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Reason for token cleanup effort by BP
Posted on 6/4/10 at 4:33 pm
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 on 6/4/10 at 4:44 pm to ThatsAllSheWrote
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.
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 on 6/4/10 at 4:46 pm to ThatsAllSheWrote
quote:What do you base that on?
If this thing runs unchecked into August or later I think BP will more than likely be forced into filing for bankruptcy
Posted on 6/7/10 at 5:10 pm to ThatsAllSheWrote
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.
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