Page 22 - Drilling Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[ applause ] that dream, that american dream is what drove the allen brothers to reinvent their roofing company for a new era. it's what drove those students at forsythe tech to learn a new skill and work toward the future. and that dream is the story of a small business owner named brandon fisher. brandon started a company in berlin, pennsylvania, that specializes in a new kind of drilling technology. and one day last summer, he saw the news that halfway across the world 33 men were trapped in a chilean mine, and no one knew how to save them.

Professor leonard barr. his blog, gulfcoast.com that features those pictures. does there seem to be a little wiggle room in the interview we heard with governorç jindal? are the photographs up to the interpretation he seems to imply? >> i think there's a lot of wiggle room. you know, we all support -- we really want to see this problem go away. we're all excited about the possible capping of the flow. but, you know, the technology that you all just heard about in terms of the drilling technology is not being matched by the incredible technology of the science that we -- that is right availab...

Office for 18 years until governor jindal asked him to retire in 2008. his blog, gulfcoast.com that features the photos of the sand berm. thanks for your time, sir. >> nice to see you, keith. >> does there seem to be a little wiggle room, equivocation in the interview we just heard with governor jindal and nbc news this afternoon? are the photographs up to the interpretation he seems to imply? >> i think there's a lot of wiggle room. you know, we all support -- we really want to see this problem go away. we're all excited about the possible capping of the flow. but, you know, the technology th...

Huge leaps in technology in terms of being able to drill deeper and farther and in deeper water, but there's been almost no growth or no money spent in safety systems and recovery from large oil spills. we're doing the same thing we were doing 30 years ago. >> is there concern within the industry about that, or is this just raw incentives that the incentives are not there in terms of regulatory structure and legal liability to push the industry in that direction? >> the problem with the oil and gas industry is it often gets on the wrong side of really important issues, and regulation oversight...

Learned about over the past couple of months, as we've all learned to read the permit applications and the filings with the government is that the oil industry predicted the chances of a blowout like what happened at the deep water horizon, they predicted that the chances of a blowout there were essentially zero. i wanted to ask you if your insight from inside the industry, did they actually believe that the chance of a blowout is zero or are they conscious that's what they have to say in order to get a permit? >> this is part of the complacent see that i've talked over the last couple months ...