I do not advocate any particular "solution" but rather point out how quickly consensus opinion can go from "No Way" to "Let's Think about it". A week ago, consensus opinion feared lower stock and gold prices, but that will change with every up tick. There are reports that suggest that the infrastructure of the well has been damaged. If this is correct, plugging the well through traditional measures could prove very difficult. Watch consensus opinion evolve as the size of the spill continues to increase.
“Probably the only thing we can do is create a weapon system and send it down 18,000 feet and detonate it, hopefully encasing the oil,” Matt Simmons, a Houston energy expert and investment banker, told Bloomberg News on Friday, attributing the nuclear idea to “all the best scientists.”
Source:
www.cnbc.com
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