Guard watches coast for oil slick's first wave

I agree with your comments to me. I feel though, that making US pay for something we didn't bring on ourselves is wrong. BP should pay for this in full, all of the cleanup costs, and the aftermath. And if it kills them as a company, then so be it.

The American people have suffered from this enough. We shouldnt have to pay 1 cent for something they did.

Let's say I agreed with your statements - I don't but I will set that aside for this discussion. The US government declares BP has full fiscal responsibility for cleanup and aftermath costs. BP agrees, and further agrees that the US citizens should not pay for it. They set aside xxx billion dollars, out of their profits. Now they continue selling oil, and processing it. How do you figure out that they didn't pass the costs down the line through normal operating costs?

Another beauty of capitalism, the costs always get passed down to the consumer.

Exactly right.

:doh:
IG report: Meth, porn use by drilling agency staff (http://hosted.ap.org/dynamic/stories/U/US_GULF_OIL_SPILL_WASHINGTON?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2010-05-25-11-49-44)

It just looks like they won't have this thing plugged anytime soon - or at least soon enough. The damage one to the sea life along the floor of the Gulf is unimaginable at this point.

latest word from the BP twitter is that they have delayed "Top Kill" again indefinatley , and their hope now is that the relief wells fix the problem. They said there is too much reasonable doubt, and that a failed attempt could make the spill worse.

20,000 barrells a day are pumping out and a failed attempt could make it 100,000 gallons or more per day.

The relief wells wont be finished for 2 to 3 months....yay for BP

When it's all said and done, this incident should be the text book example of the do's and don'ts for drilling in the future.

doing the math here, in 60 days, when the relief wells are finished, and assuming they work,(Dont assume anything with Bastard Petroleum) We are looking at about 5 to 6 million barrels of oil spilled in the gulf, which is about 24 times the amount of the exxon valdez, which was previously the worst oil disaster in World History

When it's all said and done, this incident should be the text book example of the do's and don'ts for drilling in the future.

Just like the bubonic plague was a lesson on higene for the future. We can't afford these types of mistakes. Busineses pride themselves on risk management. That goes out the window when people know that the American tax payer got everybody's back.

doing the math here, in 60 days, when the relief wells are finished, and assuming they work,(Dont assume anything with Bastard Petroleum) We are looking at about 5 to 6 million barrels of oil spilled in the gulf, which is about 24 times the amount of the exxon valdez, which was previously the worst oil disaster in World History

Your math may be a bit off, this is what I read this morning:

The oil spill in the Gulf of Mexico has dumped over 6 million gallons of oil into the ocean, according to the New York Daily News, (http://www.nydailynews.com/news/national/2010/05/25/2010-05-25_white_house_bp_gulf_coast_oil_slick_is_worst_sp ill_in_us_history.html)but scientists believe that the actual number could be more than twice that, according to the Associated Press. (http://www.google.com/hostednews/ukpress/article/ALeqM5h9YdcHPTGPhEf9_2GmoRtfQO-rWw)

The Exxon Valdez spill in 1989, dumped 11 million gallons into the ocean. The difference, proximity. The Deepwater Horizon spill is only 50 miles off of the coast of Louisiana.

White House Says The Gulf Oil Spill Is Worst In US History – IndyPosted (http://indyposted.com/24074/worst-oil-spill-in-us-history/)