Gulf Gusher Could Be Major Black Swan (7 Viewers)

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Bjerknes

Bjerknes

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Thread Starter #82
Mar 16, 2004
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    It is looking like an interesting hurricane season, that's for sure. We have a somewhat similar ENSO picture to that of 2005 when we got smacked with Katrina and Rita.

    Bring it on, even though the oily storm surge will spell doom for the coastline.
     
    JBF

    JBF

    اختك يا زمن
    #85
    Aug 5, 2006
    18,451
    #85
    InsouciantTerrorist said:
    If by next week you mean this August, then you'd be correct.

    Yes, that's right. August, at the very earliest. Even then the relief wells might not work.
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    Fuck this shit then. You Americanos have destroyed our environment, echosystem, atmosphere....etc.. :andy2:

    Aaron said:
    Wait till Hurricane season. My prediction is something big will hit.
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    Andy posted some article about that two days ago I think calling this hurricane season one of the worst.
     
    Enron

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    #86
    Oct 11, 2005
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    juve's big fan said:
    Fuck this shit then. You Americanos have destroyed our environment, echosystem, atmosphere....etc.. :andy2:


    Andy posted some article about that two days ago I think calling this hurricane season one of the worst.
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    The Gulf isn't "your" environment.:D

    And it was BP that cut costs. Sure regulation was poor, but regulation has always been poor.
     
    OP
    Bjerknes

    Bjerknes

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    Thread Starter #87
    Mar 16, 2004
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    juve's big fan said:
    Fuck this shit then. You Americanos have destroyed our environment, echosystem, atmosphere....etc.. :andy2:


    Andy posted some article about that two days ago I think calling this hurricane season one of the worst.
    Click to expand...
    BP isn't even an American company.

    This is part of the risk one has to realize living in an advanced economy. Every single product or commodity you buy has at least some input cost that goes towards crude oil, even if it is simply transportation costs. So since we need oil, we have to extract it somehow. Deep-water drilling is one of those methods.

    Now, the argument can be made that the government's refusal to allow drilling in more accessible locations has caused us to move towards more costly, and more risky, extraction methods. But then again, disasters like these are quite rare.

    We just have to accept that accidents do happen and take measures to make sure they don't happen again. Not drilling for and consuming crude is not the answer at this point in time.
     
    JBF

    JBF

    اختك يا زمن
    #89
    Aug 5, 2006
    18,451
    #89
    InsouciantTerrorist said:
    BP isn't even an American company.

    This is part of the risk one has to realize living in an advanced economy. Every single product or commodity you buy has at least some input cost that goes towards crude oil, even if it is simply transportation costs. So since we need oil, we have to extract it somehow. Deep-water drilling is one of those methods.

    Now, the argument can be made that the government's refusal to allow drilling in more accessible locations has caused us to move towards more costly, and more risky, extraction methods. But then again, disasters like these are quite rare.

    We just have to accept that accidents do happen and take measures to make sure they don't happen again. Not drilling for and consuming crude is not the answer at this point in time.
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    You're not the only country relying on that source of oil. Both Algeria and Egypt as far as I know get their oil in the same way. And this isn't your first spill disaster you had one in the late 80s too in Alaska and it was pretty messy then. That said, accidents do happen and you surely aren't to blame Im just amazed at how long this has been taking and will take in order to stop the leakage while keeping in mind its the U.S we're talking about here not some 3rd world country in the other end of the world with no access to advanced technology and experts what so ever.
     
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    #90
    Oct 11, 2005
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    #90
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    #91
    Oct 11, 2005
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    juve's big fan said:
    You're not the only country relying on that source of oil. Both Algeria and Egypt as far as I know get their oil in the same way. And this isn't your first spill disaster you had one in the late 80s too in Alaska and it was pretty messy then. That said, accidents do happen and you surely aren't to blame Im just amazed at how long this has been taking and will take in order to stop the leakage while keeping in mind its the U.S we're talking about here not some 3rd world country in the other end of the world with no access to advanced technology and experts what so ever.
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    Exxon Valdez occurred because the captain of the oil tanker was drunk and ran aground. It really isn't a correlation to this in any technical aspect of oil drilling.

    However, it does raise the issue of carelessness in the oil industry. One of the main reasons BP were allowed to drill so deep was that This(the disaster we are currently living) wasn't supposed to be able to happen.

    As for the longevity of the situation. This is a first time scenario for the oil industry. No one has really had a well like this so no one knows what to do. It's as simple as that. In my opinion this is BP's mess to clean up, though the government should assist where necessary.
     
    OP
    Bjerknes

    Bjerknes

    "Top Economist"
    Thread Starter #93
    Mar 16, 2004
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    Aaron said:
    He probably is one of the few people in the world with the ability to get an actual look at what's going on down there. But I really hope they're not looking for a solution from the creator of fucking Avatar.:sergio:
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    "Federal officials are hoping film director James Cameron can help them come up with ideas on how to stop the disastrous oil spill in the Gulf of Mexico."

    :lol:
     
    OP
    Bjerknes

    Bjerknes

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    Thread Starter #96
    Mar 16, 2004
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    I think the only real use for James Cameron is for him to produce some real-looking fake video, pulling the wool over the eyes of the public.
     
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