BP's new 'choke line' solution: Will it work?

With prodding from the Coast Guard, BP has come up with a new plan to siphon up most of the gushing oil by the end of June. Is that cause for optimism?

A flare burns from a ship recovering oil from the BP oil spill.
(Image credit: Getty)

The Coast Guard over the weekend gave BP 48 hours to speed up its plan to siphon more oil from the gushing well in the Gulf of Mexico, and BP appears to have come through: By the end of June, BP says, it will increase the oil it collects and burns to as much as 53,000 barrels a day, from 15,000 right now. The plan pushes up BP's old timeline by two weeks. To pull it off, BP will try sucking up oil through the "choke line" pipe used to pump drilling mud into the blowout preventer during BP's failed "top kill" operation. Given BP's track record, Gulf residents are skeptical. Are they right to be? (Watch a CNN report about BP's slow oil recovery)

This could be fixed in a month: What welcome news — if everything goes right with BP's "aggressive" new plan, says Douglas McIntyre in 24/7 Wall Street, the end of the nightmare will be in sight. With new ships from Europe and Brazil coming to help with the job, a tighter containment cap, and the choke-line hack, BP should be sucking up the entire 40,000-barrel-a-day geyser by the end of June, so no more crude would be leaking into the environment.

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