huffingtonpost.com — BP made its name synonymous with "Beyond Petroleum; in 2000, rebranding itself as a company that sees a future past dependence on fossil fuels. But ten years later, the oil company is as committed to furthering their oil expansion as ever.
May 5, 2010 View in Crawl 4
hetmanMay 5, 2010
You switched conversations though. My reply was about BP getting upset.
garytreacherousMay 5, 2010
Muslimrevolution.com says: someone is gonna shoot one the people who run companies like this to make an example of them.....just sayin.
skippydoorknobMay 5, 2010
You can be assured that everyone involved in that well will probably be sued (not all successfully of course), or at minimum get calls from several lawyers - from the BOP manufacturer, to the drill pipe maker, to the ball point pen company that had pens on board, to the maker of the shoes the workers were wearing.
kwanijmlMay 6, 2010
@smoger"that might be true if the oil companies wanted to sell their product cheaper" Why is it that so many people cannot get it through their heads how a market works? it doesn't matter what the oil companies want. Without having a foothold in government and being able to pass any regulatory advantages, each oil company will have to fairly compete for their profits, instead of lobbying an advantage with the government. Also, without the taxes and regulations, there will be a lower cost of entry into the market and there will be more competition for each oil company. So, the greedy oil tycoons sitting in their golden thrones refusing to lower prices (as you imagine them) can do that all they want and watch as competition lowers their costs and/or profit margins to gain more customers. The greedy fat cat will either lower his prices similarly or go out of business. It is that simple."trust me if the oil companies were good guys the government wouldnt be watching them to begin with" That same kind of thought process gave us two wars, the patriot act, and the TSA. It is ignorant and untrue. Nobody needs to be watched, only dealt with according to basic laws if they cause damages. We don't need to start preempting the possibility of bad things happening in any realm.<a class="user" href="http://dailycaller.com/2010/05/05/bp-significantly-ups-oil-spill-estimate/" rel="nofollow">http://dailycaller.com/2010/05/05/bp-significantly ...</a> take a look at the above story regarding the caps. . . again, how do you think that unreasonably low caps got put in place? You can bet that there was big oil involvement in the legislature and that it probably favored one or a few big oil companies the way that it was worded.The point that you either missed or did not understand, is that only by intervention into the market by government, do we have a world in which BP or any other big oil company can get away with limited damages payments, and in which they don't take safety measures seriously enough, because they now rely on only what the government mandates as safety precautions, instead of being forced (by threat of losing everything) to take charge of their own safety and environmental protections.
benboisdbestMay 6, 2010
I'm currently doing a degree in Geophysics and despite oil industry jobs being very lucrative i would never consider working for them, it's immoral.
authoredMay 6, 2010
Another thing they might not want spread around... the current disaster from their (former) oil rig in the Gulf of Mexico is spewing oil at the rate of about:145 gallons per minute.I think people should spread this information for as long as the oil keeps gushing out.
impsethMay 6, 2010
There was this clown that terrorized a pack of young boys for a while. 20 years later he came back to try and finish the job. I'm thinking less than BP but more than Shell.