British Petroleum misrepresenting its clean up abilities

British Petroleum misrepresenting its clean up abilities (Full Version)

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Vendaval -> British Petroleum misrepresenting its clean up abilities (6/7/2010 12:22:37 PM)
I have been following information on the management mistakes and falsehoods from British Petroleum that led to the current Gulf Oil Disaster. Here's one special bit of news, Courthouse News Service Monday, June 07, 2010 BP Promised Feds It Could Handle 25 Times More Oil Than It's Losing By SABRINA CANFIELD "NEW ORLEANS (CN) - BP falsely promised the Minerals Management Service that its oil spill response plan "could recover 197 percent of the daily discharge from an uncontrolled blowout of 250,000 barrels per day," though it has utterly failed to handle a spill of only 4 percent of that amount, two environmental groups claim in Federal Court. And though the agency knew from its own research that this claim was "grossly exaggerated," it approved the plan anyway. The Gulf Restoration Network and the Sierra Club cited BP's 2009 Gulf of Mexico Regional Oil Spill Response Plan, which was approved by the Department of the Interior and its co-defendant creature, the Minerals Management Service. In fact, after the Deepwater Horizon oil rig exploded on April 20, and has been "discharging oil at an estimated rate of 12,000 to 19,000 barrels per day" - less than 4 percent of the rate BP promised it could handle - the company has been utterly incompetent to deal with it. " http://www.courthousenews.com/2010/06/07/27858.htm

Aneirin -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 12:41:00 PM)
Could this be an example of corporate lies, I mean BP has stuffed up this issue, what else lies in wait for us with other activities corporations are engaged in. What about the nuclear plants, they have emergency action plans, but are they good enough, we don't know, because they have never been tried. Chernobyl was a disaster too, can we do better ? In our apparent hunger for what we need to live by, are we in fact teetering on a knife edge waiting for that possibility that shit will happen at some point, hence the need for action plans, which we don't know if they will work or not.

Moonhead -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 12:42:07 PM)
quote: ORIGINAL: Aneirin Could this be an example of corporate lies, I mean BP has stuffed up this issue, what else lies in wait for us with other activities corporations are engaged in. What about the nuclear plants, they have emergency action plans, but are they good enough, we don't know, because they have never been tried. Chernobyl was a disaster too, can we do better ? Three Mile Island ring any bells?

Vendaval -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 12:47:20 PM)
Yup, history repeating itself again. What have we learned this time?

Aneirin -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 12:59:02 PM)
Corporations do their absolute best to wriggle out of messes they make. I suspect with this disaster BP would rather the American tax payer pick up the tab as might well happen when it is seen that BP is incompetant in it's actions thus forcing American technology to deal with the situation regarding plugging the leak and cleaning up the mess afterwards. Oh sure BP will be fined, but I suspect a fraction of what it is going to cost in terms of commerce and damage to the enviroment over the years to come, BP will just scurry away and carry on with it's activities elsewhere if banned from US waters, they after all are in the business of making money, not spending it in cleaning up their mess.

LadyEllen -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 1:26:48 PM)
What I take from that is that the Minerals Management Service and possibly also the Dept of the Interior at least share the guilt and liability here for having passed a Plan which they knew, or ought to have known, was "grossly exaggerated" (a euphemism for "fabricated") as to its capabilities. And this on top of other apparent regulatory failure in granting permissions and conducting inspections. One should hope all this was merely negligence and that when it all comes to Court there isnt any suggestion of criminal collusion between BP and the authorities, or indeed any suggestion of political pressure exerted on the authorities to grant permits, impose fewer or lesser inspection standards or pass unsuitable contingency plans, that might leave BP, (its insurers) off the hook. E

Vendaval -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 1:30:23 PM)
Lady E, I agree that MMS and most likely the Dept of the Interior are also to blame. The analogy here in the news is of "the fox guarding the henhouse".

pahunkboy -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 1:30:44 PM)
BP was also behind the overthrow of the Shaw of Iran.

Lucylastic -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 1:54:25 PM)
A corporation lying, what a shocker. I hope their testicles turn square and fall off deregulation isnt needed, yeah ok, HAH They may be British, but I hope they suffer unfortunately, they wont as much as the environment and local people affected Bastards

Moonhead -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 1:58:04 PM)
Just out of interest, I wonder if some of the bug eyed bile people on here have been spewing at BP might have something to do with them being a foreign company, rather than (say) Exxon?

Aneirin -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:22:59 PM)
BP like many other corporations are comprised of many companies, with BP under their wing they contain Amoco (standard oil of Indiana, in fact they merged with them), Arco ( Atlantic Richfield Co.), Burmah-Castrol plc, Standard Oil of Ohio and a few others. so what is in a name ? That's corporations ! But them BP has a fair few disasters under it's name too, to include ; 1993-1995 Hazardous waste dumping in Alaska......... Where's Stephen Seagal when you need him, a very similar scenario to the film On Deadly Ground of 1994 2005 Texas City Refinery explosion 2006-2007 Prudhoe Bay oil spill 2006-2008 Texas City Refinery fatalities 2007 Propane price manipulation 2008 Oil Price manipulation 2009 North Sea helicopter accident 2010 Deepwater Horizon oil spill Oh, and I read somewhere BP is only insured for incidents worth more than 300 million.

Lucylastic -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:27:59 PM)
Actually Moon, I have to say, I havent seen much blame towards the brits... But then some of our more colourful posters are quiet ... I think most see it as not being a "Brit thing" but more of a corporation thing But ..yanno someone is going to prove me wrong sooner or later Sods law:)

LadyEllen -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:29:21 PM)
BP plc total assets at last reporting $236,000,000,000-00 (count those zeros) Should just about cover it I should think E

Moonhead -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:30:16 PM)
Stranger things have happened on here. Still, with BP being a "sort of" English company, maybe Firmhand* will think that I'm entitled to comment on them... *(Who hereafter I think I'll refer to as "LimpWrist".)

Moonhead -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:31:18 PM)
quote: ORIGINAL: LadyEllen BP plc total assets at last reporting $236,000,000,000-00 (count those zeros) Should just about cover it I should think E They can probably pay for a cleanup costing less that 200 million quid out of the petty cash, can't they?

Lucylastic -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:32:09 PM)
pocket change

LadyEllen -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:33:01 PM)
The latest Accounts show a decrease in Pre-tax Profits from $34,283,000,000 to $25,124,000,000 Yep. Petty cash should cover it. E

pahunkboy -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:36:15 PM)
We live in a giant hedge fund.

Moonhead -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:38:12 PM)
quote: ORIGINAL: LadyEllen The latest Accounts show a decrease in Pre-tax Profits from $34,283,000,000 to $25,124,000,000 Yep. Petty cash should cover it. E They can probably claim it against tax as well. Might even end up saving the bastards money...

LadyEllen -> RE: British Petroleum misrepresenting its clean up abilities (6/7/2010 2:41:57 PM)
And aint that a problem for us? BP makes a substantial contribution to the Treasury from that profit. $11,000,000,000-00 on those figures from last year. Plus then all the dividend payments that went out from the remainder that prop up pension funds, investment funds etc, on which more tax was paid. E

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