(03-01-2011, 03:45 AM)Shadow Wrote: Well that's good, and necessary so long as precautions are taken. I've read but I don't know that Deepwater horizon would never have happened if deep drilling hadn't been de-regulated, if BP had to have a relief well in place in the same season the primary well was drilled. Any comment on that Taco?
If the US loses Libya, if Iran and Syria shut down exports the US economy will grind to a halt, no way can Alberta's tar sands supply the demand. That only leaves as major exporter Saudi Arabia who tansits through Egypt, and if Egypt is no longer controlled, well. What are your thoughts Taco?
I was not aware of any de-regulation, that's another part of the problem, the Regulators (MMS) was aware of each change in Macondo drilling changes and accepted these changes.
My whole point, there have been so many people pointing fingers that have no idea who or what was involved. BP was the majority owner of that well, in case of a accident like this the owner is responsible for the cleanup. Has to be that way as somebody has to be responsible for it, look at the chaos still unraveling to where people are still pointing fingers at each other.
In the beginning many were grasping at straws for answers some to come to mind is ----there is no acoustic switch.... True but all the different switches in the world will not make something work if it is unable to.
The Centralizers, BP did not use enough centralizers.... I've never seen just 5-used before. Usually a dozen or more but the truth of the matter is the oil and gas came up through the wellbore and not behind the casing/annulus...
Do not have enough time to point out all the theories claimed by so called experts.
Relief well? nobody is going to double drilling costs for a relief well. That is 2-wells. Besides a relief well is when a 2nd well is intersected with the original well. Now a days drilling you can predict close proximity to where the drill bit is going, but not within a few inches and that is what is needed to intersect the wells. Hard to explain but a relief well is only going to be done when there is a neccesity to do so.
Latest reports show the BlowOutPreventer Shear Rams did Shear the drill pipe like it was supposed to but did not seal the well like it was supposed to.
That BOP owned by Transocean and built by Cameron was over 10-years old. I am no BOP expert but am sure recorded logs must be kept on equipment like this to be sure it is maintained correctly and tested.
So I feel as you regarding precautions. Precautions were taken, all within the legal scope regulations.
Clearly BP, MMS and Transocean were not ready for a problem like this although when BP submitted a drilling plan they included a plan for spills/blowouts. This appeared to be the same plan carbon copied to all their deepwater offshore plans. Bottom line is nobody was ready.
It's hard to develop new regulations in uncharted waters, this is relatively new challenges drilling in water depths of 1-mile plus. Although many projects are successful, clearly there are challenges that need to be addressed.
1st of all this should not have happened, all parties on that rig floor should have known clearly there was a problem and identified the problem. Known the potential for disaster and done something about it. Not just BP. There were options but nobody identified the problem. The worst thing that they could have done is remove the heavy fluids holding down the gas and oil-but they did.
People claim they are pushed to save time working on a well. Well yes, maximizing efficiency yes. Who would not at a price of $!-million/day for Deepwater Horizon. There is a big difference between working with efficiency and working dangerously.
All I am saying is yes, more safeguards need to be in place. From disaster plans to equipment to personnel.
As for Libya, it's not that big of deal. Saudi has already pledged to increase exports above and beyond Libyas export capacity. OPEC countries make their money off of oil, they do not want to shut down and production, Libya's is only off 50% not shut down.
Tarsands? Hell I worked for Dome Petroleum is the summers going to college here in Texas, made great money. Hardly anybody even knew about The Tarsands back then. Ft. McMurray Alberta, been there and done that, but that was when they injected steam instead of mining it.
Did you know Us Domestic Imports, Canada exports more oil to US than anybody else. Including Saudi.
Used to be Mexico number 2
Think Venezuela is like 5
Brazil is becoming a major player in Oil export.
This whole price runup is purely speculative concern about a major disruption
Oil is a commodity and commodities are speculative. Oil is no different. Who's screaming about the price of bacon, that's pork bellies another commodity.
Wait, I'm sorry the price of pork is high due to feeding the swine is corn, isn't that what the government is pushing to add to the make ethanol as a gasoline additive ? Isn't the US Government/EPA pushing to raise the ethanol additive from 10 to 15% knowing this will further increase food prices and further reduce gas mileage?
No, Hello NO
The US Government would do anything like that
Guess what, they did...