Twisted Intestine
Integral Poster
Stupid environmentalists! If you would have just let us drill up north we could have pawned the spill off on Canada, because it's not really America anyways!
this guy - this is not my kind of guy said:
WASHINGTON — BP's runaway Deepwater Horizon well may be spewing what the company once-called its worst case scenario — 100,000 barrels a day, a member of the government panel told McClatchy Monday.
"In the data I've seen, there's nothing inconsistent with BP's worst case scenario," Ira Leifer, an associate researcher at the Marine Science Institute of the University of California, Santa Barbara, and a member of the government's Flow Rate Technical Group, told McClatchy.
Leifer said that based on satellite data he's examined, the rate of flow from the well has been increasing over time, especially since BP's "top kill" effort failed last month to stanch the flow. The decision last week to sever the well's damaged riser pipe from the its blowout preventer in order to install a "top hat" containment device has increased the flow still more, far more, Leifer said, than the 20 percent that BP and the Obama administration predicted.
Scott Slatin, an analyst who runs search engine marketing company Rivington in New York, estimates the company is paying upwards of $10,000 per day to maintain the various search terms.
A simple Google search of "oil spill" turns up several thousand news results, but the first link, highlighted at the very top of the page, is from BP. "Learn more about how BP is helping," the link's tagline reads.
Tony Hayward cashed in about a third of his holding in the company one month before a well on the Deepwater Horizon rig burst, causing an environmental disaster.
Mr Hayward, whose pay package is £4 million a year, then paid off the mortgage on his family’s mansion in Kent, which is estimated to be valued at more than £1.2 million.
There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.
His decision, however, means he avoided losing more than £423,000 when BP’s share price plunged after the oil spill began six weeks ago.
Since he disposed of 223,288 shares on March 17, the company’s share price has fallen by 30 per cent.
The brokerage firm that’s faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP (NYSE:BP).
According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman’s sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP’s stock during the quarter.
The restrictions that were in place under Bush and Cheney pushed BP out to a point where they wouldn't be able to plug any hole at this depth.
To complain about under regulation in this case is more than foolish as well as completely untrue.
Prior to Director Birnbaum's appointment, MMS granted a categorical exclusion waiver on April 6, 2009 to BP exempting it from National Environmental Policy Act's requirements including a detailed environmental analysis, concluding the spill risk in that part of the Gulf was “minimal or nonexistent.” Such NEPA waivers have become routine at MMS, and the Interior department approves 250 to 400 per year for Gulf of Mexico projects.
Incandenza said:I'm so proud to have thathomoheterosexual as my governor.
Slightly related, I should go to the beach before the oil completes its trip around Florida and ruins the southeast coastline, huh.