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Done!
2010 Jun 27, 3:09pm
The US made it through the Campeche Bay Ixtoc I oil spill.
Though in retrospect I wonder if the Acid rain of the early eighties were the result of the Oil spill, though there were plenty of toxic chemical plants and DDT pesticides that contributed to that.
Oil has been spilling since long before man or man started drilling. Mother nature is pretty good at dealing with it's own waste. The problem is when we take that waste and make it more toxic.
I'm more disappointed in how two world powers crumble when given real adversity they can't create a UN sanction to resolve with brute force.
Algae and bacteria is going to eat the some of the Oil the rest is going to reach the beach were if turn into tar and eventually sand will cover. Only 8% of the Valdeeze and the Ixtoc spill were recovered. Where did all of that Oil go.
Red Tides perhaps.
elliemae
2010 Jun 27, 3:11pm
I'm not sure how... if the doomsday scenario were to play out, it's doubtful that there would be enough money to bail out the bubble areas.
Besides, I can't see someone who lived along the East Coast moving to the balmy 110 degrees of Phoenix & Vegas. They'd dry up and shrivel (those Housewives silicone breasts would evaporate!).
The spill is unbelievable, and only getting worse. It's devastating the gulf coast and killing all sorts of critters along the way. Something's gotta fix this soon...
Shiller
2010 Jun 27, 3:13pm
The BP spill can be as high as 2.5 million barrels of raw oil per day. 1 week of oil gushing is equivalent an Exxon Valdez spill. On top of that, BP is adding tons of corexit which is 5 times more toxic than the oil itself. From what I am hearing, they can not stop this leak. It can go on for years.
Shiller
2010 Jun 27, 4:41pm
The amount of oil released into the Gulf so far might fill 1/7th of the Astro Dome. This spill will NOT displace all the water with pure oil any time soon.
Where did you hear this?
2.5 million gallons per day:
http://www.nytimes.com/2010/06/16/us/16spill.html
Done!
2010 Jun 28, 11:40pm
"On top of that, BP is adding tons of corexit which is 5 times more toxic than the oil itself. "
That's the part that bothers the hell out of me, so the Gulf coast would have Asphalt beaches, that's better than turtles with Three heads. Asphalt can be collected and used.
HousingWatcher
2010 Jun 29, 3:05am
"If this disaster gets as bad as I hear it will and leads to massive evacuations, do you think this will help the Western part of the US housing market recover?"
No, because many eastern states are so contaminated that the oil would be an improvement!
inflection point
2010 Jun 29, 7:31am
Perhaps the gulf coast looks fine from Obama's hosue in the DC.
Shiller
2010 Jun 30, 5:58am
Hope this is not true.
http://www.youtube.com/watch?v=T4auDcBBJ1Q&playnext_from=QL&playnext=1
inflection point
2010 Jun 30, 9:51am
Highly doubtful. If they were going to evacuate people why not send them to texas.
This BP oil spill is getting out of control. There are reports that the Gulf now contain highly toxic chemicals (corexit, etc.) that will force many people to evacuate the Eastern side of the North American continent. As you know, hurricanes usually passes through the Gulf and up the East coast up to NY and Canada. This can possibly lead to total destruction if toxic rain is dumped all along the East coast.
If this disaster gets as bad as I hear it will and leads to massive evacuations, do you think this will help the Western part of the US housing market recover?
#housing