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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (253700)6/12/2010 11:16:17 AM
From: Les HRead Replies (5) of 306849
 
Talked to Matt Simmons today. He had just appeared on the MSNBC Dylan Ratigan show where he told a similar tale. Here’s his story:

There are not cracks in the sea floor. The Thomas Jefferson, deployed from Woods Hole, will end up finding an open hole where the well and casing used to be, some miles away from where BP is working. It is putting out 100,000 to 150,000 bpd.

The explosion blew the Blowout Preventer off and left the riser on the sea floor. The recovery effort is just coming from the riser. The gas plumes you see in the videos are only 3 to 4 feet high. That’s not the main oil source.

The claims of 11,000 bpd recovery is just lies.

We don’t know where the BOP is. That’s just the riser you’re seeing.

The well must have blown at 50,000 psi.

When they find the oil well, it will be without any casing. All the casing blew out of the well. This is common occurrence. It was a bad cementing job. That is why relief wells cannot possibly work.

The Soviets put their bombs down the open hole (not true, of course). The Navy needs to come in with a device that can force a 7” A-bomb 18,000 feet down the well and detonate it.

You have to stop the gusher. It may cover 40% of the Gulf of Mexico 400 to 500 feet thick.

We should be deploying tankers to suck up the oil from the bottom.

marketoracle.co.uk
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