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A new month and a quarter started and again no financial's reported. Bruces honesty on this subject comes into question.
What about that big British military base there. The roads might
be for them and the Turks.
LM - Great reply, thanks for your time and effort.
Thanks for sharing.
Thanks for looking into that.
LM - Thanks for your help, it would appear that we need a whole
lot clarification as to what was said and not said at the meeting.
The last thing we need is more half truths.
You also might ask about the financials, I think that two week period is up and nothing more has been said. Again thanks.
Ninja- Your right of course, but with out this individual we would
have nothing to go on. I think we should have our board leader Mr. Loman call and confirm what Bruce was trying to say.
Ninja- Spelling be damned, at least we have some sense of what
was talked about during the meeting. I have a feeling the meeting
was not well attended. Just my personal view.
Nothing being said on the Yahoo board either.
The question is,will we hear anything of worth today ?
I was hopefull that a board member had attended and would give
an up date.
It's been over 12 hours and not a word.
Good enough, what ever is said at the meeting should be released
in a PR at the same time.
LM thought you would have been at the meeting ?
Great report, thanks for sharing.
Ninja thanks for your endless work and diligence
The big chemical companies have a lot a stake here. They might want to buy into us or just buy us out, but their not just going
to play dead while we eat their lunch.
SUEZIA, great article,thanks for sharing.
Is this yet another indication that BP is going to pay as little
as possible ?
O.T-Bill-H.R. 5741 Are you of that certain age ?
A bill in the US Congress: To require all persons in the United States between the ages of 18 and 42 to perform national service,
Yep a draft by another name, and what about the civilian service ? Sounds an awful lot like the old German brown shirts.
Now this bill says it's only for two (2) years, but anyone who
has been in the service will tell you this is a big lie.The truth is they want to expand the war effort (it's good for business) and they need a larger force for martial law.
H.R 5742
111th Congress
2009-2010
Sponcered by: Senator Charles Rangel (up to his neck in ethics violations)
To require all persons in the United States between the ages of 18 and 42 to perform national service, either as a member of the uniformed services or in civilian service in furtherance of the national defense and homeland security, to authorize the induction of persons in the uniformed services during wartime to meet end-strength requirements of the uniformed services, and for other purposes.
The following is an interesting article (blog) and may hold a
clue as to why BP and the government are in no hurry to have
this spill cleaned up.I've said it before and I'll say it again,
Obama and friends have been hoping a hurricane would blow it's
way through the Gulf so the government can declare Martial law
and move people out of the area.
http://vaticproject.blogspot.com/2010/06/alert-bp-illusion-of-false-spill.html
The problem with the Gulf is you have Bp and the government
holding hands to block any real clean-up effort below the
waters surface. BP and our government have an agenda here to
be sure, but it sure doesn't seem to be one that helps the
people in the Gulf.
I hope Dennis isn't holding his breath waiting for a call from
BP.To-date I haven't seen where BP or the White House has made
any major moves to really clean up the Gulf.Their effort up to
now has been surface skimming and beach cleaning. Now these
efforts are needed and important, but the the real problem is under the water.
Tony Hayward out as BP CEO, US official says; shift removes a source of gaffes but not the oil
http://www.foxnews.com/us/2010/07/25/ships-getting-place-oil-ready-work-bonnies-remnants-breeze/
From what I heard on FOX news tonight, poor Tony will get a severance package of $18 Million.
Scientists: Oil plumes definitely from BP's well
The Associated Press
Friday, July 23, 2010; 1:36 PM
TAMPA, Fla. -- Researchers in Florida say they have the first scientific proof that two plumes of oil beneath the surface of the Gulf of Mexico came from BP's broken well. University of South Florida scientists said Friday they linked the oil to BP's well based on chemical tests of two plumes discovered in late May. BP initially denied the plumes even existed.
Federal researchers say concentrations of underwater oil doubled last month over what they were in May.
Figuring out the oil's source is pivotal as the government assesses the environmental damage caused by the massive spill and how much BP will have to pay for it.
(This version corrects that federal researchers say the plumes were twice as concentrated last month as they were in May, not that the concentrations have doubled since last month.)
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/23/AR2010072303319.html
Deepwater Horizon safety alerts were bypassed to avoid false alarms, witness says.
Published: Friday, July 23, 2010, 9:09 PM
Updated: Friday, July 23, 2010, 9:30 PM
David Hammer, The Times-Picayune
The Deepwater Horizon had a general alarm to warn of dangerous gas leaks on the rig and automated emergency shutdown systems to keep gas out of the engine room and to prevent it from igniting on working electronics.
But rig leaders had decided to bypass those key safety functions before the disastrous explosions April 20, according to staggering testimony from the rig's chief electronics technician Friday.
Share The technician, Mike Williams, an employee of rig owner Transocean, said he didn't like the practice of "inhibiting" critical warning and safety systems. But higher-ups insisted on it for such reasons as not wanting to be awakened in the middle of the night.
The decision appears to have been a game-changer for the 11 men who were killed in the accident, especially those working on the drill floor at the time. When methane gas shot onto the rig a little before 10 p.m., the bypassed alarm meant the men on the drill floor had no audio or visual warning to help them escape; a bypassed control panel shutdown meant gas likely had an ignition source in the airtight drilling shack; and the lack of an emergency shutdown system left engines free to suck in more gaseous air, causing them to overspeed, explode and spread the fire.
Click on the link below to read the full story.
http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/07/deepwater_horizon_safety_alert.html
Well you do provide humor, sort of like stand-up comoedy only
your punch lines are old and worn out. Other than that, lets see,
you joined I-Hub on 5/18/2010, you post only on this board and
all 13 of your post are negative in nature, now what should we
make of that.
Great idea. If you live in an area where gas drilling is going
on or is about to, contact your congressional, state and local
officials.
The Associated Press July 21, 2010, 1:48PM ET text size: TT
http://www.businessweek.com/ap/financialnews/D9H3J5V00.htm
Report: Marcellus reserves worth $2 trillion
MORGANTOWN, W.Va.
A new report done for the American Petroleum Institute says the vast Marcellus Shale natural gas reserves are worth at least $2 trillion to industry and billions in potential tax revenues to states.
The report Wednesday by Timothy Considine of Wyoming's Natural Resource Economics Inc. says the value of the reserves could be even greater.
It comes as the U.S. Environmental Protection Agency prepares for hearings in Canonsburg, Pa., on Thursday and August 12 in Binghamton, N.Y. on issues related to hydraulic fracturing or "fracking," a drilling process now exempt from federal regulations. The oil and gas industry opposes having the process governed by the Safe Drinking Water Act and regulated by EPA
Nice to see our equipment in the field.
Great find,thanks for sharing.
Picassa, thanks for your timely post.
We may not like to hear what Matt has to say, but you have to
to love and respect him for having the "Brass Ones" to stand
up and tell the truth. BP and the White House deserve no respect.
Shappy your right we have 2 machines in the Gulf, but I'm not
sure if their being used at all yet, I haven't seen or heard a
word that indicated that they've been put in service. All other
machines are at (I hope) customer well sites earning revinue.
Gulf of Mexico Oil Spill (2010)
Updated: July 20, 2010
Unusual Step Recalled With Blowout Preventer
A former worker on the Deepwater Horizon oil rig testified July 19 that he had used an abnormal way of testing a critical emergency device that failed on the day of the explosion. The worker, Leo T. Lindner, a drilling fluid specialist for M. I. Swaco, testified at a government hearing in the New Orleans suburb of Kenner that BP had given him permission to use an unusually large amount of a fluid called a “spacer” when conducting tests of the blowout preventer, a last-ditch safety mechanism that failed during the disaster. That decision ran counter to normal industry protocol, Mr. Lindner said, “and was made because BP could not easily dispose of the excess fluid any other way without violating environmental laws. “I remember seeing one e-mail from a BP mud specialist saying it would be O.K.,” he said, adding that the company’s environmental department had also approved the switch. Investigators from the Coast Guard and the Bureau of Ocean Energy, Regulation and Enforcement are holding the hearings. They began in May, resumed July 19 after a two-month hiatus and are scheduled to continue through July 23.
Click on link for full story
http://topics.nytimes.com/top/reference/timestopics/subjects/o/oil_spills/gulf_of_mexico_2010/index.html
The question her is will Bruce deliver on what he told Lowman ?
"A PR this week"
Does anyone on the board know for sure if our equipment is more or less just setting in a parking lot down there in the Gulf doing a whole lot of nothing ? If that's the case,then perhaps
we should pull it out of there.
BP's Incentive: To Not Capture All the Oil.
by Robert L. Cavnar
Global Research, July 19, 2010
In an interview, Bob Dudley, CEO of BP's New Gulf Coast Restoration Organization (whatever that is) finally admitted yesterday that their first relief well could be completed far in advance of the mid-August date that they have been insisting on since May, enabled by the Coast Guard and other government officials. We've heard the mantra now for months; even as the relief well, spud on Sunday, May 2, has stayed ahead of schedule, BP has steadfastly stuck to the mid-August completion date. In the interview, Dudley said that the well could be ready for the kill attempt by July 20th to 27th, but hedged, though, that storms and seas could delay that date. BP tried walking back his statement this morning, saying,
"He (Dudley) gave that as the very, very best scenario if everything went absolutely superbly according to plan and there are no interruptions but the expectation is that it will be
August."
Coincidently, July 20th is the date that new British Prime Minister, David Cameron, is scheduled to meet with President Obama. July 27th is the date set for BP to publicly release quarterly financial information.
BP has every incentive to get this well killed. As you know, I've been calling next week Kill Week, and since they are almost there now, only 245 feet from the objective as of yesterday, I still believe that is doable. The mid-August date never made any sense, unless they took a direct hit from a major hurricane, shutting down operations for 10 to 14 days. Right now, short of the low pressure area that will come ashore around Brownsville over the weekend, there is no tropical activity even out in the open Atlantic. Of course, that could always change, as we all know.
I've been resisting calling their delays in getting a better recovery system installed footdragging, but I now believe that's exactly what they're doing. As my friend over at Daily Kos, Fishgrease, says, every bit of unmeasured oil that is spilled into the Gulf is later negotiable. The volume estimates from the Flow Rate Technical Group are just that, estimates, and estimates are arguable in court. Flow rates and recovered volume reports are bewildering, coming from BP, the Coast Guard, the Unified Command, and the DOE, sometimes matching and never consistent. Sometimes BP will do a relief well update on their website, sometimes it comes from the Unified Command, sometimes from the Coast Guard in a hastily called press conference. There is no central place for all information, and you have to know how to navigate the sites that do exist. You need a degree in quantum physics to compile the information into anything that is deciferable and its a full time job trying to keep up with all of the numbers. The only source of reliable continuous data is on the DOE Oilspill Data page, but it's in oilfieldese, so only bewildering to the public. No wonder everyone is so confused. I'm paying attention all day every day, know what I'm looking for, and I get confused.
While they have every incentive to get the well killed, BP also has every incentive to not capture 100% of the well flow until they do. As soon as they do capture all the flow, then a real, measurable number will be in front of the public, and that's the last thing BP wants, since that number will then be used to extrapolate environmental damage, hence per barrel fines that will likely run to the tens of billions anyway. What bewilders me is why the government is letting them get away with it. Where is the Coast Guard, Steve Chu, the EPA, and the new Bureau of Ocean Energy Management? Where is the White House? Where is the main stream media? Are industry bloggers the only ones who are asking these questions?
Don't be surprised if the Helix system and the floating riser systems are not completed by kill date. Also don't be surprised when the kill attempt happens far in advance of mid-August before the larger system is operational.
I'll certainly be watching.
More on The Daily Hurricane Energy page
Cork I agree with you on this, however if loss of wealth,jobs,
home are the worst of it, I believe people can over time deal
with it as we have in the past. The main concern might be lives
lost because of the fools at BP.
Cork the one thing we wont have to worry about is what will
happen to the world elite. They have already constructed large
underground city's. I'm not sure they where built for this event
or 2012 but their ready.
If to a larger part this artice is correct, it may not matter
where you live. Let's hope their wrong.