We all remember BP's original statement that they were losing 5,000 bpd from the well. Then scientists said it was more like 100k bpd. Then the
government said that it was about 10k bpd - not 100k. A few weeks later, they said "Ok - maybe it is 100k bpd."
Now we've got new figures of 350k bpd spewing out of the wellhead, (ATS Link
) and a
total of 420-840 MILLION barrels leaked so far. (ATS link)
To me, it all seems to point to one thing - BP was lying from the outset about the amount of oil this well was producing before the explosion. If
they're lying about this one, they're probably lying about ALL of the ones they own, as are the owners of every other oil well on the planet.
Why would they lie about it?
For starters, everyone here knows about the "peak oil" theory. If the petrocompanies say that oil is getting harder to get out of the ground, they
charge more for it and we end up getting hosed. Meanwhile, they continue to set record after record in regards to company profits.
What do you think would happen if instead of having to pump like hell to get oil out of the ground, that oil was practically GUSHING out of their
wells? Better still - that the wells were not "running dry" as we've been told, and were instead being replenished via a chemical process near the
core of the earth (abiotic oil)? That the oil companies were shutting down "dry wells" just to keep the lie alive?
The answer is that the world economy would crash and crash hard.
By and large, most nations are deeply vested in petrodollars. Were oil to suddenly drop in price to $5 a barrel, many countries would simply implode -
mainly the OPEC cartel and our pals in the big oil companies. They have nothing to lose and everything to gain by propagating the myth of peak oil.
I think the smoking gun is in plain-sight - surrounded by little unmanned subs and blowing hundreds of thousands of barrels a day into the gulf.