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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (134987)	6/15/2010 9:32:47 AM
From: CommanderCricket	Read Replies (2) \| Respond to of 206209

Yikes - scary.... Makes a good case the well bore has been compromised.

To: ChanceIs who wrote (134987)	6/15/2010 9:53:12 AM
From: Wowzer	Respond to of 206209

That is one scary post and does make a good case that the structure is compromised deep in the well.

To: ChanceIs who wrote (134987)	6/15/2010 10:07:39 AM
From: ChanceIs	Read Replies (1) \| Respond to of 206209

RE: Gulf Floor Collapse Man oh man...that is some dark news. I can only pray that it is a lot of hooey. Only thing is...it is consistent with EVERYTHING I have seen or read so far. Mind you...not CAUSAL...just consistent. And for once, the writing/journalism is clear and unambiguous. (Please don't tell me that the long hand of the government has purposefully gotten the press to write like kindergartners, which is the level at which they have been writing about this.) I have several comments: 1) I truly hope that the good folks at Sandia labs have been planning the underground nuke. It increasingly seems that that is a "nothing left to lose" scenario. 2) I hope that they are developing the option to sink wells on a quarter mile grid to simply produce this thing into oblivion - before it leaks itself into same. 3) When are they going to do the rational thing and pump massive amounts of LOX into the well head region to burn the spill off underwater. Again...what to they have to lose trying. Well, I admit that things could get interesting on the LOX barge on the surface. Some of you may remember a certain tragedy in the early Apollo program after which NASA decided that pure oxygen atmospheres really weren't a good idea. 4) If the worst comes to happen - and I pray that it doesn't - this could be the end of offshore. And lots of other stuff - think Alaska pipe license. What is left??? Got gas??? It may seem cold and cynical at times like this to be thinking of profits, but my ethical shield in the person of Adam Smith tells me that if Patterson Energy has more capital to make rigs and set them at work, then fewer people will freeze in the northeast this winter - or next - when they can't get fuel oil for their furnaces. Why has BP not yet filed??? The mother of all short opportunities??? Might not be bad to buy a few puts.

To: ChanceIs who wrote (134987)	6/15/2010 10:16:01 AM
From: Jane4IceCream	2 Recommendations Read Replies (1) \| Respond to of 206209

What a great idea for the next big science fiction thriller...would rank right up there with 20,000 Leagues Under The Sea! The theme though would be consistent with what the world revolves around these days...oil. Jane

To: ChanceIs who wrote (134987)	6/15/2010 12:40:36 PM
From: DebtBomb	Read Replies (2) \| Respond to of 206209

I think it's a cover-up. Matt Simmons and other experts are saying, the amount of oil sitting in the gulf water is so massive it's coming from another source than what they're showing us on TV. They hide everything and cover things up. Something is very wrong in the GOM. People are under-estimating the impacts of all of this in my opinion. It can shut ALL gas and oil rigs down in the gulf, because they need clean water to run their rig pumps. And, the pollution from not only oil, gas, and methane, but from dispersants BP is flooding the gulf water with is benzyne and causes cancer. They could have to evacuate people 200 miles inland. Let's look at a little history lesson: In the roaring 20's people went nuts with debt and burning gasoline and running tractors and farming. They destroyed the farmland in the plains with GREED. (it's no different today with oil in my opinion. This deep water drilling is playing with fire.) In 1930 the droughts came and all farmland was toast. The dust storms hit as far away as Manhatten and D.C.. When snow came it snowed black and red. I hope people are wrong about all of this, but if history is any guide....DEBT and GREED are going to demolish this place. Like George Soros mentioned in ACT II, the world economy is “eerily” reminiscent of the 1930s.

To: ChanceIs who wrote (134987)	6/15/2010 8:40:33 PM
From: Fugitive Pauper	Read Replies (1) \| Respond to of 206209

>>>This [erosion of the sea floor around the casing] is evidenced by the tilt of the blow out preventer<<< I have not viewed the ROV videos for some time - billowing oil is just not that entertaining after after a while - but this comment made me look again. And it's true, I think: to me, the BOP seems to have a definite list to port (when viewed from Skandi ROV 1) that I don't recall being present earlier. Do others see that too, or is it just my overdriven imagination? We hear a lot of end-of-the-world stuff from wackos and my first reaction is to dismiss the really cataclysmic stuff. But maybe this guy is right. Bad, bad stuff.