BP plc Plans Final "Kill" Of Leak: A Legacy Of Scientfic Failure

Energy

Published: August 1, 2010 7:30 am

Last Updated: August 1, 2010 10:36 pm

BP plc (NYSE: BP) says that it is within a week of a final solution to the leak from the wreckage of the Deepwater Horizon spill. It has begun to inject much into the well and relief wells are about to be completed.

BP has prepared 12,000 barrels of the heavy mud. Industry experts say that the move has an excellent chance of working.The media, government, and residents of the Gulf region will be plagued for years by two questions. The first is why the well did not have the proper safety features to stop the leak from happening altogether. The other is why all the best scientists and oil industry experts in the world took more than 100 days to cap the well completely.

The first question can be answered by the fact that it is certain the well did not have all the proper technologies in place and probably was not following the proper protocol to keep those features implemented.

There may never the an answer to the second.

Douglas A. McIntyre

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.