Excerpts from prominent oil-industry insider Matt Simmons third appearance on MSNBC's Dylan Ratigan Show, June 7, 2010:
We have an open hole that's spewing I would guess somewhere between 100,000 - 150,000 barrels a day of oil which is why you now have over a hundred mile oil lake at the bottom of the Gulf of Mexico that's apparently four to five hundred feet deep. ...
We have an open hole with no casing in it and the only way we'll shut it off is either let it complete which might take 30 years which could maybe not only poison the Gulf of Mexico but maybe the Atlantic Ocean or to put a nuclear device down the hole...
When the hurricanes arrive the hurricane actually blows this oil on shore it will basically paint the Gulf Coast black and it will shut down the refineries, the power plants and it will be America's worst catastrophe nightmare.
http://www.msnbc.msn.com/id/21134540/vp/37662748#37560013
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