Gulf Oil Spill: The Sudden Death of Matt Simmons
August 9, 2010, 12:17 pm
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The Knox County Sheriff’s Department says Matthew Simmons, the founder of the Ocean Energy Institute, drowned at his house on North Haven late Sunday night.
[On July 26, 2010], in a subscription-only article entitled ‘Deepwater litigation has only just begun‘, the Insurance Insider discussed one of the many controversial statements by George W. Bush energy adviser Matt Simmons: “There isn’t enough money in the world to clean up the Gulf of Mexico,” said influential oil and gas analyst Matthew Simmons in June… Regarding Simmons’ statement, the publication wrote, “[It's] a comment that now looks to have more foresight and less hyperbole than originally intended.”
Oil Spill Conflict Of Interest: Matt Simmons Is Shorting At Least 8,000 BP Shares
After busy making several outrageous comments regarding BP and the Gulf oil spill as recent as last evening, Matt Simmons abruptly announced today that he would retire from the board of Simmons & Co.–the company he founded in 1974–effective June 30….You might recall in a Bloomberg interview on May 28, Matt Simmons endorsed the nuclear option as the only viable solution for the oil spill. later on, BP shares slid to a 14-year low, around the same time Fortune magazine (on June 9) quoted Simmons as saying BP had a month before it would file for bankruptcy. As recent as last evening in a CNBC interview (at around 6-minute mark) Simmons also intimated that the Gulf oil leak was at 120,000 bpd, instead of the official estimate of 60,000 bpd.
RELATED Gulf Coast Oil Spill Posts
Gulf of Mexico Disaster News Round-up: “Mission Accomplished” or a Continuing Catastrophe?
August 9, 2010, 5:59 am
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Jane Lubchenco, head of the National Oceanic and Atmospheric Administration, said much oil had been “biodegraded by naturally occurring bacteria”.
Suddenly BP’s oil disaster is getting an unusually high amount of positive publicity. Media reports are concluding that most of the oil has disappeared. The static kill has been successful at holding back the oil pressure, and the U.S. government issued a scientific report suggesting that 75 percent of the 4.9 million barrels of oil that gushed into the Gulf as been burned, dispersed or evaporated. But even if you assume that all of the dispersed oil has been degraded, there are still an estimated 1.3 million barrels out in the environment — five times the amount of oil released during the Exxon Valdez spill in 1989. People observing beaches in southern coastal states of Mississippi, Alabama, Louisiana and Florida say they are still covered with oil and Corexit 9500, the chemical dispersant BP sprayed to break up the oil and remove it from view. Vast areas of ocean that used to be abundant with sea life show little signs of life anywhere. Plastic bags full of dead sea birds and oil are filling landfills in the south. If millions of gallons of oil have evaporated, what are the consequences for the air quality in the Gulf? Residents have reported that in areas normally besieged by mosquitos, there is now little need for repellant. Despite the rosy reports suddenly filling the airways, damage still appears to be ongoing. There is still plenty of oil in the Gulf that cannot, and will not, be cleaned up, and that will continue to wreak damage on the environment and the economies of Gulf states.
Hiring prison labor is more than a way for BP to save money while cleaning up the biggest oil spill in history. By tapping into the inmate workforce, the company and its subcontractors get workers who are not only cheap but easily silenced—and they get lucrative tax write-offs in the process.
From environmentalists and wildlife specialists to fisherman and businessmen along the Gulf Coast the message is the same: BP is not only strangling the news of what is actually occurring in the Gulf of Mexico with the oil disaster but has co-opted key federal regulatory and oversight agencies to advance its agenda and that of its oil partners, including Halliburton, Anadarko, and Transocean…The EPA is also remaining mute on air quality reports from Venice that show that on May 7 hydrogen sulfide in the air was measured at 1192 parts per billion. Five parts per billion is considered hazardous to human health. In addition, the May 7 reports show that benzene levels in the air were measured at 5000 parts per billion, again in the health danger zone. Propylene glycol, a major component in Corexit 9500, is being measured in Gulf waters at 150 times its lethal concentration.
A total of 517,847 barrels of oil were dumped in region from 1964 to 2009, federal records show.
- Sales of shares and stocks in days and weeks beforehand
- Halliburton link, acquisition of cleanup company days before explosion
- BP report cites undocumented tampering with well sealing equipment
- Government uses disaster to push for Carbon Tax, Nationalization talk
Corexit News Round-up: Toxic Health Effects, Sinking Oil and Creation of New Problems
August 9, 2010, 5:53 am
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For quite some time, many bloggers and journalists following the BP-Corexit story, including me, have made the allegation that BP may have been experimenting by dumping over a million gallons of toxic dispersants into the ocean because they were desperately trying to prevent the oil from hitting the beaches.
Well, Corexit is one of a number of dispersants, that are toxic, that are used to atomize the oil and force it down the water column so that it’s invisible to the eye. In this case, these dispersants were used in massive quantities, almost two million gallons so far, to hide the magnitude of the spill and save BP money. And the government—both EPA, NOAA, etc.—have been sock puppets for BP in this cover-up. Now, by hiding the amount of spill, BP is saving hundreds of millions, if not billions, of dollars in fines, and so, from day one, there was tremendous economic incentive to use these dispersants to hide the magnitude of the gusher that’s been going on for almost three months…..
People who work near [Corexit] are hemorrhaging internally [but the] EPA now is taking the position that they really don’t know how dangerous it is, even though if you read the label, it tells you how dangerous it is.… for example, in the Exxon Valdez case, people who worked with dispersants, most of them are dead now. The average death age is around fifty. It’s very dangerous, and it’s an economic—it’s an economic protector of BP, not an environmental protector of the public.
BP has dumped almost two million gallons of dispersants from Nalco in the Gulf of Mexico that is disguising the extent of the Deepwater spill and the inability of existing technology to mitigate the disaster. Even if BP eventually staunches the hemorrhage of oil, devastating toxins will linger for decades.
For example, in one approval request, one of BP’s top executives, Doug Suttles, claimed that the maximum daily application of dispersants on the surface in the days preceding June 16, 2010 was 3,360 gallons on June 12. However, an examination of the dispersant totals BP provided to congressional staff in its daily “Gulf of Mexico Oil Spill Response Updates” indicates that on June 11, BP said it applied 14,305 gallons of the chemical on the surface; on June 13, 36,000 gallons; and on June 14, 10,706 gallons.
According to publicly disclosed amounts on DeepwaterHorizonResponse.com, more than 1.8 million gallons of toxic dispersants were used to break up the oil as it came out of the well, as well as after it reached the ocean surface. The validity of those numbers are now in question.
“It’s a lot thicker then you see on TV. It’s a lot worse. It’s everywhere. The smell is outrageous. People (were) getting sick all the time. They don’t really tell you what it is, why people are getting sick, but they were MedEvac-ing people left and right,” Bourgeois said. “I have personally dealt with headaches and feeling bad. It’s a lot different then what you see sitting at the house.”
The combination of millions of gallons of oil and dispersants has made large areas of the Gulf toxic and dangerous, marine toxicologist Ricki Ott saying if she lived there with children she’d leave – based on her firsthand experience after the 1989 Prince William Sound, Alaska Exxon Valdez disaster and subsequent research, documented in her books titled, “Sound Truth and Corporate Myth$: The Legacy of the Exxon Valdez Oil Spill” and “Not One Drop – Betrayal and Courage in the Wake of the Exxon Valdez Oil Spill.”
Ongoing today, the legacy includes criminal negligence, bankruptcies, destroyed lives and livelihoods, domestic violence, severe anxiety, trauma, PTSD, drug and alcohol abuse, serious illnesses, suicides, massive loss of plant and wildlife, and vast ecological destruction from the 30 million or more gallons spilled, the State of Alaska’s conservative estimate, not Exxon’s 11 million figure, its lowball claim to hide the disaster’s magnitude and minimize its liability.
The Gulf catastrophe is infinitely greater, estimates up to three or more Exxon Valdez incidents (using Exxon’s figure) a week until capped. Yet some experts think another seabed hole (a few miles from the Macondo well) is emitting 100,000 or more barrels daily, greatly compounding the growing disaster, added to more by numerous small leaks, five or more alone in BP’s Macondo well – the “well from hell,” according to some.