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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: ChanceIs who wrote (135261)	6/17/2010 7:40:28 AM
From: carranza2	3 Recommendations Read Replies (1) of 206214

On balance, I now believe we do have casing failure and at least one more source of oil escaping from the formation. What this means at this point is really unknowable, but it isn't good. Cavnar's description of the abrupt ending of the top kill procedure seals it for me. It may be like looking for a needle in a haystack, but some effort now has to go into determining the location of the additional sources of escaping oil so that steps can be taken to determine whether they can be contained. I think the information is being managed, with dribbles of it being made public. The Administration and BP should remember basic principles of crisis manaagement: tell the whole truth and tell it right away. No one will believe or support you if you prevaricate.

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