Saturday, July 3, 2010

BP (NYSE:BP) Gulf Oil Leak Update: Containment Cap Loosens

As BP (NYSE:BP) continues on with their efforts to get control of the Gulf oil leak, the oil containment cap is coming loose. By observing the live oil spill feed, the oil is flowing out stronger than ever. The cap appears to be wobbling and bouncing around in the water.

Officials are saying that less oil has been captured over the last couple of days. The cause of which is being blamed on the high winds of Hurricane Alex. It doesn't appear that the weather is going to get any better. All weekend around the Gulf region thunderstorms are expected. There is also another tropical storm forming over the oil leak area.

Meanwhile, on Thursday the House of Representatives removed the damages award limit. This will greatly effect BP. It opens the door for the families of the 11 deceased workers, among others, to sue for pain and suffering. Prior to this action, the amount of money that was able to be recovered for damages was significantly lower.

Tar balls continue to be spotted in new areas around the Gulf Coast. In Pensacola Beach, Florida there have been several sightings of tar balls the size of plates. With the Fourth of July holiday weekend, this has dampened the spirits of many that were looking forward to relaxing days on the beach.

6 comments:

  1. What a dreadful column - groundless opinion dressed up as fact. Do you not think this is a big enough problem without assholes like you issuing scare stories?

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  2. Ditto - and 25290 barrels (according to bp's website) were collected or flared on the 2nd July, which is consistent with previous days.

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  3. ACCORDING TO BP.... trying to contain my UNCONTROLLABLE laughter!! your kidding right????

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  4. Fuck off Melissa you stupid tart. Women shouldn't be allowed to voice opinions on the internet.

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  5. Anonymous...you are a pig! Stupid moron to be factual...I'd bet my life, you are a long BP shares bagholder...sucks to be you, right???

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  6. ...AFFECT not "effect BP," please. Now that the earth is going, I'd like to see better spelling and grammar on all message boards. And peace in the world, and people who understand reduce, reuse, recycle, repurpose. And thin, thin in my next life, with big blue eyes (last to be eaten).

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