Cost-cutting blamed for BP oil leaks
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#1 May 17, 2007
Oil executives are only concerned with profits. Period. They just want to make the quarter's numbers look good.
Will the executives loose anything for their actions? Not likely. Even if they are replaced the severance package will reward them for their errors.
“Joey Chestnut is my hero”
Since: Feb 07
#2 May 17, 2007
Cost cutting for an industry taking in more money than any other world wide industry??? So, let me get this right... BP cut costs for higher profits. This caused a bad leak, losing who knows how much petro. So, since that caused an even bigger shortage, prices go up, and BP makes more money! OK. Boy, am I in the wrong business.
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