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“The BP oil spill has laid bare fundamental shortcomings in the oil and gas...

“The BP oil spill has laid bare fundamental shortcomings in the oil and gas industry’s ability to prevent and stop catastrophic blowouts,” says Interior Secretary Ken Salazar, and offshore drillers will now have to provide well-blowout scenarios when applying for permits.
Comments (7)
  • Dan in mpls
    , contributor
    Comments (244) | Send Message
     
    That was a brilliant revelation that I'm sure had occurred to no one else. Do their guys just like to hear themselves speak? Would Salazar have had any idea what this safety plan should have looked like before the accident? Now everyone is an expert. If I had to guess, every other oil company is reviewing their oil rig safety as we speak because none of them are in the mood to take a multi billion dollar hit on a mishap. For the most part, the problem is solved.
    20 Jun 2010, 07:01 PM Reply Like
  • Yeti
    , contributor
    Comments (55) | Send Message
     
    It is more than abundantly clear the empty suit in the White House and the collection of clowns around him have not the slightest idea how to act in this emergency. They simply have no clue what executives do so they do the political thing – find people to blame.

     

    There are two fundamental issues:

     

    1. stopping the flow –oil companies and technical experts,
    2. cleaning up – everyone who can make a contribution.

     

    The big zerO is doing nothing to address either issue (I guess nothing has shown up on his teleprompter)

     

    This is a national, even international, emergency. It needs a serious organized effort. Put someone with clear senior executive experience in the oil patch and deep technical support in charge of the effort to stop the flow. Put someone with serious executive experience in disaster management in charge of the cleanup. Give them both the authority to acquire whatever and whoever they need to get the jobs done. Solicit ideas, money, equipment, and labor from everyone. Tap the oil industry, engineering companies, environmental groups, National Guard troops, university talent, colleges students, ROTC students, Boy and Girl Scouts – everyone. Keep the nation informed – communications should look like the Cheney, Powell, Schwarzkopf daily Desert Storm briefings.
    20 Jun 2010, 08:17 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    It's my impression that the oil and gas industry does not have any limited ability to prevent catastrophic blowouts.

     

    The problem is that the industry is full of human beings who, because they are human, take short-cuts and do not make use of their full abilities.

     

    But that's what regulation and enforcement is for.

     

    This oil spill is the direct result of regulatory enforcement failure. Due to regulatory capture by the industry itself.

     

    It ain't rocket science. But it does take some guts which are sorely lacking in both bought and paid-for parties.
    20 Jun 2010, 09:33 PM Reply Like
  • Stone Fox Capital
    , contributor
    Comments (6887) | Send Message
     
    its governments job to ensure that catastrophe's don't happen. Did they honestly not ensure a tested plan existed for stopping such a spill? Maybe BP cut corners on this and other wells, but its very clear that the industry and regulators as a hole have no solution for the problem. Everybody is lucky that this happened to BP first.
    20 Jun 2010, 09:52 PM Reply Like
  • Leftfield
    , contributor
    Comments (3903) | Send Message
     
    I heard on a CNN feature that the emergency plan submitted by BP and accepted by the EPA contained the promise to aid walruses and seals in case of an accident. No one noticed the rarity of those species in the Gulf. It listed a contact person dead for 4 years and another one at the University of Miami who hasn't been there since 1992.

     

    The well design lacked basic backup protection required in wells operating in any other nation. I would check EPA computers to make sure they weren't watching as much porn as the SEC.
    20 Jun 2010, 11:19 PM Reply Like
  • Speakeasy
    , contributor
    Comments (414) | Send Message
     
    Where has the US Navy been the past 60 days? Why haven't they been engaged? And why should we begrudge Hayward for yachting and not Obama & Biden for playing golf?
    20 Jun 2010, 11:26 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    The contingency plans were given to the government and they were approved by the government. Permit's were issued for the wells. Everything the government wanted to know about the wells would have been provided in order to get the permits.

     

    The central role of government is protect from this kind of situation. If it was unexpected equipment failure then we all have to participate, if it was human failure (from operations) then BP should fund it all, if it was a failure of design then both BP and the government are at fault. Right now, its looking like the later, but the government is in full "blame the other guy" mode and the full extent of the corrupt media will be used to get the government out from under any blame.

     

    But the facts are clear, we do not expect BP to look our for our (American) interests, we DO expect the government to look our for our interests. In this way, the Government has fundamentally failed. Who are we going to hold accountable in the government?
    21 Jun 2010, 08:35 AM Reply Like
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