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Oil threat to Australia wildlife
Environmentalists have warned that an oil slick caused by an accident on a rig in the Timor Sea is threatening wildlife in Australian waters.
Oil has been flowing from the West Atlas platform for three weeks.
Safety authorities have been using chemicals to try to break up the spill but warn it could be at least two more weeks before the leak is plugged. Environmentalists have warned that an oil slick caused by an accident on a rig in the Timor Sea is threatening wildlife in Australian waters.
Oil has been flowing from the West Atlas platform for three weeks.
Safety authorities have been using chemicals to try to break up the spill but warn it could be at least two more weeks before the leak is plugged.
The Montara oil spill was an oil and gas leak and subsequent slick that took place in the Montara oil field in the Timor Sea, off the northern coast of Western Australia. It is considered one of Australia's worst oil disasters. The slick was released following a blowout from the Montara wellhead platform on August 21, 2009, and continued leaking until November 3, 2009, when the leak was stopped by pumping mud into the well and the wellbore cemented thus "capping" the blowout.
The plan was to stage the nation's first live exercise that simulates a nuclear bomb being detonated by terrorists in an American city, with 10,000 emergency responders, U.S. troops and officials playing out their roles in the heart of Las Vegas.
But the Obama administration cancelled the Nevada events set for next month after Senate Majority Leader Harry M. Reid (D-Nev.), backed by casino and business interests, said it would frighten away tourists and "unacceptably harm" the region's battered economy.
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
Since he disposed of 223,288 shares on March 17, the company’s share price has fallen by 30 per cent. About £40 billion has been wiped off its total value. The fall has caused pain not just for BP shareholders, but also for millions of company pension funds and small investors who have money held in tracker funds.
The brokerage firm that's faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP.
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman's sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP's stock during the quarter.
1. BP never had a realistic plan to deal with a spill
2. BP went with a risky type of blowout preventer — and then didn't maintain it
3. The well's critical plumbing was shoddy and poorly designed
4. BP and rig workers ignored or misread clear warning signs
5. A "company man" overrode explosion concerns of well cementers
6. BP hasn't fessed up about how much oil is really spilling
7. BP's "solutions" may be making the spill much, much worse
8. BP needs a bigger boat
As far as the things that look suspicious to me, Obama's recent stance reversal on off-shore drilling. He just reversed his stance on off-shore drilling when this incident happened. Now, this would normally be damning circumstantial evidence for me, but he has reversed his stance on just about everything. Obama lied about everything that he stumped for. It would actually be weird if he didn't lie about the off-shore drilling.
Another thing that I find a little troubling, is that BP was drilling so far beneath the the sea-bed. I sure would like to get more information as to why this was and how much we knew about drilling so deep into the sea-floor.
stupidity and greed
Originally posted by Someone336
We need a healthier and more sustainable fuel source. The human race isn't going anywhere anytime soon, but oil isn't infinite. Allowing Big Oil into the Gulf of Mexico is going to open the floodgates: in addition to American ventures, BP has professed an interest in the gulf as well as China and other large countries. The gulf will become rapidly crowded as more and more offshore drilling rigs are put up and ocean traffic will increase. The gulf is not clean by any means, but have you looked at the environmental impacts that are caused by offshore drilling?
Here is a chart (source: NASA.gov: Oil Pollution) showing how much oil ends up in the ocean each year:
I know "15" doesn't seem like a lot, but that is 15 million gallons. That number is going to increase exponentially if offshore drilling is allowed in the Gulf. The small coastal towns along the gulf rely on those waters to sustain themselves. I should know, I used to live in one. We can't let the inevitable pollution ruin an ecosystem that an huge swath of American and South American economies are built upon.
Another interesting source: Oil Pollution of the Sea
Originally posted by manta78
reply to post by airspoon
"While we do drive cars, air condition our homes and enjoy plastics from oil, we have no other viable alternatives."
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Reply by manta78
I do believe it was a conspiracy, and gave the motives and
incentives in another thread on ATS, which I think you read.
We DO now have a new alternative to plastics, which is biodegradable; Plastics consume 10% of our oil production in the U S, and one of these days I hope the MSM will decide its time to announce it to the world. I posted a thread about it here:
www.abovetopsecret.com...
[edit on 16-6-2010 by manta78]