Update on North Sea Gas Leak

April 2, 2012
Well, things could be worse, but the leaking gas near the Elgin platform in the North Sea is costing Total, SA, $1.5 million dollars a day. And it could be months before the rig can be reopened. Even though, thankfully, there have been no casualties, this is another object lesson in the dangers of deep-water drilling. I'm not saying we should stop doing it, but I have to wonder if the risks are really worth it in the long run.
Well, things could be worse, but the leaking gas near the Elgin platform in the North Sea is costing Total, SA, $1.5 million dollars a day. And it could be months before the rig can be reopened. Even though, thankfully, there have been no casualties, this is another object lesson in the dangers of deep-water drilling. I'm not saying we should stop doing it, but I have to wonder if the risks are really worth it in the long run.

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