Five weeks later and the oil spill in the Gulf of Mexico is getting worse. At the same time; clean up efforts have barely begun. This is a man made environmental disaster that thwarts all others in its likely implications. Serious questions are now being asked by many Americans. Not that any answers are likely to make any difference to the dreaded facts. All attempts by BP so far to cap the oil flow have met with few hard results. The latest attempt to blow debris into the well head directly is thus far not meeting expectations. There is a risk that it could be making things much worse.
Vast quantities of Oil and gas continue to flow with some pressure to the surface of the sea floor without undue hindrance. As you can imagine, 5 weeks without due hindrance means that one heck of a lot of oil and gas have escaped to the surface. This is estimated between (BP) 5000 and (Oil Volume Experts) 70000 plus barrels of oil each and every day.
Highly toxic dispersant s may have broken down some of the oil to prevent it from floating to the surface so easily, but it appears that the dispersant s in use are highly classified. They are relatively untested, and never tested in such large quantities as have been used thus far. One thing you can guarantee though. They are bound to be deadly toxic to many species. (much like the oil they are dispersing)
As for the notion of using boons to halt the advance of any oil that may make its way to the shore via the ocean surface; it is not working. It would appear that the effective staff training on competent boon use by BP was highly exaggerated. (much like BP's impressive safety record)
For anyone still holding shares in BP, now could be a good time to sell. The likely costs associated with this mess simply boggle the mind. All these mounting costs are directly the responsibility of BP.
The implications are vast and also boggle the mind. Where now is all this oil going to be found now that deep sea oil is proving so hazardous? (assuming we still need vast quantities of oil to help run our economies)
Friday, May 28, 2010
Thursday, May 27, 2010
risk management
I may be speaking out of turn here, but this is definitely something to ponder.
It would appear from recent events that responsible risk management seems to be a difficult subject for banks to master.
As for the giant oil spill in the Gulf of Mexico. A disaster such as this could theoretically never happen.
Who exactly is in charge of this risk assessment process? I only ask this question because whoever is in charge. These people need to be fired...(or at least demoted)
The dreaded truth is that only a small minority are really that interested in politics. The rest think it is kind of cool to pass on this subject and talk about something else.
The bottom line is that these people who choose to be ignorant about politics are only slightly more evolved than sheep. The world is the way it is because of politicians and the sad fact is that we elected them there.
We only have ourselves to blame for the way things are turning out.
It would appear from recent events that responsible risk management seems to be a difficult subject for banks to master.
As for the giant oil spill in the Gulf of Mexico. A disaster such as this could theoretically never happen.
Who exactly is in charge of this risk assessment process? I only ask this question because whoever is in charge. These people need to be fired...(or at least demoted)
The dreaded truth is that only a small minority are really that interested in politics. The rest think it is kind of cool to pass on this subject and talk about something else.
The bottom line is that these people who choose to be ignorant about politics are only slightly more evolved than sheep. The world is the way it is because of politicians and the sad fact is that we elected them there.
We only have ourselves to blame for the way things are turning out.
Friday, May 21, 2010
disillusionment
Disillusionment is a common phenomenon on the path towards enlightenment. At least it seems that way from many Eastern scriptures. The same story is repeated over and over again. One day a king or noble person is awakened by being exposed to higher teachings. They begin to question their existence and their own personal identification with their current worldly body and worldly experiences. They start to renounce the world and the current roles expected of them by society.
After a period of time they lose this disillusionment after having become awakened again.
Alas these Eastern scriptures were written a long time ago. We have few kings today and perhaps less noble men. Disillusionment may be a relatively common phenomenon in modern time, but enlightenment?
No doubt there is no shortage of volunteers to put their hands up as qualified for the position, but perhaps the real state of enlightenment can only be imagined today. Perhaps this is a sad fact for the 21st century. All enlightened people that have inhabited this planet are now no longer physically with us.
That leaves those seeking enlightenment or peace of mind in a rather difficult predicament. Who are you going to follow? I guess this all depends on who you can trust. Politicians seem as unlikely a candidate as priests at the moment. You certainly wouldn’t trust guarantee’s by some large oil companies. I guess that leaves green movements who at least have the planets long term interests at heart.
After a period of time they lose this disillusionment after having become awakened again.
Alas these Eastern scriptures were written a long time ago. We have few kings today and perhaps less noble men. Disillusionment may be a relatively common phenomenon in modern time, but enlightenment?
No doubt there is no shortage of volunteers to put their hands up as qualified for the position, but perhaps the real state of enlightenment can only be imagined today. Perhaps this is a sad fact for the 21st century. All enlightened people that have inhabited this planet are now no longer physically with us.
That leaves those seeking enlightenment or peace of mind in a rather difficult predicament. Who are you going to follow? I guess this all depends on who you can trust. Politicians seem as unlikely a candidate as priests at the moment. You certainly wouldn’t trust guarantee’s by some large oil companies. I guess that leaves green movements who at least have the planets long term interests at heart.
Tuesday, May 11, 2010
Eyjafjallajökull Volcanic Eruption
Check out this SlideShare Presentation:
Eyjafjallajökull Volcanic Eruption
View more presentations from Ian McDowell.
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