BP just discovered a billion barrels of oil in the Gulf of Mexico

Crap. We all know how this story plays out...

BP just discovered a billion barrels of oil in the Gulf of Mexico

•BP discovers 1 billion barrels of oil at its Thunder Horse field in the Gulf of Mexico.

•The oil giant also says it will spend $1.3 billion to develop a third phase of its Atlantis offshore field south of New Orleans.

•BP credits its investment in advanced seismic technology for speeding up its ability to confirm the discoveries

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BP now expects its fossil fuel output from the region to reach 400,000 barrels of oil equivalent per day by the middle of the next decade. Today, it produces about 300,000 boepd, up from less than 200,000 boepd about five years ago.

On Tuesday, the company said it will spend $1.3 billion to develop a third phase of its Atlantis field off the coast of New Orleans. Scheduled to start production in 2020, the eight new wells will add 38,000 bpd to BP's production at Atlantis. The decision comes after BP found another 400 million barrels of oil at the field.

BP made the massive 1 billion-barrel discovery at its Thunder Horse field off the tip of Louisiana.

https://www.cnbc.com/amp/2019/01/08/bp-just-discovered-a-billion-barrels...

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Roy Blakeley's picture

on our descent into climate Hell.

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divineorder's picture

@Roy Blakeley

...

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A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

WoodsDweller's picture

every drop of it needs to stay in the ground forever.

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"The greatest shortcoming of the human race is our inability to understand the exponential function." -- Albert Bartlett
"A species that is hurtling toward extinction has no business promoting slow incremental change." -- Caitlin Johnstone

Centaurea's picture

The US government in cahoots with British Petroleum (now BP) enacting regime change in Iran in the 1950s was how the destablization of the Middle East got started.

Over the years, BP has acquired subsidiaries and contractual interests of various companies in the American petroleum industry. It is now deeply intertwined with the US and with the MIC.

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"Don't go back to sleep ... Don't go back to sleep ... Don't go back to sleep."
~Rumi

"If you want revolution, be it."
~Caitlin Johnstone

divineorder's picture

@Centaurea relationship here with the ascendancy of the Trump Administration and it’s billionaire puppeteers.

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A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

Of the guy executing a prisoner with a gas pump to his head.

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divineorder's picture

@pindar's revenge

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A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

Cant Stop the Macedonian Signal's picture

@divineorder

has to do with any of this, seeing as how the two Presidents immediately preceding Trump did the same exact thing. Didn't Obama boast about being the President who laid more pipeline than any President previous?

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

@Cant Stop the Macedonian Signal

with all honest respect, he's the face there RIGHT NOW. We need to focus. I despise prior villains, but he's the villain we have now.

Tactics. Face the current enemy. Strategy: organize against the plutocracy.

I believe that phony "friends" like BO are worse than "honest" enemies, but mango mussolini is the public face enabling evil now. And he makes a great organizing target, uglier and not as "charming" as BO.

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edg's picture

The "Atlantis" field. Doesn't that just make you feel all warm and fuzzy? As Donovan sang, "Hail, Atlantis!"

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Centaurea's picture

@edg what happened to Atlantis.

According to legend, the Atlanteans couldn't handle the technology they developed. And here we are again ...

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"Don't go back to sleep ... Don't go back to sleep ... Don't go back to sleep."
~Rumi

"If you want revolution, be it."
~Caitlin Johnstone

Cant Stop the Macedonian Signal's picture

this sends my stomach into surges of nausea.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

divineorder's picture

@Cant Stop the Macedonian Signal

...

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A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

Cant Stop the Macedonian Signal's picture

@divineorder

Don't know if you're from the Gulf Coast too, but it hurts.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

Cant Stop the Macedonian Signal's picture

@divineorder

The motherfucker.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

@Cant Stop the Macedonian Signal

It was still pretty clean, no casinos, tourists mostly AL and GA. I loved it.

I cried repeatedly when BP blew it.

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Cant Stop the Macedonian Signal's picture

@pindar's revenge

It's not a place I want to return to. Absolutely hysterical. That's not normal for me, as you might imagine.

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"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha

"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver

@Cant Stop the Macedonian Signal @Cant Stop the Macedonian Signal

I obsessed over the images and the news. My wife was worried about me; she took me to talk to a coal activist about dealing with the depression.

How do you deal with, handle, the grief? I love the Gulf, but I didn't grow up there. Must be bleak to see.

Ironically, I posted something a few days ago about a demo I was at. It was a BP demo. I still have the signage I made: an oil-drenched dragonfly on an oily stem, with a Van Vliet quote: "What's on the leaves ain't dew no more".

edit: sorry, i just noticed my subject is a hashtag. blech. changed.

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The Aspie Corner's picture

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Modern education is little more than toeing the line for the capitalist pigs.

Guerrilla Liberalism won't liberate the US or the world from the iron fist of capital.

Cassiodorus's picture

Why, that's enough to satisfy global demand for oil for, what, two weeks?

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"The war on Gaza, backed by the West, is a demonstration that the West is willing to cross all lines. That it will discard any nuance of humanity. That it is willing to commit genocide" -- Moon of Alabama