BP: for their next trick ...

BP is the oil-industry's equivalent of Tommy Cooper: except that the failed conjuring tricks they have been performing on the Deepwater Horizon rig in the Gulf of Mexico not only don't work, they aren't funny.

So far BP has tried the 'top kill' approach to stopping the oil flow. This consists of trying to plug the gap with all shades of rubbish and capping the pipe: they have tried drilling fluids, mud, tyres, golf balls and cement. BP has also tried closing safety valves.

Now they are going for the grand finale: cutting the pipe in half further down its length to get a clean break,  and then trying the capping procedure all over again.

The tension is palpable. A good outcome, and Hollywood producers will be primed with chequebooks for an action movie starring Tom Cruise, Hugh Jackman and Angelina Jolie (Deepwater Horizon, anyone? No pitch required, ho ho); fail, and BP will be writing the cheques to the US Government and reading said writing on the wall. The directors may even be reading it on the wall of a prison cell if recent applications of the Anglo-American extradition 'treaty' are applied (e.g. Gary McKinnon, austistic hacker extraordinaire; the Enron bankers from NatWest).

If the above scenarios may be fantasy (for now), one thing is for sure: either way, BP will be picking up the tab. Barack Obama needs someone to blame, even if the disaster wasn't strictly his fault. Laissez-faire policies with respect to big oil are ingrained on the American psyche: the Bush presidencies of father and son need particular highlighting.

And Michael Moore won't be far behind with his particular brand of TV Nation reportage: Obama and Me; Fahrenheit 494.6 (the temperature at which gasoline burns); or perhaps even Slicker Uprising. All bets are off.


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