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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (73431)5/9/2010 8:45:08 PM
From: Snowshoe1 Recommendation  Read Replies (3) | Respond to of 74559
 
>>It really doesn't seem a particularly terrible safety record.<<

BP's safety record is sub par, and this latest disaster may be the last straw. The Feds will be subjecting them to extensive oversight, and it would not surprise me the see them sell off their assets in the USA. Shell would love to get hold of their assets in Alaska...

For BP, a History of Spills and Safety Lapses
nytimes.com

The oil industry is inherently more dangerous than many other industries, and oil companies, including BP, strive to reduce accidents and improve safety.

But BP, the nation’s biggest oil and gas producer, has a worse health, environment and safety record than many other major oil companies, according to Yulia Reuter, the head of the energy research team at RiskMetrics, a consulting group that assigns scores to companies based on their performance in various categories, including safety.

The industry standard for safety, analysts say, is set by Exxon Mobil, which displays an obsessive attention to detail, monitors the smallest spill and imposes scripted procedures on managers.



To: Maurice Winn who wrote (73431)5/9/2010 9:26:16 PM
From: GPS Info  Respond to of 74559
 
I see this fits you too: <I understand that some people identify themselves with their jobs, past or present, and so I suppose that must include the corporate identity as well.>

Not really. I was just offering to answer GPS-related questions when I first signed up. I have no problem jumping to a new identity and leaving GPS behind.

Any mistakes are most likely those of people failing to do their jobs properly despite the best efforts of BP management.

This is where I disagree based on what I have read, and you haven't done anything to support this position, except by providing your own hearsay.

"Oooops, sorry, I blew up a wedding party"

More evasions.