wow the video says it all

[sharkbait69]

If this doesn?t give us a good idea of just how bad this oil leak in the gulf really is. it?s a sad time for us. The gulf explosion and the ship that?s stuck in Australia.
How a company just haphazardly and single handedly destroyed so much in a name of greed, nothing else.
It would be hard to argue that anything else caused these problems other then greed.

http://www.liveleak.com/view?i=524_1273510578

 

[ming]

I don't think it was greed. A failsafe device failed to shut off the head of the well.
Its similar to if you're driving a car and something malfunctions causing an accident, its terrible but sometimes you just didn't foresee it coming.

Its sad that so much oil has leaked out, but BP so far seems like its doing what it can to try to stop the leak, and also said the $75 million limit (by federal law) on damages other then the cleanup will not be a limit. To me, BP is manning up, but it just remains to be seen when the checks are written.

BP chief executive Tony Hayward has said a $75 million legal cap on the liabilities for economic damages under federal law — which some U.S. lawmakers now want to raise — will not be a limit, and renewed promises to meet all “legitimate” claims.

 

[canorojas]

specially when BP had net profits estimated in 23 billion for 2010. i hope they sink really deep to be honest... we're hopeless against greed...agree in that.

 

[sharkbait69]

I don't think it was greed. A failsafe device failed to shut off the head of the well.
Its similar to if you're driving a car and something malfunctions causing an accident, its terrible but sometimes you just didn't foresee it coming.

Its sad that so much oil has leaked out, but BP so far seems like its doing what it can to try to stop the leak, and also said the $75 million limit (by federal law) on damages other then the cleanup will not be a limit. To me, BP is manning up, but it just remains to be seen when the checks are written.

ill have to find the article, but there was/were failsafe that were not inspected and some that were not up to par and like the one article was saying something about blow offs or something like that. I’m not an oil derrick worker so I’m not going to pretend I know. From I read, this could have prevented.
As to the ship, how can that not considered greed? They took a route that was not for traveling no captain all to save money.
I don’t know, maybe I’m wrong but in my book you cut corners to save on over all profits, that greed leading the way.
Im not against making money, but when you put profit over the welfare of anyone or anything, what do you call it.
lol BP is manning up, come on man.. what are they going to say... what??? what happen? no thats not ours... we got nothing to do with it...
Yeah, after the checks are writen and the insurance is cashed out, sure its money spent on a gamble that they lost.
the whole thing could have prevented.

 

[chanman]

yeah its terrible that it happened. But you'll say the same thing about BP(greed) if the gas prices were $5 a gallon. This isnt even close to the first time a thing like this happened. We're getting more news coverage of it because its near US territory. BP is owning up to mistakes by paying for the damages, what more is there? You want BP or any other company to stop drilling oil period? Then, you should stop driving your car too. If they drill less

Either way, the consumer(you, me, us, people) will always have something to complain about, thats the nature of their industry nowadays.

Focus should be on alternative fuel but for now it will just be another man-made disaster.

 

[motortrendz]

between australias reef,and the gulf... whats next?

 

[Audi0s]

Sharkbait I think it was something like 3 failsafes that all failed due to improper or no inspection at all. I hope BP takes a huge loss. Some of the larger oil companies pull in over 1000 a second.....profit... Let them deal with the fines and all of the cleanup, and make them keep on cleaning this up for years to come, because this will not wash away or disappear on its own. Sickening

 

[motortrendz]

they wont take a loss the price of fuel will go up again like every summer and they will just say its bc now theres a lack of production driving up costs.. WE will pay for it.. as usual then nxt year they will post another record braking profit year!

 

[Audi0s]

Yea, even more sickening.What a scam. Id like to think we can get by without cars or oil...but how the hell can I make money fixing cars if theres none out there!

 

[Killerdrgn]

lol BP is manning up, come on man.. what are they going to say... what??? what happen? no thats not ours... we got nothing to do with it...
Yeah, after the checks are writen and the insurance is cashed out, sure its money spent on a gamble that they lost.
the whole thing could have prevented.

Actually they did try to say that.

http://www.reuters.com/article/idUSTRE64578H20100506

"This was not our drilling rig and not our equipment. It was not our people, our systems or our processes. Their systems, their people, their equipment," BP Chief Executive Tony Hayward told the BBC on Tuesday.

And one of the failsafes that they opted to not install, Acoutic shut off valve, had a cost of $500,000. To me this is really a failure on their part on managing risks. They failed to account for catastrophic disasters, and did not prepare plans for such events.

 

[ming]

Put the decision in your own eyes. If its an opt in, then its optional. If something is not required by law, why would you opt to put a THIRD failsafe? That's like getting a NYS car inspection every 6 months as a "just in case" instead of every year. I guarantee nobody does that because its not a requirement. If anything, the law should be amended which it probably will be on the requirements of inspection and failsafes, and then you can blame then if they broke any law.

Also, you hope BP goes out of business, but the oil in the gulf accounts for about 30% of USA's oil. Factoring price and demand, the price will shoot up if you exclude that oil, and then everybody complains of greed again. So in the end, people are trying to put the blame on gas companies if they drill, and put more blame on the gas companies for not drilling. Are people just looking for someone to blame? I think so because that just helps people take their frustrations out.

I am only talking about the gulf oil spill, and not about the boat that went off course. I agree that the boat was greed to try take a short cut where he shouldn't have.

I am in no way affiliated, with or against gas companies. I am just looking at the situation objectively..

 

[BILBO913]

it a tragity no doubt. its kinda sad that humanity is destroying everything in its path to make money. im sure the technoligy is there to avoid drilling but y use it if everyone is depends on it. were all suckers. horse and buggies thats what i say

 

[motortrendz]

if there was no money, just think abt how different the world would be.. if there was just a barter type system.. ah who knows.. itll never work..

 

[Audi0s]

Im with you on that...thats how my tank got setup, and Ive bartered repairs for lights/skimmer/powerheads in the past.

 

[fish keeper 7]

Disgusting.....

 

[Imbarrie]

I think everyone in the industry has come to the conclusion that BP has been lax on safety for the last decade. This includes the oil workers that are on the rigs.
The fact that BP is the only company, operating in the Gulf, that does not include the 'optional' cut offs is because they would rather have the money.
That is greed.


Sent from my iPhone using Reefs

 

[Alex]

Greed or not, It is a sad day. The impact that this had made on wildlife and life as we know it, will be felt for years. No amount of money can bring back what we have lost.

 

[Killerdrgn]

The safety inspection thing is a really poor analogy, a better analogy would be if Toyota installed a $50 manual brake option in their cars. And as I said their risk management did a piss poor job of factoring costs vs potential losses. it's $500,000 x however many rigs in the gulf vs the catastrophic cost of this clean up which will total into the billions (and not including the loss of customer and government goodwill).
Even if it will cost BP a single billion to clean up this mess they could have used that money to install the acoustic shut off valves on 2,000 oil rigs and still broken even.
And yes I know for a fact that the modeling for these risks to costs are available and would suggest that $500,000 to prevent catastrophic loss would have been a steal.

And the blame game really heats up between Halliburton, British Petroleum, and Transocean.
http://www.msnbc.msn.com/id/37079761/ns/us_news-gulf_oil_spill/