I have no technical knowledge whatsoever about the oil industry. There has been much written over the past month about the BP fiasco in the gulf. Today, I stumbled upon the most lucid, illuminating analysis I've yet read. It's interesting. It's terrifying. It will take you 20 to 25 minutes to read, but it's worth the time.
www.theoildrum.com/node/6593/648967
www.theoildrum.com/node/6593/648967