Showing posts with label Oil Crisis. Show all posts
Showing posts with label Oil Crisis. Show all posts

William Engdahl | What’s really Going on With Oil? | Feb. 2, 2016

Source: Jay Taylor Media,williamengdahl.com



William Engdahl explains why most of the reasons given for oil prices collapsing really are the Wall Street elite setting us up for an explosive turn upward.

Gulf Oil Crisis | Lindsey Williams & Jim Bell June 13, 2010

Source: coasttocoastam.com

June 13, 2010 – Ian Punnett welcomed two guests, Jim Bell during the second hour and Minister Lindsey Williams in the 3rd hour, for a discussion on the Gulf oil crisis as well as alternative energy. Bell, who calls himself an "ecological designer," blamed the oil spill on a corporate culture which focuses on making a profit by way of "taking short cuts" that, ultimately, result in situations such as the one in the Gulf of Mexico. He put forward the notion that the ideal scenario to break free of corporate controlled energy is to aggressively pursue efficient solutions which would make the transition away from oil easier and faster. Using solar power as an example, he theorized that, with good leadership, it would take about 40 years for such a transition to take place.

In the second hour, Minister Lindsey Williams, who once served as a chaplain for the oil companies operating in Alaska, shared what he claimed to be the "real story" behind the Gulf oil crisis. He explained that, in the 1970's, Russia drilled over 40,000 feet into the ground and discovered abiotic oil, i.e. oil which replenishes itself via an as-yet-unknown chemical process. The off-shore drilling done by BP in the Gulf of Mexico, Williams said, was their attempt to create a similar super-deep well and access this same abiotic oil. However, according to his sources, the pressure from this pocket of abiotic oil in the Gulf was so great that it burst all the safety valves on the floating platform.

Williams went on to allege that oil industry insiders believe that the only method to stop the flow of oil in the Gulf is via a nuclear device and even that has potential for catastrophic results. Bell, who rejoined the conversation in the fourth hour, agreed with Williams about the potential danger of using a nuke to thwart the spill because it could "pop the bubble" and cause all of the underground oil to emerge simultaneously. On the potential long term effects of the crisis if the flow of oil is not stopped, Bell speculated that it could reach Europe within three years through the Gulf Stream. Additionally, Williams observed that the overwhelming amount of dangerous gasses, which are also being released from the disaster, could be swept along the East Coast should a hurricane arrive in the Gulf.

21-Year-Old Genius Offers Solution to the Oil Crisis

Source: lemondrop.com

Since April 20, when BP's Deepwater oil rig sort of, well, exploded and began pumping millions of gallons of oil into the Gulf of Mexico, ruining ecosystems and coastlines in the worst spill in history, a number of solutions have been attempted. They've tried sticking a giant dome over the pipe and pumping it full of garbage, for example, but a 21-year-old girl from Long Island may have come up with a solution that can actually work.

It helps that Alia Sabur is a genius -- she began work on her engineering PhD at the age of 14 and become the youngest college professor in the history of America at the age of 18, and now she thinks she's got the answer to our problem. She calls it the "seabed retread," and it involves stuffing the leaking riser with a pipe surrounded by deflated tires, then inflating the tires.

Although the tires might not be able to inflate completely inside the riser, it should be able to stem the flow of oil, which could then be redirected into a new pipe, she figures, according to calculations she sketched out on a piece of paper in typical genius fashion.

Alia was reading before she could walk, had moved on to novels by the age of two, and was playing in an orchestra by 11. She's currently working on a doctorate in engineering from Drexel University, and although she hasn't gotten her idea to BP yet, she hopes they'll consider it if their efforts fail, even though it doesn't involve writing angry letters to Twitter or flooding the Gulf with golf balls.
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