Siphon

BP CEO: ‘Belt and Braces’ Approach to GOM Spill

With its “top hat” oil collection chamber waiting on the sea floor as a standby measure, BP plc on Friday was about to attempt a more promising tactic to siphon some of the oil leaking from its ruptured well 5,000 feet below the surface of the Gulf of Mexico (GOM).

May 17, 2010

BP Trying ‘Insertion Tool’ on GOM Well as ‘Top Hat’ Waits

With its “top hat” oil collection chamber waiting on the sea floor as a standby measure, BP plc on Friday was about to attempt a more promising tactic to siphon some of the oil leaking from its ruptured well 5,000 feet below the surface of the Gulf of Mexico (GOM).

May 17, 2010

With ‘Discretion,’ Fund Traders Siphon Gas Futures Lower Tuesday

Three times on Tuesday, the natural gas futures market tried to rally above Monday’s spike high, but each time the market fell short, opening the door for commercial and local traders to punish the market lower. Selling was also seen from selected fund traders who view the market as overvalued from a fundamental perspective.

December 10, 2003