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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (563811)	4/30/2010 1:42:54 AM
From: maceng2	2 Recommendations Respond to of 1577891

I think they ought to send the SWAT teams into the BP HQ. This is not the first time they have screwed up bad. They have a long history of failing to do the job properly, ...and yes they are responsible for the safety of their operations as much as anyone. Just read what the juries have had to say. I think the share holders will agree with me too. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ BP's share price plunges as clean-up costs mount BP saw nearly £8bn wiped off its value yesterday after US President Barack Obama said the company must pay the clean-up costs of the giant oil spill in the Gulf of Mexico. The oil major's share price plunged another 6 per cent as the US military stepped in to help contain the 105-mile slick heading rapidly for the Louisiana coastline. Related articles •Oil spill in Gulf of Mexico 'could be worse than Exxon Valdez disaster' •Michael McCarthy: This couldn't have happened at a worse time or a worse place Search the news archive for more stories BP's stock has dropped by a dizzying 11 per cent since the explosion on the Deepwater Horizon rig that claimed 11 lives last Tuesday night. And even this week's financial results recording a £4bn doubling of its profits will not stop the sell-off. The company says it is doing everything it can to help shut down the remains of the well, which has been pouring more than 200,000 gallons of oil into the sea every day since subcontractor Transocean's burnt-out rig sank on Saturday. BP has 69 boats of various types working around the clock to contain the spill. So far, it has put down more than 100,000ft of floating barriers, sprayed more than 76,000 gallons of dispersant and skimmed off 685,000 gallons of contaminated water. The company has also had five remote-controlled robots labouring 5,000ft down on the sea floor since Sunday, in a desperate effort to close the "blow-out preventer" mechanism which should have shut the well off automatically in the first place. In case the robots fail, BP engineers are also designing a cap that can be fixed to the top of the well – although the scheme could take as much as two weeks to complete. "We are attacking this spill on all fronts, bringing into play all and any resources and advanced technologies we believe can help," Tony Hayward, BP's chief executive, said yesterday. "The scale of the surface response is truly unprecedented." independent.co.uk

To: longnshort who wrote (563811)	4/30/2010 1:53:58 AM
From: maceng2	2 Recommendations Respond to of 1577891

I think the SWAT teams need to also check some plush offices to find out where the terrorists are hiding who caused this outrage. Maybe also have some health and safety officers checking up on things too. /snippet. But the company seemed to lose its focus on maintenance and safety, BP executives later acknowledged. The 2005 explosion at a refinery in Texas City, Tex., killed 15 workers and injured hundreds more. The Occupational Safety and Health Administration fined BP a record $87 million for neglecting to correct safety violations. Only a year later, a leaky BP oil pipeline in Alaska forced the shutdown of one of the nation’s biggest oil fields. BP was fined $20 million in criminal penalties after prosecutors said the company had neglected corroding pipelines. /end snippet nytimes.com