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Started By
Message
Who owns the oil once its reclaimed from the Gulf??
Posted on 5/7/10 at 2:43 pm
Posted on 5/7/10 at 2:43 pm
can private companies reclaim the oil and keep it under salvage laws or something similar?
5
Posted on 5/7/10 at 3:04 pm to FriscoKid
I do
Posted on 5/7/10 at 3:08 pm to EmperorGout
I would think BP would appreciate someone taking it off their hands.
Posted on 5/7/10 at 3:09 pm to Oyster
I am Emperor of the Gulf of Mexico + Argentina
Posted on 5/7/10 at 3:28 pm to EmperorGout
The oil floating is worthless basically, but that oil coming up from that pump they are puting in place could be salvagable POSSIBLY.
Lots of factors incvolved, but any oil is considered owned by BP.
Lots of factors incvolved, but any oil is considered owned by BP.
Posted on 5/7/10 at 4:13 pm to the LSUSaint
BP owns the lease and they are paying for the captured oil that may come up the "box" so they will own it.
Posted on 5/7/10 at 4:15 pm to FriscoKid
Whoever wants to pay to have it refined.
Posted on 5/7/10 at 4:19 pm to FriscoKid
Better question is, who's keeping track how much oil has come? Someone is gonna have to pay the oil royalties, right?
Posted on 5/7/10 at 5:30 pm to CootKilla
BP owns the oil coming out. It is a loss to them as it spills. That is their oil and they are losing money every time a barrel is lost.
Bout $80 per barrell so do the mathand it HURTS along iwth the cash being lost in the cleanupa nd everything else.
Bout $80 per barrell so do the mathand it HURTS along iwth the cash being lost in the cleanupa nd everything else.
Posted on 5/7/10 at 6:03 pm to FriscoKid
I call dibbs!!!
Posted on 5/7/10 at 11:13 pm to the LSUSaint
quote:
The oil floating is worthless basically,
It can still be used(Refined).
Posted on 5/7/10 at 11:15 pm to LSURussian
I went out in my boat and skimmed off a couple of barrels FWIW. Can I just drive to the Valero refinery in Norco and sell it?
Posted on 5/7/10 at 11:17 pm to Cosmo
quote:
I went out in my boat and skimmed off a couple of barrels FWIW. Can I just drive to the Valero refinery in Norco and sell it?
Sure, decant it first....they don't pay for BS&W...
Posted on 5/8/10 at 4:01 am to FriscoKid
talked to a BP person today during training.
The oil if salvageable will be sent to facilities that make asphalt
The oil if salvageable will be sent to facilities that make asphalt
Posted on 5/8/10 at 4:12 am to Mudminnow
quote:
Bout $80 per barrell so do the math and it HURTS
BP won't even flinch from this incident
Posted on 5/8/10 at 6:59 am to Mudminnow
quote:
oil if salvageable will be sent to facilities that make asphalt
In a bbl of oil (42 gals.), almost 20 gals is made into mogas. Even in the production of Asphalt, some lighter and heavier ends are taken to make mogas.
Posted on 5/8/10 at 7:25 am to LSUDad
Dad's dropping knowledge. I wanna be like you when I grow up!
Posted on 5/8/10 at 7:50 am to BROffshoreTigerFan
quote:
I wanna be like you when I grow up!
I'll never grow up.......
quote:
Dad's dropping knowledge.
I'm a great BS'er.....
Posted on 5/8/10 at 8:07 am to LSUDad
quote:
I'm a great BS'er.....
I've seen your posts on this board. None of that is BS. You posting on the OT, that's a different story.
Posted on 5/8/10 at 8:10 am to BROffshoreTigerFan
quote:
You posting on the OT, that's a different story.
Busted........
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