Blog on the Run: Reloaded

Friday, June 25, 2010 7:58 pm

Are we having fun yet?

Filed under: We're so screwed — Lex @ 7:58 pm
Tags: , ,

Entertaining new info about the Deepwater Horizon oil eruption:

  • BP has publicly stated that the size of the reservoir under the blown-out well is 50 million barrels. In fact, says Tadeusz Patzek, the chairman of the department of petroleum and geosystems engineering at the University of Texas, “I would assume that 500 million barrels would be a more likely estimate. I don’t think you would be going after a 50-million-barrel reservoir so quickly. This is just simply not enough oil to go after.” So — surprise! — BP lied again.
  • In fact, the reservoir actually could be anywhere between 2.5 billion and 10 billion barrels. Indeed, according to Wayne Madsen, one of the reasons the Obama fast-tracked this project was that its holdings were projected at between 3 billion and 4 billion barrels, enough to supply U.S. oil needs for up to eight months should political unrest of military action shut off oil traffic through the Straits of Hormuz.
  • Fact: The bigger the reservoir, the longer oil will continue to erupt unless the well is capped.
  • Fact: The reservoir contains about 40% methane, compared with 5% in most such reservoirs. Because gas can be compressed while liquid cannot, that means the reservoir may be under higher natural pressure. This could mean 1) the possibility of accelerating oil/gas flow from the leak; 2) continuing erosion of the well casing by sand and other material under high pressure.
  • Then there’s this: “Finally, the more oil and gas in the reservoir, the higher a priority the government may consider it to produce the well at all costs. See this and this.” So, yet more reason not to trust either BP or the government.
  • More shenanigans:

WMR’s sources on the Gulf coast report that BP Security personnel are being augmented by off-duty Alabama state troopers and G4S Wackenhut private security guards. The BP Security personnel ensure that no observers are present on Gulf coast beaches during night time hours when BP contractors scour the beaches and pick up and covertly dispose of dead dolphins, turtles, birds, and other sea animals that wash ashore covered with oil from the Deepwater Horizon oil disaster.

BP is secretly disposing of the dead animals in order to avoid paying fines and compensation for killing endangered and protected species like turtles, dolphins, and brown pelicans. The sharp drop off in oxygen levels in the Gulf is forcing many sea animals into shallower waters in order to breathe, however, sharks are also following the easier prey into coastal rivers and inlets.

(I’m sorry, but from where I sit it’s a conflict of interest for Alabama law enforcement to be providing off-duty security for some of the same people they may later have to arrest.)

Federal Emergency Management Agency (FEMA) and the US Army Corps of Engineers emergency planners are dealing with a prospective “dead zone” within a 200 mile radius from the Deepwater Horizon disaster datum in the Gulf.

A looming environmental and population displacement disaster is brewing in the Gulf. The oil dispersant used by BP, Corexit 9500, is seen by FEMA sources as mixing with evaporated water from the Gulf and absorbed by rain clouds producing toxic precipitation that threatens to continue killling marine and land animals, plant life, and humans within a 200-mile radius of the Deepwater Horizon disaster site in the Gulf.
Adding to the worries of FEMA and the Corps of Engineers is the large amounts of methane that are escaping from the cavernous grotto of oil underneath the Macondo drilling area of Gulf of Mexico.

On a recent visit to the Gulf coast, President Obama vowed that the Gulf coast will “return to normal.” However, federal officials dealing with the short- and long-term impact of the oil disaster report that the “dead zone” created by a combination of methane gas and Corexit toxic rain will force the evacuation and long-term abandonment of cities and towns within the 200-mile radius of the oil volcano.
Plans are being put in place for the mandatory evacuation of New Orleans, Baton Rouge, Mandeville, Hammond, Houma, Belle Chase, Chalmette, Slidell, Biloxi, Gulfport, Pensacola, Hattiesburg, Mobile, Bay Minette, Fort Walton Beach, Panama City, Crestview, and Pascagoula.

The toxic rain from the Gulf is expected to poison fresh water reservoirs and lakes, streams, and rivers, which will also have a disastrous impact on agriculture and livestock, as well as drinking water, in the affected region.

  • Meanwhile, the commission looking at the causes of this disaster is being housed in the land of the blind: “From my review of their published bios, I cannot discern that any named member possesses any direct training or experience with the technology and practices of offshore drilling, a field that in its own way is every bit as complex as aviation, terrorism, or other past subjects of similar commissions.” By comparison, the commission that examined the 1986 explosion of the space shuttle Challenger “was packed to the rafters with figures of national prominence and deep expertise in aviation and space technology and operations.” That wasn’t the commission staff; that was the commission itself.

And, naturally, this will have bankster economic ramifications: Moody’s says that of all the collateralized synthetic obligations it has rated, BP stock figures in 117, or 18%. BP bankruptcy, should it happen, would create systemic financial problems. I’m reasonably sure this wouldn’t affect Blog on the Run readers directly — how many of you have a position in any CSO? — but I could be wrong.

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1 Comment

  1. According to geologists, the first signs that the methane may burst its way through the bottom of the ocean would be manifest via fissures or cracks appearing on the ocean floor near the path of least resistance, ie, the damaged well head. Evidence of fissures opening up on the seabed have been captured by the robotic midget submarines working to repair and contain the ruptured well. Smaller, independent plumes have also appeared outside the nearby radius of the bore hole. When reviewing video tapes of the live BP feeds, one can see in the tapes of mid-June that there is oil spewing up from visible fissions. Geologists are pointing to new fissures and cracks that are appearing on the ocean floor.
    http://just-me-in-t.blogspot.com/2010/06/be-afraid-be-very-afraid.html

    Comment by justmeint — Saturday, June 26, 2010 4:50 am @ 4:50 am


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