B.P.'s Gulf of Mexico Oil Spill Thread (it's all here).....
- Thread starter Praxius
- Start date
The depths of stupidity to which the human being can sink to for the sake of profit is utterly astounding.
I doubt BP could go under but it'd sure be nice.
I doubt BP could go under but it'd sure be nice.
After watching Exxon Mobil come back after the Valdez disaster, I doubt that BP will fold, but I am with you in sincerely hoping that they do, LG.
Considering that this might have happened to any rig, Socrates, I would hesistate to talk about American greed. Would you have said the same thing about Canada had the rig been off the NFLD coast?
What would the environmental impact be? I remember when Saddam blew the oil wells in Kuwait and it was not good..
BBC News - US considers setting fire to Gulf of Mexico oil leak
What are your thoughts?
Good idea to burn or do you know of a better idea?
Probably even when it impacted Canada and the lives lost on the oil rig would be Canadian lives..
You think Yanks are greedier than Canadians? From my considerable experience with Yanks, I'd say maybe the shoe is on the other foot. The average American is actually fairly generous.
There are still 11 men missing, and they are not expected to be found.
The rig belongs to Transocean, the world’s biggest offshore drilling contractor. The rig was originally contracted through the year 2013 to BP and was working on BP’s Macondo exploration well when the fire broke out. The rig costs about $500,000 per day to contract. The full drilling spread, with helicopters and support vessels and other services, will cost closer to $1,000,000 per day to operate in the course of drilling for oil and gas. The rig cost about $350,000,000 to build in 2001 and would cost at least double that to replace today.
The Gulf oil rig explosion – on the scene photos | Watts Up With That?
The rig belongs to Transocean, the world’s biggest offshore drilling contractor. The rig was originally contracted through the year 2013 to BP and was working on BP’s Macondo exploration well when the fire broke out. The rig costs about $500,000 per day to contract. The full drilling spread, with helicopters and support vessels and other services, will cost closer to $1,000,000 per day to operate in the course of drilling for oil and gas. The rig cost about $350,000,000 to build in 2001 and would cost at least double that to replace today.
The Gulf oil rig explosion – on the scene photos | Watts Up With That?
I'd suggest that it isn't necessarily people's greed, but the companies' greed for profits. People are just people and some are greedy, some aren't. Companies are always looking to profit. There's a big difference between people and companies.
Not really- companies are comprised of people called shareholders, I'm a shareholder and if I'm not making a profit I'm taking my money away from the risk. Then there is no more company, if a number of people think the same as I do.
To a point, but the entire motive for a company is given by the board of directors. Shareholders are a dime a dozen but they don't decide how the company gets its profits. Board directors are the guiding hands and their prime directive is profit. And as they represent the company, the company's prime directive is profit. Lots of companies don't even have shareholders, but their prime motivation is still profit.
This was an accident with tragic consequences, does it mean off shore drilling should be completely stopped? No but safety measures must be looked at..
In The End what's important right now is the tragic 11 lives lost and the environmental impact, of course that doesn't matter to Anti-American Ranters like yourself because continuously trashing the United States is more important.. ;-)