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Cartoon: The USD GBP oil and water comic (medium) by BinaryOptions tagged gbp,usd,oil,binary,option,options,trading,investment,optionsclick,stocks,forex,currency,futures,market,cartoon,editorial,news

The USD GBP oil and water comic

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au 24. February 2013
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After the initial explosion and fire at the Deepwater Horizon oil rig platform, BP failed to shut down the wellhead's blowout preventer valves with remote-control submersible vehicles. Then it put a 125-tonne (280,000 lb) dome of containment on top of the biggest leakage point and syphoned the oil to a surface ship for storing. Although the containment dome method had proved itself in shallow marine environments, the technique a failure as gas mixed with colder seawater, forming crystals of methane hydrate which blocked the dome's top opening. Injecting heavy drilling liquids inside of the blowout preventer, the idea was to limit the non-stop oil flow prior to permanently sealing it failed using cement (aka: a "top kill"). BP then put an insertion tube riser inside the pipe and around the tube they plugged the riser's end with a stopper-like washer, with the insertion tube diverting the flow. The gas which had collected flared and stored oil on the Discoverer Enterprise drilling boat. Prior to the tube's removal, the device had contained 924,000 US gallons (22,000 bbl) of oil. On June 3, 2010, BP moved the damaged drilling riser away from the blowout preventer's top and covered the pipe which linked it to a different riser, by the cap. BP CEO Tony Hayward announced that the method caught "probably the vast majority of the oil." Nevertheless, Ira Leifer, a member of the FRTG, stated that oil kept leaking more than before the riser's cut and the placement of the cap containment system. On June 16, another system of containment was directly connected to the blowout preventer, and it started to carry oil and gas to clean-burning systems consuming it aboard working ships on the surface. This oil and water forex binary options cartoon was released in the February 21, 2013 edition of the binary options news by OptionsClick.

Science »  Money & Credits  Trade & Sale  Economic Cycle  Energy & Resources  Ecology  Tourism

gbpusdoilbinaryoptionoptionstradinginvestmentoptionsclickstocksforexcurrencyfuturesmarketcartooneditorialnews

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