Question by : How long will it take BP to recover from paying for the oil spill?
BP has been said to be responsable for paying for the cleanup of the oil spill off the coast of louisiana. How long will it take them to recover, if ever?
Best answer:
Answer by Jacob’s Mommy
I’m thinking that they might turn to insurance to help with the cost of the cleanup.
What do you think? Answer below!
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17 Comments
Invoke temporary dictator powers.
Let BP fix the leak, but unleash every single available resource of our government and working with other oil companies to help in the clean up effort. don’t give me this crap about cons stopping him, this is all the posers responsibility and as usual he has failed.
First they say he is being too hard on BP, now they want him to be tougher. Make up your minds already.
put on his cape and fly down there, and fly around the gulf, pulling up all the oil from the water with the super gravity vacuum he creates from that, and then taking the big oil blob, flying it over to the mountains of Pakistan, and dropping it on Osama bin Laden, causing him to suffocate in oil
0bama’s NON action for over a month, and BUSH waiting until contacted by the Gov. of the States which is Constitutional and the libbies are making excuses for the Slacker in Chief.
Admit gross incompetence and RESIGN IMMEDIATELY !!
He should ignore it and go golfing..
Er wait, that’s what Barry already is doing.
The moron shows more interest in getting Lebron James to sign with his favorite NBA team than he does in dealing with major issues. It’s disgusting.
Law prevents O from intervening, but doesn’t prevent him from stopping future off shore drilling.
I was hoping he would team up with bush put on a scuba suit and fix that oil crisis last week.
Resign?? Ahhh….just wishful thinking.
Anyone that uses gasoline has blood on their hands….
He should have done everything possible to contain it 35 days ago to minimize the damage while BP focused on plugging the well.
Instead he went on yet another vacation and played golf
Bobby Jindal has came up with some good ideas, Barriers and other things if implemented would certainly help the situation, but the feds are still waffling on if they want to permit it. So your freaking super prez needs to take the bull by the horns and make some decisions asap. also your argument would fit nicely for bush and katrina also…….just saying
Its becoming obvious that on shore drilling may not be as bad after all, don’t believe any garbage they say like, we don’t have those kinds of volumes of oil on land, or we’ll endanger a spotted owl, that’s B.S.
Just read Lindsey Williams book, The Non-Oil Crisis, and you will see why our government is to blame, Williams worked for a major oil company and the only reason this guy is speaking up is, he is a minister as well, and he knows the truth of the Business, the production of oil greatly influences the value of the dollar, nixon removed the gold standard and replaced it with an oil standard (Political agenda) now the IMF is pulling the strings on everthing worldwide.
I think he should go to the site and try to swim for land from there
Obama is not to blame. Big money is. It is unsafe to handle an oil spill, and thus very expensive. Oil companies have gotten procedures legally approved that though it is still very expensive, it is still the quickest way to hide an oil spill. As far As I’ve heard, they used a chemical dispersant to break up the oil so that it can sink to the bottom of the ocean. Jacque Cousteau’s grandson filmed it with a news crew, and for a while the footage was posted on the internet, but BP pulled it because of the on going law suits. Oil floats, It seems to me that corralling it and sucking it off the top would be the most effective way of separating it from the ocean, but I‘m no expert. Adding the chemical dispersant made the oil unusable. Sucking it off the top now would mean they have to find a place to dump millions of gallons of useless hazardous waste that will never break down (which they would prefer that to be the cheapest and most permanent method, the bottom of the ocean). The dispersant made virtually every other method of cleanup far more toxically complicated, and the oil unusable. Last I heard oil was selling for $ 50 a barrel, basically a dollar a gallon for crude oil. Get 20 barrels and a pump on a decent size boat, and someone could make $ 1000 a trip collecting and selling what they spent millions bringing up and cant collect fast enough with a tanker, because the oil is too spread out. Some will tell you the salt water makes the oil unusable, but they use salt water called brine in strategic petroleum reserves to push the oil out of the dry oil wells they now use for oil storage. The water is then too polluted to return to the ocean without treatment, but this water is already in the ocean. It is the chemical dispersant they are depending on (approved by the Govt, though they politely asked BP to use less than they are currently dumping in the ocean) to clean it up, (hide it away). The news crew that sent divers in special diving suits, said that the chemical will burn your skin, imagine what it will do to sea life. The Exxon Valdes did the same thing, 6 inches of sediment still cover a disaster from 10 years ago, a thick layer of hazardous waste at the bottom of the ocean. There is a boat, paid for and built by the government, specially for hazardous chemical spills being used in the gulf right now (one, very expensive, very ineffective, state of the art, floating laboratory) , due to the on going litigation they are sequestered from the media. My guess is that the boat was built to collect hazardous waste, but finding a place to put millions of gallons of hazardous waste is harder than they thought. If you were the owner of an oil tanker, would you let them load your boat with something no one would let you unload anywhere? Ocean tankers get paid to haul stuff from point A to point B. No one is going to pay them to sit somewhere and be a storage unit till the boat rots and causes another spill. Civilians are not allowed in the area due to it’s toxic nature, and it is far too dangerous to let just anyone go in there. But with minimal training, and coast guard supervision to make sure everyone is observing safety precautions, fishing fleets, and tug boat crews with barges could get paid extremely well for far less than they are spending now and be far more effective at cleaning it up. But that is a moot point now. The dispersant is there, the oil is now a permanently useless hazardous material destined to line the bottom of the ocean which is at present the size of a small country, but will no doubt be far larger before it is done. No one wants to clean it up, and the few people that are trying, are about as effective as trying to empty the ocean with a tea spoon.
The president took delayed actions and allowed million gallon of water to escape into the sea. The oil could have prevented if immediate actions would have been taken.
http://theartofstart.blogspot.com/2010/05/bp-oil-spill-those-who-suffered-painful.html