US says Gulf oil spill could last 100 years.
Source: AP
WASHINGTON (AP) - Government estimates obtained by The Associated Press show a decade-old oil leak could continue spilling crude into the Gulf of Mexico for a century or more if left unchecked.
Taylor Energy Company owned a drilling platform that was toppled during Hurricane Ivan in 2004. It has played down the extent of its leak, and maintains nothing can be done to completely eliminate the oil slicks that often stretch for miles off the Louisiana coast
Read more: http://www.msnewsnow.com/story/29076233/apnewsbreak-us-says-gulf-oil-spill-could-last-100-years
Says it's much worse than has been reported by either Taylor or the government.
catnhatnh
(8,976 posts)Let's have the government seize the company until the Gulf recovers.
JustABozoOnThisBus
(23,338 posts)until the Gulf recovers.
A way to re-use some space at Guantanamo Bay.
Feron
(2,063 posts)n 2008, Taylor set aside hundreds of millions of dollars to pay for leak-related work as part of a trust agreement with the Interior Department. The company says it has spent tens of millions of dollars on its efforts to contain and halt the leak, but it hasn't publicly disclosed how much money is left in the trust. The company sold all its offshore leases and oil and gas interests in 2008, four years after founder Patrick Taylor died, and is down to only one full-time employee.
http://hosted.ap.org/dynamic/stories/U/US_GULF_OIL_SPILL_HIDDEN_SPILL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
Add to that the announcement that another small Louisiana company is going to drill in the vicinity of the BP disaster.
Taitertots
(7,745 posts)If you want to profit from oil drilling, you better be ready to pay to fix your fuck ups.
ffr
(22,668 posts)I'm very leery of eating any seafood from that area. A couple places around here import Louisiana or Texas crabs and I am afraid to go there to eat anymore.
I remember seeing video of a shrimper showing deformed shrimp and saying he has to throw out 90% of his catch. I'm not sure I would want to eat the "healthy" ones but he at least was conscientious. I imagine there are many that might want to turn a profit by selling those deformed shrimp to whoever would buy them.
I would love to see a followup piece on some shrimpers and fisherman from the area to see there take on the quality of the seafood today.
Dustlawyer
(10,495 posts)BP has lied to the world about the Gulf. The effects were much worse and still ongoing. The victims are still being screwed over. The media don't report because BP has been the largest advertiser on the Gulf Coast since the spill. They don't dare report the truth.
The Plaintiff's Steering Committee (PSC) was bribed with $600,000,000 to agree to a Class Settlement that denies 75% of the victims. The PSC only gets the money if the class goes all the way through to the end without being overturned so they won't oppose what has clearly been a horrible deal. There is no justice in America if it is against a large corporation.
FLPanhandle
(7,107 posts)I'd also support the death penalty for the company executives.
See how fast Oil Companies clean up their act when they get as much justice as regular terrorists.
Hoppy
(3,595 posts)Initech
(100,061 posts)Will BP's subsidies be revoked? Will their executives be imprisoned? Will the company be stripped of its' assets? No. This pisses me off.
nc4bo
(17,651 posts)<iframe width="560" height="315" src="
" frameborder="0" allowfullscreen></iframe>Lies then.
Lies now.
Liars lie and the rest of us and our poor planet pay the price.
IHateTheGOP
(1,059 posts)wordpix
(18,652 posts)blew out. Ocean Energy Managemt also approved and said the deal is based on strict standards, blah blah.
Just like the strict standards in place in 2010 at time of the BP blowout. I don't see any difference between these agencies and previous Minerals Management bureau.
http://www.usnews.com/news/business/articles/2015/05/12/plan-okd-to-drill-into-bps-ill-fated-macondo-reservoir
snip: Richard Charter, a senior fellow with the Ocean Foundation and a longtime industry watchdog, said it would be cause for concern if a small company resumed drilling in the reservoir, which is located in a geographical area of the Gulf known as the Mississippi Canyon. The area, rich in oil and gas, is divided up into blocks used for drilling. BP's Macondo well was located in Mississippi Canyon Block 252.
Charter said drilling into that reservoir has proved very dangerous and highly technical, and raises questions about whether a company like LLOG has the financial means to respond to a blowout similar to BP's.
"BP had deep pockets," he said. "You don't want someone not particularly qualified and not fully amortized to be tangling with this particular dragon." He added: "When a company can't pay when something goes wrong, generally it's the public that pays."