Chevron Corp., Royal Dutch Shell PLC and BHP Billiton have all announced shutdowns in the Gulf. When the Deepwater Horizon incident occurred, Melbourne, Australia-based BHP was running five drilling rigs in the Gulf at a cost of about $1 million a day. Now, those five are sitting idle.
Rigs are typically owned and operated by a drilling company like Transocean Ltd., the company involved in the Deepwater Horizon incident, and rented out to exploration companies all over the world. Rig lease rates in the Gulf run at $250,000 to $500,000 a day, according to the Louisiana Mid-Continent Oil and Gas Association. That means rig operators could be losing between $8.3 million and $16.5 million a day.
And that figure doesn't include the $1 million or so a day in lost revenue for supply-boat operators, welders, divers, transportation companies and other support services.
"There are a lot of nervous people out here," one offshore drilling engineer said.
Oil Volcano Pressure Too Strong For Containment Dr. James P. Wickstrom 6-9-10
The hole will continue to increase in size allowing more and more oil to rise into the Gulf. After several billion barrels of oil have been released, the pressure within the massive cavity five miles beneath the ocean floor will begin to normalize.
This will allow the water, under the intense pressure at 1 mile deep, to be forced into the hole and the cavity where the oil was. The temperature at that depth is near 400 degrees, possibly more.
The water will be vaporized and turned into steam, creating an enormous amount of force, lifting the Gulf floor. It is difficult to know how much water will go down to the core and therefore, its not possible to fully calculate the rise of the floor.
The tsunami wave this will create will be anywhere from 20 to 80 feet high, possibly more.
The Tsunami - may take out the building below - if the people don't wake up before?
Then the floor will fall into the now vacant chamber. This is how nature will seal the hole?
New York City Sunday to fight construction of a 13-story Khazar Islamic mosque to be built just steps from Ground Zero
The new Islamic mosque plans to open its doors on Sept. 11, 2011 – the 10th anniversary of that fateful day when time stood still as millions of Americans grieved the loss of loved ones, friends, family members, co-workers and strangers.
As many as 10,000 protesters from across the country – including family members who lost loved ones on Sept. 11, 2001 – took to the streets in New York City Sunday to fight construction of a 13-story Islamic mosque to be built just steps from Ground Zero where Muslim terrorists murdered 2,751 people in the name of Allah.
Now the organizers plan to sue the federal government to designate the site as a war memorial.
The following are some photos of the protest posted by various blogs:
All people in the USA should join a class action law suit - to fight construction of a 13-story Islamic mosque to be built just steps from Ground Zero where Khazar Muslim terrorists murdered 2,751 peoplein the name of Allah.