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BP Aware Of Cracks In Oil Well Two Months Before Explosion

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posted on Jun, 17 2010 @ 07:13 PM
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BP Aware Of Cracks In Oil Well Two Months Before Explosion


www.infowars.com

BP was aware of cracks appearing in the Macondo well as far back as February, right around the time Goldman Sachs and BP Chairman Tony Hayward were busy dumping their stocks in the company on the eve of the explosion that led to the oil spill, according to information uncovered by congressional investigators.

(visit the link for the full news article)

Bloomberg Source



[edit on 17-6-2010 by SWCCFAN]




posted on Jun, 17 2010 @ 07:13 PM
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Guys this is HUGE!


The fissures, which BP began to attempt to fix on February 13, could have played a role in the disaster, though this is a question still being explored by investigators. Improperly sealed, the cracks cause explosive natural gas to rush up the shaft.

“The company attempted a “cement squeeze,” which involves pumping cement to seal the fissures, according to a well activity report. Over the following week the company made repeated attempts to plug cracks that were draining expensive drilling fluid, known as “mud,” into the surrounding rocks,” states the report.


Well it looks like BP is done as far as inverstors are concerned. Tomorrow will be very interesting watching the shares of BP fall.

So I guess the rumors are true BP was having a cover up.



www.infowars.com
(visit the link for the full news article)



posted on Jun, 17 2010 @ 07:22 PM
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yes I read it before ... not surprising

that would explain the whole $$ movement ...


waiting for the haters to say: well, this is fake, it is impossible for them to know before, simply because they dont use any type of tech to check out and alex jones is spreading fear

lol ... people are just clueless, off course they had access to all tech indicators from sensors in the region and they should know if a problem like this could happen ... off course they knew before, we just dont know how much before


[edit on 17/6/10 by Faiol]



posted on Jun, 17 2010 @ 07:26 PM
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Good find thanks for posting.

Just shows how corrupt the oil industry is.

Not that G. W. Bush Jr. didn't prove that already.

Edited to add: So will all the BP Executives CFO and CEO's be getting a court summons/subpoena for destroying the gulf of mexico? Who is Response-able?

Does BP have all the assets to cover this massive expense? Not likely...



Edited for spelling.

[edit on 17-6-2010 by Quickfix]

[edit on 17-6-2010 by Quickfix]



posted on Jun, 17 2010 @ 07:30 PM
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reply to post by Faiol
 


While I'm typically one of these individuals who would pass this off as another Infowars fear mongering article, the basis of the article is mostly based off of an article Bloomberg got from the MMS.


preview.bloomberg.com...

No surprise here. Money was moved well before the disaster happened and that can't be racked up as just another "coincidence".

Still, "officially" nothing will be done here.



posted on Jun, 17 2010 @ 08:02 PM
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Originally posted by SpectreDC
reply to post by Faiol
 


While I'm typically one of these individuals who would pass this off as another Infowars fear mongering article, the basis of the article is mostly based off of an article Bloomberg got from the MMS.


preview.bloomberg.com...


Cool, thanks for adding sources for this. Very interesting revelations.

So does anyone know if the "Macondo well" is indeed the one the Deepwater Horizon was on top of ? I do not know, that is why I ask since I know a lot of you are experts on this disaster these days.

No wonder they called it a "nightmare" well, it's had all kinds of problems one after the other.

I think this is huge news because it shows this conglomeration of corporate interests were so focused on tapping this reserve, that they pushed forward past tons of warning signs with Reckless Abandon.

Many incidents combined resulted in this. It wasn't any 1 thing IMO. It was the combination of dozens or hundreds of facets (which we have been hearing about many of them over the past weeks).

[edit on 17-6-2010 by muzzleflash]



posted on Jun, 17 2010 @ 08:05 PM
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reply to post by SpectreDC
 


Exactly the point. However it would give the FEDS a reason to expand the beauracracy even further.

My farther-in-law is a petrolium engineer and owns several oil wells. Last week one of the wells he owns no intrest in but was working as the company man was shutdown by US Wildlife and Fisheries. They ran all the workers out and padlocked the gate behind them. They had a letter from the department of the interior stating that all wells on federal lands will now have federal oversight in the decision making process. Any changes to existing wells must be approved by MMS.



posted on Jun, 17 2010 @ 08:09 PM
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reply to post by muzzleflash
 


Yes the Macondo well was in MC252 thats BP's lease block.

I guess the higher up in BP knew it was only a matter of time before the lost well control.

Lots of new lawsuits will be filed come Monday.

Possibly Criminal charges, but not likely.



posted on Jun, 17 2010 @ 08:31 PM
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Originally posted by SWCCFAN
reply to post by muzzleflash
 




I guess the higher up in BP knew it was only a matter of time before the lost well control.

Lots of new lawsuits will be filed come Monday.

Possibly Criminal charges, but not likely.



No wonder BP readily set up a $20bn escrow account...to hopefully mitigate a full bore investigation which would necessarily be made public without their 'cooperation & caring'



posted on Jun, 17 2010 @ 10:56 PM
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Is there any place on the internet where we can find out who else performed a sell off of their BP Shares??

I would love to see how many congressmen and senators went and offloaded BP from their portfolios.

Apart from being taken to court for 'insider trading', they should all be going to jail via the Supreme Court for not warning the government about an impending tragedy to US territory. i think this should be classed as treason.

Is this the definition of capitalism? personal profits before country?



posted on Jun, 17 2010 @ 11:15 PM
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reply to post by SWCCFAN
 


Holy crap...


This is amazing... How long before the MSM puts two and two together , namely the timing of how early bp knew and the Goldman Sachs and tony hayward selloffs..


There is definitely insider trading going on here...



posted on Jun, 17 2010 @ 11:59 PM
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Yeah guys this is a BIG deal and should be on top in ATS.

The facts are out! We must alert the masses.

The Socialist will attempt to use this incident to take over the oil industry.

You know to keep the people safe ....



Got Rope?



posted on Jun, 18 2010 @ 12:08 AM
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reply to post by SWCCFAN
 


This is huge but I don't know about any socialist. If the government actually does something to regulate these companies then maybe just maybe corporate interests don't run everything but I'm not holding my breath.



posted on Jun, 18 2010 @ 12:15 AM
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reply to post by SWCCFAN
 


Yes this is a big deal, but no need to bring politics into this.



posted on Jun, 18 2010 @ 02:35 PM
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reply to post by Morpheas
 


I agree. But I guess the Government didn't get the memo.

With the leaking seabed all arround the well bore I am begining to wonder if the releif wells are going to worked as they had in the past.

BP spent weeks pumping cement trying to fill the cracks but the pressure from the formation just pushed the cement into the surrounding rock and new cracks formed. So I put the releif wells at a 40% chance of success.

The Gulf is going to be dead for years.

Its almost beyond comprehension.



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