BP FINALLY CAPS WELL- A VERY GOOD THING!

By
Real Estate Agent with Sweetheart Realty

Seeing that cap on BP's well in the Gulf of Mexico was a relief for Gulf Coast residents and Americans in general.  We all should breath a sigh of relief and pray that this cap will hold, and the cleanup will be successful and all the oil will be cleaned up and everyone can get back to normal.

If the cap doesn't hold, or if there is a leak, BP may have to remove the cap and gallons of oil will spill into the Gulf again, jeopardizing the livelihood of millions of Americans.  The tourist industry in 5 states is badly damaged, the fishing industry will take years to recover,  and birds and sea creatures in the area were harmed by the floating oil.That would be disasterous for the Coastal area.

The only seemingly good thing to come out of this disaster was the low price of gasoline, especially during this vacation season.  That helps working families who could ill afford to pay $3-$5   for a gallon of gas. The low price keeps Americans in their cars, driving to tourist destinations, or local weekend trips to the country.  That is good for the Real Estate Industry, already badly damaged by the financial crisis of 2007-2008.  When I see the cars and motorcycles coming into Bandera for the weekend, I am thankful.  That means some of them will like it here and want to stay, want to buy a home here, land here, and that is a very good thing.  Please do get in your car and come on over- Bandera is a great place to visit.

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Robert (Vegas Bob) Swetz
REALTY ONE GROUP - LAS VEGAS, NEVADA 702.443.7156 - Las Vegas, NV
Commercial & Residential Real Estate Agent

Great news Mary!

Vegas Bob

July 18, 2010 07:54 PM #1
Rainmaker
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Anne Clark
Metro Referrals - Gainesville, VA

I've been watching Fox News Channel discuss this cap today.  They kept using the phrase "cautiously optimistic."  After such a bad series of events, I don't think anyone is going to believe this is the fix until the pressure in that well rises.  Sounds like BP is concerned the oil could be leaking other places since the pressure isn't coming up very fast.

July 18, 2010 07:56 PM #2
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Hi Mary Jo, I am cautiously optimistic too, until the relief well is proven to finally seal the leak.  We're all hoping for the best, and hopefully the clean-up process goes well.

July 18, 2010 08:38 PM #3
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Mary Jo Schaffer

Bandera Texas Real Estate
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