Friday, July 30, 2010

BP (NYSE:BP) Oil Shouldn't Catch Loop Current - Thad Allen

The U.S. government front man for the oil spill, Thad Allen, said Friday the oil from BP (NYSE:BP) shouldn't end up in the loop current, which should bring a sigh of relief to residents of the East Coast of the United States.

"The chances that oil will become entrained in the loop are very, very low - and will go to zero as we control the leak at the well with the cap and ultimately kill it," Allen said.

What's more interesting, although Allen didn't address it, is there is relatively little oil to be found now that the oil well has been temporarily plugged.

That suggest, and as scientists have mentioned, that the Gulf is cleaning itself up through evaporation and oil-eating microbes, the reason it's so hard to find the oil.

In other words, there isn't that much oil to in the Gulf to enter into the loop current, even if it did.

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