Has BP oil spill seabed collapsed?

Not sure how reliable this is as I can't find anything in the newspapers yet, but it looks as if the seabed at the BP oil-spill has collapsed following a series of explosions, resulting in massive escape of oil.

Found the video screen-grab above at Harmony Central where there's an interesting debate. Speed Ball Blues writes : "Update: Here's a screen grab showing the new hole in the seabed. That's not the riser end from a new angle. This was grabbed while the ROV on the riser end was panning around. The BOP is over 600 feet away, so it is not that, either."

Does this mean an entire oil reserve is being released into the sea?

The BP live webcam has gone offline.

God help this planet if it's true.

Previously: BP incompetence, criticism of BP oil spill "UnAmercian", and volcano of oil unstoppable.

More pictures of seabed collapse

Heavy advanced technical debate as to what went wrong at Drilling Ahead, oil and gas professionals. The bits I can understand are fascinating.

BP Deepwater is the second largest oil deposit in the world, Daily Kos.

Gulf of Mexico: BP have been drilling on a tectonic plate prone to volcanic activity. More here.

Disturbing pictures of the effects of the oil as it reaches land.

Casing finally worn through 300 ft below seabed with oil finding new exits. This is bad.

Deepwater Horizon Response Unified Command

Obama government still issuing environmental waivers.

NOAA Gulf Spill Restoration website.

The Deepwater Horizon Oil Spill - History & Analysis

USGS Oil Spill Response

Criticism of BP oil spill "un-American": "Drill, baby, drill!"

Now, why does Rand Paul remind me of The Manchurian Candidate?

Kentucky's Republican Senate nominee and Tea Party darling, Rand Paul, who could kindly be described as "eccentric" by our wussy Brit standards, has gone all gooey over BP, defending the company and its gosh darn bad luck oil spill against that mean Barry Obama.

"What I don't like from the president's administration is this sort of, 'I'll put my boot heel on the throat of BP,'" Paul said in an interview with ABC's "Good Morning America." "I think that sounds really un-American in his criticism of business. ... And I think it's part of this sort of blame-game society in the sense that it's always got to be somebody's fault instead of the fact that maybe sometimes accidents happen," Paul said.

Now, I know practically zilch about US politicians and how they are financed, but are they in any way related? Has the oily one been greased in any way?

Gee, what's all the fuss about 11 dead workers, the Gulf Of Mexico nixed, Louisiana's coast turned into a wasteland, the livelihoods of entire communities gone, and the sea turned into a sewer, anyhow? Get real, people. We make money. And that's what makes the world go round. Or kills it. Same diff. Make like the planet and rotate. Accidents happen.

BTW, to our dear American friends, please don't blame us Brits for the appalling damage done to the planet by yet another greedy corporation. Most of us would gladly help you string up the guilty parties. Metaphorically speaking. They arrest you for making such jokes in these heah parts, our freedom of speech going much the same way as your beautiful Louisiana coastline.

UPDATE: Randall Paul, Son of Ron, also said he wouldn't have voted for the Civil Rights Bill. And he was only the third person in 62 years to pull out out of the prestigious Meet The Press current affairs debate show. The other two were Louis Farrakhan (1996) and Saudi Prince Bandar (2003).