Started By
Message
locked post

Reason for token cleanup effort by BP

Posted on 6/4/10 at 4:33 pm
Posted by ThatsAllSheWrote
Member since Aug 2005
1245 posts
Posted on 6/4/10 at 4:33 pm
If this thing runs unchecked into August or later I think BP will more than likely be forced into filing for bankruptcy I believe the reason we're not seeing any significant outlay for cleanup efforts is because they are waiting to until they can get accurate loss estimates. We all know that'll happen if and when the well gets capped. From BP's perspective, why start writing checks now if chapter 11 is inevitible? I wouldn't be a bit suprised if the government is supporting this approach. They don't want all of BP's assets going to one state now when it's possible the claims will be just as large from several other states.
Posted by Mudminnow
Houston, TX
Member since Aug 2004
34150 posts
Posted on 6/4/10 at 4:44 pm to
There are cleanup crews out there and lodging is scarce from Leeville, Port Fourchon, and Galliano and LaRose. BP has some of the places booked but Oil Mop and various other companies including Texas WorkForce and Texas Commission.

BP has refused to open up the various management area camps around the state that have been closed because of budget cuts and various university marine labs that were closed because of budget cuts.

Texas Commission was in Port Fourchon and met with BP about the various boats they have and the accomodations but BP refused. Some boats sleep 200-500 people and smaller ones that sleep 60.
This post was edited on 6/4/10 at 4:49 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57412 posts
Posted on 6/4/10 at 4:46 pm to
quote:

If this thing runs unchecked into August or later I think BP will more than likely be forced into filing for bankruptcy
What do you base that on?
Posted by Ray Ray Rodman
Florida
Member since Mar 2005
17654 posts
Posted on 6/7/10 at 5:10 pm to
My brother is in Venice and he said its a whole lot of nothing going on, regarding the clean up crews. Said they are hiring anyone that walks thru the door and it shows. Very little real effort in cleaning oil up from workers there.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram