Housing market could have ‘wind knocked out of its sails’ 0
Housing market could have ‘wind knocked out of its sails’
Consequences of rising rates, record debt may be ‘dire,’ National Bank warns
Read more on The Globe and Mail
Housing market could have ‘wind knocked out of its sails’
Consequences of rising rates, record debt may be ‘dire,’ National Bank warns
Read more on The Globe and Mail
Source at www.whatdoesitmean.com (Note: I am not sure how trusty this source is but the concept seems logical that oil and the corexit 9500 would indeed be swept up in a hurricane (just as water does) and then be dumped inland. The effects of being dumped on cropland and others are unknown. I can assure you that this corexit is toxic and kills sealife (check the scientific paper) . Never in history has so much oil and this corexit have ever been used and never in an hurricane making zone, so this cannot be dismissed). “A dire report prepared for President Medvedev by Russias Ministry of Natural Resources is warning today that the British Petroleum (BP) oil and gas leak in the Gulf of Mexico is about to become the worst environmental catastrophe in all of human history threatening the entire eastern half of the North American continent with total destruction. Russian scientists are basing their apocalyptic destruction assessment due to BPs use of millions of gallons of the chemical dispersal agent known as Corexit 9500 which is being pumped directly into the leak of this wellhead over a mile under the Gulf of Mexico waters and designed, this report says, to keep hidden from the American public the full, and tragic, extent of this leak that is now estimated to be over 2.9 million gallons a day. ….. Even worse, should a Katrina like tropical hurricane form in the Gulf of Mexico while tens of millions of gallons of Corexit 9500 are sitting on, or near, its surface the …
Video Rating: 5 / 5
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Florida Tourism Ads Could Change
Forty-three days after the Deepwater Horizon explosion, oil has made its way into Florida waters. If the oil hits Florida’s coast this week as predicted, the state will have to change its tourism message.
Read more on WCTV Tallahassee
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Toxic oil spill and toxic rains could destroy North America The British Petroleum oil spill is threatening the entire eastern half of the North American continent with “total destruction,” reports say. An ominous report by Russia’s Ministry of Natural Resources warned of the impending disaster resulting from the British Petroleum (BP) oil and gas leak in the Gulf of Mexico, calling it the worst environmental catastrophe in all of human history, the European Union Times reported. Russian scientists believe BP is pumping millions of gallons of Corexit 9500, a chemical dispersal agent, under the Gulf of Mexico waters to hide the full extent of the leak, now estimated to be over 2.9 million gallons a day. Experts say Corexit 9500 is a solvent four times more toxic than oil. The agent, scientists believe, has a 2.61ppm toxicity level, and when mixed with the warm waters of the Gulf of Mexico, its molecules will be able to “phase transition.” This transition involves the change of the liquid into a gaseous state, which can be absorbed by clouds. The gas will then be released as “toxic rain” leading to “unimaginable environmental catastrophe” destroying all life forms from the “bottom of the evolutionary chart to the top,” the report said. Toxic Oil Spill Rains Warned Could Destroy North America www.eutimes.net Oil spill threatens ‘total destruction’ www.presstv.ir
Video Rating: 4 / 5
BP Could Face Ban as US Launches Criminal Investigation
by Tim Webb and Ed Pilkington in New York Last night’s announcement that the US is launching a criminal investigation into the Gulf of Mexico disaster capped off BP ‘s worst day in a torrid six weeks since the Deepwater Horizon rig exploded and sank on 20 April, killing 11 workers. read more
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A giant funnel to be installed at the scene of last month’s devastating explosion off the US coast, is BP’s best hope of halting the oil spill in the Gulf of Mexico. The device, designed to channel oil from the seabed to the surface where it can be collected safely, will be set up on Thursday. However, with the energy company itself not sure it will even work, Russian experts suggest that a nuclear missile may be the solution.
Video Rating: 3 / 5
Latest Gulf oil spill forecast: Offshore winds could lessen onshore impact
Winds forecast to be blowing offshore, or from the north, through Saturday morning could provide a reprieve in new shoreline impacts from the Gulf of Mexico oil spill caused by the BP Deepwater Horizon disaster, according to the latest National Oceanic and Atmospheric Association forecast map.
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(AFX UK Focus) 2010-05-30 16:09 Obama aide says US oil spill could last until August
WASHINGTON, May 30 (Reuters) – Oil could gush into the Gulf of Mexico from the BP Plc rig until August and the U.S. government is “preparing for the worst,” Carol Browner, President Barack Obama’s top adviser on energy and climate change, said on Sunday. She spoke on the CBS TV show “Face The Nation.” (Reporting by Alan Elsner) Keywords: OIL RIG/AUGUST
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SPECIAL REPORT – Civil fine in Gulf spill could be ,300 barrel
Just how many barrels of oil are gushing into the Gulf of Mexico from the Deepwater Horizon spill is a billion dollar question with implications that go beyond the environment. It could also help
Read more on Sify News