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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (80384)5/24/2010 10:08:09 AM
From: T L Comiskey  Read Replies (1) of 89467
 
BP hopes for oil well "kill" success

By Matthew Bigg –
VENICE, Louisiana (Reuters) –

BP Plc's planned attempt this week to shut off its blown Gulf of Mexico well has a 60-70 percent chance of success, a BP executive said on Monday, as efforts to reduce the gushing oil leak faltered.
"We need it to work," BP Chief Operating Officer Doug Suttles told CNN, referring to a so-called "top kill" operation -- the injection of heavy fluids and then cement into the seabed well to block oil flow.
The London-based energy giant, which has now lost about 25 percent of its market value -- almost $50 billion -- since the five-week-old spill began, has scheduled the attempted fix for Wednesday.
BP is facing intense and growing pressure from the U.S. government to solve what President Barack Obama has called an unprecedented environmental disaster for the United States caused by the slick.
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