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  #11  
Old 06-20-2010, 09:41 PM
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Quote:
Originally Posted by nom3rcy View Post
Every politician has received substantial sums from the oil industry...
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  #12  
Old 06-21-2010, 05:19 PM
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America loves oil, why are we pretending that we don't or criminalizing those who obviously gain...jealous
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  #13  
Old 06-21-2010, 05:20 PM
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Quote:
Originally Posted by FSETH View Post
Yeah, that $6 billion is per quarter. I guess if you make billions and billions year after year, it is probably pretty easy.
Well that is 75% of their yearly earning, don't care how much you make that is substantial.
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We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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  #14  
Old 06-21-2010, 05:35 PM
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Originally Posted by Wagner View Post
Well that is 75% of their yearly earning, don't care how much you make that is substantial.
It is, but they aren't going to get any sympathy from me. This is one of the worst environmental disasters in U.S. history from one of these companies that cut corners and sacrifice safety for a few extra dimes when they are already making billions of dollars.
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Old 06-21-2010, 08:06 PM
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Originally Posted by FSETH View Post
It is, but they aren't going to get any sympathy from me. This is one of the worst environmental disasters in U.S. history from one of these companies that cut corners and sacrifice safety for a few extra dimes when they are already making billions of dollars.
Not asking for any sympathy for the league leader in EPA violations (90%+ of all in the last 10 years). Just saying, its isn't a small amount to pay. I'd love to know where Congress has been all this time as it's been cutting lease licenses to BP. How come Royal Dutch (Shell) and Chevron seem to be using the better of two well designs when BP (number one commodity producer) is using the cheapest version almost routinely?

And it is minimally sickening to hear British representatives say "please say BP, not British Petroleum since 49% of the company is owned by Americans".

Also, kills me to say this.but., I have no love for the little man on this one: Franchised BP stations say 'don't boycott us' - CHARLESTON, SC NEWS - LIVE 5 WCSC Breaking News, Weather, Sports

Looks like they should call Shell, Chevron, Exxon (yes, Exxon) or some other franchise ASAP.
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We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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  #16  
Old 06-21-2010, 08:13 PM
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Ah, how convenient for the EPA to jump on the bandwagon now..when it should have been publicizing this prior to you know, a gigantic catastrophe. I'm always amazed how the government wants more power when it can't even use what it has correctly.....

EPA Considering Banning BP from Gov't Contracts - CBS News

I'm sure though that this will somehow get laid at businesses door step and not the governments. I can hear the calls for "more oversight" and "regulation" now.....
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We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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  #17  
Old 06-21-2010, 08:17 PM
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And some BP stats:

Market capitalisation $181 billion (at 31 Dec 2009)
Sales & Other operating revenue1 $239 billion (at 31 Dec 2009)
Capital employed2 $136.7 billion (at 31 Dec 2009)
Replacement cost profit3 $14.0 billion (year 2009)
Number of employees 80300
In business since4 Amoco 1889
ARCO 1866
BP 1909 (first oil discovered in 1908)
BP Amoco 1998
Proved reserves5 18.3 billion barrels of oil equivalent
Refining throughput 2.3 million barrels per day (year 2009)
Daily refined product sales 5.9 million barrels (year 2009)
Service stations6 22400
Wholesale/retail product marketing Active in over 80 countries
Exploration and production Active in 30 countries
Refineries (in which BP has an interest) 16
Community expenditure $106.8 million
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An unwavering defender of those I see worth protecting.

"promote the general welfare, not provide the general welfare"

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

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  #18  
Old 06-21-2010, 11:42 PM
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A British politician once said " BP is the unacceptable face of capitalism " .
it was only a matter of time until something like this happened due to way they operate .
and yes , governments should ensure only the safest systems are used .
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