Friday, July 16, 2010

BP finally stops oil spewing from Gulf gusher

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"If the cap holds, if the sea floor doesn't crack and if the relief wells being prepared are completed successfully, this could be the beginning of the end for the spill. But that's a lot of ifs, and no one was declaring any sort of victory beyond the moment (...) President Barack Obama, who has encouraged, cajoled and outright ordered BP to stop the leak, called Thursday's development "a positive sign." But Obama, whose political standing has taken a hit because of the spill and accusations of government inaction, cautioned that "we're still in the testing phase."

"The worst-case scenario would be if the oil forced down into the bedrock ruptured the seafloor irreparably. Leaks deep in the well bore might also be found, which would mean that oil would continue to flow into the Gulf. And there's always the possiblity of another explosion, either from too much pressure or from a previously unknown unstable piece of piping." BP finally stops oil spewing from Gulf gusher by Colleen Long and Harry R. Weber - AP posted: 9:53 PM 07/15/10 DailyFinance

Related link: (Video) ROV films oil leak coming from rock cracks on seafloor. -