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A Prediction: The Future Of The “British Petroleum, TransOcean and Halliburton” Oil Gusher Disaster

This article was originally posted May 25, 2010 at 8:30 am

I fully expect the following events to occur — I do hope I am wrong:

  1. British Petroleum with subcontractors (Transocean, Halliburton and others) will (appear to) work hard on stopping the oil gusher (referred to as a “spill”).
  2. BP tries to fix the problem, all the efforts try to stop the leak and harvest the crude oil for production.
  3. BP decides to ditch their attempts to harvest this oil (from this hole) and moves on to try to permanently seal the hole.
  4. After many tons of crude oil spilled, millions of dollars spent, priceless nature is destroyed, and after months of trial they will fail to stop the gusher.
  5. Due to BP’s apparent failure, the US government will take ownership of this problem and attempt to stop the gusher/spill.
  6. BP is now out of the picture, for a short while.
  7. The US government will have to spend a few billions of dollars on this disaster.
  8. The US government will have to hire the same subcontractors that caused this mess, because they are the most qualified ones to fix this mess. Transocean, Halliburton and others will be subcontracted by the US government. BP employees will be also contracted for their expertise.
  9. The persons who created this disaster will essentially be bailed out.  [Does this sound familiar so far? (hint: wall street bailout)]
  10. Halliburton will be paid again (this time by we the people, not by BP) to clean up their mess.
  11. British Petroleum, Transocean and Halliburton will be reprimanded in some fashion, but it will too late, too little and essentially just political theater, just for show.
  12. Eventually, the gusher/spill will become a leak.
  13. Monitoring this leak will have to continue for decades.
  14. Further attempts will have to be taken to stop this leak and maintain the containment.
  15. The leak (like so many other disasters) will disappear from the main stream US news media.
  16. You will hear numbers in millions even billions of lost dollars (in lost property and economy). Yet,
  17. The real loss here is priceless. The real loss wont be given to you by economists or politicians.
  18. History will quickly be rewritten , new disasters will distract.

Observations:

  • This is one other example of corporate welfare in this bailout era
  • The corporations are too big to fail
  • The problems are too big to ignore
  • No one else knows how to fix the problems, except for those who created them.
  • The corporations make a profit regardless of their performance
  • The corporations make a profit regardless of destruction and loss of life resulting from their actions
  • We pay them, we get taxed, we obey the law, they pay law makers (in various ways) to make the law

  1. admin
    June 2nd, 2010 at 20:44 | #1

    the original article and comments can be found here
    http://www.seekingwholeness.com/crazy-world/the-future-of-the-british-petroleum-transocean-halliburton-oil-spill-disaster-a-prediction#comments

    may 27:

    Gusher not spill:

    “Meanwhile, government scientists said Thursday that the undersea gusher was spewing oil at a rate of 12,000 to 19,000 barrels a day, more than twice the 5,000-barrel estimate given by BP.

    The government had two different teams of scientists estimate the rate of flow using two different methods, U.S. Geological Survey Director Marcia McNutt said.

    Also Thursday, sources said that Minerals Management Service Director Elizabeth Birnbaum has been fired.

    A senior Obama administration official said an official announcement will be made during the president’s news conference scheduled for Thursday afternoon.

    The decision to fire Birnbaum comes after a recently released report highlighting what many observers have characterized as widespread corruption at the Minerals Management Service, which is part of the Interior Department.”

    From http://edition.cnn.com/2010/US/05/27/gulf.oil.spill/index.html?hpt=T1

    may 28

    This morning prediction # 5 became true:

    Title: Obama says US government in charge, not BP

    “Associated Press Tags : Barack Obama, oil spill, BP Posted: Fri May 28 2010, 10:16 hrs Washington:

    President Barack Obama fought back critics of his administration’s handling of the spewing oil well in the Gulf of Mexico, declaring today they “don’t know the facts”.

    He emphasised that his government, not oil company BP, is in charge.

    Calling the unprecedented spill a “tremendous catastrophe,” Obama also said that the US government does not have the technology to deal with the damaged oil well nearly a mile (1.6 kilometers) below the surface, meaning that Washington must rely on BP — under federal direction – to plug the spewing well.

    Obama also said he took full responsibility for ending the flow of oil and cleaning up the damage. “I take responsibility. It is my job,” Obama said.

    Saying he woke each morning and fell asleep each night thinking about the environmental tragedy.

    “This speaks to the question of how we are caring for the incredible bounty” of the United States, Obama said.

    http://www.indianexpress.com/news/obama-says-us-government-in-charge-not-bp/624864/

    may 29

    Prediction #4 true now?

    http://www.cnn.com/2010/US/05/29/us.gulf.oil.spill/index.html?hpt=T1&iref=BN1

    Venice, Louisiana (CNN) — BP’s “top kill” attempt to stop the flow of oil from a ruptured well in the Gulf of Mexico failed, the company’s chief operating officer said Saturday.

    The oil giant has tried for days to stop the the largest oil spill in U.S. history by pumping heavy, mudlike drilling fluid into a ruptured oil well, a method known as “top kill.”

    may 31st
    Yes, indeed. They tried the top kill and when they stopped pumping the oil gushed out with all the mud they had pumped in, so they tried again and pumped more and failed again. Now they decided that “top kill” wont work.

    june 2nd

    To make matters worse, the dispersant used by BP seems toxic and could evaporate into toxic clouds and fall as rain on land possibly poisoning land life forms (insects, plants, people?)
    http://ev101.com/energy-production/fossil-fuels/british-petroleums-dispersant-will-kill-marine-life-cause-toxic-rain-that-will-kill-terrestrial-life

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