{"id":548256,"date":"2010-04-30T17:09:37","date_gmt":"2010-04-30T21:09:37","guid":{"rendered":"http:\/\/seattletimes.nwsource.com\/html\/northwestvoices\/2011748513_drillingconcernssparkafteroilplatformexplosioningulfofmexico.html?syndication=rss"},"modified":"2010-07-19T20:22:48","modified_gmt":"2010-07-20T00:22:48","slug":"drilling-concerns-spark-after-oil-platform-explosion-in-gulf-of-mexico","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/548256","title":{"rendered":"Drilling concerns spark after oil-platform explosion in Gulf of Mexico"},"content":{"rendered":"<p><strong>Fundamentally useful inventions could have prevented accident<\/strong><\/p>\n<p><span style=\"text-decoration: underline;\"><\/span>\u201cOil-platform explosion illustrated risks of Gulf of Mexico drilling\u201d [News, April 28] describes a \u201cnightmare scenario\u201d and questions whether a \u201clevel of perfection\u201d could be achieved for such deep-water drilling.<\/p>\n<p>Instead, our firm has proposed and patented, the Subterranean Electric Drilling Machine\u2122 that is designed to drill laterally 20 miles. Much longer distances could be achieved so, such oil reservoirs in the Gulf of Mexico could be reached from shore or from shallow rigs. That would prevent such deep-water disasters.<\/p>\n<p>Machines could also drill underground from outside the boundaries of the Arctic National Wildlife Refuge to oil reservoirs. But this machine is not being developed primarily because of the opportunity costs associated with firms such as Goldman Sachs spending excessive time and energy on \u201csynthetic collateral debt obligations\u201d and similar nonsense.<\/p>\n<p>Other local firms such as Intellectual Ventures of Bellevue also seek to pioneer inventions that are fundamentally useful. It would be interesting to determine if they have been similarly adversely affected by the ongoing nonsense on Wall Street.<\/p>\n<p>Using funds for real investment purposes would again unleash the inventive genius of this nation that will produce many unforeseen benefits.<\/p>\n<p><em>\u2014 W. Banning Vail, president of Smart Drilling and Completion Inc., Bothell<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fundamentally useful inventions could have prevented accident \u201cOil-platform explosion illustrated risks of Gulf of Mexico drilling\u201d [News, April 28] describes a \u201cnightmare scenario\u201d and questions whether a \u201clevel of perfection\u201d could be achieved for such deep-water drilling. Instead, our firm has proposed and patented, the Subterranean Electric Drilling Machine\u2122 that is designed to drill laterally [&hellip;]<\/p>\n","protected":false},"author":2861,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-548256","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/548256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2861"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=548256"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/548256\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=548256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=548256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=548256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}