I just watched the President of the United States (POTUS) sit in the oval office of the White House and attempt to calm and reassure the citizenry of these united States that he is in charge and he will hold BP’s feet to the fire and get the leaking well capped, clean up and restore the shoreline and compensate the people and businesses of the Gulf of Mexico and make them whole. POTUS intends to have BP put a huge sum ($20 Billion is the amount being bandied about) into an escrow account for payment of Gulf Region claims. POTUS also said that he is going to seat a special task force to fully investigate the safety of ALL oil rigs BEFORE any drilling can continue in the Gulf. In effect POTUS wants BP to pay for his moratorium on drilling. This is just CRAZY and BP will never agree to put that much of their money under the control of an independent third party to be doled out without any say so.
The best and brightest scientists have re-looked at all the pertinent data and revised the estimation of the amount of oil flowing into the Gulf from 12,000 – 19,000 barrels/day to 35,000 – 60,000 barrels/day. If this new estimate is correct, then there has been between 1,995,000 – 3,420,000 barrels of oil have spilled into the Gulf since April 20th. This is an increable amount of oil and if BP can’t get its act together and recover the 90% POTUS is expecting them to recover, the Gulf Coast will be gone.
What happens if a Hurricane hits? The Gulf Coast will be gone.
Where will the people who live in coastal Texas, Mississippi, Louisiana, Alabama and Florida go if a Hurricane hits?
There are reports on the internet (remember, trust but verify) that blocks of hotel rooms have been reserved for federal government credit card holders at every hotel along the Gulf coast in each affected State. There are also reports of UN vehicles being stored at airfields, foreign troops massing at the military bases that were shut down by the Bush (the son) administration and FEMA camps being readied for the imminent influx of people.
Hold on folks, its going to be a bumpy ride.
Thanks for your attention.