AP INVESTIGATION: Blowout preventers known to fail (AP)
+ Reply to Thread
Results 1 to 4 of 4

  1. #1
    Administrator
    Join Date
    Mar 2009
    Location
    Denver &...
    Posts
    7,358

    Default AP INVESTIGATION: Blowout preventers known to fail (AP)

    AP - Cutoff valves like the one that failed to stop the Gulf of Mexico oil disaster have repeatedly broken down at other wells in the years since federal regulators weakened testing requirements, according to an Associated Press investigation.




    More...

  2. #2
    Moderator
    Join Date
    Apr 2010
    Posts
    948

    Default

    It's the same old story of corrupted politicians letting safety standards slide in favor of short term corporate savings, but resulting in long term multi-million dollar losses, in this case billions. Apparently, the "blow-out protector" needed regular maintainance, but that isn't possible a mile down under the sea. So, without maintainance, the huge machine failed -- and all the responsible parties knew the risk, but did nothing. Money talks and safety walks.

  3. #3
    Administrator
    Join Date
    Mar 2009
    Location
    Denver &...
    Posts
    7,358

    Default

    I concur that the typical emphasis on short term gain at the expense of long the term impact is unfortunate.

  4. #4
    Moderator
    Join Date
    Apr 2010
    Posts
    948

    Default

    If the entire Gulf of Mexico and part of the Atlantic Ocean are polluted by this oil spill, further off shore drilling will probably be banned, which could cause a shortage of oil as the Worlwide demand grows, so then the price would rise. Wouldn't it be bizarre if this whole episode was instigated to hike the price of oil?!

+ Reply to Thread

AP INVESTIGATION: Blowout preventers known to fail (AP)

Green Forum Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

     

Similar Green Forum Threads

  1. APNewsBreak: Feds to examine blowout preventers (AP)
    By Cass in forum Green News & Informative Articles
    Replies: 0
    Last Post: 05-07-2010, 02:17 PM
  2. Spanish Solar-Panel Trade Group Calls for Fraud Investigation
    By Jonesy in forum Green News & Informative Articles
    Replies: 0
    Last Post: 05-05-2010, 02:07 PM
  3. Oil blowout device maker has $500M for liability (AP)
    By Cass in forum Green News & Informative Articles
    Replies: 1
    Last Post: 05-03-2010, 01:06 PM
  4. Investigation questions Prius driver's story: report (Reuters)
    By Cass in forum Green News & Informative Articles
    Replies: 0
    Last Post: 03-14-2010, 07:53 PM

Green Forum Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
AP INVESTIGATION: Blowout preventers known to fail (AP)

Search Engine Friendly URLs by vBSEO

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59