Day 71: Deepwater Horizon by the Numbers

On June 30, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):      1,785,000    to    3,300,000
Amount of oil recovered by BP to date (barrels):      508,615
Net amount of oil released to date (barrels):      1,276,385    to    2,791,385
Oil recovered as % of oil gross release (current day):      42%    to   (…)

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Day 70: Deepwater Horizon by the Numbers

On June 29, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):      1,750,000      to      3,240,000
Amount of oil recovered by BP to date (barrels):    483,395
Net amount of oil released to date (barrels):    1,266,605     to     2,756,605
Oil recovered as % of oil gross release (current day):    39%     (…)

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Day 69: Deepwater Horizon by the Numbers

On June 28, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):    1,750,000    to    3,240,000
Amount of oil recovered by BP to date (barrels):    460,000
Net amount of oil released to date (barrels):    1,255,000    to    2,720,000
Oil recovered as % of oil gross release (current day):    45%    to    77%
Oil recovered as % of oil gross release (to date):    14%    to    27%
Federal waters (…)

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Day 66: Deepwater Horizon by the Numbers

On June 25, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):    1,575,000    to    2,940,000
Amount of oil recovered by BP to date (barrels):    371,165
Net amount of oil released to date (barrels):    1,203,835    to    2,568,835
Oil recovered as % of oil gross release (current day):    45%    to    77%
Oil recovered as % of oil gross release (to date):    13%    to    24%
Federal waters (…)

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How Important is Gulf of Mexico Oil?

On June 24, 2010, by Cutler Cleveland

In an earlier post I talked about the possible impact of an offshore drilling moratorium on oil production and prices. The drilling moratorium continues to be a hot issue, with a federal judge issuing a temporary injunction against it, and Secretary Salazar vowing to to issue a more explicit justification for the ban.
A number of (…)

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Day 65: Deepwater Horizon by the Numbers

On June 24, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):    1,540,000    to    2,880,000
Amount of oil recovered by BP to date (barrels):    347,890
Net amount of oil released to date (barrels):    1,192,110    to    2,532,110
Oil recovered as % of oil gross release (current day):    45%    to    77%
Oil recovered as % of oil gross release (to date):    12%    to    23%
Federal waters (…)

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Day 64: Deepwater Horizon by the Numbers

On June 23, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):    1,505,000    to    2,820,000
Amount of oil recovered by BP to date (barrels):    320,800
Net amount of oil released to date (barrels):    1,184,200    to    2,499,200
Oil recovered as % of oil gross release (current day):    43%    to    74%
Oil recovered as % of oil gross release (to date):    11%    to    21%
Federal waters (…)

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Americans Are “Deeply Concerned” About Energy?

On June 22, 2010, by Cutler Cleveland

A New York Times/CBS News poll out today reports that Americans are “deeply concerned” about energy but are “unwilling to pay higher gasoline prices to help develop new fuel sources.”  What adjective would you use to describe the American attitude towards oil?  Misguided? Uneducated? Hypocritical? Deeply conflicted?  Since 1970 the country (…)

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Day 63: Deepwater Horizon by the Numbers

On June 22, 2010, by Cutler Cleveland

Gross amount of oil released to date (barrels):    1,470,000    to    2,760,000
Amount of oil recovered by BP to date (barrels):    294,970
Net amount of oil released to date (barrels):    1,175,030    to    2,465,030
Oil recovered as % of oil gross release (current day):    39%    to    67%
Oil recovered as % of oil gross release (to date):    11%    to    20%
Federal waters (…)

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IXTOC 1: Now That Was An Oil Spill

On June 22, 2010, by Cutler Cleveland

On June 3, 1979, the 2 mile deep exploratory well, IXTOC I, blew out in the Bahia de Campeche, 600 miles south of Texas in the Gulf of Mexico. The water depth at the wellhead site is about 50 m (164 feet).  The oil and gas blowing out of the well ignited, causing the platform (…)

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