Posted on 09/04/2014 8:59:17 AM PDT by shove_it
Edited on 09/04/2014 9:02:29 AM PDT by Admin Moderator. [history]
BP BP.LN -5.99% PLC was grossly negligent in the 2010 Deepwater Horizon rig explosion and oil spill, a federal judge ruled Thursday.
The decision by U.S. District Judge Carl Barbier in New Orleans means BP faces as much as $18 billion in civil penalties under the U.S. Clean Water Act for pollution in the Gulf of Mexico, far more than if the judge had found the company simply negligent.
(Excerpt) Read more at online.wsj.com ...
More federal government scamming to suck money from the private sector and throw it away on wealth redistribution schemes.
Gag me with a spoon.
Oh Boy , more money for the Obama/Holder Slush Fund
The fat lady has not yet sung in this matter.
This ‘finding’ wouldn’t have anything to do with massive sums of cash they could still be shaken down for... right?
The Government has to to really tank BP stock to make it attractive for a US company to snap up cheap.
Right!
You can bet quite a few lawyers got incredibly wealthy from this ordeal, along with God only knows how many generations of their families after them. Their great great great great grandchildren won’t need to work due to the money gotten from this. Barring one of the generations screwing up and losing the family fortune through stupidity, divorce, awful luck, or all three.
Hasn’t BP already spent billions on this? It is never enough. It is the government’s fault these oil companies are forced to drill so deep. I lay the blame for the disaster on the hands of liberal environmentalists. If the rig had been in shallow waters the disaster would have never happened.
Of course it is a government shakedown.
BP has a record of being grossly negligent. They didn’t pull proper maintaince in their North Slope fields and had spills all over the tundra that effected the Alaska pipeline. And the same lack of maintaince story when they almost blew up Texas city again.
Wait. How long after the blow ‘til BP starting getting their heads around how to fix the problem vs. how many DAYS/months did it take for the Fed. Gov’t to lift finger ONE?
Hummm, which one is more ‘negligent’?
Again, the corrupt black robbed thugs protecting their thug bread and butter
“It is the government’s fault these oil companies are forced to drill so deep. I lay the blame for the disaster on the hands of liberal environmentalists. If the rig had been in shallow waters the disaster would have never happened.”
We should lay the blame directly at the feet of Obama who not only approved of drilling in that area, but never did assign a sufficient number of federal inspectors to offshore drilling and the inspectors that did work for Obama were not on the Deep Water Horizon to ensure that BP followed procedures that would have prevented this disaster.
Nothing about the federal governments involvement with the concrete???
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