Burning oil rig sinks, setting stage for big spill

[feller469]

oh my goodness. if BP has to pay, it would cut into the record profits they made the last few years, stock values would go down and the golden parachutes would probably be valued in the tens of millions instead of the hundreds of millions.

 

[Rey C.]

Interestingly enough, some analysts are recommending BP, Transocean and/or Halliburton as buys (risk adjusted). According to them, their maximum liability is somewhere around $12 billion, while collectively they've now lost about $48 billion in market capitalization.

Transocean has taken it one step further by filing a court petition to limit its liability to $26.7 million.
Transocean Seeks To Limit Oil Rig’s Liability

Meanwhile, the next President of the United States (2012), Sarah Palin, has weighed in, giving her deeply intellectual opinion on the matter: "We need to keep on drillin'!" :nanner: Tell it like it is, Sarah. That's why you're going to get my vote come 2012 (that's the year the world is supposed to come to an end, right?).

 

[316sherm]

Sarah Palin can do no wrong in my eyes...:lovecoupl
:rofl:

 

[jod0565]

: "We need to keep on drillin'!"

I knew she likes porn.

 

[Jagger69]

OK....now this thing is slip-sliding around the tip of Florida.

http://news.yahoo.com/s/ap/20100520/ap_on_bi_ge/us_gulf_oil_spill

Just in time for the Florida summer tourist season. Oh well, at least the sunbathers won't need to bring any oil with them.

Laughing to keep form crying....what a fucking disaster.

 

[titsrock]

^

The sense of gloom deepened as BP conceded what some scientists have been saying for weeks: that the oil leak at the bottom of the Gulf of Mexico is bigger than the company previously estimated.

Considering that BP has lied every step of the way in this disaster, the ceo and executive management team need to be hauled into jail right now. They are corporate terrorists. BP needs to be relieved of "command"--seize their assets, and GET THIS OIL TURNED OFF NOW!!!! Gov't is the hammer and anvil when corporations act out of control and inflict such massive damage. This is STILL GETTING WORSE day by day, and BP hasn't a fucking clue what they're doing....

20 years of people not being able to swim in the Gulf of Mexico will really affect change...

 

[nylo]

This is just another obvious example that the big business machine CANNOT be trusted in any sense. They have been doing nothing but fucking around with this and nothing has been resolved. There is no way, and I mean no way that SOMEONE on this planet DOES NOT have the brains to resolve this problem. Meanwhile, millions of gallons of this crap is pouring out of the this with no end, and now the western side of my state is seeing this crap. This is time where the government needs to step in and bring an end to this SHIT, and this is nothing more than SHIT. The Army Corp of Engineers is known for doing virtually the impossible, and this can't be solved. Come'on, BP has had their chance, this shit has been going on for almost a month. When do these corporate IDIOTS get told...you had your chance. Now, you're done. After the circus about the off-shore drilling then this shit happens, uh hello? does anyone get the message here?

IDIOTS

 

[Bloodshot Scott]

^


Considering that BP has lied every step of the way in this disaster, the ceo and executive management team need to be hauled into jail right now. They are corporate terrorists. BP needs to be relieved of "command"--seize their assets, and GET THIS OIL TURNED OFF NOW!!!! Gov't is the hammer and anvil when corporations act out of control and inflict such massive damage. This is STILL GETTING WORSE day by day, and BP hasn't a fucking clue what they're doing....

20 years of people not being able to swim in the Gulf of Mexico will really affect change...

Hey, the Gulf was the first ocean I ever swam in, and I got stung by a damn jelly fish. :eek:

Seriously, I think this is a bipartisan issue and a national tragedy, no less. I can't imagine being a fisherman in the Gulf and having this happening to my livelihood. I still have yet to see the $/gallon mark go above $2.75 in my 'hood though. Probably only a matter of time. I think they're jerkin' us all around.

 

[titsrock]

If by "jerking us around" you mean Big Oil colluding to set the price at the pump, than YES. The laws of supply and demand don't seem to apply to the Oil market anymore.

 

[saschaxx]

That looks to me like this is turning now into a VERY serious problem ....

I think the *main-problem* is : ANYONE of the oil-companies know how to drill the oil outta ocean in depth like this ( and as far as I know they already go deeper but 10000feet ) , but NONE of em knows how to re-lock the hole if it comes to disasters like this . IF someone would know, they already would have sent their knowledge/engineers to the US resp. to BP .
And I´m sure the hurricane-season ain´t very far away ...

 

[saschaxx]

Timeline : http://www.deepwaterhorizonresponse.com/go/doc/2931/543771/

 

[Facetious]

The "drill baby drill' crowd got some explaining to do after this disaster which gets worse and worse every day.We heard how drilling was so safe now that something like this just could not happen, but it did.

You're like James Gandolfini in True Romance where he slashes Hopper's hand and then dumps whiskey on the open wound.

The fisherman in the gulf waters are the ones who really are going to be screwed

You mean the capitalist fishermen?
Serously, you couldn't be more duplicitous and obfuscating, On the one hand you bash capitalism and then on the other, in order to make your political ends meet, you're concerned about the capitalist fishermen getting screwed.:dunno:

[. . and BP I hear only is responsible for 75 million in damages

Yea, just like any other entity that's too big to fail, this is news to you? :dunno:

so if anything is going to be done to compensate the people like the fisherman guess whose going to get to pay for that,us poor suckers the taxpayers.

You're finally back to work, huh?
Well, congratulations on your new job and becoming a tax payer once again . . . that should make you feel good about yourself, huh? :1orglaugh
BTW, in what sector of the government are you working?

Who writes these laws that cap BP's damages at 75 million???
The lobbyists for the oil companys of course

Attorneys - Lobbyists • Lobbyists - Attorneys. Again, I'd suggest that you do some research into the cap on liabilities for corporations, ''LLC'' might be a good place to start..

Capitalism run amuck everywhere ya look,oil companys,banks,investment houses etc.

There he goes again, dumping whiskey on an open wound.
''True revolutionaries do not flaunt their radicalism, Alinsky taught. They cut their hair, put on suits and infiltrate the system from within. ..''
Never EVER assume that all CEOs are these f-l-a-m-i-n-g conservatives
http://board.freeones.com/showthread.php?t=404231&highlight=Gore

 

[titsrock]

^
You waited 3 weeks to respond to FOMM and this is all you got? Seriously?

The game is over in the Gulf. BP has proven to be only concerned with "capturing" the oil spewing out of the pipe rather than trying to shut off the pipe!

If BP cared about Commercial Fishermen and anyone but themselves they would've made shutting off the spewing oil their FIRST PRIORITY! They have lied and stalled for weeks.

They can't be trusted as a firm to behave in the best interests of the community. They no longer have the right to manage this horrific disaster.

There better be a whole lot of Executives sitting in jail....:wave2:

 

[titsrock]

BP says "Top Kill" unlikely before Tuesday

I guess the "sense of urgency" with which BP has handled this disaster should be commended, eh? This appears to be the first serious attempt at actually STOPPING the flow, but..". we'll get to this Tuesday, fellas..we're off to play 18 holes, it's Friday..."

http://www.nola.com/news/gulf-oil-spill/index.ssf/2010/05/bp_says_top_kill_unlikely_befo.html

 

[saschaxx]

http://www.nytimes.com/2010/05/21/opinion/21fri1.html?partner=rss&emc=rss

Especially the last words are interesting ....

 

[saschaxx]

Sounds to me like someone is interested to make big bucks out of the disaster instead of workin on the problem.

 

[PlasmaTwa2]

I find it really weird that gas hasn't gone up fifty cents after this started.

 

[Jagger69]

^
Wait until the kids are out of school and it's vacation time.

 

[Hot Mega]

I admit...this is such a fucked up story that my head is in the sand on this one. This is truly a story I wish just went away when I close my eyes.

You would however, once you discovered you could accomplish the task of drilling that deep under water...you'd at the same time figure out a way to solve a worst case scenario.:dunno:

Just smacks of more clumsy assed doing without thinking.

 

[pete rose]

so do people still think obama was behind this?

confirm/deny