Skip to comments.BP disaster started in February?
Posted on 06/19/2010 12:26:08 PM PDT by kara2008
Until this week, the general impression of the Deepwater Horizon blowout in the Gulf has been that the explosion took everyone by surprise, and that neither BP nor a dysfunctional MMS had any idea that the well had reached a critical stage. Two days ago, however, Bloomberg reported that both BP and MMS were well aware of the high risk of a blowout at that particular well. BP and its subcontractor Transocean had in fact been fighting against a blowout for over two months, and MMS was well aware of the situation:
(Excerpt) Read more at hotair.com ...
MMS utterly failed to regulate the safety of BPs deep-water drilling operations. Where are those who signed off on this rig up until Feb Mar April May???
They had plenty of forewarning to have skimmers, boom material, manpower, an action plan, etc standing by. Why werent BP and MMS prepared for the worst case scenario?
Also, Goldman Sachs and BP CEO Tony Hayward sold a bunch of BP stock during the 1st Quarter, seemingly, unaware of the then thought impending disaster. This indicates otherwise.
Yes, this makes it much more understandable why Hayward dumped such a large amount of BP shares of stock.
The “official release” will contradict. Save this page. Watch it ‘evolve’.
It’s all Bush’s fault.
Does anyone know how to remove this from Breaking news? I didn’t mean to post it under breaking!!!
I bumped it to breaking.
Hit abuse on your thread and ask the mod to change it.
"BP didnt exactly keep it a secret, either. They informed MMS of the problem, which apparently did nothing to intervene in a situation serious enough that a similar situation caused Exxon to shut down its well in 2006."
This is already in the Federal Record.
There is an official transaction record of the insider selling. There is an official record of cuts to the CG.
There is no way to spin this. It is what it.
Good point. When I first saw that report, I didn't think too much of it because executives sell company stock all the time, usually just to diversify their holdings. This report puts it in a whole new light.
Because they were getting out of the OIL DRILLING business, and into the new and very profitable GREEN ENERGY business.
The guy who headed the MMS for 12 years had quit/was let go so Obama could put in one of his 'insiders' who would waive the rules for BP so they could finish the drill, and turn it over to oil producer. It was costing them big bucks every day in penalties because they were behind schedule.
Obama in his 'insiders' had been working with BP on crafting the new CAP AND TRADE legislation, and they wanted BP off the well before the bill went in for a vote.
Mother Nature had other ideas, however.
LOL. (I thought I screwed up.) Thanks Jim!
So MMSknew there were big problems and allowed them to continue? To me this places the blame more on what the federal government did not do to keep this from happening.
This particular well was snake bitten from the beginning. As you pointed out the permit was taken back in 09. Drilling began Oct. 09 with another drilling platform which was damaged by a hurricane in the gulf. That platform had to be removed for repairs.
Deepwater Horizon finished another major deep find for BP in late 09 [Tiber] and they moved that platform in to drill this [Macondo] well. Once started in Jan. 10 they were down about 13,000 ft had a problem down how with some tool, had to cement it in, come back up hole and start again at a slant. That attempt finally got the the reservior they were drilling far and then the other problems began culminating in the blowout/spill.
If this new timeline is correct, it certainly puts Obama’s announcement to open up drilling in a new (and much more sinister) light.
He probably thought he’d win the undying loyalty of the Drill, Baby, Drill crowd and that they’d stick with him even after he “reluctantly” had to reverse his decision in face of the “unacceptable” risks that he expected to be revealed once the almost-certain gusher at Deepwater began. Apparently he failed to consider that the DBD crowd would be appalled at his unnecessary 6 month moratorium on deep water drilling and that they’d be equally appalled at his inept handling of the entire situation. If his thinking really ran along the lines suggested above, it would be a classic example of being too clever by half.