Thanks for all the positive input. I sincerely hope that that this thread helps to enlighten other divers of the potential problem and how to go about handling it. Other than dumping weights, I don't remember a failure of this type ever being covered in several training classes I have attended. I may have missed something though.
Several questions have been asked up to now and I will try to answer them.
My BCD was checked on the surface as well as when I exited the boat. I even resurfaced to retrieve a forgotten item. I was on the bottom for several minutes before things went south.
I agree that I was probably heavy based on information I have retrieved from my logbook on previous dives.
With a couple of quick release weights as well as others that would take only a minute to get to, I could have lost 2-3 lbs easily at any time.
I thought about this option but decided that it wasn't necessary as I was making progress and my gas supply was in good shape.
Still, I will be lighter next time.
The BCD failed at the inflator connection on my left shoulder. It was a simple 3/4 inch screw on cap with a vent.
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Several folks have talked about a lift bag or sausage. Hate to say it but I just forgot it was there. I never trained for this event and was making it up as I went along..
Again, that is the purpose of this type of dialogue. It promotes thought so others can learn from our mistakes or short comings.
In retrospect, I agree I burned way to much gas attempting to swim up and intercept the anchor line off the bottom.
Even though I could see my line below me leading me to the anchor it was just too much work that added to the stress level.
I had a direct, marked route to the anchor and should have just crawled it out. Just didn't consider that option at the time. I will know next time.
There was a question about this event over a wall or very deep water. Probably wouldn't be solo there as well as looking to dump weight as a last resort if I had run out of the other options that have been mentioned here.
I don't see me or anyone I dive with ever diving again without some sort of additional buoyancy device and knowing how to use it after this experience.
Thanks for the advice and keeping it positive.