While we wait to see whether BP's latest attempt to stop the hemorrhaging of oil in the Gulf will work, Rachel Maddow's segment from last night's show is incredible. It shows how this oil industry has learned NOTHING in 31 years. The Ixtoc I well blew up in the Gulf of Mexico in 1979. It was not plugged for 9 months. It had the exact same circumstances as the BP well disaster today. And in 31 years, they have not advanced any technologies to deal with any possible disaster. Unbelievable.
The oil companies keep talking about how technologically advanced they are, but what they have gotten technologically advanced at is drilling deeper. They haven't gotten any more advanced on how to deal with the risks attached to that. They haven't made any technological advances in the last 30 years when it comes to stopping a leak like this when it happens.
All they've gotten better at is making the risks worse, by putting these leaks further out of our reach. Wow, hey, congratulations. Now the thing you can't stop is a full mile underwater. That and making themselves the most profitable industry the universe has ever seen, and I am not exaggerating.