The Lousiana oil rig failure...

Catfish · 05-02-10, 06:27 AM

Sorry for being on topic

Just found out there are 3 leaking well heads, 5000 ft down, and controls scrapped away by the sinking rig, liners and drill tubes.
They have no idea yet how to get this back under control. it is starting to get really ugly.

Greetings,
Catfish

Platapus · 05-02-10, 07:24 AM

Capping an oil leak on land is tough, I can't imagine how difficult it will be at 5000 feet.

Catfish · 05-02-10, 01:15 PM

Worse than Exxon Valdez:
http://online.wsj.com/article/BT-CO-...atestheadlines

BP asks rivals for help
http://online.wsj.com/article/SB1000...sreel_business

Leaking Oil Well Lacked Safeguard Device
http://online.wsj.com/article/SB1000...s_mostpop_read

Bubblehead Nuke · 05-02-10, 06:25 PM

This is NOT about just the environmental damage. The economic cost of this is going to be STAGGERING.

They are deploying oil booms to try and contain this. Ships and boats can NOT cross these booms.

This renders the Mississippi River unaccessible. This renders the port of New Orleans inaccessible. This is going to STOP all shipping into and out of the area.

Think oil imports. New Orleans is a major import and distribution center. Supply and demand is gonna kick in and prices are going to skyrocket.

Think goods (a.k.a FOOD) that is shipped into the country that is docked at the port of New Orleans for distribution up the Mississippi River to other points. All those South American goods are not going to be coming in.

The fishing season is stopped. Boats can not get out to the fishing grounds because of the booms. Seafood is going to skyrocket.

Tourism on the gulf coast is going to take a beating. But it pales in comparison to the ripples this is going to make in the US Economy.

Yes, you can reroute ships to other ports, but many of those ports are already being used by other ships. The Mississippi is THE artery for good transportation in America. If you have to go around it, the cost starts to go up significantly.

Happy Times · 05-02-10, 10:57 PM

Quote:

Originally Posted by Bubblehead Nuke

This is NOT about just the environmental damage. The economic cost of this is going to be STAGGERING.

They are deploying oil booms to try and contain this. Ships and boats can NOT cross these booms.

This renders the Mississippi River unaccessible. This renders the port of New Orleans inaccessible. This is going to STOP all shipping into and out of the area.

Think oil imports. New Orleans is a major import and distribution center. Supply and demand is gonna kick in and prices are going to skyrocket.

Think goods (a.k.a FOOD) that is shipped into the country that is docked at the port of New Orleans for distribution up the Mississippi River to other points. All those South American goods are not going to be coming in.

The fishing season is stopped. Boats can not get out to the fishing grounds because of the booms. Seafood is going to skyrocket.

Tourism on the gulf coast is going to take a beating. But it pales in comparison to the ripples this is going to make in the US Economy.

Yes, you can reroute ships to other ports, but many of those ports are already being used by other ships. The Mississippi is THE artery for good transportation in America. If you have to go around it, the cost starts to go up significantly.

You are correct, it seems that the oil could be leaking out for months.

Including the wide economic effects in US you mentioned this could kill or cripple even BP as a company.

This and souring oil prices could be the tipping point in the systemic crisis that is going on.

We are talking about countries and banks defaulting in mass.

We are in unknown waters with the Recession>> Euro crisis, Goldman Sachs case and this BP catastrophy combined.

Pray or keep your fingers crossed, what suits you best, this could be a wild ride.

AVGWarhawk · 05-02-10, 07:25 PM

Quote:

Originally Posted by Catfish

Sorry for being on topic

Just found out there are 3 leaking well heads, 5000 ft down, and controls scrapped away by the sinking rig, liners and drill tubes.
They have no idea yet how to get this back under control. it is starting to get really ugly.

Greetings,
Catfish

I undestand they have three caps that will be placed over each leak to collect the oil.

Sammi79 · 05-02-10, 08:53 PM

I can't quite believe I found out about this event through the subsim radio room... I gave up watching TV about 7-8 years back, but this was so gripping I read every single post thoroughly, some good points have been made, and some bad. made me larf BP asking for help from other oil companies, though I bet they ain't finding it so funny. @Catfish your knowledge of this drilling business seems very deep, I'm guessing you are/were employed by a company who is/was involved in this game, or maybe you're just very well read... conspiracy theories will abound at every available opportunity you can be sure of that, though I wouldn't pay it any mind personally, it's more like 'that's what they want you to think...' than they realise

. I sincerely hope some genius comes up with a quick plan to solve this QUICKLY though or it's gonna be a big black oily stain on EVERYBODY on this PLANET given that our predilection to environmentally damaging resource gathering and 'I don't give a **** who cares as long as we (I) get rich' attitudes are the primary catalysts for catastrophes such as this. We are all guilty of it no matter what moral high ground we try to clamber up. Damn it I want gas to run my car, how would I do without it? The electricity that runs my computer right now is at least partially sustained by burning fossil fuels, probably mostly.

As a Briton I would like to add that although this situation is primarily an American concern (although I really hope the whole world is watching, there are lessons to be learned here), I am sorry for sticking my 2 cents in but, my condolences and best wishes go to the families of the unfortunate victims of this disaster, may they find peace and resolution in the coming actions of the brave, for they will come, of that I have no doubt. Human beings are that, the most astounding of creatures, and they have weathered many many great storms before this one.

em2nought · 05-02-10, 11:52 PM

If only we had a submarine full of feminine hygiene products, guess that's a few years away yet.

05-02-10, 07:24 AM	#2
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,373 Downloads: 63 Uploads: 0	Capping an oil leak on land is tough, I can't imagine how difficult it will be at 5000 feet. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.

05-02-10, 08:53 PM	#7
Sammi79 XO Join Date: Jan 2010 Location: Penzance Posts: 428 Downloads: 272 Uploads: 0	I can't quite believe I found out about this event through the subsim radio room... I gave up watching TV about 7-8 years back, but this was so gripping I read every single post thoroughly, some good points have been made, and some bad. made me larf BP asking for help from other oil companies, though I bet they ain't finding it so funny. @Catfish your knowledge of this drilling business seems very deep, I'm guessing you are/were employed by a company who is/was involved in this game, or maybe you're just very well read... conspiracy theories will abound at every available opportunity you can be sure of that, though I wouldn't pay it any mind personally, it's more like 'that's what they want you to think...' than they realise . I sincerely hope some genius comes up with a quick plan to solve this QUICKLY though or it's gonna be a big black oily stain on EVERYBODY on this PLANET given that our predilection to environmentally damaging resource gathering and 'I don't give a **** who cares as long as we (I) get rich' attitudes are the primary catalysts for catastrophes such as this. We are all guilty of it no matter what moral high ground we try to clamber up. Damn it I want gas to run my car, how would I do without it? The electricity that runs my computer right now is at least partially sustained by burning fossil fuels, probably mostly. As a Briton I would like to add that although this situation is primarily an American concern (although I really hope the whole world is watching, there are lessons to be learned here), I am sorry for sticking my 2 cents in but, my condolences and best wishes go to the families of the unfortunate victims of this disaster, may they find peace and resolution in the coming actions of the brave, for they will come, of that I have no doubt. Human beings are that, the most astounding of creatures, and they have weathered many many great storms before this one. Last edited by Sammi79; 05-02-10 at 09:10 PM.

05-02-10, 11:52 PM	#8
em2nought Ocean Warrior Join Date: Mar 2004 Posts: 3,485 Downloads: 0 Uploads: 0	If only we had a submarine full of feminine hygiene products, guess that's a few years away yet. __________________ em2nought is ecstatic garbage!

05-02-10, 06:27 AM	#1
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 17,767 Downloads: 38 Uploads: 0	Sorry for being on topic Just found out there are 3 leaking well heads, 5000 ft down, and controls scrapped away by the sinking rig, liners and drill tubes. They have no idea yet how to get this back under control. it is starting to get really ugly. Greetings, Catfish

05-02-10, 01:15 PM	#3
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 17,767 Downloads: 38 Uploads: 0	Worse than Exxon Valdez: http://online.wsj.com/article/BT-CO-...atestheadlines BP asks rivals for help http://online.wsj.com/article/SB1000...sreel_business Leaking Oil Well Lacked Safeguard Device http://online.wsj.com/article/SB1000...s_mostpop_read

05-02-10, 06:25 PM	#4
Bubblehead Nuke XO Join Date: Feb 2006 Posts: 435 Downloads: 5 Uploads: 0	This is NOT about just the environmental damage. The economic cost of this is going to be STAGGERING. They are deploying oil booms to try and contain this. Ships and boats can NOT cross these booms. This renders the Mississippi River unaccessible. This renders the port of New Orleans inaccessible. This is going to STOP all shipping into and out of the area. Think oil imports. New Orleans is a major import and distribution center. Supply and demand is gonna kick in and prices are going to skyrocket. Think goods (a.k.a FOOD) that is shipped into the country that is docked at the port of New Orleans for distribution up the Mississippi River to other points. All those South American goods are not going to be coming in. The fishing season is stopped. Boats can not get out to the fishing grounds because of the booms. Seafood is going to skyrocket. Tourism on the gulf coast is going to take a beating. But it pales in comparison to the ripples this is going to make in the US Economy. Yes, you can reroute ships to other ports, but many of those ports are already being used by other ships. The Mississippi is THE artery for good transportation in America. If you have to go around it, the cost starts to go up significantly.