Fixing oil wells fast, public aware of oil spill danger now
Post date: Aug 20, 2010 7:51:36 PM
Oil companies get nervous about
Public opinion understanding
Oil spill disaster now
The price of staying in the game
Oil companies are now developing a system that could cap deepwater wells in the Gulf of Mexico
in a hurry
Oil goes not-for-profit
Marine Well Containment Company
Time for Solarlife
No-oil, no-nuclear economy
think 2050
end of petrol end of Uranium
The position taken by ExxonMobil, Chevron, ConocoPhillips and Shell, which are clubbing together to put $1 billion into creating and equipping a new not-for-profit firm, the Marine Well Containment Company, is that the capability to do much better than at Macondo depends on having hardware designed for the job and available from day one. The companies outlined their plans at a public meeting held in New Orleans on August 4th by the Bureau of Ocean Energy Management.
Reader comment: crowd powered opinion
http://www.economist.com/comment
The various blowout prevention techniques and associated equipment are only useful on the first successful drill hole. Once the Oil resource is reached the only true safeguard to excess pressure is the drilling of another well, called a relief well. Yes this method may be expensive, hence the resistance from oil companies, but it is the only way to ensure safety when drilling in deep water or unsafe conditions. Ice/storm infested areas.
source: economist.com
heated wrote:
Aug 14th 2010 2:03 GMT