Wednesday, June 23, 2010

10 year old smarter than BP

Check out this story about a 10 year old boys idea to stop oil spill. BP could use somebody's help.


 Idea to stop oil leak go here ---->  Fix leak

Monday, June 21, 2010


 The Attorney General has launched a BP criminal investigation.  As if the government and Eric Holder making life even more miserable for the energy giant was not enough, it was also announced that on the heels of that news, the stock price for BP plummeted.  The “top kill” method for dealing with the BP oil leak has apparently not worked, and the company has a public relations nightmare on their hands.

BP stock sinks

To make matters worse for the company, BP stock has begun to slide down in a hurry, according to Forbes.  Since the oil rig explosion and the subsequent Gulf of Mexico oil spill, BP stock has lost almost 37 percent of its value, costing the company $75 billion in market value. It is also reported that the BP oil spill has cost the company $930 million.  The loss for Tuesday, June 1, alone was a 15 percent loss, as stocks lost more than $6 per share in value.  This is piggy-backed on top of the failure of the top kill operation.

Friday, June 4, 2010

BP Latest Attempt to Stop Oil Leak for June 4,2010

 A cap collected some of the oil spewing out of the blown-out Gulf well, but black crude was still leaking into the sea, and officials said they won't know until later Friday how the device is working.
It's the latest bid to contain — not plug — the nation's worst spill. Even if the cap is successful, it will not collect all the oil coming out. Stopping the leak is still months away.
But officials were optimistic when the inverted funnel-like system, wrapped in hoses and more sophisticated than previous devices, started pumping oil and gas to a tanker on the surface.It is everyone's hope this latest "bandaid" will at least substantially slow down the leak until a permanent fix is in place.

Wednesday, June 2, 2010

BP Latest Attempt to Stop Oil Leak

The latest attempt by BP to stop the oil leak in the Gulf of Mexico is to saw off the top of the pipe and try to cap it.The problem is the saw got stuck.They are trying to change angle of cut to free blade or they may possible have to change the blade.If they get the pipe cut successfully it will probably leak worse for a short period(hopefully) until they get the cap on it.I pray that this attempt will be successful.