Page 6 - Drill Rig News Today

Deep to build up this island. cost so far? about $1 billion. bp says if arctic ice floes, drilling from an island is safer than off a floating rig. b but environmentalists say its a clever way of gaming the system. rebecca represents half a dozen environmental groups. >> if there were an oil spill, that oil is going into the ocean. its not on land. so, this really is -- this is drilling in water. >> reporter: thats the hard of the debate. does putting the massive drill rig on a 32-acre pile of g...

Bp says if arctic ice floes, drilling from an island is safer than off a floating rig. but environmentalists say its a clever way of gaming the system. rebecca represents half a dozen environmental groups. >> if there were an oil spill, that oil is going into the ocean. its not on land. so, this really is -- this is drilling in water. >> reporter: thats the hard of the debate. does putting the massive drill rig on a 32-acre pile of gravel mean bps liberty island project should be subject to fede...

Leaves and you hear what he gets. >> what does it say they are reportedly going to name an american to replace him? >> yeah. they are definitely -- in some sense it makes a lot of sense because the places they have the biggest problems and need to make up with their community is in the u.s. it makes sense to have someone in there like robert dudley who would be the face of the company. i remember when he was driven out of russia. he was in charge of their operations there they basically revoked ...

$4 billion profit on tuesday. thats only slightly less in the same quarter just a year ago. as for the well itself, a small fleet of ships are back at the site and preparing to resume work to finally kill the well. commander thad allen says a relief well could begin pumping oil into the well as soon as one week from today. our david mattingly is down at the gulf today. you just flew over the site. tell us what you saw. >> thats right, we flew over the site in a coast guard cargo plane, and we ...

This is more similar to apollo 13 than exxon valdez. >> wow. >> krista? >> i wanted to ask you, how would you rate bps cooperation? are they doing everything you need them to do? are they being as helpful as you would like? >> well, you know, theres been a lot of talk about the bp effort. bp is the responsible party, but quite frankly the united states coast guard are the responsible parties. we know our responsibility. everybodys been relentless. weve been relentless in our oversight. ive been ...

Safe. theres always a danger and when it occurs its always going to be troublesome because youre in a marine ocean environment. i have a bill to ban leases off the west coast of america. we need to shift away from oil. we need to move to the renewable energy policies. as long as we continue to drill, were going to find ourselves with these kinds of problems. not every year, not every drill rig but its going to happen and keep this in mind, last year, within the last 12 months, there have been tw...

As long as we continue to drill, were going to find ourselves with these kinds of problems. not every year, not every drill rig. but its going to happen. and when it does -- keep this in mind, chris, last year, within the last 12 months, there have been two massive blowouts s onl rigs, this is not unheard of, in fact its all too common. so enough, already. move away from our dependence on oil and lets get on with the renewable energy which everybody says is our future and has to be our future. >...

Radio show called "ring of fire." gentlemen im looking at this piece, robert kennedy first, it seems to me theyre talking about a culture of ethical failures, of regulators at the mms having sex, taking gifts from industry representatives, it sounds like theyre literally in bed with those characters is that the problem here? >> that was one of the major problems. the agency during the bush administration which is responsible for promulgating regulations and for exercising oversight of the indust...

Bp used it voluntarily on its british rigs, it was not included here. in addition to that, bp didnt put a deep well valve, a shutoff valve that would be 200 feet below the level of the sand. its standard operating procedure. they didnt put it there because it would have cost a few more bucks for them. theres also some indication that bp was drilling way beyond its permit limitations. the permit limitations allowed bp to go down to 18,000 feet. apparently they were already at 20 -- between 22 and...

Another developing story were following for you. that huge oil spill in the gulf of mexico, 50 miles off the louisiana coast. thats where the deep water horizon drill rig sank after a huge explosion ripped through it last week. right now, about 42,000 gallons of oil are gushing into the gulf on a daily basis. thats 1,000 barrels. a small army of workers are fighting to stop that leak. theyre hoping that robot submarines will be able to trigger whats called a blow-out preventer, basically a valve...