Gulf of Mexico Oil Spill

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Gulf of Mexico Oil Spill

Postby Caer Ibormeith on Mon May 03, 2010 7:54 am

The coast lines of Louisiana, Mississippi and Alabama are threatened by what will probably turn out to be one of the country's worst environmental disasters ever. It's not an ordinary spill. It's a leak in a well that's under 5,000 feet of water. No one knows how long it will take to mend the break, but it could take months. Already, dead and dying birds and sea turtles are washing up on shore. :smt093 :smt085

This is an economic as well as environmental disaster, since those waters provide a quarter of the country's seafood. Plus, they provide a living for local fisherman and businesses. BP (British Petroleum), which operates the well, is promising to pay for the cleanup. I hope they pay for lost incomes, too. This is a company known for safety problems. It's CEO is meeting with officials in Washington today. We'll see what happens.

There is a moratorium on any new drilling until this nightmare can be investigated and the cause for it is known.

I agree with one Congressman from the region when he said this is where "'drill, baby, dril'l" meets spill, baby, spill." It's devastating.

My heart is with the people of the region, who are facing another perfect storm, and the animals caught up in a life threatening situation not of their making.

http://www.cnn.com/2010/US/05/03/gulf.o ... tml?hpt=C1
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Re: Gulf of Mexico Oil Spill

Postby ukus on Mon May 03, 2010 8:32 am

Yes we are watching this very closely, it's a complete disaster and some woman not long after it happened (only caught part of it so couldn't tell you where she was from) was saying that there was no more oil gushing and it would be contained before it reached shore .... BLOODY LIAR!

It's another BP disaster but according to what Terry told me they rent the rig and it was the fail safe mechanisms that are supposed to shut everything down in case of an explosion that failed :smt006 .... (at least that is the way I understood it). I guess that is under investigation meanwhile they have to try and manipulate the shut off valves or they will have to find other means such as side drilling using another rig or something like a cap that contains it before it comes to the surface and sends it to storage tanks.

It is a horrible horrible accident but should not stop us drilling to be self sufficient. Kind of like we don't stop driving car's because people and wildlife are killed in accident's.

Naturally I'm gutted by all of the folks and wild life that suffer in the meantime :smt005
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Mon May 03, 2010 9:10 am

ukus wrote:It's another BP disaster but according to what Terry told me they rent the rig and it was the fail safe mechanisms that are supposed to shut everything down in case of an explosion that failed :smt006 .... (at least that is the way I understood it). I guess that is under investigation.


Yeah, I read that too the other day. Apparently BP lease the rig from another company, and I think they're claiming it wasn't actually being operated by them at the time- or the stuff they were doing on the rig when it happened, something like that. I guess it'll come out in the works, and probably both sides will try and blame each other. There was some other thing I read that said that some of the safety systems aren't as heavily regulated in the US- compared to paces like Norway etc. But Terry would know more about that. The media's sometimes not right on stuff like this.

Either way. Serious problem for BP- and they'll have to take responsibility for it. And of course, more importantly, horrendous environmental disaster.
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Re: Gulf of Mexico Oil Spill

Postby JuanaLaLoca on Mon May 03, 2010 9:38 am

We need better regulations to prevent this kind of thing from happening in the future. Of course, even better regulation might not totally prevent future disasters, but I believe that if the regulations that are in place in other parts of the world had been in place here, this could have been contained without massive damage. Special interests in Washington should not be allowed to avoid regulation in favor of bigger profits.

Ironically, this happened just after Obama had announced a decrease in restrictions on offshore drilling, to enable more domestic production, and now he has had to kind of back off on that.

On a related front (domestic energy), they are finally going to go ahead with the wind farm off of Nantucket. I wonder if the way was eased with Ted Kennedy's death, since he was one of the major opponents. I'm glad; clean, renewable energy will be of great benefit.
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Re: Gulf of Mexico Oil Spill

Postby ukus on Mon May 03, 2010 10:08 am

My Terry is off to Louisiana tonight (just now had a phone call) to meet tomorrow morning and talk about the clean up with some collegues. See if there is something they can do.

I think he said that one of the companies that rented this rig to BP was Halliburton..... but you are right Dragon BP have to take responsibility for this one as there are so many variables as to why the valves failed.

Having worked in Europe he totally disagrees about safety regulations not being as strong here. It used to be so but since the mid eighties Safety is the prime issue on refineries followed by cost and then quality. Osha (Occupational Safety and Health Admin.) used to to have to make appointments to go on site but not so in present day. There are a great many safety procedures in place and great effort is made to adhere to them. All employees have to go through training, and drug testing before being hired.
Now there are certain regulations that might not have been followed such as whoever made the stupid decision at BP to have Jacobs put their trailer's where they did, on the Texas City refinery. That was why there were so many deaths. It was stupid but you can't monitor every single little thing on all refineries 24/7.
Like everything else equipment can fail, individual humans can make mistakes and bad choices. Hopefully most things are caught before a problem arises but when they aren't, disaster can happen.
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Re: Gulf of Mexico Oil Spill

Postby SilverMiniCooperS on Mon May 03, 2010 11:59 am

Karen, I don't think Halliburton owns that rig -
The Deepwater Horizon, is owned by Transocean and leased to BP
.

http://en.wikipedia.org/wiki/Transocean

At first BP tried to place the blame on Transocean as they own the rig, but the government wasn't having any of that. BP isn't the most popular oil company around here following the Texas City explosion and they have had some other 'mishaps' which didn't result in deaths.
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Re: Gulf of Mexico Oil Spill

Postby ukus on Mon May 03, 2010 12:18 pm

My mistake Halliburton worked on the rig. I know Terry mentioned them in some capacity as part of the pointing finger's equasion!

NEW YORK, April 30 (Reuters) - The cost of insuring debt of Halliburton Co and Transocean Inc against default rose sharply on Friday amid mounting worries about potential liability related to an oil rig accident in the Gulf of Mexico.

Switzerland-based Transocean Ltd (RIG.N) (RIGN.S) operated the oil drilling rig that exploded in flames on April 20 and collapsed two days later, leading to massive oil spill. Halliburton (HAL.N) has said it did a variety of work on the rig.

Credit default swaps on Halliburton rose by 11 percent on Friday to about 71 basis points, while swaps on Transocean Inc. climbed 6 percent to about 95 basis points, according to data from Markit Intraday. Rising credit default swaps indicate investors see greater credit risk at the companies.

Halliburton's credit insurance costs have risen by about 27 percent since the accident, while Transocean's have surged by 46 percent. (Reporting by Dena Aubin; Editing by Theodore d'Afflisio)


I shouldn't think BP stocks are doing so swell at the moment either not to mention their insurance cost's rising.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Mon May 03, 2010 12:34 pm

SilverMiniCooperS wrote:At first BP tried to place the blame on Transocean as they own the rig, but the government wasn't having any of that.


I have a feeling the US Government is doing that to deflect any immediate criticism on itself- which is inevitably, or rather potentially, going to happen as well (regardless of whether rightly or wrongly). People are going to point fingers all over the place. BP didn't act fast enough, the US Government also didn't act fast enough etc etc. Yadda yadda yadda.

I read this, this afternoon. I thought it was quite interesting, though I'm not sure how 'biased' it is because it's from The Guardian (they don't like Halliburton). There's a lot of speculation going around over several players in the game. I guess it will all come out in the works eventually.

Tony Hayward, BP chief executive, has stressed BP accepts its role as "responsible party" for the clean-up and has pledged to cover all "legitimate and objectively verifiable" losses caused by the disaster. Yet BP is privately seeking to draw a distinction between the Texas City tragedy, where it was found directly responsible, and the Deepwater disaster, where Swiss firm Transocean was drilling on its behalf.

While the cause of the leak remains unclear, speculation centres on two areas: the "cementing" process to secure the well walls – work that contractor Halliburton insists was completed 20 hours before the accident – and the "blowout protector". The equipment, supplied by US firm Cameron International, "is the ultimate failsafe mechanism", Hayward said. "And for whatever reason, it failed to operate."


http://www.guardian.co.uk/business/2010 ... -oil-spill

Whatever happens, whether BP are fundamentally directly to blame or not- or someone else is, they've got a major PR issue (or rather potential disaster!) on their hands. Gonna be a hell of a lot of lawsuits going forward, and a lot of throwing blame around...
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Re: Gulf of Mexico Oil Spill

Postby Natasha on Tue May 04, 2010 8:21 am

My heart just breaks for the LA, MS and FL Gulf coast even though selfishly I am glad the oil is not going to wash up on Galveston beaches. I have a friend who was engineering manager for Cameron, the company that manufactured the faulty valve and she has been sick over this. Thankfully the valve was not one she was responsible for but her co-worker was. She left the company last year when she had a baby but she told me that this has really made her think about returning to work. She'd feel personally responsible for the lives lost and the resulting oil spill. Her husband works for BP. It's been rather somber in their house recently. I have been watching what is going on in the gulf this week and just can't believe that there are people out there who want to drill in the ANWR. I'm an oil industry brat. My father has worked for various companies for over 40 years. He's been in E&P and R&D. I just can't support increased off shore drilling. The risks are not worth the pay off. The LA gulf coast is just bouncing back from the double hit of hurrican's Katrina and Gustav. They certainly don't need this to deal with too.
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Re: Gulf of Mexico Oil Spill

Postby ruexperienced on Fri May 14, 2010 8:12 am

I have to say I think the impact of this oil spill will be more than treble the damage the Exxon Valdez ever did.

I was devastated to see some video of a pod of dolphins swimming below the oil slick trying to get to the surface.

It's obvious this was just a small sample of the devastation wrought first by BP and secondly by the pathetic response of the US government.

People like to run their mouths over George Bush's response to Katrina and rightfully so.

But Obama sat on his fucking hands while this spill got out of control and this will be his Katrina, of that I have no doubt.

Leadership is what we need in situations like this and we are clearly not getting anything that even remotely resembles that.

The Republicans also have not one suitable option to challenge Obama, so this country is headed into a long, downward spiral of debt and economic despair.

The impact of the spill on the Gulf Coast will also be more than we can all bear.

We MUST find a way to alternative sources of fuel or face an extraordinarily grim future where these kinds of environmental disasters happen again and again.

Not good.

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Re: Gulf of Mexico Oil Spill

Postby tonyrockyhorror on Fri May 14, 2010 1:28 pm

You won't see that in the press because all Obama had to say was that he was on it from "day1" and that was good enough.

Interesting though, some of the press are finally catching on to his act. What Obama says and what he does are two entirely different things.

This is a scathing editorial that appeared in the Daily News today.

http://www.nydailynews.com/opinions/201 ... _york.html

The Daily News endorsed Obama in the election.

In fact, he's a big fat hypocrite for comming here to raise cash from the very people he called the fat cat bankers and Wall streeters.

He is transparent.
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Re: Gulf of Mexico Oil Spill

Postby ukus on Fri May 14, 2010 6:57 pm

Ya know what .... when Galveston got hit, one of our local News investigators found out that people in power (state government positions) used the crisis to feather their own nests and made it a lucrative business for family/friends.

I reckon the same is going on with this crisis. I've been totally f**king disgusted by what my Terry has found out going into Louisiana and the states now being threatened by this oil slick.
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Re: Gulf of Mexico Oil Spill

Postby ukus on Sun May 16, 2010 10:47 pm

Tonight's 60 minutes

Just get past the first couple of minutes advertising......

http://www.cbsnews.com/video/watch/?id= ... contentAux
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Re: Gulf of Mexico Oil Spill

Postby SilverMiniCooperS on Mon May 17, 2010 9:22 am

I watched that last night! :smt008 Mr. Williams it seems will be the star witness in this whole mess. I'm not sure he'll get another job in his field again - but he should get a position in the safety field - given some authority to back him up, he'd be terrific.
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Re: Gulf of Mexico Oil Spill

Postby SilverMiniCooperS on Mon May 17, 2010 1:15 pm

Another chemical plant fire - going on as I type...



http://abclocal.go.com/ktrk/index

This is getting to be a common occurrence these days.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Mon May 17, 2010 1:35 pm

Thanks for putting that up Karen. I watched it. That's shocking stuff.
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Re: Gulf of Mexico Oil Spill

Postby ukus on Mon May 17, 2010 2:25 pm

Eye opener isn't it?

My hope is that Mr. Williams sues and never has to work again.
The fact after all he had gone through and then could have left on the lifeboat but instead did his duty to report and help while others sailed off in the lifeboats leaving colleagues on that rig shows the character of the man. I am so glad he survived his 10 story jump into an oil slicked sea that was afire and lived so he could tell his tale.
What a very decent human being, his family should be very proud of him.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue May 18, 2010 1:31 pm

ukus wrote:Eye opener isn't it?


Yep. I never really fully trust tv documentaries on commercial television, as they're also always trying to 'sell' a product as well, but it currently looks like there's one giant smoking gun there with BP, and to a degree Transocean. This seems to be an often repeated problem with big conglomerates and some large multinationals. A breakdown of structural, or operational, responsibility within a company. They sometimes become too large to manage their operations properly. BP merged with Amoco (American Oil) about ten years ago- which made it one of the very biggest international companies/multinationals on the planet. It seems there's been some serious, repeated, safety issues again and again since then with some of their operations- particularly in North America. You can pick up other aspects from the past with some of these these giant companies- like Bhopal with Union Carbide (which was shockingly horrendous- it makes me sick to even think about it), or just on a business level - like Microsoft - with the way they introduce crap products and then get away with it because they have a complete monopoly on the world market, to the way some large airlines operate in business utterly immorally- as British Airways have sometimes done alongside some of their US equivalents in the past, and of course some of those giant investment banking companies that managed to completely bugger the world economy. I'm not saying all multinationals or giant corporations are bad, and I'm in no way anti-business. But some of the stuff that does happen with some of them pisses so many people off.

To be honest I wish Government's would show more support to medium sized and small businesses, than with some of these giant international behemoths who can sometimes cause the most damage, or act the most irresponsibly.
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Re: Gulf of Mexico Oil Spill

Postby cotoole on Tue May 25, 2010 2:30 pm

We are now over 1 month into this environmental disaster, and yet, the blame Obama claims are almost non-existant. Had President Bush been in office, we would have been subject to over a month of blame Bush and his ties to evil "big oil". Yet, it's been shown Obama was BP's biggest benificiary, and, still no cries about how he is in bed with BP and not pushing them to stop the oil flow because of it.

To be fair, I have heard the Obama Administration try to blame Bush, so we do have that to fall back on.

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Re: Gulf of Mexico Oil Spill

Postby tonyrockyhorror on Tue May 25, 2010 3:02 pm

Yep, they pulled Bush out of the hat.

He's supposedly having a press conference on Thurs. This is something he avoids like the plague because he can't read off the teleprompter.

Hs got some tough spin on his hands, there he was, with his people, rushing to get out the word that he and his administration were on the situation from "DAY ONE". Now he's got to explain exactually what he was on.
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Re: Gulf of Mexico Oil Spill

Postby cotoole on Tue May 25, 2010 3:22 pm

Hey, on the bright side, Beloved Leader will be taking another vacation, his second since the oil disaster, so, we know he'll be well rested when he continues to deflect blame.

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Re: Gulf of Mexico Oil Spill

Postby wakeyboy on Tue May 25, 2010 4:45 pm

Well its rather ill timed of Obama to be taking vacations at a time like this, but there will always be some kind of disaster, challenge, crisis or issue going on and hes entitled to his vacations. Bush took LOTS of vacations too.

Yes, I brought up Bush. But you cant have a double standard Chris.
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Re: Gulf of Mexico Oil Spill

Postby cotoole on Tue May 25, 2010 5:07 pm

I have no issue with your bringing him up in this circumstance. To be perfectly honest, I really have no issue with Obama's handling of the oil spill. I am disappointed it is going so slowly, but, BP has more "knowledge" in how to handle this situation than the federal government. And more technology. However, as I pointed out, had Bush been the President, the people on the left would not be nearly as generous as I am being, nor would they be as quiet as they are being now about the Obama Administration's handling of the situation.

I am deeply concerned about the environmental impact of this disaster, and I am afraid the wrong lessons will be learned. The lesson to be learned here is we need to stop drilling in deep water until or unless we gain the technology to handle a situation like this more expediantly. Also, we need the rig owners and operators to stick to safety policies & procedures, which were violated in this case. If it takes government oversight I am moderately opposed, but, because of the dangers involved to our environment and economy, I reluctantly concede it needs to be done. However, this case also highlights the dangers of a big government with too much latitude to operate, with out close oversight by the people.

For the time being, we need to stick to drilling on the continental shelf, and, we need to clean up the government oversight so they are not so chummy with the oil companies and actually inspect the rigs for compliance. Smaller government, that answers to the people, not controls them would keep this sort of thing from happening. But, we do need ot drill, and we need to do it in AMWR and on the continental shelf.

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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue May 25, 2010 5:18 pm

I'm British, but I've got to say BP have been fuckers in the way they've dealt with this. Yes, they are trying to deal with the problem- and they've taken 'responsibility', but they've been a bunch of arseholes all the same. When they won the drilling rights to exploit that area for mineral resources- and boasted about how good they are at very deep drilling, and are so 'responsible' environmentally- they should have actually lived up to what they claim.
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Re: Gulf of Mexico Oil Spill

Postby kitchenwitch on Wed May 26, 2010 5:17 am

The problem with drilling in AMWR is that they really don't think there is that much oil there to make much of a difference. But I'm sure there is enough there to totally fuck up the environment in the process of finding it. Any promises made that the drilling will be done in an environmentally sensitive way have no credibility at this point in time regardless of who is doing the drilling.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Wed May 26, 2010 7:00 am

Looks like that CBS Williams story has been reported over here as well.

http://www.timesonline.co.uk/tol/news/w ... 128842.ece

They're still arguing as to who's fault it is.

http://www.timesonline.co.uk/tol/news/e ... 136969.ece
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Re: Gulf of Mexico Oil Spill

Postby SilverMiniCooperS on Wed May 26, 2010 1:13 pm

The Top Kill procedure started a couple of hours ago. Lets hope and pray that this works.

We just cannot wait until August if this fails.
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Re: Gulf of Mexico Oil Spill

Postby cotoole on Sat May 29, 2010 11:41 am

I think I know the problem, President Obama misunderstood, he was told we had a Gulf problem, and immediately, he hit the links to work on his Golf game. Clearly, he was confused. Next time, his advisors need to spell it out for him.

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Re: Gulf of Mexico Oil Spill

Postby cotoole on Sun May 30, 2010 7:29 am

Pelosi blames Bush for oil spill
Thu, 05/27/2010 - 23:04 TALK RADIO NEWS SERVICE

WASHINGTON - House Speaker Nancy Pelosi attributed any lack of oversight surrounding the massive oil spill off the Gulf Coast to the previous presidential administration during a press conference Thursday.

“Many of the people appointed in the Bush administration are still burrowed in the agencies that are supposed to oversee the [oil] industry,” Pelosi said when asked if Democrats could have prevented or mitigated the crisis by keeping a closer watch on the industry.

"The cozy relationships between the Bush administration’s agency leadership and the industry is clear.”

While Republicans have challenged President Obama’s response to the disaster, Pelosi said she has not encountered any criticism from her side of the aisle.

“I’ve heard no complaints from my members about the way the president has handled it,” Pelosi stated.

Pelosi’s remarks followed the resignation of Elizabeth Birnbaum as director of Minerals Management Service, the agency with regulatory authority over companies that perform off shore drilling

http://paltalknewsnetwork.com/node/3193

(Birnbaum was an Obama Appointee)

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Re: Gulf of Mexico Oil Spill

Postby cotoole on Sun May 30, 2010 7:31 am

In a related story, today Nancy Pelosi announced that the House passed a resolution changing the name of the San Andreas fault to Bush's Fault. After all, it must be.

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Re: Gulf of Mexico Oil Spill

Postby JuanaLaLoca on Mon May 31, 2010 1:28 pm

cotoole wrote:In a related story, today Nancy Pelosi announced that the House passed a resolution changing the name of the San Andreas fault to Bush's Fault. After all, it must be.

Chris


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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 8:01 am

I read this today. Mathew Lynn has GOT to be joking..!

http://www.bloomberg.com/apps/news?pid= ... hdg31PUmp8
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Re: Gulf of Mexico Oil Spill

Postby Caer Ibormeith on Tue Jun 08, 2010 8:54 am

mr dragon wrote:I read this today. Mathew Lynn has GOT to be joking..!

http://www.bloomberg.com/apps/news?pid= ... hdg31PUmp8


:smt012 I would guess that it's satire, Ben.

On another strange, yet expected note, BP is trying to mend its reputation by taking out full page ads in the New York Times, and having CEO Tony Hayward make sympathetic commercials like this one:

http://www.youtube.com/user/BPplc?v=KKc ... commercial

It's intersting that this came after BP's stock took a major hit.

And, he better believe that BP is going to foot the bill for the catastrophic mess it made.
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Re: Gulf of Mexico Oil Spill

Postby tonyrockyhorror on Tue Jun 08, 2010 9:20 am

Satire? Seriously doubt that.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 9:46 am

Yeah, I think you're being overly generous there Sandy- but respect to you for doing so. He wrote it slightly in sarcastic way, so I don't think he's being completely serious. But, if I were an American, I'd be pretty pissed off with a British journalist writing something like that.
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Re: Gulf of Mexico Oil Spill

Postby Caer Ibormeith on Tue Jun 08, 2010 12:10 pm

mr dragon wrote:Yeah, I think you're being overly generous there Sandy- but respect to you for doing so. He wrote it slightly in sarcastic way, so I don't think he's being completely serious. But, if I were an American, I'd be pretty pissed off with a British journalist writing something like that.


Yeah. It's hard to believe that anyone could be that mean spirited.
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Re: Gulf of Mexico Oil Spill

Postby SilverMiniCooperS on Tue Jun 08, 2010 12:20 pm

I am really surprised that Bloomberg would actually publish that. I don't think it was satire either.

On another note, I heard today that Tony Hayward's family is under police protection due to all the death and other threats.
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Re: Gulf of Mexico Oil Spill

Postby JuanaLaLoca on Tue Jun 08, 2010 12:21 pm

Didn't BP also hire Roger Ailes to be one of their spin doctors?
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Re: Gulf of Mexico Oil Spill

Postby Caer Ibormeith on Tue Jun 08, 2010 12:25 pm

SilverMiniCooperS wrote:On another note, I heard today that Tony Hayward's family is under police protection due to all the death and other threats.


I'm angry at BP, but this is horrible if true. Nobody deserves to be threatened with violence.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 1:04 pm

Yeah, unfortunately it's true. I read that as well today. They're getting a lot of abuse and threats from some nutters. Hayward isn't even there- he's been in the US for most of the time. It's not his family's fault that it happened, and they have children. Unfortunately they've had to put them under Police protection.

JuanaLaLoca wrote:Didn't BP also hire Roger Ailes to be one of their spin doctors?


Not sure Juana. Though it should be noted that BP America actually came about from the merger with Amoco and BP about ten years ago- so much of the US State side of the company would be run and staffed by Americans who also deal with issues and lobbying etc within the US. I'm not excusing BP as a British multi-national by saying that in any way, by the way, because the buck stops right at the top in London.

I don't know whether it's over for BP in the US now- and quite frankly I completely understand why it could be so. There are big problems with that though. 60 % of BP's revenue is earned in the US (according to what I've read) and BP's one of the world's largest companies. They're like the second biggest company on the FTSE Stock Exchange. They've already lost a third of their value in stock, and that has major implications for normal people's pension funds etc.
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Re: Gulf of Mexico Oil Spill

Postby Caer Ibormeith on Tue Jun 08, 2010 1:11 pm

Do you think there'll be a backlash against BP in Britain because of all the lost income? I can't believe people about to retire with their pensions in FTSE would be all that happy.

On a not too unrelated note, I have heard that British companies with rigs in the North Sea are planning safety inspections. It's a good idea. All oil companies should be reexamining there safety standards right now.
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Re: Gulf of Mexico Oil Spill

Postby Caer Ibormeith on Tue Jun 08, 2010 1:19 pm

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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 1:30 pm

Caer Ibormeith wrote:Do you think there'll be a backlash against BP in Britain because of all the lost income? I can't believe people about to retire with their pensions in FTSE would be all that happy.


To be honest I'm not sure Sandy. It hasn't stopped me from using BP garages- but I'm over here in the UK. I'm not an every day American who's clearly much more emotionally involved with the impact of what has happened on their own doorstep. If I were an American (at least right now) I'd probably feel very inclined to go out of my way not to buy from BP if I could help it. I think that's 100 per cent understandable. But do I want BP to fail as a company, as a Brit? No, I probably don't. The implications of that happening will have a negative consequence for so many people who aren't even involved with the company (or are employed by them- but not responsible for what happened), and it will cause problems on the world stock exchanges. I don't think that's going to ultimately happen, but BP have so much to do to rebuild their image in the US (and also worldwide) it does bring a lot of questions to the fore.

Can they re-build their tattered reputation in the US? I don't know. So much damage has been done. They'll have to climb a mountain to do that. I guess a good place to start would be to put a significant amount of future profits they may receive from the new well head, in that area, into helping put right the environmental damage that's been done over the next few years. Whether that will happen is anyone's guess. They certainly need to be seriously punished though.
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Re: Gulf of Mexico Oil Spill

Postby tonyrockyhorror on Tue Jun 08, 2010 1:41 pm

I think this all stems from Obama's new tact of daily, I'll make them pay, I'll throw them in jail, I have my boot to their throat, I want to know who's ass to kick.

This is really embarrassing, this is the best he can do.

This is a national disaster and Obama bares a lot of blame.

Fine, he can't stop the spill, leave that to BP, but he could, and should have immediatly assessed the situation, and began working on useing the country's assets, whatever necessary, whatever it takes, to contain this mess from "Day One". He didn't.

He played the fiddle.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 2:36 pm

tonyrockyhorror wrote:I think this all stems from Obama's new tact of daily, I'll make them pay, I'll throw them in jail, I have my boot to thir throat, I want to know who's ass to kick.


To be honest with you Tony, none of my comments have anything to do with Obama or what he's said. I actually thought the 'I'll put the boot to their throat' comment he came up with was a bit childish and sounded a little 'American' as a response. It was clearly said to make Americans feel 'satisfied' somewhere with the US Govt. Generally it seems many Americans (though not all) seem to like all that in the moment so called 'tough' talk from their politicians. George Bush anyone?

My view is just pretty simple, and it comes from a British perspective. BP are a major multi-national company; one of the top ten largest companies on the planet. They also happen to be British based and UK registered and have my countries name stamped all over them- even though BP America came about from a merger with Amoco. I want UK based companies to be very successful, and also leaders in the world in whatever they do. It makes me proud to be British when I see that. BP used to be thought of as one of those genius companies that could do what no one else could do- ie do very deep ocean oil extraction. However, if a British company (even if it's a large multi-national) steps out of line and bears the brunt of responsibility for the horrendous damage and level of neglect that BP have seemed to manage to achieve, which caused this disaster in the first place, I think they should be punished for corporate irresponsibility. And by that I mean I think they should have to actually pay for what they did, not necessarily be destroyed as I guess some people would like. My comments have nothing to do with the US President's responsibility in this case for also dealing with the emergency either 'badly' or 'well'- as in not from my own point of view as a Brit. That's an alternate issue for Americans to deal with.

Anyway, just a side issue off topic. Anyone notice that, what was Union Carbide- now part of Dow Chemicals, got off fuckin' easy once again in the recent court cases involving the deaths of probably about twenty thousand Indians in Bhopal, and half a million severely effected, from the awful events from their plant back in 1984. There was virtually no real responsibility taken in that case, by that company, for the consequences of what they did. Compared to what's going on with BP right now- it kind of fades into insignificance compared to Bhopal.
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Re: Gulf of Mexico Oil Spill

Postby tonyrockyhorror on Tue Jun 08, 2010 2:44 pm

mr dragon wrote:
tonyrockyhorror wrote:I think this all stems from Obama's new tact of daily, I'll make them pay, I'll throw them in jail, I have my boot to thir throat, I want to know who's ass to kick.


To be honest with you Tony, none of my comments have anything to do with Obama or what he's said.


Sorry for the confusion, my comment was in response to the link you posted and had nothing to do with your comments.
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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 3:10 pm

No worries Tony. Apology accepted.

To be honest certain American citizens negative 'issues' with the Obama Administration's actions within in the US are really an issue for Americans to hash out. It has nothing to do with me. The only thing I really care about, in this particular case, is the damage a British based company might have done to the planet. That's what upsets and frustrates me. We have so many great companies in the UK big or small- which do us proud and often set really good examples for business. When a major British company has acted in this way- as BP has, it's kind of heartbreaking somewhere.
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Re: Gulf of Mexico Oil Spill

Postby tonyrockyhorror on Tue Jun 08, 2010 3:21 pm

Sorry for the confusion, my clarification was, in no way, shape,or form meant to be an apology.
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Re: Gulf of Mexico Oil Spill

Postby cotoole on Tue Jun 08, 2010 3:37 pm

At this point, I am not interested in boycotting BP, I want to see if they take responsibility. So far, they claim they will, but, the fact is they have been mis-leading us from day one. It remains to be seen if they will finish the job. I have boycotted Exxon since the Valdez incident, not because they had an accident, but because they did not step up to the plate and finish the job.

Unfortunately, I seem alone in my boycott.

By the way, hear about the other leaking platform? It seems we have not been told there has been another leak since April 30th.

http://blog.al.com/live/2010/06/another_gulf_oil_spill_well_ne.html

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Re: Gulf of Mexico Oil Spill

Postby mr dragon on Tue Jun 08, 2010 3:53 pm

cotoole wrote:By the way, hear about the other leaking platform? It seems we have not been told there has been another leak since April 30th.


Yeah there's loads of big issues with the major large oil conglomerates Chris. Shell (a Dutch/UK) company have these major oil leaking issues in the Niger delta. Doesn't get reported in the same way as the BP spill currently has, but this stuff goes on all the time with many of the major energy extraction players. I'm not all 'leftist' about this stuff. We need oil. But I'm really sick of some of the levels of irresponsibility some of these companies actually allow. Bottom line to me is; if were gonna have to pay more for the resource to be extracted more responsibly with less of these environmental issues- then we're just gonna have to stomach it. However there are more legitimate, better and more responsible creative ways to make things more competitive and cheaper in business that work well. But fucking the environment isn't one of them.
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