Wednesday, July 13, 2016

Rusty Bolts

There are problems a coming for most of the US offshore rigs and wells. Rusty Bolts.
Up until this coming July 28th, oil companies didn't have to report equipment failures unless they resulted in something major like an oul leak. But in the new "You done fucked up BP" law, they need to start disclosing problems. And word is getting out that a lot of problems. A major one being that the bolts holding everything together are corroding and snapping. That sure ain't good. And with Deepwater Horizon still fresh in everyone's minds, they need to be replaced. Some 2400 platforms look to be affected. They each need to be taken offline for weeks to be brought up to snuff. This is unfortunate timing for the US. With production already plummeting, this will just be one more hit.

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