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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (571404)	6/13/2010 4:14:06 PM
From: i-node	Read Replies (1) \| Respond to of 1577883

We've got to stop the gusher first. Then we have to deal with the other issues. There's a lake at the bottom of the Gulf of Mexico that's over 100 miles wide and at least 400 to 500 feet deep of black oil. It's just staying there. Didn't Brumar already disprove this claim with 1 line of basic arithmetic? We should have been pumping this oil out onto other tankers weeks ago. Do you not think BP would have been doing precisely this if they were capable of doing so? As far back as April 29, BP was asking the federal government for help with the spill. Obama has been almost catatonic in his lack of response to this crisis. The instant BP asked for help, it was clear they were beyond their capabilities. Here we are two months later and all Obama has is oil company hate speech. His pack of intellectuals sit around pouring sand over their peckers while the oil continues to flow.

To: tejek who wrote (571404)	6/13/2010 7:36:33 PM
From: TimF	2 Recommendations Read Replies (1) \| Respond to of 1577883

Simmons predicted prices would be at or above $100 within a few years. By 2008, when Fortune profiled Simmons, the price of crude had hit $147 a barrel. And since then prices have come down again. There's a lake at the bottom of the Gulf of Mexico that's over 100 miles wide and at least 400 to 500 feet deep of black oil. Nonsense. 100 miles by 100 miles is almost 26 billion square meters. If that's 150 meters deep (just under 500 feet), it would be about 3.9 trillion cubic meters or around 24 and a half trillion barrels. Lets assume "lake of...deep black oil" was an exaggeration that wasn't meant literally and that its really only one part per thousand oil with the other 999 being seawater. It would still be something like seven or eight years worth of production for Saudi Arabia (not a rig in Saudi, or a field, but the whole country). Maybe one part per thousand was too much and his "deep black oil" somehow actually only means one part per hundred thousand. So no you would be taking about close to a quarter of a billion barrels. Assume that the broken well is spewing forth 100,000 barrels per day (which is rather unlikely), then it would have taken over six an a half years to spill that much oil (and that assumes all of it goes to this "lake", that none spreads out anywhere else, which of course is not happening.