Re: Oil Rig explosion/Gulf Oil Spill I hear ya, but if we don't buy their gas, then how are they going to be able to continue footing the bill? That's my only concern. And if they don't pay for it, then the government, which is already broke, will end up doing it. I know they probably have billions in reserve, but it's probably going to take all of that and then some, even if they're able to cap the damn thing. If it's not capped until August, then the whole Gulf Coast is ruined anyway. And, if a hurricane or even a TS comes along and pushes all that crap way further inland than anticipated... well, I don't even want to think about that.
Re: Oil Rig explosion/Gulf Oil Spill two things... one, yes, they likely have billions in reserve. two, there are some laws that place limits on how much they have to pay, that if those laws apply, they will still have billions in reserve. on top of that, look at what happened with the judgements on the exxon valdes. it was cut a couple of times down to a fraction of the original judgement. i dont see bp not appealing any lawsuit they lose and the same thing possibly happening in those cases.
Re: Oil Rig explosion/Gulf Oil Spill Man, can you imagine if they use those laws to limit their liability? And they probably will. Legally, they can do it, but the morally they have a responsibility, along with the other involved, to clean it up. In the court of public opinion, they will lose and I will MOST DEFINITELY boycott any and all things BP.
Re: Oil Rig explosion/Gulf Oil Spill yes and no all your major oil companies contract out their labor in the gulf. the companies they contract all have their own sets of procedures and guidelines to follow. Haliburton was doing the cementing for this particular job. If a test, or procedure went wrong out there, those guys would have contacted Haliburton, not BP. BP may have never known anything was wrong until the explosion happened. There was probably very little (if any) direct contact between BP and Haliburton outside of the original agreement for Haliburton to do the job for them. everyone does get share of the blame. unfortunately, in the court of public opinion, only BP is getting slammed right now. the missing data falls on Transocean's shoulders. like I said earlier in this post, BP probably had no idea there was ever any problems until after the fact. BP actually has a very, VERY good track record when it comes to safety and environmental protection. And if anyone thinks BP isn't doing everything they can to stop/fix this, they're kidding themselves. All of these oil companies think "big picture" when it comes to money. They don't care what it costs right now. They care what it costs long term. The estimated $5-8 million per day this cleanup effort is costing them doesn't include money lost by them not being on other projects right now. And that number is going to be assloads higher than cleanup costs. BP is doing EVERYTHING they can to get this fixed and finished. this is what I'm anxious to find out.
Re: Oil Rig explosion/Gulf Oil Spill in one of the articles, it talks about (if i remember correctly) pressure tests that were done by haliburton that showed something (i dont remember exactly what and i dont feel like wading through the 500 articles) not right. bp and transocean then said they wanted to run their own test of the same and when they did, voila, nothing wrong. however, haliburton workers were never shown the proof of those tests being done, just told "everything is fine, proceed". and that is part of the data that is missing. now no one can prove the tests were done, but they cant prove they werent either. could the haliburton workers be lying? of course. that is part of the whole mess to be sorted out. however, if they are telling the truth, it does not look good for bp. yes, everyone gets the blame. but i dont know what i can do to boycott transocean or haliburton, other than make sure i dont own any stock in those two companies and not buy any. bp is the end of the line and is the one that can be boycotted in this whole mess. but, imo, all of them need to pay. i fully believe they are. i dont question that. i question their honesty on what happened to cause it tho. just like i question the honesty of all involved. and unfortunately, the environment and the people along the gulf are gonna pay long term.
Re: Oil Rig explosion/Gulf Oil Spill In order for that to have happened, we're talking HUGE conspiracy for a cover up. 1st off, since there was no BP personnel on the rig when it blew, and apparently none on hand for original test. That means someone had to be flown out there and back during that 7 hour span. Flight records would have to disappear to cover that up (highly, HIGHLY unlikely post 9/11). Helicopter pilot, all surviving workers from that rig, dispatch crew from Heliport, low-level employees for all companies involved that surely would have know before the big-wigs, etc. etc. etc. i know. this sh!t is in my back yard. I work in an oilfield that has slowed down DRASTICALLY since the spill, and live in area projected to be directly affected by the oil slick. And from everything I have read/heard, BP is 3rd or maybe even 4th on the list of companies to blame for this mess.
Re: Oil Rig explosion/Gulf Oil Spill ok, i probably had the facts wrong since i was going by memory, and my memory easily gets fuzzy. but this is what i was referring to: Seven hours of data missing from Deepwater Horizon operations just prior to explosion | NOLA.com i have already said the the halliburton workers could be lying. but if they are telling the truth, that doesnt make bp smell like roses. not to mention might raise them a spot or two. i know that. and that is part of why the whole damned thing makes me so angry. its hurting not only a region i love, it is pissing me off that it is effecting people like you.
Re: Oil Rig explosion/Gulf Oil Spill I'm not gonna say it was impossible that BP gave the green light. Odds of them running a test and lying about it are slim. They may have taken the info given to them, and compared to similar results from the past at other locations, and deemed it low risk. In which case, more blame shifts toward BP. Just that knowing how big a part safety plays in the oilfield with every company in existence, I find it really hard to believe that anyone made an intentional decision or cut a corner that put people at risk. I'm still leaning more toward mechanical failure, or human error on the rig. Just my hypothesis.
Re: Oil Rig explosion/Gulf Oil Spill Here is an article describing a meeting between BP and Transocean hours before the blowout: http://online.wsj.com/article/SB10001424052748704414504575244812908538510.html?KEYWORDS=bp+blowout Previous articles have quoted Transocean officials stating that they were following BP's instructions in these matters. BP has always chosen not to comment on the specifics. When the BOP was examined, it didn't match spec drawings from Cameron (the manufacturer) because it had been modified per BP's request according to Transocean. BP's hands appear dirty in this matter. Ultimately, they may prove cleaner because the companies didn't follow instructions properly or they followed instructions that they knew were unwise because they were afraid to buck the boss. Not as good as you think: http://www.nytimes.com/2010/05/09/business/09bp.html?scp=8&sq=bp%20oil%20spill&st=cse No one is making the ridiculous claim that BP wanted the spill. It is the result of the arrogant belief that it just couldn't happen. It's exacerbated by the general political belief that regulations are bad and unnecessary because the invisible hand of the one true god of free markets will make this kind of event impossible.
Re: Oil Rig explosion/Gulf Oil Spill More wonderful news: http://www.nytimes.com/2010/05/16/us/16oil.html?hp
