The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Peter V who wrote (254172)	6/14/2010 9:32:30 PM
From: patron_anejo_por_favor	Read Replies (3) of 306849

Or even all 5 done on 10 different wells at a time (say they had a combined failure rate of 5%). But #11 got 'em, their composite cheapness caught up to them. The API has "best practices" for offshore drilling. BP chose to not follow them, nor listen to Halliburton or Schluberger representatives on site. They (BP) were the ticking time bomb, not necessarily Macondo, but one of their wells was gonna blow eventually with drilling "management" like that. No sympathy for the debbil from me......

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