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Message
BP says it will pay for Gulf spill's cleanup
Posted on 5/3/10 at 12:25 pm
Posted on 5/3/10 at 12:25 pm
Officially.
"A fact sheet on the company website says BP takes responsibility for the response to the spill after the offshore drilling rig explosion and will pay compensation for "legitimate and objectively verifiable" claims for property damage, personal injury and commercial losses. President Barack Obama and several attorneys general have asked the company to explain what that means.
We are responsible, not for the accident, but we are responsible for the oil and for dealing with it and cleaning the situation up," chief executive Tony Hayward said Monday on ABC's "Good Morning America." He said the equipment that failed and led to the spill belonged to owner Transocean Ltd., not BP, which operated the rig, the Deepwater Horizon."
No fricking shite You're Gonna Pay for It.
"A fact sheet on the company website says BP takes responsibility for the response to the spill after the offshore drilling rig explosion and will pay compensation for "legitimate and objectively verifiable" claims for property damage, personal injury and commercial losses. President Barack Obama and several attorneys general have asked the company to explain what that means.
We are responsible, not for the accident, but we are responsible for the oil and for dealing with it and cleaning the situation up," chief executive Tony Hayward said Monday on ABC's "Good Morning America." He said the equipment that failed and led to the spill belonged to owner Transocean Ltd., not BP, which operated the rig, the Deepwater Horizon."
No fricking shite You're Gonna Pay for It.
This post was edited on 5/3/10 at 12:50 pm
3
Posted on 5/3/10 at 12:28 pm to LSU Fan 90812
so it sounds as if transocean is the major frick up here
Posted on 5/3/10 at 12:28 pm to LSU Fan 90812
quote:
BP to Pay.
I'm curious why this is such big news. Who else would pay? Of course the oil company responsible will pay for clean up and damages. I just wonder why this is being reported so forcefully.
Posted on 5/3/10 at 12:29 pm to LSUzealot
just wait until they have to start dealing with a bunch of st bernard and plaquemines parish oystermen.... 
Posted on 5/3/10 at 12:31 pm to ScoopAndScore
quote:Transocean, obviously
Who else would pay?
BP is getting shafted here
Posted on 5/3/10 at 12:35 pm to ScoopAndScore
quote:
I'm curious why this is such big news. Who else would pay? Of course the oil company responsible will pay for clean up and damages. I just wonder why this is being reported so forcefully.
it's kind of like if your car had a malfunction and caused damage, the car maker would pay not the operator(like toyota). BP didn't manufacture the pieces that fricked up, but they are getting the blame for it.
I think Cameron might have been the company that made the stuff that failed
This post was edited on 5/3/10 at 12:37 pm
Posted on 5/3/10 at 12:39 pm to manwich
quote:
Transocean, obviously
BP is getting shafted here
I have a feeling Transocean and BP will both being paying. But as I understand it, BP is the owner and they contracted Transocean to do the work. Therefore, BP is ultimately responsible. But who cares if it's BP or Transocean....the company or companies involved in creating this disaster will have to pay for the damages. I would think everyone would know this. Not sure why it has to be such a prominent news story.
I get a sense the media and the President's Administration are trying to demonize the oil companies and make a point to call them out as the enemy. I'd much rather see our gov't say that they are working hand in hand with BP to help resolve this potential crisis. But instead it's like they're enjoying calling out BP and painting them as an enemy. Strange really.
Posted on 5/3/10 at 12:41 pm to Hermit Crab
quote:
it's kind of like if your car had a malfunction and caused damage, the car maker would pay not the operator(like toyota). BP didn't manufacture the pieces that fricked up, but they are getting the blame for it.
I think Cameron might have been the company that made the stuff that failed
Actually it's nothing like that at all.
BP is liable because it is the owner of the well. All involved are going to share responsibility in this including BP, TransAtlantic, their insurance companies, potentially even the US Govt if deemed that they could've taken action more swiftly to prevent the damage.
BP has the deepest pockets. They've made BILLIONS of dollars on wells like these. By all means, they are not getting screwed for having to pay for all the damage their property has incurred.
Posted on 5/3/10 at 12:42 pm to ScoopAndScore
quote:
I get a sense the media and the President's Administration are trying to demonize the oil companies and make a point to call them out as the enemy. I'd much rather see our gov't say that they are working hand in hand with BP to help resolve this potential crisis. But instead it's like they're enjoying calling out BP and painting them as an enemy. Strange really.
It's a necessary evil to portray this as such. This private company SHOULD foot the bill. The country is already cash strapped.
Posted on 5/3/10 at 12:46 pm to LSU Fan 90812
quote:
It's a necessary evil to portray this as such.
I completely disagree it's necessary to paint a private company that employs millions and helps to meet the energy demands of the world as the enemy. Instead, the US gov't should acknowledge the disaster as a terrible accident (with investigations to come) and agree to assist BP in whatever means possible to contain the spill.
quote:
This private company SHOULD foot the bill. The country is already cash strapped.
Completely agree with this, as I think everyone would. This is why I don't get the President and media making such a big deal about BP paying. They know they have to pay as we all should know they have to pay.
Posted on 5/3/10 at 12:48 pm to LSU Fan 90812
quote:
Transocean, obviously
BP is getting shafted here
So if you get hurt on the job then you should have to pay for medical expenses and not the company who hired you and put you in a situation where you got injured?
Posted on 5/3/10 at 12:48 pm to manwich
quote:
Transocean, obviously
BP is getting shafted here
BP will likely sue Transocean
Posted on 5/3/10 at 12:49 pm to LSU Fan 90812
quote:
But instead it's like they're enjoying calling out BP and painting them as an enemy. Strange really.
quote:
This private company SHOULD foot the bill.
It strikes you as strange that the administration is trying to paint an oil company as the enemy?? Really?? When I heard about the oil leak, the first thing that I thought was "well the "O" Administration is going to knock this one out of the park." Yes, the private company should foot the bill it was their mistakes and the mistakes of their contractors who caused this. The only problem is this administration will take this and turn it into what their agenda needs, instead of trying to help contain the situation.
Posted on 5/3/10 at 12:49 pm to ScoopAndScore
quote:
I completely disagree it's necessary to paint a private company that employs millions and helps to meet the energy demands of the world as the enemy. Instead, the US gov't should acknowledge the disaster as a terrible accident (with investigations to come) and agree to assist BP in whatever means possible to contain the spill.
agree to disagree, but i see your point.
Posted on 5/3/10 at 12:52 pm to LSU Fan 90812
quote:
agree to disagree, but i see your point.
so are you saying you agree with the politics being played when a potential disaster is threatening Americans?
Posted on 5/3/10 at 12:52 pm to SlowFlowPro
I just saw on CNN that BP is legally on responsible to fisherman and such for claims up to 75 million total. This isnt looking good for many fisherman. My fiance is an attorney and is submitting a lawsuit on behalf of some fisherman. Not sure how accurate that 75 million is but if it turns out to be true it will be a sad situation for the fisherman.
Posted on 5/3/10 at 12:54 pm to lsuhunt555
quote:
The only problem is this administration will take this and turn it into what their agenda needs, instead of trying to help contain the situation.
Exactly my point.
quote:
It strikes you as strange that the administration is trying to paint an oil company as the enemy?? Really??
No, not at all. I was being a bit facetious (sp?).
Posted on 5/3/10 at 12:54 pm to LEASTBAY
how many fisherman do you think are affected?
$75M is a lot bigger number than you'd think
also a lot of these fisherman will make more money doing cleanup than they did fishing
$75M is a lot bigger number than you'd think
also a lot of these fisherman will make more money doing cleanup than they did fishing
Posted on 5/3/10 at 12:56 pm to LSU Fan 90812
I wonder how liable the other working interest partners are in the cleanup? I would hat to get an AFE for my share of a $3,000,000,000 project 
quote:
BP serves as the operator, holding a 65% interest in the prospect; Anadarko holds 25%; and MOEX 2007 holds the remaining 10%.
Posted on 5/3/10 at 12:58 pm to SlowFlowPro
quote:
$75M is a lot bigger number than you'd think
Not sure how many are affected, the lawsuit my fiance is filing has 2 fisherman asking for 1.5million. Here is a story about it. Guess they will rush to try to change the law.
LINK
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