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The BP Oil Spill (Read 9606 times)
muso
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Re: The BP Oil Spill
Reply #60 - Jul 10th, 2010 at 10:42pm
 
Here is one of Hoagland's reports, which is probably behind most of the nonsense that's being reported:

http://www.oilspillupdates.com/oil-spill-videos/richard-c-hoagland-reports-on-bp...

On the bright side, such reports might shock the public against fossil fuels, but I don't think that's the purpose of Hoagland's publicity stunt.

If you Google Hoagland, you'll see that he's capable of being a multi-tasking nut. He's also a climate denialist.
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« Last Edit: Jul 10th, 2010 at 11:04pm by muso »  

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shampain socialist
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Re: The BP Oil Spill
Reply #61 - Jul 10th, 2010 at 11:01pm
 

nice. insightful commentary, muso. thanks for the update.
It's a worry, I'm sure to everyone, of course primarily to the people around the gulf states whose lives could well have been ruined irretrievably, let alone the health ramifications which are yet to be seen, but also the subject of a lot of commentary on the net presently.

So - here we are, waiting for August for the relief wells to be drilled.
How deep is this well? Does anyone outside BP actually know for sure?
What happens if the "relief wells" don't work?
I keep hearing, just on the ether out there, a lot of comments that the technology just does not exist to control this.
So far, that seems correct, because nothing has worked.
Apparently the oil is only a short time away from getting picked up by the gulf stream which will accelerate it up the east coast of America and into the north atlantic. No end in sight apparently to this.
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muso
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Re: The BP Oil Spill
Reply #62 - Jul 10th, 2010 at 11:13pm
 
shampain socialist wrote on Jul 10th, 2010 at 11:01pm:
nice. insightful commentary, muso. thanks for the update.
It's a worry, I'm sure to everyone, of course primarily to the people around the gulf states whose lives could well have been ruined irretrievably, let alone the health ramifications which are yet to be seen, but also the subject of a lot of commentary on the net presently.

So - here we are, waiting for August for the relief wells to be drilled.
How deep is this well? Does anyone outside BP actually know for sure?
What happens if the "relief wells" don't work?
I keep hearing, just on the ether out there, a lot of comments that the technology just does not exist to control this.
So far, that seems correct, because nothing has worked.
Apparently the oil is only a short time away from getting picked up by the gulf stream which will accelerate it up the east coast of America and into the north atlantic. No end in sight apparently to this.


Well the well is certainly not as deep as the deepest gas wells. We can tell that because it's an associated gas field - associated with crude oil. The really deep gas fields are mostly methane with no oil, and the deeper you go, the less condensate it contains.

As well as that, the deeper you get, the higher the pressure and the drier the gas. The main problem is the explosion that occurred, which made it difficult to seal the line. 

If you want to know my background in Oil and Gas, I'll tell you privately.

By the way, the maximum reservoir pressure of any gas field is around 3000 psi (about 20,000kPa) and it's  in Kazakhstan. At 100,000 psi, we'd be dealing with essentially solid methane LOL.
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shampain socialist
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Re: The BP Oil Spill
Reply #63 - Jul 10th, 2010 at 11:19pm
 
excellent. Thank you. That's the most succinct explanation I've yet seen of all the bumpf out there on the net so far. Maybe you should do a you tube!!
Yes, I'd definitely like to know your background in the industry. You obviously have very professional and technical knowledge.

When you say 'the deeper you go, the greater the pressure' - isn't that exactly the problem, more so than the fractured well? The consensus out there (whether it's all informed or not, I have no idea), is that the well is so deep that, yes, that pressure is so great, the technology is not there to contain it.
I don't know, I guess we'll soon see, and if they cap it, there's going to be an awful lot of red faces out there who've been saying it won't happen - there's a lot of them. It's actually turning into a conspiracy theory now (predictably).
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muso
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Re: The BP Oil Spill
Reply #64 - Jul 20th, 2010 at 11:14am
 


A bit late, but always worth a watch.
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perceptions_now
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Re: The BP Oil Spill
Reply #65 - Jul 20th, 2010 at 12:52pm
 

Very Good!
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« Last Edit: Jul 21st, 2010 at 9:17am by mozzaok »  
 
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mozzaok
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Re: The BP Oil Spill
Reply #66 - Aug 22nd, 2010 at 1:02pm
 
This is from;
http://www.visualeconomics.com/what-bp-could-have-bought-with-all-the-money-they...

All the Things BP Could Buy With the Money Lost from the Oil Spill:

BP could have bought 10 years of clean water for each of the 884 million people in the world without access to it. The cost would be $8.84 billion, or $1 per year per person.

BP could also have bought a new home to replace each of the 275,000 lost in Hurricane Katrina. The cost would be $48.125 billion at the median New Orleans market rate of $175,000.

With the lost money, BP could also have bought an ice cream sandwich for everyone on Earth. The cost of $3.395 billion included a 0.50 sandwich from Walmart for each person.

The company could have also purchased Yahoo, Inc. Its market value according to Yahoo Finance is $20.069 billion.

BP could have also bought a 2010 Toyota Prius for each of BP’s 92,000 employees. The cars would cost $21,400 each for a total of $1.968 billion.

The company could also have purchased a copy of the book Sh*t My Dad Says for every user on Twitter. At $8.79 each of Amazon.com, the total for the books is $922 million.

BP could also have purchased Twitter itself for a cost of $1 billion, according to its 2009 valuation.

With the lost money, BP could add an island in the Bahamas to their purchases. Lighthouse Cay has four miles of beachfront and costs $33.3 million.

BP could also purchase a pogo stick for every elementary school kid in the U.S. At $25 each from Amazon.com, the toys would cost a total of $621.25 million.

BP could also supply a three-pack of condoms to every teenager in the U.S. If they got the 1,000 count discount packs from Amazon.com, the condoms would cost $8.45 million.

The lost income could also purchase an iPad for every college student in the U.S. at a total cost of $8.305 billion.

BP could purchase a trip to outer space for every U.S. Senator. At $30 million each from Space Adventures, the total cost would be $3 billion.

BP could also have purchased a year’s sponsorship for one million needy kids at Children International. At $22 per month per child, the total cost would be $264 million.

BP could buy a three-wolf t-shirt for every person in America. At $10.99 on Amazon.com, the total cost would be $3.432 billion. BP could also buy a second wolf shirt for every person in Idaho. At 10.99 each, the total would be $17 million.

The total cost of all of these items is $100,000,000,000. This is how much BP stock has lost as of June 2010. This doesn’t include the $3.5+ billion spent in recovery efforts so far.

Visual Economics: What BP Could Have Bought With All the Money They Lost | http://www.visualeconomics.com/what-bp-could-have-bought-with-all-the-money-they-lost/#ixzz0xIexvY00
http://www.visualeconomics.com/
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