Saturday, May 01, 2010

Oil Spill a Catastrophe of Monumental Proportions: Is It Sabotage?

Oil Spill a Catastrophe of Monumental Proportions: Is It Sabotage?

As you might imagine, such an occurrence is an oil company’s worst nightmare, and there are fail-safe measures like you would not believe, to ensure that such a thing as what happened, never happens.
There are “deadman switches,” down-hole safety valves, “panic buttons.” and Blow Out Preventers (BOPs). (Source)

And yet obviously, something did happen.
What—and was it sabotage?
How could so many time-tested automatic back-ups fail, all at the same time?
What are the odds?

As Carl Franzen writes, the BOP, “the piece of offshore-rig equipment designed to be ‘a drilling operation’s last line of defense’ against leaks, failed miserably.”

Sabotage is not outside the realm of possibility when trillions of dollars are at stake.
The question to ask is:
With “climate-gate” throwing a wrench in the works of Cap and Trade, and the (potentially) extremely lucrative carbon-credit market about to go down the drain, were drastic measures taken? (Here and Here)

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