http://online.wsj.com/article/SB10001424052748703572504575214593564769072.html

Not a bad article on the matter.

On May 2, 2010 5:59 PM, "[email protected]" <[email protected]> wrote:

On Sun, May 2, 2010 at 3:35 PM, mike <[email protected]> wrote: > We'll just
power everything off ha...
 I will be a good ten or more years before any new off-shore drilling
really would begin to make a dent in our oil supplies.  Plus, haste to
hurry things up will result in a lot more spills and other accidents
that would occur otherwise.  FWIW, a couple of days ago, another oil
rig that was being towed in the gulf capsized and sank.

 I heard somewhere that Halliburton built the system that was
supposed to have shut off the oil flow in the case of a situation such
as took place in this gulf incident, but they cut corners in some
manner by not providing a normally used additional shut-off fail safe
valve.

 Steve

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