BP Raising $50 Billion to Pay for Oil...

BP Raising $50 Billion to Pay for Oil Spill

There are 4 comments on the www.thestreet.com story from Jun 21, 2010, titled BP Raising $50 Billion to Pay for Oil Spill. In it, www.thestreet.com reports that:

BP is planning to raise $50 billion to cover its unquantifiable liabilities in the Gulf of Mexico oil spill, according to a reports...

Join the discussion below, or Read more at www.thestreet.com.

Lance Winslow

Lake Hughes, CA

#1 Jun 21, 2010
Good start.
Don Joe

Saint Paul, MN

#2 Jun 21, 2010
This should not be tax free money. They need to pay taxes on it. Oh, darn I am forgetting they are too big to pay taxes anyway.
Jim Shorts

Richmond, VA

#3 Jun 21, 2010
I wonder if 1 million of that will be from Obama returning his donations that he took from BP.

Since: Apr 07

Fort Campbell, TN

#4 Jun 21, 2010
They are going to need a lot more than that.

A Deadly Bubble?

This thing has every intention of lasting years if not centuries. There is a very good possibility that if or when this thing blows it will wipe the entire state of Florida completely off of the map as a gigantic tsunami could very well be created from such a deep sea bubble bursting.

It is said to be 15 to 20 miles across and has risen some 4 miles off of the sea floor since the spill first started. That sounds like several cubic tons of pressure building up down there. If this is from one well just imaging what will happen once the second and third wells are drilled.

TOXIC ALERT BP Death Clouds Have Come Onshore Benzene 3400ppb Hyrdrogen Sulfide 1200ppb

If or when this thing blows it could very well kill millions of people all along the Gulf Coast.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

BP Prudhoe Bay Royalty Trust Discussions

Title Updated Last By Comments
News BP ruled 'grossly negligent' in Gulf oil spill (Sep '14) Sep '14 Tuco Blondie 4
News Halliburton Admits Skipping Key Cement Test (Oct '10) Aug '14 swedenforever 15
News BP Covered Up Blow-out Prior to Deepwater Hori... (Apr '12) Mar '14 swedenforever 18
News Indian official: Diplomat's arrest in NYC barbaric (Dec '13) Dec '13 Jeff Brightone 1
News Suspect arraigned in motorcycle-SUV brawl in NYC (Oct '13) Nov '13 Daequan McRapeo 24
News Urban revitalization as a process: part 1, H St... (Nov '13) Nov '13 nova 1
News DealBook: Breuer Reflects on Prosecutions That ... (Mar '13) Mar '13 Nancy 1
More from around the web