation International, another environmental group, has accepted $2 million in donations from BP and worked with the company on a number of projects, including one examining oil-extraction methods. From 2000 to 2006, John Browne, then BP's chief executive, sat on the CI board.

Further, The Environmental Defense Fund, another influential ecologist organization, joined with BP, Shell and other major corporations to form a Partnership for Climate Action, to promote 'market-based mechanisms' (sic) to reduce greenhouse gas emissions.

Environmental non-profit groups that have accepted donations from or joined in projects with BP include Nature Conservancy, Conservation International, Environmental Defense Fund, Sierra Club and Audubon. That could explain why the political outcry to date for decisive action in the Gulf has been so muted.

Of course those organizations are not going to be the ones to solve this catastrophe. The central point at this point is who is prepared to put the urgently demanded federal and international scientific resources into solving this crisis. Further actions of the likes of that from the Obama White House to date or from BP can only lead to the conclusion that some very powerful people want this debacle to continue. The next weeks will be critical to that assessment.


Endnotes:


Vladimir Kutcherov, telephone discussion with the author, June 9, 2010.
Ibid.
F. William Engdahl, The Fateful Geological Prize Called Haiti, Global Research.ca, January 30, 2010, accessed in HYPERLINK "http://www.globalresearch.ca/index.php?context=va&aid=17287" http://www.globalresearch.ca/index.php?context=va&aid=17287
Vladimir Kutcherov, op. cit.
Ira Leifer, Scientist: BP Well Could Be Leaking 100,000 Barrels of Oil a Day, June 9, 2010, accessed in HYPERLINK "http://www.democracynow.org/2010/6/9/scientist_bp_well_could_be_leaking" http://www.democracynow.org/2010/6/9/scientist_bp_well_could_be_leaking
Wayne Madsen, The Coverup: BPs Crude Politics and the Looming Environmental Mega Disaster, May 6, 2010, accessed in HYPERLINK "http://oilprice.com/Environment/Oil-Spills/The-Cover-up-BP-s-Crude-
Politics-and-the-Looming-Environmental-Mega-Disaster.html" http://oilprice.com/Environment/Oil-Spills/The-Cover-up-BP-s-Crude-
Politics-and-the-Looming-Environmental-Mega-Disaster.html
Ibid.
Ibid.
Ibid.
Tim Findley, Natures' Landlord, Range Magazine, Spring 2003.
Joe Stephens, Nature Conservancy faces potential backlash from ties with BP, Washington Post, May 24, 2010, accessed in HYPERLINK http://www.washingtonpost.com/wp-dyn/content/article/2010/05/23/AR2010052302164.html http://www.washingtonpost.com/wp-dyn/content/article/2010/05/23/AR2010052302164.html
Ibid.


http://rense.com/general91/gulf.htm


:fsu: :lightning: :frown:
 
A

Amos Moses

There's nothing you can do about the oil spill except to keep an open mind and watch.

You should expecially watch the MSM and the lack of honest and factual news coverage. It's never been so obvious how manipulative the MSM really is....until now.

They got him elected, the community organizer whose chief of staff majored in ballet in college, and now they are doing what they do best. Dancing.

I predict that the coming November elections, if they're held, will be very interesting. Very interesting.

:tiphat:

Amos :wave:
 
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