Oil spill in the Gulf

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Originally Posted By: Mark72
I just hope it's not Pennzoil. What a waste!!!
Sadly it was the well that Pennz gets the Ultra 0w-20.
 
They're saying now that this could be a worse environmental disaster than Exxon up in Alaska. Although it appears Exxon was more at fault than BP is, I still hope the government socks it to them in bills and fines.
 
I hope BP doesn't get to slide as much as Exxon did, but it's pretty hard to unring a bell, no matter how much they get fined. In fact, screw any fines, just clean up the mess and try to prevent future ones.
 
Personally, I'm not a big fan of fines (I try to keep LD clauses out of contracts that I run), but wholeheartedly respect make good requirements.
 
Originally Posted By: LTVibe

Looks like BP will be eating crow for awhile...

Quote:
The MMS (US Minerals and Management Service) is developing regulations to prevent human error, identified as a factor in many of the 1,400 offshore accidents between 2001 and 2007. However, BP opposed the changes in a letter to the regulator last September.

"We believe industry's current safety and environmental statistics demonstrate that the voluntary programmes implemented have been and continue to be very successful," it said then.


http://www.telegraph.co.uk/finance/newsb...-of-Mexico.html


Japanese found that out when the nuke industry convinced them that they could behave responsible with less regulation...then ran 16 reactors with cracks in them
 
Originally Posted By: Hemi426
They're saying now that this could be a worse environmental disaster than Exxon up in Alaska. Although it appears Exxon was more at fault than BP is, I still hope the government socks it to them in bills and fines.


Well, in some ways BP is already paying a "fine" for the disaster...


BPStock.png
 
The spill is small and overblown by all the do-gooders with their Solar and Wind-power agenda. Always trying to make the oil compamies look like bad guys. BP said only 1000 barrels per day. Oil exec said no point in cleaning it up as it's too expensive; the oil will evaporate over the next few years on its own.
 
I think that's what insurance is for, and the whole industry will be paying for it.

IMO Insurance company have the most interest in getting the regulation working because they are more efficient and if their survival (i.e. a big enough disaster will wipe the insurance company out like AIG does), then they will make sure the oil companies do the right thing.

Safety and disasters must be factored into the cost.
 
Originally Posted By: MegaCorp
The spill is small and overblown by all the do-gooders with their Solar and Wind-power agenda. Always trying to make the oil compamies look like bad guys. BP said only 1000 barrels per day. Oil exec said no point in cleaning it up as it's too expensive; the oil will evaporate over the next few years on its own.


Are you joking? Is this an acceptable corporate response as far as you're concerned?
 
I'm not taking an opinion, but Exxon has said the money they spent on cleaning up the Valdez spill was not well spent and that nature will clean it up much better over time. I don't think there was any lasting damage from that spill.
 
Originally Posted By: MegaCorp
Always trying to make the oil compamies look like bad guys.


BP doesn't need any help in that regard. They have been very good at making themselves look like 'bad guys' :


Quote:
BP has had its share of recent high-profile accidents:

An explosion at a BP refinery in Texas City in 2005 killed 15 people and injured 170. Regulators in October hit BP with a record $87 million fine for failing to correct safety hazards at the plant. BP has formally contested the fine.

More than 200,000 gallons of oil spilled from a BP pipeline in Alaska in March 2006, the largest-ever spill on Alaska's oil-rich North Slope. BP paid about $20 million in fines, including $4 million to the National Fish and Wildlife Foundation for Arctic environmental research.

— Last year, BP paid nearly $2 million in fines for not operating with the proper equipment at oil fields along the North Slope.

http://www.msnbc.msn.com/id/36867370/ns/business-us_business/
 
Originally Posted By: MegaCorp
I'm not taking an opinion, but Exxon has said the money they spent on cleaning up the Valdez spill was not well spent and that nature will clean it up much better over time. I don't think there was any lasting damage from that spill.


You've got to be kidding.
 
Originally Posted By: MarkC
I hope BP doesn't get to slide as much as Exxon did, but it's pretty hard to unring a bell, no matter how much they get fined. In fact, screw any fines, just clean up the mess and try to prevent future ones.


Do we know if BP was actually at fault, or if it was just an accident?

It looks like the slick will be catastrophic to the marine wildlife and the local economy where it makes landfall.

How do you clean crude out of a swamp?
 
Originally Posted By: LTVibe
Originally Posted By: MegaCorp
Always trying to make the oil compamies look like bad guys.


BP doesn't need any help in that regard. They have been very good at making themselves look like 'bad guys' :


Quote:
BP has had its share of recent high-profile accidents:

An explosion at a BP refinery in Texas City in 2005 killed 15 people and injured 170. Regulators in October hit BP with a record $87 million fine for failing to correct safety hazards at the plant. BP has formally contested the fine.

More than 200,000 gallons of oil spilled from a BP pipeline in Alaska in March 2006, the largest-ever spill on Alaska's oil-rich North Slope. BP paid about $20 million in fines, including $4 million to the National Fish and Wildlife Foundation for Arctic environmental research.

— Last year, BP paid nearly $2 million in fines for not operating with the proper equipment at oil fields along the North Slope.

http://www.msnbc.msn.com/id/36867370/ns/business-us_business/





BP does not own this rig; they subcontracted the work to a drilling company. Anadarko Petroleum own 25% of the well. All the oil companies are pretty much the same. Try to act green on the surface with their TV ads and pollute when they don't get caught.
 
Originally Posted By: Win
Originally Posted By: MarkC
I hope BP doesn't get to slide as much as Exxon did, but it's pretty hard to unring a bell, no matter how much they get fined. In fact, screw any fines, just clean up the mess and try to prevent future ones.


Do we know if BP was actually at fault, or if it was just an accident?


Try defending an industrial incident with "it was just an accident, not my fault".

You own the site, you own the incident.

Give me any example of "just an accident" that you can think of that's not a failure of some system or another ?
 
Originally Posted By: MegaCorp
The spill is small and overblown by all the do-gooders with their Solar and Wind-power agenda. Always trying to make the oil compamies look like bad guys. BP said only 1000 barrels per day. Oil exec said no point in cleaning it up as it's too expensive; the oil will evaporate over the next few years on its own.


Ford execs said that the Pinto was too expensive to fix, and that the pain suffering and death to the community was going to be less than the fix, so lets not fix.

People with vested interests and an agenda aren't always batting for the forces of good.
 
Originally Posted By: MegaCorp
I'm not taking an opinion, but Exxon has said the money they spent on cleaning up the Valdez spill was not well spent and that nature will clean it up much better over time. I don't think there was any lasting damage from that spill.


Bloke down the street has a great big, fat can fed Labrador in a 2 bedroom unit. Lets it out a few times a day to relieve itself on his and his neighbour's front lawns.

He can't quite understand why his neighbours take offence at his dog's natural act, particularly when it will dry out and decompose anyway.

Whole place stinks of dog filth all summer.

But nature will take care of it.
 
I scooped all the dog droppings from my yard and dumped them on the doorstep of my neighbours caravan - I heard him step in it when he came home...and no more dogs on my place after.Just to keep with the analogy...
 
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