Thursday, August 19, 2010

Major study proves oil plume that's not going away

Loss of confidence or trust in those that issue and manage the currency tends to increase its velocity (turnover). An increase in velocity, in turn, creates more inflation. Do reports such as these influence confidence in leadership? If so, does it alter confidence in USA, Inc?

A 22-mile-long invisible mist of oil is meandering far below the surface of the Gulf of Mexico, where it will probably loiter for months or more, scientists reported Thursday in the first conclusive evidence of an underwater plume from the BP spill.

The most worrisome part is the slow pace at which the oil is breaking down in the cold, 40-degree water, making it a long-lasting but unseen threat to vulnerable marine life, experts said.

Earlier this month, top federal officials declared the oil in the spill was mostly "gone," and it is gone in the sense you can't see it. But the chemical ingredients of the oil persist more than a half-mile beneath the surface, researchers found.

Source: news.yahoo.com

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