US pressures BP as Gulf oil slick spreads

Published on Sun, May 02, 2010 at 07:24 |  Source : Reuters

Updated at Sun, May 02, 2010 at 08:29  

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US pressures BP as Gulf oil slick spreads

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The US government pressured energy giant BP to avert an environmental disaster as a huge, unchecked oil spill reached coastal Louisiana, imperiling fish and shrimp breeding grounds and vulnerable wetlands teeming with wildlife.
With oil gushing unchecked from a ruptured deepwater well in the Gulf of Mexico off Louisiana, President Barack Obama's administration piled pressure London-based BP Plc, the owner of the blown-out well, to do more to shut off the flow and contain the spreading slick.
Obama sent Interior Secretary Ken Salazar and Homeland Security Secretary Janet Napolitano to Louisiana to assess the situation.
Salazar met with BP executives and said he told them to "work harder and faster and smarter to get the job done."
"We cannot rest and we will not rest until BP permanently seals the wellhead and cleans up every drop of oil," he said.
Crude oil is pouring out at a rate of up to 5,000 barrels (210,000 gallons or 795,000 litres) a day, according to government estimates, but experts said the quantity of crude escaping was difficult to measure.
Experts said there was little hope that BP would succeed with a relatively quick fix to cap the well.
BP hopes to cover the well with a giant inverted funnel that would capture the oil and channel it to a tanker ship.
But that would take four weeks, by which time over 150,000 barrels could have been spilled. If the funnel does not work, BP will have to try stemming the flow by drilling a relief well, which would take two to three months.
"At 5,000 barrels a day, in two months' time it's going to be a bigger spill than the Exxon Valdez, said Tyler Priest, director of global studies at the University of Houston's Bauer College of Business. "You're looking at a huge disaster."
Forecasters predict the spill will soon invade the coastlines of Mississippi as well as Alabama and Florida, which both declared states of emergency.
"The problem here is we have a leak that's uncontrolled right now, leading to a source of oil that's not infinite, but it's very very large, and we're not going to know the total impact and the oil release until we actually shut it down," Coast Guard Admiral Thad Allen said on CNN.
"I think 5,000 barrels per day is a good estimate for now, but I think we need to understand, we can have something catastrophic happen down there, we need to be prepared for the worst-case scenario, and that's where we're headed."

  

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