BP Oil Volcano’s

(RawStory) – CEO: BP will make good on $10 billion in profit payouts to shareholders, despite spill – Read More Here

(Time) – BP Among the Companies Vying for Iraq’s Oil – Read More Here

(Infowars) – June 3 – Video: Goldman Sachs Dumps 44% of it’s BP Stock Weeks before Oil Rig Disaster!!!

Want Proof? HERE IT IS… http://moneycentral.msn.com/ownership… This is a list of the institutional owners of BP stock. This is NOT private owners. There are 350 million shares of BP. Financial Institutions own roughly 40% of BP. Goldman Sachs (on March 31st) owned 6 million shares…after it sold 4.7 Million shares. WHAT DID THEY KNOW? Video Link Here

(Infowars) – LOST at Sea: Enormous Exaggeration of Oil Plume Set to Enrich World Bankers

The latest revelations in the British Petroleum gulf drilling disaster indicate that international banking firm Goldman Sachs sold over 4.68 million shares of British Petroleum stock just two days prior to the explosion of the British Petroleum drilling platform. This sell-off of petroleum stock is now recognized as the largest single liquidation of petroleum stocks in the history of modern markets. With this liquidation taking place just 48 hours prior to the gulf explosion which now looms as America’s worst ever ecological disaster, any intelligent mind must ask these questions, “Was this sell-off an act of insider trading? Did someone at Goldman Sachs have foreknowledge of this disaster? Could the disaster have been man-made? If so, who would be the ultimate beneficiary of this event?” Read More Here

(TheComingDepression) – OIL Slick Catastrophe In Photos

A short entry – AP Photographer Charlie Riedel just filed the following images of seabirds caught in the oil slick on a beach on Louisiana’s East Grand Terre Island. As BP engineers continue their efforts to cap the underwater flow of oil, landfall is becoming more frequent, and the effects more evident. (8 photos total) – View Pics Here

(NYDaily) – Dying, dead marine wildlife paint dark, morbid picture of Gulf Coast following oil spill

“The things I’ve seen: They just aren’t right. All the life out here is just full of oil. I’m going to show you what BP never showed the President.” – Read More Here

(Bloomberg) – BP Oil Leak May Last Until Christmas in Worst Case Scenario – Read More Here

Video: How Bad Can the Spill Get? – Video Link Here

Video: Awesome Video Timeline Of Obama’s Daily Response To BP Oil Spill (White House Won’t Like This Clip) Continue reading

MSM: When the Oil Hits Land – 3 Bad-to-Worse Scenarios

(AOLNews) – As you read this, the sweet crude from the gulf oil spill that is engulfing the Chandeleur Islands, the crescent chain of mangroves and sand providing the last flimsy barrier protecting southeast Louisiana from the sea, will be moving relentlessly beyond them toward the mainland.

The slick is expected to get there later this week, according to federal forecasters. Should those projections hold, the world will then get an answer to a grim question: Just how severe will the damage be? Continue reading

Oil Slickonomics

(Cumber) – “At its current leak rate of 5,000 barrels of oil per day, the spill could surpass the size of the 1969 Santa Barbara spill by next week. If the leak cannot be contained, it could exceed the size of the 1989 Exxon Valdez oil spill off Alaska by mid June.” Paul Harrison, Environmental Defense Fund

Three scenarios lie ahead. They rank as bad, worse, and ugliest (the latter being catastrophic and unprecedented). There is no “good” here. Continue reading

Gulf of Mexico oil spill shows disastrous legacy of Halliburton and the real cost of the oil era – Mike Adams

(NaturalNews) – Oil is a dirty business. It’s not just the politics of oil, which are dirty enough by themselves — it’s also the environmental toll of the substance. Even when used correctly, its chemical byproducts cause air pollution and release carbon dioxide into the atmosphere. But the real mess comes when things go terribly wrong — much like what happened recently when the offshore drilling rig Deepwater Horizon exploded and sank to the ocean floor off the coast of Louisiana. This set in motion a chain of disastrous events that are only now beginning to unfold. Continue reading

MSM: Gulf of Mexico Oil Within Miles of the Coast; Obama Administration Calls Spill Event of ‘National Significance’

(ABC) – With the Coast Guard warning that oil could begin to hit the Louisiana coastline as early as tonight, BP asked the U.S. government for help today to clean up the massive oil spill in the Gulf of Mexico.

The Coast Guard said the floating oil slick was just 3 miles from land and 25 miles from the nearest populated area this afternoon. Read More Here

See Also:

(MSNBC) – Video: It’s A Catastrophe! We Have No Idea How Bad It’s Going To Be! Continue reading