Friday, October 29, 2010

Of Course They Did.

Letter: BP, Halliburton knew of flaws in cement in Gulf oil spill well. Friggin' ridiculous excerpts in italics:

Oil giant BP and contractor Halliburton knew of potential flaws in the cement slurry used to reinforce the oil well below the Deepwater Horizon rig before it exploded in April, according to a letter Thursday from the lead investigator for a federal probe of the Gulf oil disaster.

The letter from Fred Bartlit Jr. to the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling said that tests in February on a cement slurry similar to what was used on the Macondo well showed instability -- and that both companies had the data.
..
"Halliburton and BP both had results in March showing that a very similar foam slurry design to the one actually pumped at the Macondo well would be unstable, but neither acted upon that data," the letter said."

"Halliburton (and perhaps BP) should have considered redesigning the foam slurry before pumping it at the Macondo well," the letter continued.

The news caused Halliburton stock to drop in value by almost 8 percent by the end of trading Thursday, to $3
1.68 a share. U.S. Rep. Edward Markey, D-Massachusetts, called for the oil spill commission to get full subpoena power, and for BP CEO Bob Dudley to agree to testify before Congress.

"The fact that BP and Halliburton knew this cement job could fail only solidifies their liability and responsibility for this disaster," Markey said in a written statement. "This is like building a car when you know the brakes could fail, but you sell the cars anyway."

Hey look! The perfect example of the failure of Government de-regulation regarding corporate safety practices, and all it took was a catastrophic environmental disaster that is far from over, far from "capped." Rather, the consequences of this disaster are just beginning to bloom. And there are no doubts this fruit will be poisonous..

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