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BP Oil Spill Controversy Still On
The discontent of the general population has been ventilated through Cherri Foytlin .She is very much disappointed at the way the National Oil Spill Commission has carried out activities which seem to have no direct link with the general mass. Her frustration circles around the failure of the administrative bodies to realize that the worst sufferer of this natural catastrophe is the common man and not large companies like BP or Exxon.
Meanwhile, according to Thad Allen, the national commander of the oil spill response, the pressure testing has begun from Tuesday morning. On Monday, BP technicians took the aid of robotic hands for installing a new 150,000 pound sealing-valve atop the blown out Macondo well. The ultimate aim behind this is to cap the well and end the gulf oil spill. However, this does not conform anything, like BP’s previous steps. All, now depends on the extent of the damage of the well casing, caused by the billowing of oil and gas in the April 20 blowout that had led to the destruction of the Deepwater Horizon drilling rig and started the spill.
BP is insisting that if oil collection becomes necessary at any point of time, it has more disposable resources in it’s armory.
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By mmanish on Business News | Tuesday July 13, 2010 10:25 am
The uncertainties over the BP oil spill over the Gulf of Mexico seem to be going on for eternity. After all the chaos and the federal intervention, a new step has been taken by the US government. The U.S. Interior Department has issued a new moratorium regarding the deepwater drillings. The moratorium, which has been stated to be in effect through November 30, has already aroused discontent in certain section of the American population.The discontent of the general population has been ventilated through Cherri Foytlin .She is very much disappointed at the way the National Oil Spill Commission has carried out activities which seem to have no direct link with the general mass. Her frustration circles around the failure of the administrative bodies to realize that the worst sufferer of this natural catastrophe is the common man and not large companies like BP or Exxon.
Meanwhile, according to Thad Allen, the national commander of the oil spill response, the pressure testing has begun from Tuesday morning. On Monday, BP technicians took the aid of robotic hands for installing a new 150,000 pound sealing-valve atop the blown out Macondo well. The ultimate aim behind this is to cap the well and end the gulf oil spill. However, this does not conform anything, like BP’s previous steps. All, now depends on the extent of the damage of the well casing, caused by the billowing of oil and gas in the April 20 blowout that had led to the destruction of the Deepwater Horizon drilling rig and started the spill.
BP is insisting that if oil collection becomes necessary at any point of time, it has more disposable resources in it’s armory.
ABOUT theOTCmarket.com:
TheOTCMarket.com
(THEOTCM) is an investor-oriented resource centre offering relevant news and
information vital to investors (individuals and firms) in the financial
sector. It provides independent, unbiased and a comprehensive overview of
any new development and trends in the investor and financial market. We also
provide in-depth analysis, research, insights and similar resources online.
TheOTCmarket.com
offers Stock Newsletter on various hot stocks of the day.
We also offer a news alert service on twitter by following our twits at
http://twitter.com/theOTCmarket
We publish daily news in the form of our Market Snapshot and also provide
daily Hot Stocks for its visitors. Additional attractions for investors and
financial institutions are offered in the form of stock alerts, newsletters
and other forms of subscribed information.
You can become leader in stock market by keeping track of the daily
activity.
Disclaimer:
THEOTCM
electronically disseminates information (the "Information") on its websites,
in newsletters, featured reports, spam compliant double-opt in email
communications or otherwise pertaining to Featured Stocks' (the "Issuer" or
"Issuers" or "Featured Stock" or "Featured Stocks"), the securities of which
are most frequently common stock shares quoted on the Over the Counter
Bulletin Board ("OTCBB") or Pink Sheets. The Information is based on
publicly available information, such as quarterly (with unaudited financial
statements) and annual reports (with audited financial statements) filed
with the Securities and Exchange Commission ("SEC"), quarterly and annual
unaudited financial reports and Information and Disclosure Statements filed
with the Pink Sheets, the Issuer's website and information obtained through
search engines such as Yahoo Finance, Market Watch, PRnewswire, StockHouse,
StockWatch, OTCmarket and Business Wire. We synthesize the Information from
these informational sources for our Readers as a starting point for further
inquiry into the Issuer and its securities.
THEOTCM is not a registered investment advisor or registered securities
broker dealer and the Information should not be construed in any manner,
shape or form as investment advice, investment recommendations or opinions
or viewpoints regarding the Profiled Company or its securities or as a
solicitation to offer, purchase or sell the Profiled Company's securities.
THEOTCM does not endorse, independently verify or assert the truthfulness,
completeness, accuracy or reliability of the Information and conducts no due
diligence whatsoever of the Profiled Companies. Because the Information is
presented on an "as is" basis, your use of the Information is at your own
risk. THEOTCM disclaims, expressly and impliedly, all warranties of any
kind, including those of merchantability and fitness for a particular
purpose or whether the Information is accurate or reliable or free of
errors. The Reader hereby indemnifies THEOTCM from any liability for any
claimed direct, indirect, incidental, punitive, or consequential damages
pertaining to the disseminated Information.
Post Comments
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