BP Gulf spill costs hit $2 billion; no end yet
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0
goodDonkey
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I'll bet "gross negligence or willful misconduct" will be what is hammered out in court and then we'll see if Anadarko Petroleum Corp and Mitsui and Co Ltd have to pony up for this blunder too. 25% is a huge stake for Anadarko to get off scott free.
Sounds improbable if not impossible. I would hate to think of this leak going on into the autumn. I have to admit that it is my ignorance that makes it seem impossible but I have just lost all hope of recovering the seashore and wetlands.
The "$105 million paid out so far to 32,000 claimants" represents only 5.25% of the $2 billion BP has spent so far. I hope the $20 billion fund is only used for claims. Hopefully, they are spending other money for containment, sealing off the well and even the majority of the clean-up costs are not taken out of the escrow fund. I do realize that the article said the $2 billion did not come out of the escrow fund.
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Badsey
I wonder if BP will give Rahm another free DC apartment for his Gulf work.
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adaydream
Apologize again Congressman Barton. Tell us how BP has been shaken down. The cost to date has been $2Billion and it only been 2 months.
Who else wants to apologize for this shake down? < :-)
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SushiSake3
Our Sarah "Drill baby, drill!" Palin is keeping uncharacteristically quiet....
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grafton
Finally the American co accused are getting some publicity.
I just wonder if the bad tempered leader is going to call them to the Whitehouse for a serious talking to? I doubt it, too much campaign money could be lost if he upsets the men with the cheque books.
What I am waiting for are the court cases when BP can go public with who really was responsible for this accident and who did all they could not to pay a cent towards cleaning up the coast of their own country. I think this scapegoat is going to bite back big time. It will be interesting to see how Obama slides out from under this.
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grafton
You will remember I have been talking about these other companies for some time now. Strangely nobody else wanted to say anything, it seems even the “small people” didn’t (don’t) want to admit that Americans could have got things wrong.
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smithinjapan
sushisake: "Our Sarah "Drill baby, drill!" Palin is keeping uncharacteristically quiet...."
Oh, come on now! We know she can see it from her house, and she's thinking long and hard how to blame this on Obama, like others on this site try to do.
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grafton
smithinjapan at 07:27 PM JST - 22nd June
“she's thinking long and hard how to blame this on Obama, like others on this site try to do.”
What was it that Nixon said about the buck and where it stops?
Something that Obama might have to get used to. Me? I don’t blame him for the accident in the Gulf, but his handling of it has made all Americans look like money grabbing victims of that Imperial nasty Britain. Sorry but bad acting by Obama and that team on the committee isn’t doing the US and favours.
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Taka313
How far away from this being the worst man made disaster on record? We've got to be coming close. This is going to kill the Gulf.
Taka
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Sarge
Sushi/smith - Ya'll must have missed this one:
palintv.com/category/bpoilspill
"How far away from this being the worst man made disaster on record?"
This BP oil spill is nothing compared to the disaster of the Obama administration.
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TumbleDry
Sarge: Thanks for the link. Just one question, after a governor resigned or didn't get reelected, can he/she keep the "governor" title?
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arrestpaul
I don't know if it's legally or gramerically(sp?) correct but it does seem to be the common or accepted practice.
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arrestpaul
Many early media reports continually and incorrectly used the name British Petroleum when referring to BP. I don't believe that the "small" people in the U.S. are confusing BP/British Petroleum with the British people or the British government.
BP, it's partners and the companies it hired are in deep fianancial trouble. Their inability to stop the oil flow makes them look incompetent and Hayward is a public relations nightmare.
The Obama administrations inability to mount a realistic effort to protect the fishing grounds and coastal areas is an even worse PR disaster. Refusing help from 12 or 13 nations makes them look stupid or that they are playing political games to use this crisis for their parties benefit.
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grafton
arrestpaul at 11:00 PM JST - 22nd June
As far as government and big business goes I agree with you, and Heyward really isn’t the man that should ever have been allowed to get in front of a camera.
I’m sorry but I think you are giving far too much credit to the intelligence of the “small” people of America in this instance. Obama is trying to play them and the US media has gone along with this for some strange nationalist type reasons of their own. You need to read some of the posts that are being made on both American and British newspapers to see just what level of vitriol this had generated towards Britain. No, Hayward hasn’t help this along, what comes out of that man’s mouth is almost as toxic as what’s coming out of the Gulf sea bed. But his bad attitude and PR is also a god send for Obama who has managed to hide his governments involvement and failures in all this.
I really am waiting for the court cases to start, because I really can’t see BP taking the blame and paying the price when the co guilty get to walk away. We all know that BP is not that nice and not that forgiving. I can see some US companies going down because of this. Then the question the American people might want to ask is why Obama played games and twisted the truth at this stage of the oil leak.
The US government didn’t drill that well, but then neither did BP, they were both sent reports from the companies that were doing the drilling and other work and they both believed those reports. Fine BP is the owner and therefore ultimately responsible (and they are paying, though others are trying not to) but isn’t also true that the US government has a responsibility to the American people to make sure these things don’t happen? Where were the US government inspectors?
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DeepSpace
we can put a man on the moon , but we can not plug a 24 inch pipe. where have all the smart people gone?
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goodDonkey
grafton said:
Try Harry Truman. He had that sign on his desk. Colonel A. B. Warfield coined the phrase.
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