BP to put $20 Billion into an escrow account as the President demanded

[Balt]

http://www.wkrg.com/gulf_oil_spill/...-of-bp-shakedown/897073/Jun-17-2010_11-37-am/

Barton has received at least $100,470 in political contributions from oil and gas interests.

 

[Sheik Yerbouti]

http://www.wkrg.com/gulf_oil_spill/...-of-bp-shakedown/897073/Jun-17-2010_11-37-am/

ROFL.... Me thinks the asshat doth protest too much...

Next time he may want wipe the jizz from his chin before he gets in front of the microphone.

 

[herm0016]

Sometimes I'm inspired to print out your posts Danube, invent a time machine, travel back to before your conception and offer your mom a contraceptive and the printout of your posts.

Let's travel down a path called "logic"

a) A total of 4 skimmers
b) A spill 5,000ft below the surface of the ocean
c) An oil slick around 1,000+ square miles large.
d) A Claim that 4 skimmers could collect twice the amount of oil per day that is being leaked.

Gentlemen I offer that one skimmer that is conducting burns could burn all the oil spilling from the spill. It's so simple; theoretically you could burn an infinite amount of oil in a day given enough oxygen and surface area. Therefore all they have to do is magically make sure all the oil from 1,500M below the surface arrives right in the middle of the burn booms and bingo!!!! no more disaster, why haven’t we thought of this before!!!!!!!!!!!

I imagine the EPA turned down these skimmers because using the density difference of oil/water fucking fails when the oil is emulsified. It's the reason burn booms are used and Kevin Costner's magical machine is nothing but a joke. These four skimmers would provide nearly no additional benefit to the cleanup. I really hope they do an honest tally of true oil collected now that they are being deployed due to retarded sensationalism. That way when its shown they only contributed to the emulsification of the oil/water mixture and collected maybe a couple hundred barrels of oil I can laugh at all the political hacks who have shit for brains on this forum.

who's the sensationalist? I know you think you know everything, but i highly doubt they would be that ineffective. basically what you are saying is that it is not worth running any surface cleanup efforts because it will only collect a little bit of oil.

 

[CLite]

who's the sensationalist? I know you think you know everything, but i highly doubt they would be that ineffective. basically what you are saying is that it is not worth running any surface cleanup efforts because it will only collect a little bit of oil.

Am I a sensationalist for perhaps understating the effectiveness of the Dutch booms by a factor of 5-10?

Or is the article sensationalist for claiming the Dutch ships could scoop up 120k barrels/day and noted that BP only collected 60k barrels which is a fraction of what 4 ships supposedly could do in a day.

Yes I added sarcasm, but it was in response to an article on the same level of what a monkey sitting next to a typewritter and getting shocked every 5 seconds would produce.

 

[herm0016]

to quote myself:

we just need to use our F@#$#^% heads sometimes.

i would say yes. you are. and so is the other thinking they would be magic and clean everything up. but neither is a reason to not use them.

 

[CLite]

I don't know the whole story, at face value I would say we might as well use them. However, the article provides a very biased opinion which does not fully sound out the EPA's logic.

As I said the effectiveness of these skims is going to be negligble, their tanks will get full of a foamy surface film which has broken down hydrocarbon particles which will not readily seperate into a water/oil column. It will just be a big messy pool with perhaps slightly less contaminated water being discharged back into the ocean.

Of course this is my opinion, it could be wrong, but it's a better opinion than an article that claims 120k barrel a day collection rates for 4 vessels.

 

[ElFenix]

new orleans has asked for $75 million over 3 years to offset losses from tourism

wtf no one goes to NO for the beaches

they go to drink half yard daiquiris in the street, strip clubs, and gambling

 

[Darwin333]

I don't know the whole story, at face value I would say we might as well use them. However, the article provides a very biased opinion which does not fully sound out the EPA's logic.

As I said the effectiveness of these skims is going to be negligble, their tanks will get full of a foamy surface film which has broken down hydrocarbon particles which will not readily seperate into a water/oil column. It will just be a big messy pool with perhaps slightly less contaminated water being discharged back into the ocean.

Of course this is my opinion, it could be wrong, but it's a better opinion than an article that claims 120k barrel a day collection rates for 4 vessels.

Lets assume you are right, the president could easily obtain 4 tankers (make it 6 so you can rotate em if needed) to trail the skimmers. Offload the slush to the tankers so that nothing is discharged back into the water. Any other problems I can help solve for you?

Actually, we have been calling for the use of oil tankers AS skimmers since the beginning like they did in Saudi Arabia. I guess actually removing the oil from the water didn't sound like a good idea to the people who make the decisions.

 

[werepossum]

I thought that 66 would be plenty, like I said they would also have the ability to fine the shit out of the company. If the inspector wakes up to find an important decision had been made behind his back the company gets slapped with a 5 million dollar fine (I figure the fine should be 10 times the daily cost of operating the rig, wanna save a day of drilling time its gonna cost ya 10 times as much) and you got a real unhappy inspector that you gotta live with. Nothing worse than a pissed off oil man who has the ability to make your life hell AND cost you a small fortune. But sure, increase the number if you want, that is just details.

As far as divers and the rest, I don't think that is that necessary. They are drilling in water way to deep to dive in, technical specialist when needed can be farmed out to private companies. Don't know how much support those guys will need but I can't imagine much that isn't already in place. I still think we should make the industry purchase and retrofit a rig that is designed to do exactly what the drilling rig out there is doing now, cap the well with a device that is already engineered and waiting (in lieu of the hasitly designed and built stuff they are currently using) and a team of the best blow out and well containment specialists we have ready to respond almost immediately. The last part would be costly but if you make the entire industry pay for it then it wouldn't hurt em too bad.

I'll defer to your knowledge on the details, but I like the plan. I can't help thinking though about that argument that supposedly took place eleven hours before the explosion. That'd be a hell of a way to wake up!

 

[Fern]

Some bad news, IMO anyway.

BP doesn't have $20 Billion in cash or Current Assets.

The money won't be going out quickly either, if only because it won't be coming in quickly. Looks more like they'll be paying it into the escrow over about a 4 year period:

BP will initially make payments of $3 billion in the third quarter and $2 billion in the fourth quarter. After that a payment of $1.25 billion will be made per quarter until a total of $20 billion has been paid in, the company said.

Fern

 

[theeedude]

new orleans has asked for $75 million over 3 years to offset losses from tourism

wtf no one goes to NO for the beaches

they go to drink half yard daiquiris in the street, strip clubs, and gambling

that's why they only asked for $25M per year. If it was Miami Beach, they would have asked for a lot more.

 

[werepossum]

Some bad news, IMO anyway.

BP doesn't have $20 Billion in cash or Current Assets.

The money won't be going out quickly either, if only because it won't be coming in quickly. Looks more like they'll be paying it into the escrow over about a 4 year period:



Fern

That is bad news, but $3 billion is nothing to sneeze at. Well, unless you're in the federal government.

 

[IGBT]

wait till the cap/trade shake down starts.