Liberalism: Do You Agree We've Had Enough of It? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kenneth E. Phillipps who wrote (87405)	7/12/2010 1:54:37 AM
From: FJB	of 224749

White House says it could contain 90 percent of spilling oil By Michael O'Brien - 06/15/10 07:27 AM ET The Obama administration's plan to contain oil leaking from a deepwater pipeline could be sucking up as much as 90 percent of the spewing oil by the end of June. White House press secretary Robert Gibbs said Tuesday that the strategy BP is pursuing — at the behest of the federal government — will have a high efficiency rate in containing the oil spill by the time the end of this month rolls around. "I think the containment strategy that the Coast Guard and the federal government pushed BP to accelerate will capture most of the oil that is leaking from the Gulf right now," Gibbs said during an appearance on "Good Morning America" on ABC this morning. RELATED ARTICLESObama may name 'czar' to oversee long-term recovery Gibbs said he "absolutely" agreed with reported assessments that the strategy could mean an effective containment rate of 90 percent of the leaking oil. The ongoing strategy has involved sending a series of ships to the area surrounding the leaking oil pipeline, onto which a cap to help manage the flow of oil had been fitted in recent weeks. These containment ships are able to siphon leaking oil up to the surface and onboard their vessels, instead of allowing the oil to flow into the Gulf of Mexico. Gibbs confirmed that these ships could be capturing as many as 50,000 barrels a day that would otherwise be spilling into the Gulf, leading to optimism over the efficiency rate. Still, officials have long maintained that a permanent solution won't be available until BP finishes drilling two relief wells nearby to relieve the pressure on the well from which oil is currently leaking. Those relief wells are expected to be completed sometime in August. Source: thehill.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next