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Well to a non-oil expert, they seem to have some merit. To me, the execution seems flawed.
by brianobush 16y ago
Well to a non-oil expert, they seem to have some merit. To me, the execution seems flawed.
- vrode 16y agoAll businesses work this way to day, but only few has such a high risk. What BP did there was practically a 50/50 game of chance, and they've lost. It seems that in the shadow of profit, the risk becomes transparent. Sometimes other risks, like 'losing market value' seem more real than the risk of bursting such well. Maybe it is because economists are in charge and their lack of technical expertise, makes the technical risk less real.