BP: cleanup costs for oil spill will ...

BP: cleanup costs for oil spill will be 'severe'

There are 19 comments on the TwinCities.com story from Jun 4, 2010, titled BP: cleanup costs for oil spill will be 'severe'. In it, TwinCities.com reports that:

BP Chief Executive Tony Hayward sought Friday to reassure investors about the fallout of the oil spill, saying the company has "considerable firepower" to cope with costs he acknowledged will be "severe" and long-running. Hayward and other senior BP PLC executives struck a penitent note in their first comprehensive update to shareholders since the ...

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“I am always right.”

Since: Oct 09

Former MN Taxpayer

#1 Jun 4, 2010
The costs BP will cover could never be enough to repair the damage that they have done to our Mother, the Earth.

Criminal charges need to be filed. The US Government needs to nationalize this and all other Big Oil companies so that this type of incident will never happen again.
Sherlock

Farmington, MN

#2 Jun 4, 2010
No sh*t!
Indie

Minneapolis, MN

#3 Jun 4, 2010
IrishMN wrote:
The costs BP will cover could never be enough to repair the damage that they have done to our Mother, the Earth.
Criminal charges need to be filed. The US Government needs to nationalize this and all other Big Oil companies so that this type of incident will never happen again.
Right, because if the government controls it that will insure that there will never be another oil spill.

Since: Apr 08

Minneapolis

#4 Jun 4, 2010
What's it going to cost to buy 2000 miles of pristine shoreline for the people who own the besludged coastal properties? And where are they going to find that property to buy?*Replacement value* I wouldn't put up with living on a beach with this muck and tolerating "clean-up efforts" over the next ten+ years. BP is saying they will pay "all the costs" now, but just wait, the 'if we are forced to continue to pay, the company will not be able to stay solvent....' onced all the costs and liabilities start to add up, will be out in the next 18 months, guaranteed
Just sayin

Saint Paul, MN

#6 Jun 4, 2010
"Severe" is putting it mildly. How about "Catastrophic". Rest assured BP will do everything it can to weasle out of thoroughly cleaning up this mess and compensating people/businesses for their losses. This is what it comes to when we pursue a dead-end energy policy centered around oil. If after this disaster we still have bubble-headed morons chanting "drill baby drill", we're done as a nation. Sell off the assets and reorganize the USA as another country or corporation, whatever, our days as a nation are numbered.
Just sayin

Saint Paul, MN

#7 Jun 4, 2010
And furthermore, I have no interest in being part of a country and society hell-bent on self-destruction.
Tooner

Minneapolis, MN

#8 Jun 4, 2010
They need to stop using dispersants that have been banned in Britain for years! These don't evaporate the the oil and gas! They just help prevent it from clumping and thus makes the mess wider! Wakeup people and smell the oil!
Aaron

Mokena, IL

#9 Jun 4, 2010
IrishMN wrote:
The costs BP will cover could never be enough to repair the damage that they have done to our Mother, the Earth.
Criminal charges need to be filed. The US Government needs to nationalize this and all other Big Oil companies so that this type of incident will never happen again.
Did the earth help you with your homework as a kid?
El Rushbo Fan

Rochester, MN

#10 Jun 4, 2010
10K-Lakes wrote:
What's it going to cost to buy 2000 miles of pristine shoreline for the people who own the besludged coastal properties? And where are they going to find that property to buy?*Replacement value* I wouldn't put up with living on a beach with this muck and tolerating "clean-up efforts" over the next ten+ years. BP is saying they will pay "all the costs" now, but just wait, the 'if we are forced to continue to pay, the company will not be able to stay solvent....' onced all the costs and liabilities start to add up, will be out in the next 18 months, guaranteed
As far as I'm concerned, BP shouldn't have to pay a dime. Look at all the gas store clerks who depend on that company for jobs! Why unnecessarily burden a company that is such a big part of the U.S. economy? Besides, oil is as natural as water, and mother nature, as always, will heal itself. No reason for BP, or any human being, to step in at all. Those who say we HAVE to clean up the oil spill are just trying to control our lives so THEY can have more power. Listen to Rush, he'll straighten ya'll out.
Owl Gore

Monroe, LA

#11 Jun 4, 2010
Environmentalists Also To Blame For Exxon Valdez And Gulf Spills

http://www.investors.com/NewsAndAnalysis/Arti...
Environmentalism did not cause the Deepwater Horizon oil disaster, but it did help make it possible, just as 1989's Exxon Valdez disaster, which the Gulf Oil spill has now eclipsed, was also ironically made possible by a desire to protect the environment.
The original plan when oil was discovered at Prudhoe Bay on Alaska's North Slope was to build a pipeline directly to the northern border of the 48 contiguous states. Groups like the Sierra Club waged a major battle against both the Prudhoe Bay development and the pipeline.
They lost on the drilling but won a small victory in forcing the pipeline to not traverse the continent via a safer land route but to dead end at the port of Valdez, Alaska. The rest, as they say, is history.
Had the oil companies gotten their way, there would have been no tanker to be run aground by its captain on March 24, 1989, causing 10.8 million gallons of crude oil to be dumped into Alaskan waters.
El Rushbo Fan

Marshall, MN

#12 Jun 4, 2010
I was going to say you're an idiot, but I'm sure others have already expressed this sentiment. It doesn't matter what Mother Earth does, BP is guilty of negligence! Can you get that through your head? No, of course not. Just keep making idiotic comments. You'll get the attention you crave so badly.
NOT El Rushbo Fan

Marshall, MN

#13 Jun 4, 2010
Same comment as above. Just wanted it to be clear I was calling him/her an idiot.
Coincidence

South Saint Paul, MN

#14 Jun 4, 2010
Wow! What a coincidence. The damage to the environment was severe too!
Just sayin

Saint Paul, MN

#15 Jun 4, 2010
El Rushbo Fan wrote:
<quoted text>As far as I'm concerned, BP shouldn't have to pay a dime. Look at all the gas store clerks who depend on that company for jobs! Why unnecessarily burden a company that is such a big part of the U.S. economy? Besides, oil is as natural as water, and mother nature, as always, will heal itself. No reason for BP, or any human being, to step in at all. Those who say we HAVE to clean up the oil spill are just trying to control our lives so THEY can have more power. Listen to Rush, he'll straighten ya'll out.
I seriously hope you're being sarcastic. If not, God help you.
BP gas

Elk River, MN

#16 Jun 5, 2010
We should all be purchasing our gas at BP stations to help fund the cleanup. I see liberals being interviewed on tv saying that they aren't going to buy BP gas anymore. Hello! If they ever bought gas in their life, they are partly responsible for the spill. The reason why BP is drilling is because there is a demand for the product. Even though this oil spill is a bad thing, I still think we need to drill for more to create jobs and to get us off foreign oil. This moratorium on oil drilling will just lead to fewer jobs for americans. Great job Obama.
El Rushbo Fan

Rochester, MN

#17 Jun 5, 2010
Just sayin wrote:
<quoted text>
I seriously hope you're being sarcastic. If not, God help you.
Yes I'm being sarcastic. And, actually I'm signing off as El Rushbo Fan. It is truly disheartening when I come up with the most insane comments, the most outrageous caricatures of the typical Limbaugh listener, and then have more people in this forum agree with me than acknowledge the foolishness of what I'm writing. If you listen to Rush, and hear him say something the least bit suspect, look up the facts. The man lies constantly. How can anyone listen to him when he obviously treats his audience with so much contempt and disrespect that he would lie to them on a daily basis? See ya, dittoheads, I'm outta here.
Max

Eau Claire, WI

#18 Jun 5, 2010
IrishMN wrote:
The US Government needs to nationalize this and all other Big Oil companies so that this type of incident will never happen again.
Good Idea... Hugo!!
Tooner

Minneapolis, MN

#19 Jun 5, 2010
Greed!
BHOs leak

Minneapolis, MN

#20 Jun 5, 2010
All we heard when the Exxon Valdeze leaked off Alaska's coast is how difficult it would be to clean up the oil from the rocky shoreline.

Now all we hear is how difficult it will be to clean up the oil from the sandy shoreline.

There is clearly a bunch of misinformation being spread just like the oil.

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