Wednesday, June 16, 2010

Just when you thought the Gulf gusher couldn't get any worse...

There is also indication that BP is presenting the public a Hollywood-like scenario of its operations on the sea floor. Engineering experts point out that the Cameron Blowout Preventer, the five-story tower which sits, or once sat, on the sea floor at the well outlet, was designed for a maximum pressure of 15,000 pounds per square inch (psi), while the explosion appears to trained observers to have produced pressures in excess of 30,000 psi. In that case, the blowout preventer would have been damaged beyond functionality. The device we see in the live video streams may be a second blowout preventer, which is getting its oil by piping from the main well, or a nearby production facility. The main well may be completely open, according to some industry insiders.

Hear that, Congress? Don't expect George Soros or Felix Rohatyn to tell you what to do on this one. They couldn't be happier with the current situation. Tell Obama to act like a real President or to go jump in the Gulf.