Wednesday, June 16, 2010

In Deep Water

IN DEEP WATER

What we are not being told about the disaster in the Gulf is downright scary. Consider that we were originally told the “spill” was only 1000 to 5000 barrels per day (BPD), now we get the revised leak rate at 60,000 BPD, yet BP claims they will bring in enough new shipping to capture 80,000 BPD by mid July! How is that possible if the current leak is only 60,000 BPD? Answer: The current leak is obviously greater than reported, even after these latest upward “revisions.”

In early May I reported that BP would have never invested the millions required to drill such a well if they could not produce upwards of 100,000 and preferably 200,000 BPD. I still hold that these numbers are closer to the real leak rate. And if the speculations of many independent analysts and informed Netizens concerning the seabed are true, this disaster may be beyond our power to stop.

FULL ARTICLE HERE