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Guard watches coast for oil slick's first wave

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Old 05-25-2010, 08:47 AM   #151
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Re: Guard watches coast for oil slick's first wave

The relief well (the only way that for sure will stop the flow) was going to take a while no matter what.

Try to look at it this way. If they could have stopped the leak the day it happened, they would not have lost any oil, not paid for nearly as much cleanup, not faced nearly the governmental inquest that is now going to happen, and could have drilled the relief well at whatever pace worked. They still would capture all the oil, because as soon as the flow is capped it's not going anywhere until someone pumps it out.

Any oil that flows out unstopped is lost revenue, if they jam up the tube, they would have saved themselves much money, from oil lost, cleanup expenses, and whatever media/govt/public backlash may come.

I don't think it is quite as easy to plug this up as you seem to think it is.
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Old 05-25-2010, 09:33 AM   #152
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Re: Guard watches coast for oil slick's first wave

Another way to think about it, and these numbers are simplified, but they are for demonstration.

Lets say for every 1 barrel flowing out the well now, that BP would have gotten $80. So for every 100 barrels they would have gotten $8000.
again for simplicity lets assume 1 barrel escapes per day, this is only to make the numbers clearer.
Example 1- plugged immediately, only 1% lost until relief well is drilled
If they plugged it day one, they would have lost 1 barrel or $80, plus the expense to plug it and drill the relief.

Example 2 - They plugged 1 week later, 7%% lost until relief well is drilled.
they would have lost $560, plus the expense to plug it and drill the relief, + additional cleanup

Example 3 - after 10 days they succeed with a siphon to recoup 90% of spewing oil until relief well is drilled
cost is 10% or $800 + $8per day for the remaining days till relief well is drilled, + cleanup + Relief well cost

Example 4: 3 weeks into it they start siphoning off 30% of leak into tanker.
Cost is 21% or $1680 + $56 per day until relief well is drilled, + cleanup + increased govt oversight + relief well.


Bottom line it is most economically positive for BP to shut down the leak anyway possible. If they had the means to do that, they would. As it is, they are trying to a) minimize their loss and b) minimize the impact by siphoning some off until the relief well can be drilled
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Old 05-25-2010, 10:00 AM   #153
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Re: Guard watches coast for oil slick's first wave

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I guess its just me as I have never really been very good at standing around watching people as they try to get something done and I usually jump right in. My thinking is the goverment have how many scientist, architects, developers, engineers, etc... so why not pick the best of them and have them down there trying to figure out a way to help stop this leak. The more people we have working on this problem the quicker we will get this thing shut down. Or we can just let BP use their limited amount of people and maybe wait another two months while they drill a new well. I do believe BP is trying their best but having more people working on a solution cannot hurt one thing. Hell they are allready on the pay roll so why not use them.
And I agree with this. I just was saying it doesn't make sense to claim BP would be more interested in siphoning a portion than stopping the whole leak if they were able to. Clearly there must be other scientists/engineers who can be working on this. I tend to believe that both the govt and oil companies have devoted a LOT of capable resources and are trying to develop something to stop the leak, even if we don't hear of every attempt and workgroup out there.
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Old 05-25-2010, 11:06 AM   #154
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Re: Guard watches coast for oil slick's first wave

Politicians are going to take heat regardless. To say Obama is not doing anything is as ridiculous as the accusations against Bush. Nowadays one side or the other will bash the white house regardless of the actions taken. I also disagree that they haven't said so:
Quote:
“We’re in the early stages of doing that, and we do not have a comprehensive understanding as of yet of where that oil is,” Jane Lubchenco, the NOAA administrator, told Congress on Wednesday. “But we are devoting all possible resources to understanding where the oil is and what its impact might be.”

The administration has mounted a huge response to the spill, deploying 1,105 vessels to try to skim oil, burn it and block it from shorelines.
Yes this is a NOAA official, but my point is that all they can say is we are devoting all possible resources, critics will simply say that's not enough and so on and so on.
Do you know for a fact that NASA engineers are not being pulled over to that problem, or that other military deep sea ships aren't being brought over, I doubt it.
You are the opposite side of impatience as JTF. JTF claims BP isn't doing what he wants, but he doesn't have a clue, and likewise, you want to moan about the government's lack of success, and you can't say what they are really doing.
If any person who witnesses and has responsibility toward ending this leak isn't doing everything that can possibly be done, then that truth will come out, but for now, backseat driving just proclaims a frickin' agenda!
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Old 05-25-2010, 11:17 AM   #155
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Re: Guard watches coast for oil slick's first wave

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Obama is taking some heat for not doing anything and if he had people trying to develop something to stop the leak they would have said so. We do have man power down there to help clean up but thats about it right now.
Nothing much you can do at 5000 feet under water. But that's the point was it necessasry to gamble the gul fo Mexico compared to the amount of oil received. The American people lose the gulf, we deserve to because we risked it so that for BP could profit and minimal affect on gas prices? Same trend, private businesses profit if it goes well and the public's suffers if it doesn't go well. Reminds me of the Iraq War mentality.
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Old 05-25-2010, 11:31 AM   #156
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Re: Guard watches coast for oil slick's first wave

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BP might be able to stop the leak if they stop trying to siphon oil out of it. Seems to me the only solution they have is the relief well. This will stop the leak and oh yeah by the way be another well they can still get oil from. If they seal it it is only temporary until the relif well is made. Seems to me they are not considering closing the well for good. Any solution they come up with has an oh yeah they are still gonna be trying to get that oil.
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Nothing much you can do at 5000 feet under water....
You guys with frickin agendas or framework mentality crack me up.
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Old 05-25-2010, 11:50 AM   #157
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Re: Guard watches coast for oil slick's first wave

Quote:
Originally Posted by firstdown View Post
I guess its just me as I have never really been very good at standing around watching people as they try to get something done and I usually jump right in. My thinking is the goverment have how many scientist, architects, developers, engineers, etc... so why not pick the best of them and have them down there trying to figure out a way to help stop this leak. The more people we have working on this problem the quicker we will get this thing shut down. Or we can just let BP use their limited amount of people and maybe wait another two months while they drill a new well. I do believe BP is trying their best but having more people working on a solution cannot hurt one thing. Hell they are allready on the pay roll so why not use them.
watched a news segment on the oil disaster the other night.

seems, like alot of us have said on here, the gov't has said they do not have the equipment or expertise to deal with an underwater oil eruption.

what i dont get and what the news touched on is, now that the oil is reaching the coast, why cant the gov't, private sector and local communities work to clean up and deal with the oil coming near the coast and let BP deal with the underwater situation?

they interviewed some locals who said they wish they could get the green light to start their own clean up project but, as of then, BP was in control of the coastal clean up as well and the communty couldnt take any action? that just doesnt sound right.
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Old 05-25-2010, 12:06 PM   #158
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Re: Guard watches coast for oil slick's first wave

that's like saying you don't like big gov't, so don't use the police, or fire fighters. come on first. you ever mail any letters?
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Old 05-25-2010, 12:07 PM   #159
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Re: Guard watches coast for oil slick's first wave

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You make it sound like BP is delaying operations just because they can. That may be, I have no clue, but I would ask, why would they not move heaven and earth to close that spill as fast as possible? Every drop that flows out only costs them more in every considerable way that I can think of.
As for the govt not having the expertise, that might be true, but certainly they could, if necessary, get other oil companies with similar expertise involved.

There is no easy answer to this tragedy. I hope BP/Govt is doing everything possible to stop the flow as quick as possible.
Just now logged back on. My answer to this question, is that BP has no sense of urgency because let's face it, they are the biggest oil company in the world. They answer to no one. and sadly this disaster is not going to make them sweat one drop. Here's why:

#1) They will recover any lost $$ relatively quickly when the price of oil goes back up.

#2) They have a cozy relationship with the US gov't.

#3) will their public image be hurt? Yes, but who cares because its not like BP is going to go out of business over this.

#4). The gov't is trying to pass a 33 cent tax per barrell of oil right now, to help "ease" cleanup costs. The taxpayers will pay this at the pump, which is essentially bailing out BP for their F**k Up.

I trust BP about as much as I trust the Gov't.
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Old 05-25-2010, 12:35 PM   #160
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Re: Guard watches coast for oil slick's first wave

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Just now logged back on. My answer to this question, is that BP has no sense of urgency because let's face it, they are the biggest oil company in the world. They answer to no one. and sadly this disaster is not going to make them sweat one drop. Here's why:

#1) They will recover any lost $$ relatively quickly when the price of oil goes back up.

#2) They have a cozy relationship with the US gov't.

#3) will their public image be hurt? Yes, but who cares because its not like BP is going to go out of business over this.

#4). The gov't is trying to pass a 33 cent tax per barrell of oil right now, to help "ease" cleanup costs. The taxpayers will pay this at the pump, which is essentially bailing out BP for their F**k Up.

I trust BP about as much as I trust the Gov't.
Look, I am not going to say I trust BP, and I certainly don't trust the Gov't. BUT, they are losing money due to this spill, will they still make a whole helluva lot, yes, but it's ridiculous to assume that BP sees any type of gain by letting this spill go on any longer than necessary. All 4 of your points have basic validity, but even with all of that, any company that has a major accident, is going to do what it can to get the accident site fixed and productive again.
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Old 05-25-2010, 12:59 PM   #161
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Re: Guard watches coast for oil slick's first wave

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Look, I am not going to say I trust BP, and I certainly don't trust the Gov't. BUT, they are losing money due to this spill, will they still make a whole helluva lot, yes, but it's ridiculous to assume that BP sees any type of gain by letting this spill go on any longer than necessary. All 4 of your points have basic validity, but even with all of that, any company that has a major accident, is going to do what it can to get the accident site fixed and productive again.
Let's defend BP ladies and gentlemen.
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Old 05-25-2010, 01:09 PM   #162
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Re: Guard watches coast for oil slick's first wave

The idea that BP isnt doing everything in its power to stop the underwater oil eruption just flies in the face of reason and logic. If BP makes money off oil, why would they sit idlely by and allow billions (im guessing but the value of the oil lost will probably be in the billions) of dollars float away?

this disaster is a huge nightmare for BP. im guessing when this is all said and done, they will merge with another company and change their name.
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Old 05-25-2010, 01:13 PM   #163
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Re: Guard watches coast for oil slick's first wave

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The idea that BP isnt doing everything in its power to stop the underwater oil eruption just flies in the face of reason and logic. If BP makes money off oil, why would they sit idlely by and allow billions (im guessing but the value of the oil lost will probably be in the billions) of dollars float away?

this disaster is a huge nightmare for BP. im guessing when this is all said and done, they will merge with another company and change their name.
Because its one mile beneath the sea. You act like corporations maek decisons based on logic. theya re steady trying to suck that oil up think about every attempt so far. No attempt to block the well just attempts to siphon.
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Old 05-25-2010, 01:16 PM   #164
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Re: Guard watches coast for oil slick's first wave

The bottom line is that its been 34 days where basically nothing has been accomplished. That's unacceptable by any stretch of the imagination.

The answer is blatantly obvious. BP stands to lose nothing by delaying anything. Some half-assed attempt at fixing the spill will eventually work due to process of elimination, and then BP and the media will go all "yay for BP" because they fixed the mistake.

People as a whole are dumb and will forget that BP caused the spill, they will just be happy that BP fixed it. That in turn boosts the companies image and the oil industry as a whole.

Especially the poor people down in the gulf affected areas. They will care 2 shits about it once the BP checks start rolling in. There are legitimate people who are suffering and deserve the aid checks, but bet your last bottom dollar that both BP and the government are looking at ways to profitize this somehow.

Did anyone pay attention about the 33 cent per barrel tax? WE WILL PAY HIGHER PRICES AT THE PUMPS. That tax will pay for BP to keep cleaning the spill, so they don't absorb all of the cost from their own money. Gov't and Oil companies go hand in hand, and when we start paying much more at the pump, their profits go up again. And if you don't believe me about the tax look it up. Obama is trying to push it as we speak and they could vote it into law by the end of next week!
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Old 05-25-2010, 01:25 PM   #165
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Re: Guard watches coast for oil slick's first wave

Where has critical thinking and reason gone in the days of the internet? It truly saddens me that nearly all political dialogue is now so full of ideology, and lacks alot of semblance of rational thought.

JTF - I defended both the gov't (which is a rarity for me) and BP. An accident of this magnitude is not easily managed, and both parties are in fact trying to get control of it.

SS84 - Crude sells at about $80 a barrel right now. 33 cents on $80, is a blip and if it helps clean the environment then it's probably worth it. Every human depends on oil for many various things, a 33 cent per barrel increase ain't gonna kill us. Of course they won't limit it, and the government in the end will collect far more than the clean up cost but still lets not act like the 33cents is an inordinate burden. Of course we will end up paying for it. BP is going to raise prices to cover their operating costs, and maintain the profits their investors expect.

For any other knee jerkers out there: An Introduction to Critical Thinking
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