Gulf of Mexico - Oil Well Now fixed

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
05/09/2010 08:23

The BP well which spilled 206m gallons of oil into the Gulf of Mexico poses no further risk to the environment, says the US official leading the clean-up.



BBC



Some good news for BP shareholders....

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
05/09/2010 09:38

Groucho,



"some good news for BP shareholders"



Better news still for the Gulf coast residents, imho



I make this comment as a BP shareholder.



wyn

Chegwin


Joined: 24/03/2009
Posts: 775

Message Posted:
05/09/2010 10:27

Well Oil Beef Hooked..............

'bout time.

Rogerdodger


Joined: 24/04/2008
Posts: 271

Message Posted:
05/09/2010 10:31

Was not a BP rig, was an American rig subcontracted by bp with non BP workers operating the rig, the american company who owned and operated the rig just kept there head down and let BP take all the blame, BP is now sueing the other company for negligence and to claim all the money back spent.



need to get facts right all

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
05/09/2010 10:33

Rogerdodger,



I'll drink to that!



wyn

Rogerdodger


Joined: 24/04/2008
Posts: 271

Message Posted:
05/09/2010 11:38

good to hear Wyn



Roger

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
05/09/2010 14:49

Roger,



I suggest you contact the BBC with this correction.....

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
05/09/2010 14:56

Why are BP pledging $20billion for the clean-up?

JohnW


Joined: 23/04/2009
Posts: 601

Message Posted:
05/09/2010 15:16

Rogerdodger



BP would like it to be that simple. It maybe that Transoceon and Haliberton will end up with a share of the blame but BP were the "operator" of the rig and are ultimately responsible for anything the subcontractors do.



It is possible that the US coastguard will come in for some flack. They were responsible for the firefighting efforts. They allowed water to be used instead of foam. This destabilised the rig and maybe caused it to sink. It is thought to have fallen and damaged equipment on the sea floor causing or making the leak worse - maybe.



This whole thing is so complex that they will be argueing it in court for the next ten years.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/09/2010 22:10

Gavin. I bet they end up paying a lot more than the $20million.

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
05/09/2010 22:27

Read it again, Bill I said $20 BILLION!!!



Which admittedly is a lot more..

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
05/09/2010 22:28

No 1 Doyen,



It is currently $5.6Billion. They have pledged $20 Billion.



But that is just a drop in the ocean to BP (excuse the pun)



I take RogerDogers point that they will try to recover some of the costs from Transocean,Haliburton and

possibly Cameron Iron Works Then there are possibilities from The US Coastguard.



May struggle with Haliburton and The Coastguard. They are in effect THE US secret Government.



Just my view, thats all.



wynyardman

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/09/2010 22:33

My apologies. Anyway I still think it will cost them much more than the $20 billion.

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
05/09/2010 22:43

No1 Doyen,



No need for an appology. I thought we already had an agreement.....whats a few million between friends?



wyn

jimchris09


Joined: 13/02/2009
Posts: 547

Message Posted:
05/09/2010 22:52

I read an article the other day that stated that the "worst environmental disaster the USA had ever had"...err ...never happened!!



Apparently most of the Gulf Coast shrimp fishermen etc got loadsa compensation...as a bonus...since they can now fish OK and are catching better than before! Apparently most of the oil was "eaten" by bacteria thriving on it in the tropical conditions of the Gulf of Mexico. There was only one pic of a distressed Pelican that did the rounds if I'm not mistaken!



I think the Exxon Valdez was much worse. Any comment?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/09/2010 22:56

Quite right Wyn. Have you got a spare million to help an old friend? )

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
05/09/2010 22:59

Msg 16,



When my boat comes in Bill, When my boat comes in!



wyn

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
05/09/2010 23:02

Msg 15,



Can they fry them them without putting any oil in the frying pan?



wyn

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
06/09/2010 09:11

You don't even need a pan... just set a flame to 'em on your plate and they cook themselves!

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/09/2010 09:17

Mornin Groucho,



Good idea. Oil try that.!



wyn

proger1



Joined: 18/04/2009
Posts: 2918

Message Posted:
06/09/2010 09:21

the north cyprus

travel guide

Chegwin


Joined: 24/03/2009
Posts: 775

Message Posted:
06/09/2010 09:23

Just a few billion that will not incur any corporation tax. They would have paid a large chunk of the profits to the American government anyway so not so much of a big deal for BP really.

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/09/2010 09:28

Exactly Cheggers,



Knock off the tax,cancel the dividend, and recover the rest .Sue the Coastguard, and I can see this one making



a few bob for the shareholders. I suppose theres no need to be "crude" about it!



wyn

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/09/2010 13:32

BP shares start to climb. A little relief for some hard pressed pensioners that rely on them.



wyn