by Steve Watson, Paul Joseph Watson &
Jun 8, 2010
Sales of shares and stocks in days and weeks beforehand
Halliburton link, acquisition of cleanup company days before
BP report cites undocumented tampering with well sealing equipment
Government uses disaster to push for Carbon Tax, Nationalization
Troubling evidence surrounding the Deepwater Horizon explosion on
April 20, suggests that the incident could have been manufactured.
On April 12, just over one week before the Deepwater Horizon rig
exploded, Halliburton, the world’s second largest oilfield services
corporation, surprised some by acquiring Boots & Coots, a relatively
small but vastly experienced oil
well control company.
The company deals with fires and blowouts on oil rigs and oil wells.
It was responsible for putting out roughly one third of the more
than 700 oil well fires set in Kuwait by retreating Iraqi soldiers
during the Gulf War.
The deal itself is still under scrutiny with Boots and Coots facing
ongoing investigation into “possible breaches of fiduciary duty
and other violations of state law”
Where this information gets really interesting is with the fact that
Halliburton is named in the majority of some two dozen lawsuits
filed since the explosion by Gulf Coast people and businesses who
claim that the company is to blame for the disaster.
Halliburton was forced to admit in testimony at a congressional
hearing last month that it carried out a cementing operation 20
hours before the Gulf of Mexico rig went up in flames. The lawsuits
claim that four Halliburton workers stationed on the rig improperly
capped the well.
New York Times noted on May 26,
“BP officials chose, partly
for financial reasons, to use a type of casing for the well that the
company knew was the riskier of two options.
Workers from the rig and company officials have said that hours
before the explosion, gases were leaking through the cement, which
had been set in place by the oil services contractor, Halliburton.
Investigators have said these leaks were the likely cause of the
According to a 2007 study by Minerals Management Service, cementing
was a factor in 18 of 39 rig blowouts in the gulf between 1992 and
Another intriguing connection Boots and Coots has to the Deepwater
Horizon explosion comes via Pat Campbell,
the man BP has employed to
cap the well beneath the ruined rig. Campbell worked for Boots and
Coots as general manager for many years.
BP has admitted to
buying Yahoo and Google keywords in an attempt to
control publicly available information in the wake of the
catastrophe. It seems that the company is taking all the flack for
the spill while the Halliburton link is being roundly ignored.
BP’s prepared testimony briefing, which has since leaked online,
also intriguingly notes that the Hydraulic Control System on
equipment designed to automatically seal the well in an emergency
was modified without their knowledge sometime before the explosion,
“the extent of these modifications is unknown at this time” states
the report on page 37.
Possible prior knowledge of the explosion is also evident via huge
dumping of stocks and shares in the weeks and days prior to the
Goldman Sachs dumped 44% of its shares in BP Oil during the first
quarter - shares that subsequently lost 36 percent of their value,
equating to $96 million.
Other asset management firms also sold huge blocks of BP stock in
the first quarter. Though the amounts pale in comparison to
Goldman’s holdings, Wachovia, owned by Wells Fargo, sold 98% of its
shares in BP and Swiss bank UBS sold 97% of its BP shares.
reported by the London Telegraph on June 5,
Hayward, the chief executive of BP, sold £1.4 million of his shares
in the fuel giant weeks before the spill.
In the days before the Deepwater explosion, Obama had announced a
new effort to explore for and lease new drilling locations in the
deep Gulf and in Alaska. In the wake of the disaster, these plans
have been cancelled and BP is taking a PR bashing.
All of which has been capitalized on by the Obama administration to
reinvigorate talk of a carbon tax and has created the opportunity to
the idea of nationalizing oil
(below video), which the Democratic
leadership has long sought.
The full story of what is happening in the Gulf of Mexico is yet to
emerge, there are
rumors of more spills and an ongoing cover-up.
site represents a $2.2 trillion source of wealth and power, a motive
along with a plethora of suspicious activity that needs to be