http://news.yahoo.com/s/ap/us_gulf_oil_spill;_ylt=AihedCr1bCoiZviZRpUAx8Cs0NUE;_ylu=X3oDMTNoY3JtbTFxBGFzc2V0A2FwLzIwMTAwNzE1L3VzX2d1bGZfb2lsX3NwaWxsBGNjb2RlA21vc3Rwb3B1bGFyBGNwb3MDMgRwb3MDNwRwdANob21lX2Nva2UEc2VjA3luX3RvcF9zdG9yeQRzbGsDYnBub29pbGxlYWtp

Bout time yo.

7/15/2010 4:02:50 PM

I'm happy with it.

BP options plays FTW.

7/15/2010 4:03:33 PM

Thank goodness they got their in time

also maybe time to buy some BP stock and sell it back tomorrow, sure its got to go up a little with this move, and its got to be cheap right now

[Edited on July 15, 2010 at 4:05 PM. Reason : $$]

7/15/2010 4:03:59 PM

good.

but what is obama gonna bitch about now?

7/15/2010 4:04:10 PM

does this mean i can start buying bp gas again without being judged?

7/15/2010 4:04:21 PM

Screenshot or it didn't happen

7/15/2010 4:04:24 PM

link to the feed or it didnt happen

7/15/2010 4:04:48 PM

http://news.yahoo.com/video/us-15749625/20892893

[Edited on July 15, 2010 at 4:06 PM. Reason : It's real yo]

7/15/2010 4:05:24 PM

I jizzed

7/15/2010 4:05:59 PM

haha, BP stock is rising

 BP    	38.84  	+2.66

7/15/2010 4:06:02 PM

Does this mean no more cute pictures of oil covered waterfowl and dolphins?

7/15/2010 4:06:07 PM

Great.

Now we can focus on the clean-up and suing them out of business.

7/15/2010 4:07:22 PM

7/15/2010 4:07:42 PM

^^ LOL! Yeah. Right.

[Edited on July 15, 2010 at 4:08 PM. Reason : .]

7/15/2010 4:08:22 PM

Quote :

"I can honestly say, with calm and rational objectivity, that BP should be put out of business, and its executives jailed for life. Argue if you want -- but this is what should happen, and nothing less. If Tony Hayward was crossing the street, not only would I not brake, I would run him down, get out of the car, beat him until he was dead, rip out his heart, and burn off his face. Again, this is calm and rational objectivity. You don't want to see me mad."

-indy
6/4/2010

I'll say it again:

"Haha. Shutup."

7/15/2010 4:12:54 PM

So what took them so long.
Still not going there.

7/15/2010 4:13:08 PM

ill be going down there this weekend

will report back

ok yeah i wont

7/15/2010 4:14:00 PM

well that was quick

great work everybody

7/15/2010 4:15:47 PM

where do I go to buy stock instantaneously?

7/15/2010 4:18:40 PM

Ten thousand people in a day trading room just hit buy at once.

7/15/2010 4:19:59 PM

^^ The Stock Market.
It's at Streets of Southpoint right by the Apple store.

[Edited on July 15, 2010 at 4:20 PM. Reason : l]

7/15/2010 4:20:16 PM

Thank goodness! Just thinking of all that good useful oil that went to waste makes me want to cry. Hopefully they can rebuild the rig quickly and get it up and running without too much trouble.

7/15/2010 5:23:27 PM

I've yet to understand why we needed to "plug the damn hole." I mean, we drill for oil, right? And oil is/was flowing at an intense rate out of this well, right? Siphon it, sell it, profit.

Of course, if we're just talking about stopping the oil from leaking into the ocean, that's a different matter. And BP should be held accountable for any wrongdoing, but the company needs to keep selling its oil to be helpful to anyone on a long-term basis.

7/15/2010 6:02:00 PM

That's why they're the engineers and you're the guy who makes fun of engineers on the internet.

7/15/2010 6:02:38 PM

Siphoning fresh water from salt water is difficult enough, I'd imagine siphoning oil from contaminated water is just as difficult.

7/15/2010 6:04:05 PM

^^ Engineers? You mean, engineers who have been involved in one way or another in just about every technological catastrophe since modern engineering began?

PS: Shut up.

7/15/2010 6:27:00 PM

^ Yet, because of them, we're able to actually take the step forwards to be able to put ourselves in position to have such catastrophes.

7/15/2010 6:28:55 PM

Quote :

"^^ Engineers? You mean, engineers who have been involved in one way or another in just about every technological catastrophe since modern engineering began? PS: Shut up."

my brain hurts now.

7/15/2010 6:31:26 PM

^

Plus

Quote :

"Siphoning fresh water from salt water is difficult enough, I'd imagine siphoning oil from contaminated water is just as difficult."

Makes me kinda but I suppose its understandable

7/15/2010 6:34:36 PM

^^^ It's a fair point. I was simply suggesting that engineers are not demigods as some here seem to think.

We need the dreamers, too. Someone has to dream it up before the engineers can build it--and then someone has to maintain it, and someone has to secure it, and someone has to administer it, and someone has to legally defend it, and so on. You see? It takes all kinds to make projects work and the world to go around.

^^ Why, because you tried critical thinking for the first time?


[Edited on July 15, 2010 at 6:42 PM. Reason : PS: They've been siphoning the oil for sometime now, folks. FYI. ]

7/15/2010 6:35:11 PM

[Edited on July 15, 2010 at 6:37 PM. Reason : ]

7/15/2010 6:37:12 PM

bp doesn't plan for this to last more than 48 hours, you know?

7/15/2010 11:58:05 PM

nor does your mom

7/15/2010 11:58:44 PM

I heard they put a wedding band on it and it stopped putting out.

7/16/2010 9:21:58 AM

Gusher stops; BP might still have to siphon oil
Testing blocks leak completely, but don't be surprised if oil flows again

Quote :

"But National Incident Commander Thad Allen issued a statement later in the day, deeming it 'likely' that "we will return to the containment process using this new stacking cap connected to the risers to attempt to collect up to 80,000 barrels of oil per day until the relief well is completed."

http://www.msnbc.msn.com/id/38255728/ns/disaster_in_the_gulf

I swear I had no prior knowledge of this. All I did was think--you don't have to be an engineer to do that or to pwn Internet buffoons.

80,000 (possible barrels oil/day) x $75.80 (current oil price/barrel) = $6,064,000 (possible sales total/day)

$6,064,000 x 30 days = $181,920,000

7/17/2010 7:12:12 AM

Leon is obviously not a pro at short links

7/17/2010 7:47:28 AM

Quote :

"I've yet to understand why we needed to "plug the damn hole." I mean, we drill for oil, right? And oil is/was flowing at an intense rate out of this well, right? Siphon it, sell it, profit."

I'd suggest you read up about this well but that might be a little too engineer-y for you?

The Deepwater Horizon was an exploratory rig. It found the oil and was capping it so that later on a production rig could come back and produce the well. I don't know for sure, but as this is in deep water its possible they wouldn't come back to this well until the price of oil was even higher as it certainly cost more to produce a deepwater well.

The problem now is the casing buried into the earth is possibly damaged from the explosion so any attempts to produce it could result into a full blown blowout with the BOP sinking into the earth and what is left would be a fully uncontrolled gusher. The current stopping of the flow was to check the pressure and it's good but not good enough that they can say with certainty that the bore isn't damaged. At this point it could be seeping out somewhere into the earth or the well could have spewed so much oil that it has deflated some. Honestly, I'm not entirely sure what the point of checking the pressure was unless these assholes think they can somehow salvage this operation. The blogosphere thinks this was nothing more than a political stunt.

The relief well will intersect the current bore but they'd still have no way of knowing where along the string the well is damaged if that is the case. So, the safest thing for everyone is to intersect it and then pump concrete into it all the way to the bottom, sealing the initial bore in forever.

7/17/2010 7:48:23 AM

^ This told me nothing new. In any event, in the meantime, officials will "likely" be siphoning "up to 80,000 barrels of oil per day"--and about "34.3 million gallons" has already been collected just since May.

And I realize that you don't fully grasp public policy and politics, Chance, but here's yet another incentive to keep siphoning the well:

Feds: BP must pay royalties on oil from Gulf spill
July 15, 2010

Quote :

"The government says BP will be required to pay royalties for oil collected from its blown-out deepsea well."

Quote :

"The Interior Department said those sales also would be subject to a fee of 18.75 percent of the revenue. And BP would be responsible for paying additional fees if it violated federal law."

http://www.businessweek.com/ap/financialnews/D9GVNFI03.htm

[Edited on July 17, 2010 at 8:06 AM. Reason : We can't very well collect royalties on oil that isn't being sold, now can we?]

7/17/2010 8:03:15 AM

^ I have no idea what point you're even trying to make. You posed this quandry

Quote :

"I've yet to understand why we needed to "plug the damn hole.""

I gave you the explanation, then you said it was nothing new. Impossible.

The hole has to be plugged because the integrity of the well is in question. I'm not quite sure what is hard to understand about that.

7/17/2010 8:38:12 AM