Been out most of the day but just came home to an email alerting me to the next event in the Flock of Black Swan events that will guarantee QE3 and QE to infinity (QEX).
As if earthquakes, tsunamis, nuclear meltdowns and war in Libya was not enough, according to Zero Hedge there is a replay of the BP oil spill in the making in the Gulf of Mexico.
Multiple reports have come in of a giant oil sheen nearly 100 miles long and 10 miles wide originating about 20 miles away from the site of the Deepwater Horizon oil rig explosion last April (see pic above).
The site of the sheen, near Mississippi Canyon 243, lies 30 miles from the Louisiana coastline. This is where the Matterhorn oilfield sits. According to W&T, the field has produced an average rate of 5,200 barrels of oil per day, and has production capacities of 35,000 barrels of oil per day.
Whether the leak is coming from the Matterhorn SeaStar drilling rig or is emanating from a second leak at the Deepwater Horizon (which many predicted last year might occur) remains to be seen.
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