You know folks, I’m not happy what is taking place, but this go for the throat attitude toward BP serves nobody well, unless you’re Barack Obama and his fascist flying monkey squad.
Do we really need to buttress their position on this?
I am hoping this won’t have the full negative impact that we are each fearful of. And I must say, if I were living in the areas affected, I’d be angry, no doubt.
Anyone who thinks BP wanted this to take place, is kidding themselves. This is a very bad scenario for them. Oil companies already have high negatives. This is certain to add to them.
Now, as for denying BP rights in the Gulf, the U.S. doesn’t have control of drilling in international waters. This may not have been international waters, but my guess is that it was. If not, do we really want to let Vietnam, China, Mexico, Cuba and everyone else to drill in the Gulf, and deny BP?
What we should be doing is ramping up drilling. Instead one of these accidents takes place, a once in 25 years event, and we all of a sudden get shaky knees and start sounding like a group ANSWER bussed in.
Enough already.
Dittos.
See #57...
No kidding. If they just took a deep breath and did the math:
5000 bbl*$80/BBL=$400,000.00 per DAY going into the water, not to mention the cleanup costs and whatever other liabilities they get stuck with.
No one in the oil industry wants a trainwreck. We get enough bad press as it is. It's a real pain when even a little of that is actually deserved.
DO this would be within the control of the US as we control 200 nautical miles offshore as an Exclusive Economic Zone. This EEZ applies around the world. The feds put areas up for bid within our EEZ and allot rights to those selected as bid winners.