Bob Cavnar interview describes the next attempt to control the flow of oil using a cap installed using underwater robots. Relief well, which won’t be ready until August, should stop the leak.
BP (NYSE:BP) shares are trading 12.57% lower at .55 following the companies failed attempt at pouring thousands of barrels of mud to plug its oil spill in the Gulf of Mexico. The decline wiped billion off of the company’s market capitalization, and the stock has lost about a third of its value since the Deepwater Horizon explosion that happened on April 20. BP said it is working on deploying a “lower marine riser package containment system.” However, this technique, like the other attempts the company has made, has never been attempted at 5000 feet under water. Drilling relief wells, which is one solution that is likely to work, will not be completed until August. CEO Tony Hayward said, “This planned multi-step containment strategy is our best option for achieving this as we work hard towards completing the relief wells that will kill this well completely.”
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4 Responses
wow. so Capt Curt didn’t want to call it in (o,O) i don’t want to know how the hell he even got the job. but i do know this. he should lose his job and he should take all cost. >.<
This Blow Out Preventor should have been an automatic fn failsafe justlike nukes are launched lol
I’ll tell you whats next. Total destruction of the gulf!
I gave GMO foods 20 years before it happens, like the Mad cow disease that they are still working on since in Canada we still have Mad Cow Disease in the hurds. They don’t use animal proteins in cow feeds any more, so why are these animals still coming up with Mad Cow Disease? Farmers say GMO in the food supplies are making cows sick…, oil problems?