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On oil leaks

I think that if it were in BP's best financial interest to have that well plugged then they would have found a way to do it by now. Yes, it's a public relations disaster. But the reality is (as we should have learned by the failure of all the attempts to hurt one oil company or another by not buying their gas for a day) that a handful of oil companies own the rights to all the oil out there. So bad publicity or no, they are still making money from all of us. And they are still extracting some of that oil from which they will make profits. Granted, it might not be the preferred method of extracting it, but I have to think that sucking it out through a tube, has to be less costly than maintaining that oil drilling platform out in the middle of the ocean. I may be off base there. Just seems if the negative cost were high enough they would have found a solution by now. I've not heard them say anything about taking the profits from the oil they have collected and putting it toward the cleanup of the wetlands that oil will destroy.

Wander

Comments

( 31 comments — Leave a comment )
gairid
May. 24th, 2010 01:49 pm (UTC)
The cynical part of my brain immediately agrees with you in theory, but I think that they would have capped it if they could have by this time---for every gallon they're able to collect, there are surely thousands and thousand of gallons just spewing into the Gulf and that can't be good for profits considering that they are expected to somehow clean it all up.

I've not heard them say anything about taking the profits from the oil they have collected and putting it toward the cleanup of the wetlands that oil will destroy

And you never will. I'm betting that they will put more money into fighting having to pay for the damage the disaster continues to wreak than they will in just paying for the monster they and Transocean have created.

Big Oil is all about profit and little else; it was being penny-wise and pound foolish that caused the accident to begin with. In reading all that lead up to the rig explosion, it's clear that pinching pennies by scrimping on safety checks and having the correct equipment installed as well as being allowed by our own government to regulate themselves is the very thing that caused the disaster.



Edited at 2010-05-24 01:49 pm (UTC)
wander
May. 24th, 2010 02:37 pm (UTC)
Yeah, I know I'm being cynical. But it will be interesting to see once it gets opened up to other interests finding a solution, how fast it gets fixed.

W
i
May. 24th, 2010 01:57 pm (UTC)
i heard that Rush Limbaugh is exactly the same size as the hole in the pipe.

just sayin'...
cinnamonbite
May. 24th, 2010 03:56 pm (UTC)
I notice that no one is boycotting BP gas stations either. Not one person is saying anything about BP means BRITISH Petroleum. You think they care about our coastlines? For that matter, think anyone will care after a few weeks? Unless it directly effects them, people don't care.
wander
May. 24th, 2010 04:33 pm (UTC)
When the summer hurricanes get the oil airborn and it falls all over the place, more people will care. Of course by then it will be too late but at least they will care.
(no subject) - cinnamonbite - May. 24th, 2010 04:42 pm (UTC) - Expand
(no subject) - wander - May. 24th, 2010 06:18 pm (UTC) - Expand
(no subject) - cinnamonbite - May. 24th, 2010 07:27 pm (UTC) - Expand
nayrene
May. 26th, 2010 06:48 pm (UTC)
Actually boycott efforts are up around the country. BP brands include Castrol, Arco, Aral, am/pm, Amoco, and Wild Bean Cafe, Safeway
gas.
(no subject) - cinnamonbite - May. 26th, 2010 07:57 pm (UTC) - Expand
(no subject) - nayrene - May. 26th, 2010 08:23 pm (UTC) - Expand
(no subject) - cinnamonbite - May. 26th, 2010 10:14 pm (UTC) - Expand
(no subject) - wander - May. 26th, 2010 10:20 pm (UTC) - Expand
(no subject) - cinnamonbite - May. 26th, 2010 10:32 pm (UTC) - Expand
(no subject) - nayrene - May. 27th, 2010 05:13 am (UTC) - Expand
nayrene
May. 26th, 2010 06:48 pm (UTC)
And I also feel compelled to point out that our government ALLOWS them to drill here. And makes money from it. We're complicit.
(no subject) - wander - May. 26th, 2010 06:56 pm (UTC) - Expand
(no subject) - cinnamonbite - May. 26th, 2010 08:02 pm (UTC) - Expand
(no subject) - nayrene - May. 26th, 2010 08:28 pm (UTC) - Expand
(no subject) - wander - May. 26th, 2010 08:28 pm (UTC) - Expand
auryn24
May. 25th, 2010 03:00 am (UTC)
We are so sad here. Seeing our wetlands getting lapped up by oil, our pelicans suffocating, our fishermen and shrimpers out of work and livelyhood. It's enough to make us cry when we watch the local news. We've been screaming for help for a month...no cigar.
wander
May. 25th, 2010 03:56 am (UTC)
And I hear BP is keeping everyone away from the area. My boss and I are thinking about coming down to shoot some footage. I feel for you.

W
(no subject) - nayrene - May. 26th, 2010 08:31 pm (UTC) - Expand
(no subject) - nayrene - May. 27th, 2010 05:17 am (UTC) - Expand
redsgoddes
May. 25th, 2010 04:10 am (UTC)
Umm...read what I just posted to my wall.
wander
May. 25th, 2010 04:58 am (UTC)
Many of the live feeds are down right now and no one is really sure what's going on with that.

W
(no subject) - redsgoddes - May. 30th, 2010 02:46 am (UTC) - Expand
aditu
May. 25th, 2010 04:35 am (UTC)
Sigh it's just so disgusting and painful to think about. Such a disaster.
wander
May. 25th, 2010 05:00 am (UTC)
My boss is a fossil gatherer and said he often wonders what could kill some much life all at once to make the massive fossil beds he finds. Now he knows.

W
nayrene
May. 26th, 2010 06:26 pm (UTC)
I completely agree. If it was costing them more, they would have taken care of it. Was just reading about the cleanup efforts... depressing. They have to wait for the birds to get too tired to fly to capture them and clean them up. Nobody's going to be able to eat the food in the area for at least ten years.
wander
May. 26th, 2010 06:27 pm (UTC)
Nope. Forget about any seafood from the Gulf for awhile.

W
( 31 comments — Leave a comment )