Destin Oil Spill Update: Gulf Oil Information

Destin Oil Spill Update: Gulf Oil Information

Gulf Oil Information

Today the British Petroleum Commission charged with exploring what happened that lead to the explosion of the Macondo well deep in the Gulf of Mexico, released its preliminary report. The important conclusion of the report is that the federal government could have done a better job of informing the american public about exactly what was happening and how much oil was being leaked at the outset of the oil leak. Also, the idea that 75% of the oil had disappeared by the end of August was ridiculous. Most people knew right away that this was crazy--it doesn't just disappear!



Let's hope that we get a straight report that we can all believe and that tells us the truth going forward.

Navarre, FL Property Values

I cover the Navarre/FortWaltonBeach/Destin/Santa Rosa Beach area, and no one has a crystal ball. With the arrival of more military as part of the Base Realignment, as well as more contract workers to support this growth, I would expect that prices will probably not continue to drop. I showed two homes this morning in Navarre in Holley by the Sea that were priced at 76/sq ft and 85/sq ft. One is under contract and the other one has an offer on it. If it is in decent shape in a decent neighborhood, in this price range, they don't stay on the market very long!! Other than beach property, Holley by the Sea is the most popular location in Navarre, due to the amenities available at a nominal price.

Latest Information on Gulf Oil Spill

Approximately 112 miles of Gulf Coast shoreline is currently experiencing moderate to heavy oil impacts—approximately 101 miles in Louisiana, 9 miles in Mississippi and 2 miles in Florida. Approximately 497 miles of shoreline are experiencing light to trace oil impacts—approximately 231 miles in Louisiana, 90 miles in Mississippi, 62 miles in Alabama, and 114 miles in Florida. These numbers reflect a daily snapshot so that planning and field operations can more quickly respond to new impacts; they do not include cumulative impacts to date, or shoreline that has already been cleared.

Latest Update on BP Oil Leak In Gulf of Mexico

Subsea operational update:

The MC252 well has been shut-in since July 15; there is currently no oil flowing into the Gulf.

The DDII continues to conduct diagnostic tests on the MC252 well, and plans are being developed for final plugging and abandonment procedures as overseen by the Bureau of Ocean Energy Management (BOEM).

A lock down sleeve to secure the well MC252 well casing hangar and the annulus was successfully installed and tested Saturday, Sept. 11.

The DD III relief well drilling operations re-started today at 1:40 p.m. CDT.

Updated Sept. 13 at 2:30 p.m. CDT --for up to the minute information, go to http://www.destinhomerealtor.com/ or http://www.oilslickdestin.com/ or send email to MykeSaysSold@aol.com

EFFECTS OF BP OIL IN DESTIN FLORIDA SEPT 5

Unfortunately this was the appearance of the water at Henderson Beach in Destin Florida on Sunday, Sept 5 2010.  It is apparent that the problems created by the oil leak of the Deepwater Horizon Oil Disaster has not faded away, despite stories from BP and the Federal Government trying to convince us that all is well and that nature has taken care of the oil.  Thousands of Dead Sea Slugs, creating a horrible stench, also appeared today were also observed.  For more links and live information, continue to go to http://www.destinhomerealtor.com/

Oil Rig Explosion In Gulf

There has been an explosion of an oil rig off the Louisana coast this morning, September 2.  No one was killed, and all are accounted for.  This is not a deep well--340 Feet deep, which will make it much easier to deal with than the Deepwater Horizon  Explosion that released a huge amount of oil into the Gulf of Mexico.  The exploded rig is still on fire, but Coast Guard is on scene.  The workers were doing maintenance activities at the time.

For updated information, you can connect with live links through http://www.destinhomerealtor.com/.