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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (78364)	6/16/2010 3:02:18 PM
From: Wharf Rat	Read Replies (3) \| Respond to of 149317

Matt Simmons Revises Leak Estimate To 120,000 Barrels Per Day, (ties the world record, btw...well, there ya go; if that ain't a tourist attraction, I don't know what is) Believes Oil Covers 40% Of Gulf Beneath The Surface Matt Simmons was on Bloomberg earlier, adding some additional perspective to his original appearance on the station, in which he initially endorsed the nuclear option as the only viable way to resolve the oil spill. Simmons refutes even the latest oil spill estimate of 45,000-60,000 barrels per day, and in quoting research by the Thomas Jefferson research vessel which was compiled late on Sunday, quantifies the leak at 120,000 bpd. What is scarier is that according to the Jefferson the oil lake underneath the surface of the water could be covering up to 40% of the entire Gulf of Mexico. beforeitsnews.com. -------------- Simmons is reporting the Jefferson found this "lake" was 300 to 400 meters thick. Colorado Bob on June 16, 2010 - 1:08am [new] kalliergo on June 16, 2010 - 2:18am Let's see: The Gulf of Mexico has an area of about 1.6 million square kilometers. Let's say half of that is deep enough to be "the Gulf" in terms of Matt's assertion: 800,000 km^2 40% of that is 320,000 km^2 (320 billion square meters-thousand million for Brits and others) Multiply by the depth you accept (300, 400, whatever) to get the volume of the lake in cubic meters. There are about 6.3 barrels of oil per cubic meter. The good news is that the EPA fines will be so large that we'll be able to repeal the income tax. [new] densely on June 16, 2010 - 2:54am If the lake of oil is 100 meters deep this pencils out to 200 trillion barrels. Forget about the fines. Stick a straw into it and it'll run the whole planet for centuries. [new] oilfield brat on June 16, 2010 - 3:49am At 133 meters deep it's a bit more than the total proven reserves of Saudi Arabia. theoildrum.com == The largest known 'wildcat' oil gusher blew near Qom, Iran on August 26, 1956. The uncontrolled oil gushed to a height of 52 m (170 ft), at a rate of 120,000 barrels per day. The gusher was closed after 90 days' work by Bagher Mostofi and Myron Kinley (USA).[14 wiki