If you recall, the whole "financial crisis" was a crisis because banks were in danger of folding. BP can take the hit; the banks couldn't.
That's a really bad analogy you've made...
That's a really bad analogy you've made...
Their stock is down 50% already and continues to fall. Even worse for Transocean and Anadarko, which are much smaller than BP but still big players in the oil industry. Transocean is the world's largest offshore rig operator and Anadarko is also one of the largest oil producers in the world.
Just today an industry analyst said BP might seek bankruptcy protection within a month. At the rate expenses are piling up for BP, I can see where he's coming from.
A friend on FB asked why there were no "Save the Gulf" concerts
- 09/06/2010 03:13:52 AM
1081 Views
Her complaint is legitimate. Why should the US government help Haitians more than US citizens?
- 09/06/2010 04:25:09 AM
693 Views
Re: Her complaint is legitimate. Why should the US government help Haitians more than US citizens?
- 09/06/2010 04:31:44 AM
688 Views
There are a lot people struggling right now who really can't afford to wait
- 09/06/2010 04:47:26 AM
739 Views
I agree with you. That was what I was thinking. But you said it better. *NM*
- 09/06/2010 05:07:44 AM
330 Views
Re: There are a lot people struggling right now who really can't afford to wait
- 09/06/2010 05:15:33 AM
817 Views
That wins the award for stupid post of the month. Possibly the year.
- 09/06/2010 08:31:18 AM
756 Views
They put you in charge of that award? is it like Miss USA where you pass on the title you hold?
- 09/06/2010 08:47:57 AM
758 Views
I sometimes wonder where you lived in Houston.
- 09/06/2010 04:24:42 PM
868 Views
Re: I sometimes wonder where you lived in Houston.
- 09/06/2010 05:50:53 PM
814 Views
This isn't Karachi.
- 10/06/2010 02:04:02 PM
864 Views
how upset Ghavrel is getting should tell you something about what is going on down there
- 09/06/2010 04:34:10 PM
645 Views
My thoughts exactly. Thanks for posting this.
- 09/06/2010 09:13:51 PM
727 Views
President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico
- 09/06/2010 09:46:24 PM
820 Views
Re: President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico
- 09/06/2010 10:03:52 PM
604 Views
well he does have a phone he could have used to call up the BO CEO and chat with him
- 09/06/2010 10:42:07 PM
693 Views
You really don't have any credibilty left on this issue.
- 10/06/2010 01:56:06 AM
714 Views
you really are a loon
- 10/06/2010 05:19:56 AM
852 Views
What's funny is that companies like Haliburton are going to make bank off this disaster
- 10/06/2010 06:14:07 AM
593 Views
Takes one to know one
- 10/06/2010 06:18:54 AM
985 Views
He said more domestic drilling, not more offshore drilling. *NM*
- 10/06/2010 08:25:14 AM
327 Views
The definition of Domestic drilling includes offshore wells.
- 10/06/2010 08:32:58 AM
717 Views
no the main subject of the thread was should there be an aids benefit for the people affected *NM*
- 10/06/2010 04:16:47 PM
305 Views
You assumed something that was perhaps implied. It still doesn't hold up. *NM*
- 10/06/2010 11:17:02 PM
278 Views
this is human crisis not just an excuse to beat an oil company over the head with a stick
- 09/06/2010 02:38:06 PM
749 Views
i don't think the US government has ever organized a benefit concert.... *NM*
- 09/06/2010 04:18:39 PM
304 Views
I do believe they were involved in the text donations program *NM*
- 09/06/2010 04:29:42 PM
292 Views
I somewhat doubt it. But I wasn't responding to that part of her post.
- 10/06/2010 01:26:26 AM
647 Views
- 10/06/2010 01:26:26 AM
647 Views
Regarding the comparison to the financial crisis
- 10/06/2010 02:10:44 AM
643 Views
Um, because "Big Oil" is in no danger of failing?
- 10/06/2010 02:20:46 AM
608 Views
It's unclear if BP can take the hit
- 10/06/2010 03:05:32 AM
593 Views
I actually agree, Free Markets should be cleaning up the oil spill.
- 10/06/2010 02:57:09 AM
988 Views
Re: I actually agree, Free Markets should be cleaning up the oil spill.
- 10/06/2010 03:41:34 AM
720 Views
How is this not a bailout?
- 10/06/2010 04:15:18 AM
873 Views
yes lets destroy the gulf coast to make a point
- 10/06/2010 05:24:12 AM
598 Views
I'm simply following laissez-faire capitalism and unfettered free-market ideology?
- 10/06/2010 06:39:19 AM
689 Views
- 10/06/2010 06:39:19 AM
689 Views
maybe if you tried to understand it you would do a better job of making fun of it
- 10/06/2010 04:21:46 PM
547 Views

