ThatDamnedPanda
Posts: 6060
Joined: 1/26/2009 Status: offline
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quote:
ORIGINAL: thornhappy Wicked poor risk management, eh? quote:
ORIGINAL: ThatDamnedPanda quote:
ORIGINAL: Vendaval Partial success is better than nothing. But why wasn't the technology to deal with this type of problem developed before drilling that deep? Because nobody made them. It's just that simple. Yeah, by the time they're through writing the checks for this one, they're going to be wishing they could get a do-over. I think it's almost a certainty that $75 million cap will be voided because of negligence and/or violation of regulations, which means BP could easily be paying out in the tens of billions of dollars before this is all over. But hey, they saved a half a million by installing a used blowout preventer instead of a new one, so at least it's not a total loss for the poor bastards.
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Panda, panda, burning bright In the forest of the night What immortal hand or eye Made you all black and white and roly-poly like that?
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