ekimragz

ekimragz

Joined Member # 2817559
1 Posts 19 Replies 11,010 Reputation
Reply to Major Coffee Spill at BP in WinCustomize Talk WinCustomize Forums

[quote]Has the coffee stained anything yet? How much will it cost to get the stains out and will they pay?[/quote] Oh yea they will pay and pay and pay until they get as good at paying as they are at spilling.

21 Replies 10,919 Views
Reply to Two members of the Deepwater Horizon oil spill response died today in unrelated events in WinCustomize Talk WinCustomize Forums

The buck will stop at the person of the BP rig manager who made the ultimate calls against halting the drilling operations when certain safety related problems were called to his attention. Whether it will stop with him or go further up the BP chain of command cannot be determined until a committee of congress or other agency of government exercises subpoena power to compel the attendance of witnesses at hearings yet to be held. My guess is that it will at least reach the Houston

3 Replies 1,209 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

I don't think the lessons for the oil companies which are so obvious here will be lost and the status quo restored. BP has historically been a bad actor in the oil sector and is known for cutting corners to save costs. They are now estimating that the amount of oil spilling into the gulf is about 60,000 barrels per day up from 35,000. Every additional barrel raises the penalty stakes for BP by $4,000+ Will be interesting to hear what the President has to say tonight fr

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

Ha, Ha, Ha. In congressional hearing now underway. Other company oil execs throwing BP under the bus for taking irresponsible cost cutting risks. Say tragedy was preventable. This is entirely consistent with BPs horrible safety record in the USA like explosion at Texas Refinery a few years ago that killed several people and very high number of citations for lack of safety measures. There is now talk of debarring BP from doing business in the USA which would increase the chan

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

President Barack Obama wants an independent, third party to administer the escrow account and compensate those with "legitimate" claims for damages, Obama's top political adviser said Sunday. The amount of money set aside will be discussed during talks this week between the White House and BP, but Axelrod said it should be "substantial." Gulf states also were putting the squeeze on BP. The attorney general in Florida and the state treasurer in Louisiana want BP to put a total o

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

Survival may come down to whether there is a finding of "gross" negligence by BP. If that finding is made, the penalties go from $1000+ per barrel to over $4000 per barrel. Depending on how much oil is ultimately determined to have escaped into the Gulf, this could raise BP's exposure to something in the area of $70 Billion.

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

The damages and penalties are going to be enormous based on the increased estimates of the amount of oil escaping into the Gulf. The market is telling us that the company is at risk for non-survival. Also telling us this is the administration's expressed objection to BP's paying it's usual dividend. The Obama administration wants to be certain that when the time comes to pay the damages and penalties, there will be money there for that purpose. I am a regular listener

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

Fuzzy Thinking here is aShort answer: F...off! You obviously don't have the sense to avoid taking an anti-American stance when the facts are all against you. I will be here as long as you are so watch the garbage coming out of your mouth and we won't have a further problem.

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

Right! It is about the English based oil company BP and not the British people. Except those who open their mouths to say something like that jerk just did about not caring about a "few drops of oil." Heh Mr. well-named, it ain't just a few drops of oil. It is the worst man made ecological disaster in the history of the world which will have the most profound affects on this country for years and years into the future. Hopefully, BP will

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

The mayor of London does not care for the BP bashing in the USA. Who are we going to hear from next? The Sheriff of Nottingham? If this oil was washing up on the shores of Britain, we might think that the mayor of London was relevant to the discussion. But since it isn't, he isn't!

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

There is still a 70 million dollar cap on BP's civil liability although they are trying to change that in Congress as we speak. However there is another provision in the law which relates to penalties and can exceed $4000 per barrel ie. per 42 gallons of petroleum leaked into the Gulf. The amount of leakage is very relevant to BP because it directly determines their exposure for the ultimate penalty assessed. Hence the lower BP estimates and the importance of getting an accu

89 Replies 29,189 Views
Reply to Gulf Update - Head for the Hills in WinCustomize Talk WinCustomize Forums

Now the Brits are telling us to "shut up" about BP. They apparently think Obama and the press is being too hard on their good ole boys led by the inefffective Tony Hayward. To put it in British terms "bolderdash"! Just clean up your mess and turn off the $50 M dollar PR campaign. By the way, how is the release of the Lockerbie bomber (which was done through the back door to benefit BP) looking these days?

89 Replies 29,189 Views
Reply to Drive By Ratings? in WinCustomize Talk WinCustomize Forums

A bit of a generalization there and probably not relevant to the issue of the OP.[/quote] Admittedly general and purposely so. I wanted to avoid calling anyone out by name. Not sure what OP stands for so can't comment on your irrelevancy point.

29 Replies 3,749 Views
Reply to Drive By Ratings? in WinCustomize Talk WinCustomize Forums

Maybe you authors shouldn't be so quick to drive off critics who give a reason by resorting to insult and name calling. You may not agree with the reason but being disagreeable in response creates a potential board enemy. If nothing else, board enemies are bad for business.

29 Replies 3,749 Views