That the platform was built, maintained and run by Transocean, the largest offshore drilling infrastructure company in the world. They're american by the way. You might want to consider that several so called 'vital' safety features are not required by US regulation, are only required in Norway and Brazil was it(?), and have never actually been proven in the wild. You might want to consider that 36% of BP shares are US attributable, with 14% owned by individuals (i.e. 401K), and these investors have had $4BN wiped off their investment so far.
Even much of the other 86% represents shares owned by funds. But the impact is still much less in the US than in the UK. From what I gather in the article, it sounds like BP going bust would cause ripples throughout the whole pension fund system in the UK.
You may also want to consider that accidents DO happen. No one planned this, no one wanted it (certainly not BP who are down $1BN in costs, nor the US subcontractors who will end up footing much of BPs bill), but it is the price we pay for our dependence on oil, and the lengths we are forced to go to to get it in the name of energy independence.
Accidents happen, but when they are due to blatant neglect, it is a real shame because it was preventable.
Did you drive a car today? - grats, you contributed to this disaster. Did you use plastics? - grats you contributed. Did you buy any products that where not locally sourced? - grats you contributed. The list goes on.
Again, I disagree - demanding oil is not the same as forcing someone to neglect safety to procure it.
This message last edited by BlackAdder on 10/06/2010 at 07:20:18 PM
Bailout for BP?
- 10/06/2010 08:28:17 AM
803 Views
this government won't bail out BP
- 10/06/2010 08:43:01 AM
385 Views
In response to: "pipes leak, it happens"
- 10/06/2010 02:41:17 PM
512 Views
Would it be totally wrong to have such an award?
- 10/06/2010 03:11:06 PM
492 Views
- 10/06/2010 03:11:06 PM
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A minor point I realise
- 10/06/2010 04:34:13 PM
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If other companies were involved, then they certainly share responsibility.
- 10/06/2010 05:08:19 PM
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100% responsible? Nobody is claiming they're 100% responsible.
- 10/06/2010 11:46:17 PM
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Ah. I was misled by no one seeming to talk about the other parties involved.
- 11/06/2010 10:10:06 AM
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I guess it depends on your definition of "proved."
- 11/06/2010 05:45:58 PM
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I have seen those allegations
- 12/06/2010 11:14:41 AM
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Mm, yes, we know how troublesome Congressional investigations are.
- 13/06/2010 06:49:15 AM
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It hasn't had "British" in the name since 2001 *NM*
- 13/06/2010 07:30:19 AM
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I am aware of that. I am referencing the idiotic claim of Brits that this is a national bias. *NM*
- 13/06/2010 07:35:25 AM
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You are clearly over emotional about this, not much point in trying to use reason with you *NM*
- 14/06/2010 10:36:15 AM
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Come take a trip down here and then give me a sanctimonious lecture on emotion. Get stuffed.
- 15/06/2010 12:05:33 AM
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Ironic
- 10/06/2010 03:27:12 PM
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Kids deserve to be sold into sex trafficking, but I'm ignorant and not too interested about it
- 10/06/2010 03:42:05 PM
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The end of that still sounds like "it's the bank fault I robbed them,'cos their security's so bad. "
- 11/06/2010 01:33:44 PM
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Except it isn't really like that, is it?
- 11/06/2010 02:27:56 PM
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Honestly? Foxhead was in trouble soon as he said (basically) "I know naught of this, but think... "
- 11/06/2010 02:54:37 PM
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Seems so, given lyringlas is an idiot. As his replies have shown.
- 11/06/2010 03:04:28 PM
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*shrugs* If you don't know, don't speak.
- 11/06/2010 03:57:25 PM
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if you don't know, ask
- 12/06/2010 02:23:47 PM
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You really are an idiot.
- 13/06/2010 06:55:21 AM
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you know i went back to my post just to see exactly how it was i pissed you off
- 10/06/2010 04:40:50 PM
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Also, I'm pretty shocked by this quote
- 10/06/2010 01:09:09 PM
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Anthony Weiner is anything but a sensible democrat congressman. *NM*
- 10/06/2010 04:18:21 PM
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Yeah, I was wondering about that - never heard of him before. *NM*
- 10/06/2010 04:24:10 PM
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Things you might want to consider. Especially Americans
- 10/06/2010 06:00:06 PM
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Transocean is Swiss, actually. w/ EDIT
- 10/06/2010 07:09:22 PM
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In name, not in reality
- 10/06/2010 07:14:26 PM
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True, Switzerland isn't known for its deepwater oil drilling.
*NM*
- 10/06/2010 07:38:09 PM
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*NM*
- 10/06/2010 07:38:09 PM
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