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May 12, 2010
Hours prior to the tragic incident. had the b.o.p. functioned as expected this catastrophe would not have taken place. i need to emphasize halliburton is a service provider to comply with the well owners instructions and work related activities. is confident that the mississippi cannon 252 well was completed with the requirements of the well owners construction plan. >> first back to the spill thrill on the hill with msnbc political analyst howard fineman and senior washington correspondent and ...
May 12, 2010
Well to plug it. >> okay. so you put the rubber down, it temporarily stops it. but doesnt that -- im maybe betraying a tremendous amount of ignorance. doesnt that pressure have to go somewhere? if you are able to stem the pressure gushing up with the junk, isnt that going to just sort of seep out somewhere else? >> some of it is still going to come out. they are going to access the b.o.p. from a valve and they will be able to control that flow of oil and gas through that valve which they are goi...
May 12, 2010
Well to plug it. >> okay. so you put the rubber down, it temporarily stops it. but doesnt that -- im maybe betraying a tremendous amount of ignorance. doesnt that pressure have to go somewhere? if you are able to stem the pressure gushing up with the junk, isnt that going to just sort of seep out somewhere else? >> some of it is still going to come out. they are going to access the b.o.p. from a valve and they will be able to control that flow of oil and gas through that valve which they are goi...
May 12, 2010
>> the one thing we know is the evening of april 20th there was a sudden, catastrophic failure of the cement, casing or both. was the well properly designed? were there problems with the casing or the seal assembly? was the casing properly cemented? and the well effectively sealed? were all appropriate tests run on the cement and the casing? were the blowout preventers damaged by the surge that emanated from the well? >> halliburton safety chief had hard questions about the work done by two out ...
May 11, 2010
Comment casings and a mechanism called the "blow-out preventer," or b.o.p. all failed in some way in succession or the same time to do their jobs. halliburton installed the cagi cagings. >> the casings shoe was cemented 24 hours prior to the tragedy. >> transocean owned the well. >> there was a sudden catastrophic failure of the cement, the casing or both. without a file your of one of the elements, the explode could not have occurred. >> reporter: b.p. was the wells primary operator. >> why did...
May 11, 2010
This is lamar, the head of bm america, then i will say what hes saying since it is a little technical. >> an idea of the questions we are asking. there are really two key sets of questions here and were actively exploring both of them. first, what caused the explosion and fire on board transoceans deep water horizon rig. second, why did transoceans blowout preventer fail to shut in the well and release the rig? >> reporter: the blowout protector, that is the emergency shutoff valve. and what you...
May 11, 2010
The gulf. join us now eric smith, a former oil industry executive, now associate director for the tulane energy institute in new orleans. its a pleasure to have you with us. give us a sense of how possible it is to identify the actual cause of this spill. >> i think it will be pretty easy to identify once the spill is over with and weve got the b.o.p. back up on the surface. and we can hopefully reflrg the well and find out what happened down-hole. the evidence is there, just a matter of getting...
May 10, 2010
More oil than anything. mike, hear hearing about dispersements. the idea behind these chemicals is they break up the oil and keep it from being so ecologically troublesome but were using one-third of the worlds supply of these dispersements and theres concern about the chemicals causing problems. >> theres a controversy over dispersements. one opinion is they make it look better, they dont really change anything and it doesnt go away. im not an expert in that area but i know theres a controversy...
February 8, 2010
Orleans saints and ringo star receiving his star on the hollywood walk of fame. 50th anniversary of the walks construction. in three hours, charlie sheen and his wife are due to appear in an aspen courtroom surrounding their domestic violence case. 13-year-old girl from the united kingdom who dances to japanese animation is the latest youtube sensation. rebecca flint goes by the name becky cool, a hit in japan with more than 8 million people watching her bop to the music. >> thank you, every...
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Against the us dollar the government naturally wants investors to stay so the central bank has been under considerable pressure over interest rates its unclear if raising rates will be enough though even if modi will stick to market economy principles elections are set for next year the opposition wants subsidies to keep rising gasoline prices in check meaning the cost of keeping election promises might endanger other projects. our business correspondent geoff chatted she joins us now from mumba...