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Oil Industry Expert Simmons On Worst Case Scenario For BP Rig: Open Hole Spewing 100-150,000 Barrels A Day

This is really horrifying news. If oil industry expert Matthew Simmons that appeared on the Dylan Ratigan show and Sen. Ben Nelson's worst case scenar

BP Well Bore And Casing Integrity May Be Blown, Says Florida’s Sen. Nelson:

Oil and gas are leaking from the seabed surrounding the BP Macondo well in the Gulf of Mexico, Senator Bill Nelson of Florida told Andrea Mitchell today on MSNBC. Nelson, one of the most informed and diligent Congressmen on the BP gulf oil spill issue, has received reports of leaks in the well, located in the Mississippi Canyon sector. This is potentially huge and devastating news.

If Nelson is correct in that assertion, and he is smart enough to not make such assertions lightly, so I think they must be taken at face value, it means the well casing and well bore are compromised and the gig is up on containment pending a completely effective attempt to seal the well from the bottom via successful “relief wells”. In fact, I have confirmed with Senator Nelson’s office that they are fully aware of the breaking news and significance of what the Senator said to Andrea Mitchell. Read on...

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