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Originally posted by SELAboy
It is a non-producing rig. About 28 gallons spilled (a little more than the gas tank of a large SUV). 2 missing. Several hospitalized. As of this time tomorrow, no one will remember this because it is a non-story to everyone but the families who may have lost their loved ones.
Originally posted by DerekJR321
And cue astronomical gas prices once again.
Do we ever get a break?
Originally posted by FlySolo
Just a day after oil giant B.P is found guilty of negligence and ordered to pay 4.5B, the largest fine in history, this happens.
Now call it what you will but sometimes I don't believe in coincidences. Let's just hope there isn't any oil spewing out like the last time and this is under control.
But the irony in this is just too bizarre to ignore.
news.nationalpost.com
(visit the link for the full news article)
Originally posted by SELAboy
It is a non-producing rig. About 28 gallons spilled (a little more than the gas tank of a large SUV). 2 missing. Several hospitalized. As of this time tomorrow, no one will remember this because it is a non-story to everyone but the families who may have lost their loved ones.
Of course it should be investigated. After BP, safety regs have to be enforced harshly. However, accidents happen all the time out there. Minor spills are normal.
Please don't use this relatively minor incident to go on some anti-oil rant. Our whole way of society is based on fossil fuels. Until the day that renewables become viable, this is simple reality. Drilling is absolutely necessary.
Originally posted by Sissel
Originally posted by SELAboy
It is a non-producing rig. About 28 gallons spilled (a little more than the gas tank of a large SUV). 2 missing. Several hospitalized. As of this time tomorrow, no one will remember this because it is a non-story to everyone but the families who may have lost their loved ones.
If you believe that, I have some nice swamp land in Louisiana for you with a sink hole included. Real cheap.
28 Gallons, really? Did they use measuring cups to get to that amount?
edit on 16-11-2012 by Sissel because: (no reason given)
Originally posted by SELAboy
reply to post by Blarneystoner
I'd be careful about using the EU (soon to be "the former EU") as a role model.
Originally posted by EvenParanoidsHaveEnemies
The early release of winter blend gasoline in CA that drives down gasoline costs accross the board happing just before the election - a full month earlier than is usual or is called for - probably doesn't seem odd to you either then.
There is currently almost no news of this explosion and fire in the main stream media.
The prices will just quietly go back up to pre election levels.
Originally posted by Xaphan
Originally posted by Ben81
i feel sorry for all the fish in the ocean
i will feel sorry about the water in my toilet (after doing a #2)
before i feel sorry for their PR team
LOL. This guy's posts always make me laugh.
Please, promise me you will never leave ATS.
Anyways. This does seem a little convenient, doesn't it? ONE day after they are slapped with a big fine, now this happens? Has anyone ever considered just outright banning BP from conducting their business in the USA? They've blown through all their chances by now, I'd say.
Originally posted by Sissel
Originally posted by SELAboy
It is a non-producing rig. About 28 gallons spilled (a little more than the gas tank of a large SUV). 2 missing. Several hospitalized. As of this time tomorrow, no one will remember this because it is a non-story to everyone but the families who may have lost their loved ones.
If you believe that, I have some nice swamp land in Louisiana for you with a sink hole included. Real cheap.
28 Gallons, really? Did they use measuring cups to get to that amount?
edit on 16-11-2012 by Sissel because: (no reason given)
Originally posted by boncho
reply to post by FlySolo
Here is another angle, since it hasn't been that long (relatively) since they lost Horizon:
Transocean maintains a $10 million-per-occurrence deductible on crew personal injury liability and a $5 million per-occurrence deductible on other third-party noncrew claims, according to the annual report.
“We also carry $950 million of third-party liability coverage exclusive of the personal injury liability deductibles, third-party property liability deductibles” and other retention amounts, the company said in the report. Transocean retains the risk for liability losses above $950 million.
Source
Given that BP ended up with billions in criminal fines, Horizon didn't work out very well for them. However, I find it odd that they could let something like this happen again.
I'm not implying or insinuating anything as of yet, but one might be making good use of one's time to investigate how insurance policies play out in the world of failed oil rigs.
There could be a number of ways to benefit certain groups or where certain people can walk out with big windfalls during an insurance settlement. Anytime a large sum of money changes hands really...
Whether it be public or private sector.
Businesses in the traditional sense make money by bringing product to market, not letting it sink to the bottom of the ocean...
Originally posted by SELAboy
It is a non-producing rig. About 28 gallons spilled (a little more than the gas tank of a large SUV). 2 missing. Several hospitalized. As of this time tomorrow, no one will remember this because it is a non-story to everyone but the families who may have lost their loved ones.
Of course it should be investigated. After BP, safety regs have to be enforced harshly. However, accidents happen all the time out there. Minor spills are normal.
Please don't use this relatively minor incident to go on some anti-oil rant. Our whole way of society is based on fossil fuels. Until the day that renewables become viable, this is simple reality. Drilling is absolutely necessary.
Sorry to inform you that oil doesnt sink in water, it floats....
Originally posted by ignorant_ape
reply to post by boncho
whoes PR team do you feel sorry for ?