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16 May, 2010

Gulf Oil Leaks Could Gush for Years

Gulf Oil Leaks Could Gush for Years: "'We don't have any idea how to stop this,' expert says.

If efforts fail to cap the leaking Deepwater Horizon wellhead in the Gulf of Mexico, oil could gush for years—poisoning coastal habitats for decades, experts say...

... "We don't have any idea how to stop this," Simmons (Matthew Simmons, retired chair of the energy-industry investment banking firm Simmons & Company International) said of the Gulf leak. Some of the proposed strategies—such as temporarily plugging the leaking pipe with a jet of golf balls and other material—are a "joke," he added.

"We really are in unprecedented waters."

Gulf Oil Reservoir Bleeding Dry

If the oil can't be stopped, the underground reservoir may continue bleeding until it's dry, Simmons suggested..."


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