Showing posts with label Oil Slick. Show all posts
Showing posts with label Oil Slick. Show all posts

Tuesday, July 27, 2010

Where or Where Has The BP (NYSE:BP) Oil Gone ?

Over 200 million gallons of BP's (NYSE:BP) toxic crude oil was spewed into the ocean. The federal government and BP has sent a small army to clean it up, but the problem is they can't find it.


The oil slick mass is now the size of New Hampshire but started out the size of Kansas. The Coast Guard flew around the BP rig site and no oil could be found. An ABC News team surveyed a marsh area and the oil eluded them as well.

A shrimper, Salvador Cepriano is one of many searching for the oil. He said hes been putting out boom but it's not catching any oil. "I think it is underneath the water. It's in between the bottom and the top of the water," said Cepriano.

The government is says it's getting harder and harder to find the crude. Thad Allen, National Incident Commander said, "It is become a very elusive bunch of oil for us to find." This doesn't mean that all the oil is gone, but experts are saying that a massive amount has reabsorbed into the environment.

Monday, July 19, 2010

Island Sized Oil Slick Trapped Thanks to BP (NYSE:BP)

While so many have been watching for BP's (NYSE:BP) testing results on the sealing cap, a lot of people seem to forget about the massive oil slick that is trapped and traveling around the ocean. It is compared to the size of an island.

Roger Laferriere Coast Guard Captain, oversees the command center in Southern Louisiana. He is in charge of putting together exactly how the oil is to be cleaned up. He said there are routinely over 40,000 people are working along the Gulf Coast to track the oil. They skim oil when they can, clean the shorelines, and lay protective boom to minimize damage by the oil slick.

There are several analysts who feed satellite data into computerized maps that show where the oil is moving. There are also several fisherman and shrimpers who are involved with the cleanup. They work out of small docks and are out after sun up repositioning boom that has moved out of place, changing out the oil soaked boom, and repairing torn boom.

Stopping the leak has little to do with his mission over the next several months, "Even given that, we still have a lot of oil on the water. We're going to continue to push forward until all the oil is removed and the people of Louisiana can get back to their way of life. We're going to be here until the end," said Laferriere. He also meets with mayors, city councilmen, and parish presidents.

Saturday, June 26, 2010

BP (NYSE:BP) UPDATE: Storm Tracking

Tropical Storm Alex, the name of the first storm of the 2010 hurricane season could cause damage to BP's (NYSE:BP) oil rig and well. It also has the potential to move the oil slick closer to the Florida Panhandle beaches.

Senator Bill Nelson of Florida stated, "the greatest nightmare with this storm approaching is that it takes this oil on the surface of the Gulf and blows it over the barrier islands into the bays and the estuaries. And that is where you really get the enormous destruction, because it's just very difficult to clean up those pristine bays."

Alex's current course is heading West-Northwest and has sustained winds of 40 miles per hour and is about 250 miles from Chetumal, Mexico. As of now it does not appear that Alex path will take it directly over the massive oil slick, but as with any storm there is no predictability and their paths can change from hour to hour.

Meteorologist Karen Magginis says the "preferred scenario" for Alex to head to Northern Florida. The reasoning for this is because the oil has been slowly rotating counterclockwise. If Alex goes towards the East of it, it would send the oil out to sea. If the storms path goes directly towards the Gulf and Louisiana, it will cause the oil slick to be pushed towards Florida.

Magginis said, "we've never seen an oil spill that encompassed the Gulf like this before, end up do close to shore. We've never been in this situation before."

Sunday, June 13, 2010

BP (NYSE:BP) Hazardous Spill Containment: Declaring Bankruptcy

BP (NYSE:BP) seems to be doing some good in their hazardous spill containment efforts, while there is much talk swirling around them declaring bankruptcy. They've brought in more ships that collect and store the oil that is being redirected to the surface. They are now collecting 15,000 barrels of the crude oil daily, that number is expected to increase to 20,000 barrels daily very soon.

There is also growing tension between the government and BP, according to a top executive at BP. All the while trying to keep up the morale of those working so hard to get control and contain the oil spill. Doug Suttles, BP's chief operating officer, thanked BP workers, government officials, as well as contractors at the command center. Suttles said, there are "big frustrations out there." It's a huge challenge, we're doing something that we hoped we'd never have to do, but we're doing something that no ones ever done before," he said. "And I want to say thank you, you guys are doing a tremendous job under horribly difficult circumstances."

Meanwhile, the oil slick continues it path along the shorelines. With hitting Louisiana, Texas, Alabama, and Florida causing beaches to be closed and fragile environmental habitats to be destroyed, it's now pushing its course on to the East Coast.

The Attorney General in Florida and the State Treasurer in Louisiana have requested BP to put $7.5 million in escrow accounts to be used for their residents as well as to compensate the states for damages now and in the future. As of March 31st, BP only had $6.8 million available in cash and cash equivalents.

Thursday, June 3, 2010

BP (NYSE:BP) Setback, Oil Slick Almost To Florida

It took BP (NYSE:BP) 12 hours on Wednesday to free the saw that was stuck half way through the pipe they were cutting. Although, they did not give a time when they would resume their oil spill containment attempt, they did say they were preparing.

Meanwhile, the oil slick is within seven miles of Pensacola, Florida, ready to hit the area known as the sugar white beaches. Emergency workers are rushing to get the mile long boom link, designed to collect the oil, in place before the oil slick reaches the shoreline. Forecasters say the estimated arrival time for the slick is Friday.

As we've already seen what devastation the oil slick has caused in Louisiana, the outcome doesn't look any better for Florida. As well as the white sands beaches which inhabit much wildlife, there are also several Islands and bays that will feel the effects of the oil.

John Dosh, emergency director for Escambia County, which Pensacola is included in, said, "we are doing what we can, but we cannot change what has happened."

There has been much extra aid sent to the East Coast including boats, helicopters, and more staff. The helicopters will help spot oil in the water. The boats will help skim oil as well as place extra booms where needed to collect the oil.