Another Disgusting Oil Spill!!

reefraff

reefraff

Active Member
Originally Posted by bionicarm
http:///forum/post/3265062
BP has a check valve on the drill site. Problem is, they can't get it to turn off. They've sent remote subs down to try and do it, and it won't shut off. I also read there's now three different leaks at the site. Don't know if that's from the platform breaking up, or excess pressure from the original hole. The only other thing I read is they were going to try and put a temporary line over the top of the valve and pump the oil directly into tankers. Problem is, they've never successfully tried this at this depth.
What I read was they were attempting to place a shut off valve over the pipe. If there was already a valve down there I can't imagine why they couldn't close it. I am a little surprised nobody has suggested trying to implode the well. That would be quick and would at least slow down the flow. Then they could try the dome.
 
reefraff

reefraff

Active Member
Originally Posted by zman1
http:///forum/post/3265051
Once again, inept BIG BUSINESS needing bailed out by Big Government... Katrina was a natural disaster, this is man made. Government failed here in believing business could take care and had plans in place for their core business. One again we were let down by business.
Drill Baby Drill
You bet drill baby drill. Before you go blaming big business consider that government creates the regulations they must follow so perhaps you should ask why the US government doesn't require that remove valve other countries do. Your beloved Democrats have had control of Congress for more than 3 years and have done nothing to change the reg. They have had the white house a year and a half and the Ossiah has done nothing to change the regs. Hmmmm.
 
fishtaco

fishtaco

Active Member
Originally Posted by reefraff
http:///forum/post/3265069
You bet drill baby drill. Before you go blaming big business consider that government creates the regulations they must follow so perhaps you should ask why the US government doesn't require that remove valve other countries do. Your beloved Democrats have had control of Congress for more than 3 years and have done nothing to change the reg. They have had the white house a year and a half and the Ossiah has done nothing to change the regs. Hmmmm.
Oh gawd, could you imagine congress doing anything useful, this is a case of special intererests money at it's worst. You cannot blame either party because they are both guilty. More than likely the CEO of BP is going to go in front of the C-Span camera's for another dog and pony show like they did with Goldman Sachs to keep the serfs happy and that will be the end of it. I would love to see corporations held accountable, but that rarely happens.
Yep, good old BP, I don't know about you, but I can stilll remember it costing over a hundred dollars to fill up my truck while they where making record profits, that valve other countries require? Well, some top executive spent that money as a down payment on his vacation home.
Fishtaco
 
stdreb27

stdreb27

Active Member
Originally Posted by Fishtaco
http:///forum/post/3265086
Oh gawd, could you imagine congress doing anything useful, this is a case of special intererests money at it's worst. You cannot blame either party because they are both guilty. More than likely the CEO of BP is going to go in front of the C-Span camera's for another dog and pony show like they did with Goldman Sachs to keep the serfs happy and that will be the end of it. I would love to see corporations held accountable, but that rarely happens.
Yep, good old BP, I don't know about you, but I can stilll remember it costing over a hundred dollars to fill up my truck while they where making record profits, that valve other countries require? Well, some top executive spent that money as a down payment on his vacation home.
Fishtaco
You wanna know something funny I think the CEO for bp is on the Goldman sacs board. Going to these depths is like going to outer space. I haven't heard anything about it. But one real thing the government could do is get the navy out there with their deep sea expertise. They've got the real ROV toys.
 
mrdc

mrdc

Active Member
I read an article yesterday about how the oil could go around Florida and head up the east coast. I guess anything is possible. I am actaully looking for a house in the gulf area for vacationing. Will have to see if this oil thing will have an affect on the home prices. I also assume depending on how this all turns out that people will start sueing BP.
GULFPORT, Miss. (AP) - Scientists fear if the oil spill isn't contained and the underwater well continues to spew unstopped, it could grow so large that it may be sucked with the currents around the Florida Keys and up the East Coast.
Duke University biologist Larry Crowder said Saturday if that happens, the scope of the disaster would not only affect the gulf states but portions of the U.S. Eastern Seaboard.
The gulf's waters come through the Yucatan Strait between Mexico and Cuba, then circulate in what's called the Loop Current, before sweeping south along Florida's west coast.
It then moves up the East Coast before ending in the North Atlantic.
Satellite images show the surface area of the gulf oil spill has nearly tripled in size in just a day.
 
reefraff

reefraff

Active Member
Originally Posted by Fishtaco
http:///forum/post/3265086
Oh gawd, could you imagine congress doing anything useful, this is a case of special intererests money at it's worst. You cannot blame either party because they are both guilty. More than likely the CEO of BP is going to go in front of the C-Span camera's for another dog and pony show like they did with Goldman Sachs to keep the serfs happy and that will be the end of it. I would love to see corporations held accountable, but that rarely happens.
Yep, good old BP, I don't know about you, but I can stilll remember it costing over a hundred dollars to fill up my truck while they where making record profits, that valve other countries require? Well, some top executive spent that money as a down payment on his vacation home.
Fishtaco
Yep. This is a case where neither side should be throwing stones. Somebody somewhere must have thought this was a remote possibility or that remote valve wouldn't even exist. I am all for drilling EVERYWHERE but they have to do it safely.
I grew up in an oilfield and saw it done wrong back in the 60's and 70's. As many corners as that company cut, and using standards and regulations that are 40 years old the oil business then still wasn't as nasty and dirty as the treehugging boobs try to make it out to be today under modern standards.
 
ibanez

ibanez

Member
Originally Posted by reefraff
http:///forum/post/3265069
You bet drill baby drill. Before you go blaming big business consider that government creates the regulations they must follow so perhaps you should ask why the US government doesn't require that remove valve other countries do. Your beloved Democrats have had control of Congress for more than 3 years and have done nothing to change the reg. They have had the white house a year and a half and the Ossiah has done nothing to change the regs. Hmmmm.
Everybody wants the government to stay out of things. Then complain when the government doesn't set up more rules? How about a code of ethics. The business needs to recognize its responsibility to community and to the environment. It shouldn't take government intervention for someone to make sure the environment is safeguarded. I guess when your that big you make up your own rules. I hope they have to pay every cent for every problem and lawsuit that arises because of this without being allowed to jack up there prices to make us pay for it. That is right, I am all for a price ceiling on items that are practically a monopoly. Electricity, natural gas, gasoline.... Enough price gouging already.
 
reefraff

reefraff

Active Member
Originally Posted by IbanEz
http:///forum/post/3265134
Everybody wants the government to stay out of things. Then complain when the government doesn't set up more rules? How about a code of ethics. The business needs to recognize its responsibility to community and to the environment. It shouldn't take government intervention for someone to make sure the environment is safeguarded. I guess when your that big you make up your own rules. I hope they have to pay every cent for every problem and lawsuit that arises because of this without being allowed to jack up there prices to make us pay for it. That is right, I am all for a price ceiling on items that are practically a monopoly. Electricity, natural gas, gasoline.... Enough price gouging already.
Businesses following their own code of ethics would be a wonderful thing but it wont work for the same reason marxism doesn't. Human nature. Neither take into account sloth and greed.
I am all for government having reasonable regulations. Is it reasonable to require certain safety features on drilling equipment? Yes. Is it reasonable to place a price ceiling on gasoline? Hell no. The companies spend billions to produce this product. Why on earth would they risk that amount of money to produce the product if you take away the profit motive. Where was the government in the late 90's and early 2000's when oil was less than 20 a barrel and small companies where going belly up all across the country? In this case thank god for the profits they do make because not only is BP going to have to pay for the clean up, they are going to be hit with lawsuits from I don't know but likely thousands of fishermen that are going to be affected by this.
 
reefraff

reefraff

Active Member
Originally Posted by IbanEz
http:///forum/post/3265167
I would love too, but I would have to be sponsored.
If BP had any smarts they would jump in and do just that. Good PR move and gets the job done for less money than if they hire a private contractor to do the work. If I wasn't a gimp I'd go help out but then again if I wasn't a gimp I wouldn't have the time,
 
ibanez

ibanez

Member
When a company is making billions of dollars profit, more than ever before, in a down spiraling economy, where they have people bent over a barrel with no other options, and they pay their executives more in one bonus than many wealthy people make in a lifetime, and their greed causes the rest of the country to suffer on a grand scale, something should be done to regulate that. I can't wait till someone makes a super battery and puts them out of business. Just like gm they will probably get bailed out.
 
reefraff

reefraff

Active Member
Originally Posted by IbanEz
http:///forum/post/3265230
When a company is making billions of dollars profit, more than ever before, in a down spiraling economy, where they have people bent over a barrel with no other options, and they pay their executives more in one bonus than many wealthy people make in a lifetime, and their greed causes the rest of the country to suffer on a grand scale, something should be done to regulate that. I can't wait till someone makes a super battery and puts them out of business. Just like gm they will probably get bailed out.
If you want to make big profits go into pharmaceuticals, lot better margin of profit than the oil companies ever dreamed of.
 
stdreb27

stdreb27

Active Member
Lol. The money they're gonna lose this year from this disaster will make you feel better... You're talking hundreds of millions of dollars
 
ibanez

ibanez

Member
Originally Posted by reefraff
http:///forum/post/3265264
If you want to make big profits go into pharmaceuticals, lot better margin of profit than the oil companies ever dreamed of.
Just what kind of "pharmaceuticals" are we talking about here. I'll bet they don't lose as much as they should.
 
reefraff

reefraff

Active Member
Originally Posted by IbanEz
http:///forum/post/3265303
Just what kind of "pharmaceuticals" are we talking about here. I'll bet they don't lose as much as they should.
Pfizer. Merck etc. They make better than 15%. Exxon Mobil made just under 7%. When people attack them for the size of their quarterly profit but they never mention what they spent to produce that profit.
 
reefraff

reefraff

Active Member
Originally Posted by stdreb27
http:///forum/post/3265295
Lol. The money they're gonna lose this year from this disaster will make you feel better... You're talking hundreds of millions of dollars
I bet by the time it's all said and done it will top a billion. This is going to be expensive. It could take years for the fisheries to come back. I would be shocked if they don't lose a couple class action suits unless there is a miraculous turn of events over the next few days.
 
bionicarm

bionicarm

Active Member
They've already banned fishing within the Mississippi Delta, and all the areas where the oil slick is located for at least 10 days. This will most likely 'do in' any of the local fisherman that are struggling to make ends meet at this time. The questions they are asking is, "Whose going to compensate me for ending my livelihood? I'm not just worried about this season, but any fishing season for the next several years. Whose going to make my

[hr]
payment, my boat payment, my other bills?" You can expect not only rising prices in gas and other petroleum products, but I would guess the cost of speciality seafood like shrimp and crabs will double in the next couple of weeks.
 
reefraff

reefraff

Active Member
Originally Posted by bionicarm
http:///forum/post/3265358
They've already banned fishing within the Mississippi Delta, and all the areas where the oil slick is located for at least 10 days. This will most likely 'do in' any of the local fisherman that are struggling to make ends meet at this time. The questions they are asking is, "Whose going to compensate me for ending my livelihood? I'm not just worried about this season, but any fishing season for the next several years. Whose going to make my

[hr]
payment, my boat payment, my other bills?" You can expect not only rising prices in gas and other petroleum products, but I would guess the cost of speciality seafood like shrimp and crabs will double in the next couple of weeks.
BP will have to pay all that. I am sure there will be some sort of government hand out. I'm not saying these people shouldn't be helped but when there is no doubt about BP's legal liability so they should be forced to foot the bills up front. Of course that wouldn't allow the politicians to look generous so.....
The only way this will have any real price effect would be if the government does something stupid like shut production down in the gulf. I can see them requiring a retrofit for those remote valves but if they give them a wide enough window of time to do the work it shouldn't really have any real impact on price. Of course that doesn't mean the speculators wont take advantage and push the market like they did a few years ago.
 
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