Oil Slick Stuff

Crude oil ends 1.9% higher, natural gas tanks 3.6%
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By Claudia Assis, MarketWatch

SAN FRANCISCO (MarketWatch) -- Crude-oil futures rose nearly 2% Thursday as positive sentiment about the global recovery dominated and an inventories report included a surprisingly large decrease in crude stockpiles.[more]
http://markets.usatoday.com/custom/...S&guid={E06D4000-5E28-4D86-9F17-44F1A0AF93BA}
 
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I watched BP's live feeds last night while they tightened the bolts on the BOP flange adapter spool..they were using 7000-PSI pressure on each bolt to to tighten them down with this superdupper hydralic ratchet wrench.:blink:

Man I hope this works...they are talking like this thing they are putting on is basically a modified BOP (TOP CAP #10)that will be able to shut this Well off entirely if the piping under the sea floor is not broken or leaking...Also it will be able to divert all the oil and gas into ships topside and be able to disconnect quickly in the event of bad storms....BP and Co. claim they have been working on this from the beginning, but it took till now to make it and to test it..

Video
 
07/12/2010 - Updated 10:35 AM ET
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Crude changes direction, slides back under $76
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By Deborah Levine, MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude-oil futures turned lower in early floor trading Monday as energy traders braced for what corporate earnings season would show and as U.S. stocks opened on a lackluster note following last week's big gains.[more]
http://markets.usatoday.com/custom/...-402D-B9D9-ADB45B5D6AD9}&loc=interstitialskip
 
This experiance will be invaluable if this ever happens again!!!:D
Don't say that. Pleeasseee. Another oil company ignoring multiple signs that things are going South and going ahead anyway will just tear it. That's what no drill people say is going to happen. Sensors don't do anything if you just treat them like Christmas lights, fail-safes only save if they are working. Oil drilling is never going to be 100% safe, that's why the shutoff valve.
 
Oh, I know it didn't work. But there were signs before the failure that it was compromised. It was the equivalent of having the "room sealing" door hung crooked.
 
I've got my fingers, eyes and legs crossed!!:cool:

Vodeo:
BP Lowers New Cap on Busted Well in Latest Attempt to Stop Gushing Oil

Published July 12, 2010
Associated Press


NEW ORLEANS -- Live underwater video showed a new cap was placed Monday onto the leaking well in the Gulf of Mexico, offering hope of containing the gusher for the first time since BP's deepwater rig exploded in April.
BP officials did not immediately comment on the video images streamed online by the company.
The company has said the next step will be running tests to make sure there are no other leaks from the well. Tests and monitoring could last from six hours to two days, and oil will still leak into the Gulf during that time.
The old cap, removed Saturday, did not have a tight fit and allowed crude to escape.
The cap is only meant to be a temporary fix. To permanently plug the well, BP is drilling two relief wells to reach the blown-out well from underground and inject heavy drilling mud and concrete.


BP expects one relief well will do the job, but it's drilling a second as a backup. Officials have offered varying estimates for when that work will be done, but mid-August is the most common timeframe.
The cap removed Saturday was installed June 4 to capture oil gushing from the bottom of sea, but because it had to be fitted over a jagged cut in the well pipe, it allowed some crude to escape into the Gulf.
BP also hooked up a containment ship called the Helix Producer to a different part of the leaking well. The ship began siphoning oil Monday and should be able to ramp up in a couple days to take on more than 1 million gallons a day, BP said.
The government estimates 1.5 million to 2.5 million gallons of oil a day are spewing from the well, and the existing cap is collecting about 1 million gallons of that. With the new cap and the new containment vessel, the system will be capable of capturing 2.5 million to 3.4 million gallons -- essentially all the leaking oil, officials said. http://www.foxnews.com/us/2010/07/1...ea-oil-cap-gulf-coast-residents-watch-warily/
 
Oh, I know it didn't work. But there were signs before the failure that it was compromised. It was the equivalent of having the "room sealing" door hung crooked.
Mainly BP and other personnel didn't do there jobs, and that requires our regulators to actually do their jobs and inspect, monitor and assure that they do, for a change. Even if they do everything right things still fail, I worked around heavy machinery all of my life and whitnessed many of them fail even when everything was done right, take my word for it STUFF HAPPENS>:laugh:
 
nnuut,

Spent a majority of my military career on Tanks. A lead pencile breaks less:nuts:
You would think, with the parts being so robust, it would be hard to break one of those things. Not
 
nnuut,

Spent a majority of my military career on Tanks. A lead pencile breaks less:nuts:
You would think, with the parts being so robust, it would be hard to break one of those things. Not
I was in NDT/NDI Inspection for 36 years, and that is only government time, everything and anything can fail structurally. I've worked on Ships, Nuclear Subs, Fighters, Helicopters, Cargo Aircrafts, Paper Mills and much more inspecting for failures and believe me anything can bust, crack, explode, corrode, bend, leak, under the right conditions. At that depth in the sea the pressure of the water and pressure of the GUSHER is tremendous, STUFF HAPPENS.:cool:
Then there is electrical, mechanical, hydraulic and computer failures.:eek: OPPS the big one HUMAN ERROR!
 
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