2010-05-08

Deepwater Horizon - One Leak Down, Two to Go

Here is video showing the capping of one of the three leaks coming from the sunken Deepwater Horizon rig. The blowout and disaster reminds us that we are now in an era in which the easy oil is all gone, and the petroleum industry is forced to go after ever more difficult and low quality fields. This inevitably means higher costs for reduced amounts of oil. Let us remember the Deepwater Horizon catastrophe and take heed of the lesson it can bring: we must start learning to save on gas.

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