BP getting lash every which way till Sunday!

[Deepthoughts]

Here's the latest Satellite image of the gulf if anyone's interested. Its a REAL mess.

http://bit.ly/91KCIY

[Rainman]

Here's the latest Satellite image of the gulf if anyone's interested. Its a REAL mess.

http://bit.ly/91KCIY

what's funny about it?

[damieG82]

anyone boycotting Castrol products becuz of this spill?

You do know BP makes Castrol right

[Alpha_2nr]

^^BP makes components that MANY oils on the market use.

Keep in mind, there are many brands of engine oils, but very FEW mass producing companies in terms of drilling and exploration....by comparison.

If yuh want to boycott BP, go and buy ENEOS or G-oil.

[nemesis]

Mobil is non-BP!

[damieG82]

so is Shell.... there are quite a few options out there, so its very easy to boycott BP

[Rainman]

so is Shell.... there are quite a few options out there, so its very easy to boycott BP

And you're boycotting BP because.................?

[damieG82]

so is Shell.... there are quite a few options out there, so its very easy to boycott BP

And you're boycotting BP because.................?

their handling of the oil spill... or rather, lack thereof. They claim to take full responsibility, and while they are attempting to cap the well, the Gulf coast is becoming an epic environmental disaster. The mere fact Larry King can host a telethon and have half of hollywood show up to answer calls is proof BP hasn't even made a pin print in the cleanup effort for simple lack of caring about it

And then there's the CEO.... a complete douche who every monday morning it seems shows his true colours via word or deed. Maybe if they start to feel the pinch by boycotting their products, it'll send the message.... to do otherwise tantamount to aiding and abetting BP's 'so what' attitude

[16 cycles]

^

The mere fact Larry King can host a telethon and have half of hollywood show up to answer calls is proof BP hasn't even made a pin print in the cleanup effort for simple lack of caring about it

??? this passes as sound reasoning now ???

NEW YORK (CNNMoney.com) -- BP has spent $2 billion cleaning up the oil spill in the Gulf of Mexico, the company said Monday.

http://money.cnn.com/2010/06/21/news/co ... /index.htm

if a company has to go bankrupt, prefer its done by focusing on the clean up rather than a boycott...

[damieG82]

16 cycles its far from sound reasoning but its a testament to the reality of the situation.... if BP had been pumping $millions into a coordinated, comprehensive cleanup and further loss prevention initiative, do you think that telethon would have happened?? My answer is NO. As for that $2 billion they claim to have spent thus far, why isnt the public seeing this?! Manipulation of info is a hell of a thing and that 2 billion could include the cost of those relief wells and all the failed well cap attempts, so monies spent on actual cleanup may be significantly less.

As for grounds for going bankrupt, I gotta disagree there... esp under these circumstances. If BP was seen as giving a hoot about cleanup, by all means I would be screaming BUY CASTROL becuz I know they need the funds to aid their efforts. But the reality is they dont care... and the cavalier, apathetic attitude has rubbed millions the wrong way, me included, and I can't spend my hard earned money supporting a company like that

[Rainman]

So your response is to demonise and bankrupt the company that is responsible for the cleanup? Castrol sales wont put much of a dent in bp, but hey, if you're on the bandwagon and you're going on the ride, cest la vie.

[16 cycles]

^ understand your point....

regardless of the monies spent on any initiative, remember a telethon is free publicity for hollywood stars...albeit good intentions....

how would one prioritize addressing this problem, at the root or at the branch?

if they prioritized spending to fix the root cause, that makes sense....as well as addressing the clean up whilst coordinating clean-up activities.

if they had prioritized monies in clean up, and not at the root cause then that would have caused more damage to the environment - basically chasing one's own tail....

as for giving a hoot - 2 billion plus committing 20 billion more, halt on dividend payment, dedicating a significant part of technical competencies and resources to tackling the spill seems to be a step in the right direction

even ppl from the local office have been mobilized to help...

[Rainman]

16, I stopped posting in this thread for one reason, the people posting have NO clue about the realities of drilling, they are being swayed by news reports and interviews. Yes there were negligent acts and the persons responsible will be held accountable, right now the PRIMARY concern is and should be the environment.

[Rallyfignis]

16 cycles its far from sound reasoning but its a testament to the reality of the situation.... if BP had been pumping $millions into a coordinated, comprehensive cleanup and further loss prevention initiative, do you think that telethon would have happened?? My answer is NO. As for that $2 billion they claim to have spent thus far, why isnt the public seeing this?! Manipulation of info is a hell of a thing and that 2 billion could include the cost of those relief wells and all the failed well cap attempts, so monies spent on actual cleanup may be significantly less.

As for grounds for going bankrupt, I gotta disagree there... esp under these circumstances. If BP was seen as giving a hoot about cleanup, by all means I would be screaming BUY CASTROL becuz I know they need the funds to aid their efforts. But the reality is they dont care... and the cavalier, apathetic attitude has rubbed millions the wrong way, me included, and I can't spend my hard earned money supporting a company like that

You not too smart, eh?

[damieG82]

16 cycles I too understand where u coming from.... but IMO its a case of too little too late. If BP's marketing and PR team had half a brain they'd know perception is key when handling matters like this. The company needed to address the situation aggressively, from ALL quarters, ALL AT ONCE. Yes, capping the spill is critically important, and they have been trying (albeit mostly failing), but the cleanup is also of dire importance and I'm sorry, but nothing seems to suggest BP is focusing on it right with the same intensity... the attitude is "yes its something we have to do, and we'll get to it eventually". For a company with so much resources, it should be easy to address both issues simultaneously.

rainman I know Castrol is but one of a plethora of income sources for BP, but its one that the everyday man can use to send a message... and that's the problem with many societies today... corporations and governments f*&k up but everyone thinks its someone else's responsibility to speak up about it.... NO!! Everyone should... and if in my limited capacity it extends as far as choosing a different motor oil, then so be it. At least I let my voice be heard (so to speak)

WRT knowledge of drilling etc, I am not, nor ever professed to be, in the know. BUT I do know a thing or two about financial markets, company valuations etc, and trust me, if Castrol were to incur even 3% decline in sales becuz of this spill, BP will take stock, and so will shareholders. This naturally cannot bankrupt the company, and keep in mind I never brought that up.... my boycott stance refers to producing a tangible 'penalty' for BP on the part of consumers, not outright bankrupting them

You not too smart, eh?

wow, yea... I'm so overwhelmed by your intellectually superior contribution

[Bezman]

http://www.thedailyshow.com/watch/tue-j ... al-s-balls

interesting bit on the MMS and BP

[16 cycles]

....but nothing seems to suggest BP is focusing on it right with the same intensity... the attitude is "yes its something we have to do, and we'll get to it eventually". For a company with so much resources, it should be easy to address both issues simultaneously....

Release date: 22 April 2010
BP today activated an extensive oil spill response in the US Gulf of Mexico following the fire and subsequent sinking of the Transocean Deepwater Horizon drilling rig 130 miles south-east of New Orleans.
BP is assisting Transocean in an assessment of the well and subsea blow out preventer with remotely operated vehicles.

BP has also initiated a plan for the drilling of a relief well, if required. A nearby drilling rig will be used to drill the well. The rig is available to begin activity immediately.
BP has mobilized a flotilla of vessels and resources that includes:

* significant mechanical recovery capacity;
* 32 spill response vessels including a large storage barge;
* skimming capacity of more than 171,000 barrels per day, with more available if needed;
* offshore storage capacity of 122,000 barrels and additional 175,000 barrels available and on standby;
* supplies of more than 100,000 gallons of dispersants and four aircraft ready to spray dispersant to the spill, and the pre-approval of the US Coast Guard to use them;
* 500,000 feet of boom increasing to 1,000,000 feet of boom by day’s end;
* pre-planned forecasting of 48-hour spill trajectory which indicates spilled oil will remain well offshore during that period;
* pre-planned staging of resources for protection of environmentally sensitive areas.

"We are determined to do everything in our power to contain this oil spill and resolve the situation as rapidly, safely and effectively as possible," said Group Chief Executive Tony Hayward. "We have assembled and are now deploying world-class facilities, resources and expertise, and can call on more if needed. There should be no doubt of our resolve to limit the escape of oil and protect the marine and coastal environments from its effects."

As part of its planning and approval requirement prior to offshore activity, the area was evaluated for use of dispersants and the plans approved by the US Coast Guard which has now given the go-ahead for their use.

[Bezman]

i find ya real defending BP there boy, like ya have a big work there

[16 cycles]

^ in the oil and gas business..........yes...wrapping doubles...and passing flatulence when i see fit...

[Rainman]

rainman I know Castrol is but one of a plethora of income sources for BP, but its one that the everyday man can use to send a message... and that's the problem with many societies today... corporations and governments f*&k up but everyone thinks its someone else's responsibility to speak up about it.... NO!! Everyone should... and if in my limited capacity it extends as far as choosing a different motor oil, then so be it. At least I let my voice be heard (so to speak)

WRT knowledge of drilling etc, I am not, nor ever professed to be, in the know. BUT I do know a thing or two about financial markets, company valuations etc, and trust me, if Castrol were to incur even 3% decline in sales becuz of this spill, BP will take stock, and so will shareholders. This naturally cannot bankrupt the company, and keep in mind I never brought that up.... my boycott stance refers to producing a tangible 'penalty' for BP on the part of consumers, not outright bankrupting them

You still leave a fundamental question unanswered, i asked earlier why YOU, personally would try to boycott bp? assuming you live in Trinidad of course. Don't trivialize bp's contributions to our local economy.

[TriniVdub]

....but nothing seems to suggest BP is focusing on it right with the same intensity... the attitude is "yes its something we have to do, and we'll get to it eventually". For a company with so much resources, it should be easy to address both issues simultaneously....

Release date: 22 April 2010
BP today activated an extensive oil spill response in the US Gulf of Mexico following the fire and subsequent sinking of the Transocean Deepwater Horizon drilling rig 130 miles south-east of New Orleans.
BP is assisting Transocean in an assessment of the well and subsea blow out preventer with remotely operated vehicles.

BP has also initiated a plan for the drilling of a relief well, if required. A nearby drilling rig will be used to drill the well. The rig is available to begin activity immediately.
BP has mobilized a flotilla of vessels and resources that includes:

* significant mechanical recovery capacity;
* 32 spill response vessels including a large storage barge;
* skimming capacity of more than 171,000 barrels per day, with more available if needed;
* offshore storage capacity of 122,000 barrels and additional 175,000 barrels available and on standby;
* supplies of more than 100,000 gallons of dispersants and four aircraft ready to spray dispersant to the spill, and the pre-approval of the US Coast Guard to use them;
* 500,000 feet of boom increasing to 1,000,000 feet of boom by day’s end;
* pre-planned forecasting of 48-hour spill trajectory which indicates spilled oil will remain well offshore during that period;
* pre-planned staging of resources for protection of environmentally sensitive areas.

"We are determined to do everything in our power to contain this oil spill and resolve the situation as rapidly, safely and effectively as possible," said Group Chief Executive Tony Hayward. "We have assembled and are now deploying world-class facilities, resources and expertise, and can call on more if needed. There should be no doubt of our resolve to limit the escape of oil and protect the marine and coastal environments from its effects."

As part of its planning and approval requirement prior to offshore activity, the area was evaluated for use of dispersants and the plans approved by the US Coast Guard which has now given the go-ahead for their use.

I agree with 16 cycles to a point in that I know the difficulties involved in trying to stop this leak, its not easy plugging a "hole" over a mile away.

But in response to the above statement quoted i would have to disagree its been two months and the oil spill is far from being contained, in fact due to the understated amount being poured out on a daily basis the spill has spread a lot further than anyone anticipated. However it does not make sense for BP to spread there resources equally as you stated Damien, its in fact more ideal for them to put most of their resources and finances into sealing the well first, once that has been completed then they can refocus all efforts on clean up. And I believe thats what they are trying to do.

[Rallyfignis]

You not too smart, eh?

wow, yea... I'm so overwhelmed by your intellectually superior contribution [/quote]

I don't know much, but I know if you are boycotting BP that you=not too smart

[damieG82]

16 cycles for every article you can cite about what BP has done, there are 5 more about what they haven't. In a nutshell their response was far too slow and severely below what was required at the time to contain the spill and mitigate its impact. So now they're playing a game of catch up and damage control (literally and figuratively)

rainman if a man murders someone, sets the house on fire, but runs back in to save the baby, does that nullify everything else? I think not. Yes BP has made significant contributions locally but one cannot be that myopic to forget that its an international profit seeking powerhouse. In similar regard to 16 cycles' speculation of the motives of the celebs who attended the telethon, so too I can speculate as to the motives of BP (and any other company for that matter) for doing good in a particular society. Don't think for a minute that some calculated gain isn't at the root of such good-doing.

As for why I would boycott them, I answered u... becuz of all the reasons I stated before. And as if that's not enough, I also have family and friends residing in the Gulf coast region, and the spill has directly affected a few of them. All of them have boycotted BP stations and products there, and in solidarity I choose to boycott BP too. Its my choice, and the choice of many others (affected or not, worldwide), but it doesn't have to be yours... to each his own

triniVdub I hear ya, but I can't help but think that by the time the well is capped, the destruction that would have ensued will take decades to fix, at a cost far beyond anything BP can financially manage. It has to be a simultaneous response while a "relatively fast" cleanup is possible, otherwise that whole region is royally screwed

[TriniVdub]

http://paulrademacher.com/oilspill/#trinidad gives you an idea of just how large the spill has become. ...at this stage I don't think its even possible to clean this mess up, at least not within the next 20 years or so...pretty insane

[sharkman121]

[zcarz]

[~*Pãñdorą*~]