Monday, May 03, 2010

At least it's under control

MarketWatch: Deepwater disaster 'could be worse than Exxon Valdez'

BP's liabilities could run in the billions; market cap already down $36 billion

Posted by devo @ 10:16 PM (917 views) Add Comment

9 Comments

1. devo said...

where's heath robinson, when you need him?

BP Says Crews Make Progress Stemming Oil Leaks

Bill Salvin, a company spokesman, said that crews had finished building a containment dome, a 4-story, 70-ton structure that the company plans to lower into place over one of the three leaks to catch the escaping oil and allow it to be pumped to the surface. The other two domes would be completed on Tuesday, Mr. Salvin said, and crews hoped to install all three domes by the weekend.

“That will essentially eliminate most of the issues you have with oil in the water,” he said.

http://www.nytimes.com/2010/05/04/us/04spill.html

Monday, May 3, 2010 10:25PM Report Comment
 

2. devo said...



not exactly aesthetically pleasing, but as long as it works...

Monday, May 3, 2010 10:37PM Report Comment
 

3. markj69 str05 said...

Surely they have an FMEA high-lighting the possibilities of this kind of failure? Surely they had planned for this? Why on earth aren't there these kind of counter measures already prepared???

And while we're at it, why haven't they developed a tanker with a huge vacuum cleaner? Positioned above the leak, it might have contained most of the oil?

Probably cost a darn sight less than it's going to cost, environmentally as well as financially.

Monday, May 3, 2010 11:44PM Report Comment
 

4. rumble said...

"not exactly aesthetically pleasing"

lol, could it look worse.

Monday, May 3, 2010 11:47PM Report Comment
 

5. fallingbuzzard said...

I am imagining this big vacuum cleaner tanker trying to store the contents of the Gulf of Mexico!

Tuesday, May 4, 2010 12:47AM Report Comment
 

6. This comment has been removed as it was found to be in breach of our Blog Policies.

 

7. miken said...

...can't see how an oil leak spreading oil onto an already filthy country can affect house prices here.

Tuesday, May 4, 2010 12:27PM Report Comment
 

8. rumble said...

@miken... well.... BP is a brit company, the general public ends up paying for the clean up, and they're the ones trading houses.

Tuesday, May 4, 2010 03:35PM Report Comment
 

9. righttoleech said...

looks no worse than many a 'luxury apartment block'

Tuesday, May 4, 2010 03:38PM Report Comment
 

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