Im a supporter of the oil industry as a whole. But in the real world I also know how failures happen. BP under the leadership of Tony Hayward caused a colossal disaster. He should have an 8 year sentence in federal prison.<quoted text>17Nov12.....
.....The 'Oil & Gas' business is the biggest and safest and high-salaried in the WholeWideWorld.
Nothing is FailSafe and sometimes schidt happens.
BP has been in existance for many, many years and BobLoblah has had the good fortune to work (on contract) for BP a few times around the world.
Yes, BP committed some errors in its operations in the Gulf of Mexico....and so has BroncoBama in its operations of protecting his citizens in Benghazi. BP has accepted full responsibility and is stepping forward to pay the price.
It should be noted that 'quite a few' local fisherman, especially shrimp fisherman, were compensated in 2010 and 2011 and 2012 without having to wait for this 'penalty sum' to come down. What they had to say includes wordings 'we made more each of these three years than we could have earned actually fishing and we didn't have to get up in the mornings to do so. It wouldn't be so bad if we had a blowOut every once in a while'.
These comments followed on the heels of Alaskan fisherman who garnished so much monies as a result of the Exxon Valdex's accident and spilling its cargo of crude. For years the local fishermen and their dogs were involved in cleaning up at top Dollars and today are retired millionaires. The area looks pretty clean toooooo.
Now, on the other hand, a few years later when there was 'another' supertanker that went aground off the coast of Scotland and spilled a 'Larger Cargo' than the Exxon Valdez, nobody heard much about it. Wanna know why, well it has to do with ALL the monies that environmentalists expect to make and pocket from the oil companies. In this case, NO oil company OWNED the cargo of oil. It was owned by speculators and these are money shifters who buy low and sell high (they even do it to their mothers). As such all the Greenpeacers and ILK had no time to expend to garnish no monies for their efforts. There was just nothing in it, even though there was MORE crude emptied into the seas than there was in Alaska.
Ps:....In addition, the Oil & Gas industry hires millions of people and is the sustanance of families around the WholeWideWorld.
BobLoblah knows. BobLoblah is von of dose toooooooo.
Forever and Ever
Over the years in the Petro-Chemical business I participated in thousands of accident investigations. I also had the dubious honor of working with engineers of all sorts of disciplines.
Some engineers are just down right brilliant. Others are smart asses that you cant tell them anything. And if you did what they tell you. You would get killed along with a lot of others. Well thats what happened to BP. Ignorant ass arrogant engineers calling the shots that lead to this conglomerate fiasco of clusterfu*ks.
The fines were too small and the criminal penalties should have gone all the way to the top. A lot of companies talk a good line on safety. But when it comes down to it, money and the love of money caused BP engineers to take shortcuts. You cant operate a deep water well thats 18,000 deep like you would one that 80 deep.
The cement slurry used to seal the well from hydrocarbons was weak and poorly designed.
Workers failed to spot problems in a pressure test.
"Critical components" of the blowout preventer weren't working.
Hydrocarbons passed undetected by the Transocean rig crew, through the blowout preventer and into the riser.
Immediate response was not fast or effective enough.
Three different methods for operating the blowout preventer in an emergency failed to seal the well.