Monday, June 28, 2010

Storm Could Disrupt BP (NYSE:BP) Cleanup for Two Weeks

If Tropical Storm Alex ends up hitting the Gulf of Mexico spill and cleanup area, it could shut things down for a two-week period, although the Helix Q4000, which is the vessel flaring the oil and gas, would be able to stay a few extra days before being moved from the area.

The good news is the storm at this time is gravitating toward Mexico and away from the area, but that's no guarantee it won't change direction sometime soon, as it's a part of the way these storms can behave.

Computer storm models show Tropical Storm Alex moving over the Yucatan Peninsula of Mexico.

Over the weekend sustainable winds of 40 mph were the maximum from the storm system.

Coast Guard Adm. Thad Allen said on Friday the oil well could be left unattended for 14 days.

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