The REAL REASON Behind the BP Oil Spill in the Gulf of Mexico, page 1

this is bad i personally didn't expect bp to go this low but then again big boy dick cheny is involved

FYI:

Here is an explanation of the Acoustic valve he is referencing.

online.wsj.com...

Originally posted by madmax8
this is bad i personally didn't expect bp to go this low but then again big boy dick cheny is involved

YouTube Link

LOL Visit my Halliburton Thread for Halliburton Goodness...

A wonderful message from the CEO of Halliburton David Lesar. F U SLIMEBALL



[edit on 11-5-2010 by BeastMaster2012]

reply to post by madmax8

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I suppose if BP has to pay for 100% of all damages related to this spill then there is no problem with current government regulations. In the future they'll put in the acoustic switch that costs $500,000 but saves $5 billion+ in clean-up costs.

[edit on 11-5-2010 by truthquest]

reply to post by truthquest

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BP is only responsible for up to 70 million in clean up.
We will pay for it.
www.cnsnews.com...



[edit on 12-5-2010 by xizd1]

reply to post by madmax8

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What is very interesting is after the Valdez in Alaska lost its load Federal Government required that Oil Companies pay a tax of 8 cents a barrel into a cleanup fund for any future accidents. I heard there was in excess of $1 billion dollars in this fund. What I just found out is when this law was created the oil companies managed to agree to the 8 cents a barrel but were able to get protection from additional liabilities (such as law suites) not to exceed $75 million. So in the end all BP is going to be out $75 million and all the fishermen, beaches, hotels, private citizens, and businesses that are destroyed because of this nightmare will be left with nothing. If you will review the interviews with the head of BP he said they were prepared to spend up to $75 million to clean up and take care of this disaster. Well, thanks once again to the paid off politicians in Washington that is all BP has to do. The tax payer is screwed over again.

I sure we well be told how terrible we are for owning cars and burning oil and this is our fault and poor little BP is struggling over this terrible incident. These guys kill me. And the news and politicians just keep on telling lies.

Can I have some 10w-40 with my shrimp cocktail? Deep fried shrimp in BP Oil. So sad it hurts.

reply to post by rgzing

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UPDATE:

U.S. Senator Robert Menendez (D-NJ) along with Senators Frank Lautenberg (D-NJ) and Bill Nelson (D-FL) introduced legislation yesterday to raise the ceiling on oil company liability for spill damages from $75 million to $10 billion. Making the bill retroactive could prove difficult. Given our continued dependence on fossil fuels, even $10 billion is unlikely to prevent us from falling into greater disasters.

In the Exxon Valdez incident, Exxon was sued for 10 billion dollars. A full twenty years later, in 2008, when Exxon turned history making profits, the supreme court lowered their liability to just 500 million. A number of victims of the spill were already dead by then.

You can go to Prince William Sound right now and dig 8 inches in the dirt and you find black crude. theageofconsent.blogspot.com...

reply to post by madmax8

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Well gotta admit it's from a "credible" news sorce, The obama New Network. So, I didn't notice where Mr. Cheney personally ordered BP not to install a acoustic valve? Must've missed that. And last I knew Mr.Cheney severed all ties with Halliburton when he became VP.
Doesn't anybody find it more then a little interesting that after obama say's he's for drill that now suddenly poof we have an oil rig catch fire followed by major oil spill and now he wants a freeze on drilling. And yet China and Russia are still drilling away in the gulf. Now has anybody checked to see if both or either have this Acoustic Valves on their rigs? Bet they don't.

[edit on 12-5-2010 by Chance321]

reply to post by Spiro

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Can you elaborate? What led you to believe the two are at war with each other? And how would BP tie into it all?

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