Saturday, July 10, 2010

Nuke Only Option, Gulf 40% Covered By Underwater Oil Lakes Says Ocean Energy Institute Founder

Nuclear Device Only Option to Stop Oil Flow
Bloomberg — Matthew Simmons, founder of the Ocean Energy Institute, talks with Bloomberg's Lori Rothman about BP Plc's oil leak in the Gulf of Mexico and his views that the Military should takeover capping efforts and that the use of a "small-bore nuclear device" is now the "only option" to stop the flow of oil. He states the flow of oil is 120,000 barrels a day and also describes an underwater lake of oil 1100 meters below the surface, covering 40% of the Gulf of Mexico. Relief wells are useless he says, and will only triple the flow of oil and gas, and ultimately fail.