Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (73398)	5/10/2010 8:02:30 PM
From: maceng2	1 Recommendation Read Replies (1) of 74559

The problem is that avoiding ALL accidents would be very expensive guardian.co.uk en.wikipedia.org A fair enough statement. This was the deepest well yet though. Pushing back the frontiers of what is possible usually brings in some extra safety precautions. I have listened to local guys who work on rigs and they cannot understand how the accident could have happened. A blow out from a deep well should have given lots of warnings. In addition they cannot understand why the sea bed preventers didn't close. One accident can happen, two or more accidents and you start to wonder. So, there are some big question marks over the competency of the people running the BP GOM project imho.

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