Obama admin slow to act on oil spill...

[B_talltpaguy]

^Plus, it's fun for the whole family!

 

[B_OtterJoq]

^It's a LOLSapalooza!

 

[conntom]

CBC News - World - BP vows to pay all costs of oil spill cleanup


BP steps up to say they will pay.

 

[B_talltpaguy]

BP steps up to say they will pay.

WOW! BP came out and stated the obvious... Boy oh boy, they sure are awesome.


ps... BP didn't 'step up' to jack shit imo. Does anyone believe for a second that the feds and implicated state governments didn't have their justice departments tell BP to be prepared to pay up, or else.

 

[deleted15807]

CBC News - World - BP vows to pay all costs of oil spill cleanup


BP steps up to say they will pay.

Right right.

Exhibit A:

BP told to stop circulating settlement agreements with coastal Alabamians

Alabama Attorney General Troy King said tonight that he has told representatives of BP Plc. that they should stop circulating settlement agreements among coastal Alabamians.

The agreements, King said, essentially require that people give up the right to sue in exchange for payment of up to $5,000.
​

 

[B_starinvestor]

Conntom-- There are remote controlled safety valves-- cost about $500,000 per well. The technology wasn't in place. Why?

Did it have something do with the Energy Policy crafted by VP Cheney and oil execs behind closed doors? Did it have something to do with Haliburton's construction contract on the well that blew up, burned down, collapsed, and commenced to gush?

How's that "Drill, baby, Drill" thingy working out fer ya, huh?

Actually, it was Transocean's offshore rig.

 

[B_starinvestor]

The government should act the same way it does when emergency services are called for individuals: fix the mess and present the client with a bill for services rendered. If they don't pay up, start freezing accounts and seizing assets.

BP has already indicated that it will be paying for the cleanup and damage.


How Much Will BP Have to Pay for Oil Spill? - CBS News

 

[B_starinvestor]

I actually agree with you here. Don't see why they couldn't have surrounded the spill with Navy ships, connected by whatever specialized netting is used to contain spills. Logistically, it wouldnt have been too much of a problem.

1. Fill your bathtub with water
2. Dump some oil in the south end of the tub
3. Put a net in the tub
4. Let me know if the 'net' stops the oil from getting to the other side of the tub.

 

[deleted15807]

1. Fill your bathtub with water
2. Dump some oil in the south end of the tub
3. Put a net in the tub
4. Let me know if the 'net' stops the oil from getting to the other side of the tub.

Wow something we can agree on. :smile:

 

[mikeyh9in]

I also love how the CEO of BP keeps telling everyone that will hear... "It's not our fault, but we'll clean it up."

Our shitty-ass, do nothing media should be yelling "Bullshit... I don't care that you sub-contract out the running of the rig (some call it outsourcing)... in my book, and every responsible CEO's book, it is totally your fault -- I don't care if you subcontract it to someone else... YOU are responsible, YOU are at fault for not monitoring *your* subcontractors"

He's trying to split hairs and deflect responsibility. It is childish and people need to call him out on it.

 

[B_starinvestor]

I also love how the CEO of BP keeps telling everyone that will hear... "It's not our fault, but we'll clean it up."

Our shitty-ass, do nothing media should be yelling "Bullshit... I don't care that you sub-contract out the running of the rig (some call it outsourcing)... in my book, and every responsible CEO's book, it is totally your fault -- I don't care if you subcontract it to someone else... YOU are responsible, YOU are at fault for not monitoring *your* subcontractors"

He's trying to split hairs and deflect responsibility. It is childish and people need to call him out on it.

Right - the CEO of BP should have donned scuba gear, dove to the bottom of the ocean, and supervised that subcontractor project.

Also, Obama should get off his ass and watch the guy filling the potholes on I-75 in Cincinnati. After all, it is a government job and if I wreck my car into that pothole, Obama better fucking take responsibility.

 

[FuzzyKen]

To me the interesting thing to watch is going to be the money. BP is "British Petroleum". If you remember, this is owned by the "Royals" and it will be interesting to see what kind of negotiations go on behind closed doors to keep the effervescent young princes rolling without labor of any kind not only in the dough of U.K. taxpayers, but in handouts from the U.S. Taxpayers as well.

I do not know who it was that manufactured the automatic check valve system and have not heard this revealed. Was it American Made or was it manufactured and designed overseas.

Right now all I see is that any costs passed on to BP will be passed on to the fuel pump. To them the disaster is simply a "cost of doing business" and the excuses for $5 per gallon fuel in the U.S. will reflect that.

We will not only feel this one at the pump we are going to feel this one very hard at the Supermarket as well.

We need to know who it was that placed their autograph on the policies that led to this.

This has the potential to make the Exxon Valdiz in the gulf of Alaska look like an eyedropper full and in addition an incredible amount of oil will be unable to be refined into things that are products. Instead it will be lying all over and fouling the entire gulf coast.

Time will tell who pays for what!

 

[HazelGod]

Right now all I see is that any costs passed on to BP will be passed on to the fuel pump. To them the disaster is simply a "cost of doing business" and the excuses for $5 per gallon fuel in the U.S. will reflect that.

Theoretically, this should be unlikely. Sanctions and penalties imposed on BP as a result of this spill will hurt the company's bottom line...but they aren't the biggest company in operation. In terms of oil reserves, they aren't even in the top 20. They lag behind all three major US outfits (XOM, Chevron, ConocoPhillips), and they're completely eclipsed by many South American producers and virtually all Middle East companies. Simply put, they don't have the weight to influence the market prices...not in terms of either crude oil nor of refined fuels.

If anything, I expect the stocks of their US competitors to bounce as a result of investors dumping shares of BP.

Personally, I don't think they should skate by on remuneration alone. I can't recall who first voiced the idea here, but I agree their US charter should be revoked and all their domestic holdings seized and liquidated, with those profits going into a public trust to fund research grants and subsidies for alternative, clean energy sources.

 

[B_talltpaguy]

Personally, I don't think they should skate by on remuneration alone. I can't recall who first voiced the idea here, but I agree their US charter should be revoked and all their domestic holdings seized and liquidated, with those profits going into a public trust to fund research grants and subsidies for alternative, clean energy sources.

'Twas I. :smile:

Except I don't foresee there being much, if anything left over for research after all damages are paid. The guilty parties need to be held accountable to pay every last cent that their actions cost everyone else.

 

[superbot]

Theoretically, this should be unlikely. Sanctions and penalties imposed on BP as a result of this spill will hurt the company's bottom line...but they aren't the biggest company in operation. In terms of oil reserves, they aren't even in the top 20. They lag behind all three major US outfits (XOM, Chevron, ConocoPhillips), and they're completely eclipsed by many South American producers and virtually all Middle East companies. Simply put, they don't have the weight to influence the market prices...not in terms of either crude oil nor of refined fuels.

If anything, I expect the stocks of their US competitors to bounce as a result of investors dumping shares of BP.

Personally, I don't think they should skate by on remuneration alone. I can't recall who first voiced the idea here, but I agree their US charter should be revoked and all their domestic holdings seized and liquidated, with those profits going into a public trust to fund research grants and subsidies for alternative, clean energy sources.

If you think that BP is such 'small fry' I suggest you need to do a little research,they are,quite simply one of the world's major energy companies.The lesson learned is that in the future they will be more wary of sub-contracting to hapless Americans!!

 

[B_talltpaguy]

^They're not even remotely big enough to be able to actively raise global oil prices on their own... If they try to raise their own prices at the pump, everyone else in the industry will cheer the demise of a competitor gone mad.

 

[BF2K]

what the fuck did they do ? 1994 law to use boom burners to burn the oil spill and no action, no equipment, let's try some objectivity here.

 

[HazelGod]

If you think that BP is such 'small fry' I suggest you need to do a little research,they are,quite simply one of the world's major energy companies.

Yes, because I'm notorious for just pulling things out of my ass without bothering to research any facts...

^They're not even remotely big enough to be able to actively raise global oil prices on their own... If they try to raise their own prices at the pump, everyone else in the industry will cheer the demise of a competitor gone mad.

This.

 

[cruztbone]

ONCE again, Hazelgod, you have it all wrong. Read Robert F Kennedy's article in todays Huffington post "sex, lies and oil spills". ONCE again, another environmental crisis, as RFK jr correctly points out , is due to energy monoliths like BP and George Bush (same as the mining disaster in West Virginia last month).
corporate monolpolism is NOT a valid form of economic growth or stability for America. When will you pull your head out of your ass and admit what is fact????????

 

[D_Fortumus Wigglesack]

Hey guys, I have an idea.

Let's use a catastrophe brought on by an oil industry that's never been adequately-regulated... and blame it on the guy who's been president for about 13 1/2 months. Makes perfect sense!