BP - Liar, liar, oil on fire!

[bernynhel]

BP claimed that the oil spewing from their well in the Gulf of Mexico was about 5k barrels a day and that there was no way to analyze what the true volume is.

It turns out that academia disagrees. Moreover, there are proven and widely accepted means of analyzing videos of moving fluids and a short video, finally released by BP, of the spilling goop has been determined to be actually flowing at a rate of between 20k to up to 100k barrels a day. This means, at the lowest estimate, the BP spill had, already, exceeded the Exxon Valdez after the first week since the rig explosion. And that was three weeks ago.

The average estimate, however, is in the 60k barrel per day range which means that the Gulf spill, beginning on April 20, could have easily surpassed the Valdez spill at about half way through the fourth day.

 

[skiny]

BP service stations have started a customer appreciation sale. Tune ups for as little as $12,000, tire rotation $9000 (balance, pressure check and new valve stem included.)

While you wait stop inside for a coffee and donut. $600 each.

 

[maxd]

The scary thing is you know there is some BP bean-counter somewhere who has already thought "big spill = jump in prices; really big spill = state's problem not ours; so ... 'very sorry, can't cap that thing just now, gotta run some errands at the bank'". Believe it!

 

[vinylweatherman]

The scary thing is you know there is some BP bean-counter somewhere who has already thought "big spill = jump in prices; really big spill = state's problem not ours; so ... 'very sorry, can't cap that thing just now, gotta run some errands at the bank'". Believe it!

Short term gain,
Long term pain

It may well be the state, even the entire nation, cleaning up the mess, but BP aren't exactly short of "beans" to count, and after the inevitable enquiry, quite a few of these "beans" are going to get confiscated.

Further pain will come when environmentalists say "told you so, but you didn't listen", and government DO listen, and ban many of the drilling projects that would formerly have been passed with a few lightly greased palms.

 

[bernynhel]

I don't think BP is gonna come out smellin like a rose on this one. We'll see tho. Congress and 'bama are pretty pissed and PB hasn't even provided a decent video of the spill site when they've had hi-res camera equipped ROVs employed daily.

 

[maxd]

True, Obama does change the equation. Much less likely to be a corporate wrist-slap brush-off than would have been the probable outcome under the previous admin.

 

[bernynhel]

If it wasn't so serious, these quotes might get big laughs.

And now, the hilarious Tony Hayward, CEO BP Oil:

"The Gulf of Mexico is a very big ocean. The amount of volume of oil and dispersant we are putting into it is tiny in relation to the total water volume."

"I think I have said all along that the company will be judged not on the basis of an accident that, you know, frankly was not our accident..."

"A guesstimate is a guesstimate. And the guesstimate remains 5,000 barrels a day..."

"This is the fail-safe mechanism that clearly has failed..."

That Tony, what a card!!