Originally posted by EddieZilker
Kind of like the vendors of ice for $8.00 per six ounce cup were price gouging survivors in the aftermath of Hurricane Andrew - just to ween them off their dependence on frozen water. :rolleyes:
Thanks!
Apples and oranges. If you aren't willing to see oil as a luxury, then you are no better then BP. People who think $70 dollars per bbl is a feasable price are teh same people that are gung ho about offshore drilling without contigency, and believe that peak oil is simply a fallacy.
If offshore drilling cannot be made safe, it should be halted. If we don't have offshore drilling, true oil costs will be realized, you'll see.
Lews
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Originally posted by Nrg2Nfinit
yes your correct. I think you have at least two quarters. I'm going to wait until they have a nice up day and perhaps try this out. If a buyout is announced though, that could definatley spell trouble for shorters.
Yeah, I'm waiting for the stock to go up a little bit before I try it. Probably won't do too many shares either, just give it a little try for kicks.
Do you think they'll be bought out? They have plenty of capital and their balance sheet is good (was fantastic before this). Just everyone hates them.
I'd never buy an oil company, but I can sure as hell try to sink their prices :p
Sunsnail
for whatever my opinion is worth, don't buy BP
Lews
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Originally posted by ModernNosferatu
Holy . I've never seen that before. Wow :wtf:
Fledz
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Originally posted by Lews
Holy . I've never seen that before. Wow :wtf:
This woman needs to be shot. On a more positive note, read some of the comments:
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From what i know...no-one who claims to be a christian follows the bible properly....heaven is empty.
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Let me tell you something about Knight Elf Mohawks. I don't care what kind of heroes they think they are, In the Old Testament, Mr. T would have been put to death!"
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CLEANSE YOUR SOUL WITH A WATER BOTTLE KIDS
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# montsyblackmadonna 2 days ago Sister Becky is awesome.She has devoted her whole life to saving the souls of children.She is anointed and a wonderful role model to women and mothers everywhere.We all need to be raising up our children for Christ.We must fumigate and purify this nation of all of its gay amd atheist manifestations.Have a blessed and most holy day.
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Come up here and wash ur hands with......a water bottle lmao!
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im a wizard you dumb bitch and that comment really offended me ...Expelliarmus
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No, he's Commander Shepard, and Hogwarts is his favourite store on the Citidel.
:stongue:
Sushipunk
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Originally posted by ModernNosferatu
Hahaha :wtf: That's disturbing as .
EddieZilker
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Originally posted by Nrg2Nfinit
Apples and oranges. If you aren't willing to see oil as a luxury, then you are no better then BP. People who think $70 dollars per bbl is a feasable price are teh same people that are gung ho about offshore drilling without contigency, and believe that peak oil is simply a fallacy.
If offshore drilling cannot be made safe, it should be halted. If we don't have offshore drilling, true oil costs will be realized, you'll see.
If my analogy is my apples against your oranges, then your characterization is more akin to your oranges landing on Omaha Beach, against a German pillbox. Equivocate all you want to but you're no better at it than BP's COO. It would seem that being assured of your position's moral and ethical high-ground is, very much, a luxury you'll have to do without.
we_R_DNA
nothing gets done with this thread other than spread awareness, but ignorance rules human's awareness. . .
most of us like the people who said meh
they just tend to ignore the grim reality humanity faces
I suppose that comes in handy for survival skills;
The next time a burning forest encroaches upon your exists; just do what Will did and say Meh. . .
human's ignorance is a bubble most humans are not capable of having popped, but when this bubble is popped their awakening to the real world around them is something they cannot handle. This induces rage and anger at the reality they cannot change.
again this thread just spreads awareness, but in reality nothing gets done unless humans step up to the plate of life and take a swing at what is thrown at them.
sometimes you will flat out fail and miss
sometimes you Will
yes you Will
Nrg2Nfinit
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BP pegs spill at worst-case 100,000 bpd
The oil giant's stock, which has nearly halved in value since an explosion on an offshore rig on April 20, slid over 4.0 percent after the document estimated the rate at 100,000 barrels per day (15.9 million liters) versus the government estimate of 60,000 barrels.
BP spokesman Toby Odone said the document appeared to be genuine but the estimate applied only to a situation in which a key piece of equipment called a blowout preventer is removed.
"Since there are no plans to remove the blowout preventer, the number is irrelevant," Odone said.
BP also said in a statement on Monday, the 63rd day of the spill, that the cost of its response had hit $2 billion and it had paid out $105 million in damages to those affected.
It rejected claims by its partner in the oil well, Anadarko Petroleum, that it had been negligent in the way it operated the installation.
"It's a combination of things (affecting the share price)," said Barclays Capital analyst Lucy Haskins.
"Over the weekend we were getting the newsflow about Anadarko refusing to pay and then there's these stories about higher flow rates in an internal memo.
"The shares are very vulnerable to any movement in terms of newsflow," she added.
The estimate in the undated BP document was released by U.S. Representative Ed Markey, chairman of the energy and environment subcommittee of the House of Representatives Energy and Commerce Committee.
"Right from the beginning, BP was either lying or grossly incompetent," Markey told NBC's "Meet the Press" on Sunday.
The document was posted on the Internet here
There was no sign that BP's problems were going away.
The BBC's Panorama program said that a worker on the Deepwater Horizon rig where the explosion took place, had told it that he identified a leak in safety equipment weeks before the explosion. A congressional committee probing the accident said last month the blowout preventer had a leak in its hydraulic system.
And BP CEO Tony Hayward, the target of U.S. criticism for his statements since the spill began, sparked new controversy by watching a yacht race off the English coast on Saturday. He is also expected to attend the BP Portrait Awards on Tuesday.
BOND, BIGGER ASSET SALES?
The British group is planning to raise $50 billion to cover the cost of the largest oil spill in U.S. history, London's Sunday Times reported.
The newspaper, without citing sources, said BP planned to raise $10 billion from a bond sale, $20 billion from banks and $20 billion from asset sales over the next two years to cover the cost of the spill.
The Financial Times said that CEO Hayward was planning to travel to Russia to reassure President Dmitry Medvedev that the oil group is not on the brink of collapse. BP said it did not comment on the movements of its chief executive.
BP said last week it would suspend dividend payments to its shareholders and increase the pace of asset sales to $10 billion this year to offset liabilities from the spill, which began after an explosion that killed 11 workers.
The amount of oil spewing from the well has been a matter of considerable controversy in the two months since the spill erupted, with critics saying BP has understated the flow rate.
The spill has dealt a body blow to fishing and tourism industries across four Gulf states, soiling coastlines that are a playground for tourists and a key habitat for wildlife.
New Orleans Mayor Mitch Landrieu is taking mayors from 17 U.S. cities to visit the slick-damaged Mississippi Delta, where oil has coated fragile marshlands, tarred wildlife and decimated fisheries.
QUICK SETTLEMENT
Huge amounts of oil continue to leak into the sea from the ruptured well a mile below the ocean surface despite BP containment systems.
BP said on Sunday that 21,040 barrels of oil (883,680 gallons/3.34 million liters) leaking from the well was collected by its siphoning systems on Saturday. One of the two systems was restarted on Saturday after a 10-hour shutdown to fix a problem with fire-prevention equipment, BP said.
Kenneth Feinberg, the independent administrator running the $20 billion fund set up by BP to compensate victims, said on Sunday he would make sure that "every eligible, legitimate claim is paid and paid quickly.
Feinberg, an arbitration lawyer, dispensed hundreds of millions of dollars to victims of the September 11, 2001 attacks on the United States.
The spill threatens the coastal economies of four states including hard-hit Louisiana.
Mississippi Republican governor Haley Barbour, appearing on "Meet the Press," said he was anxious to see the well capped, the spill cleaned up and BP cover the entire tab.
"Nothing is satisfactory until the well is shut in. When the well is capped, then clean up the oil, and then BP pays the bills. Until all of that is done, nothing is satisfactory," he said said.
Despite assurances of swift compensation, Louisiana Gulf residents remained skeptical.
"Every time they say there's a fund for fishermen, we wait years and years," said Tal Plork, whose fisherman husband, Phan, faced long waits for aid after two hurricanes rampaged across the Gulf region in 2008. "It was like that for Gustav and Ike. Hopefully, now they will go faster."
you know if they are saying 100,000 its probably even more.
jesus. thats over 6 million barrels total.
Ridexer
Gulf War oil spill: 1,360,000 -1,500,000 tons
The worst oil spill in history, the Gulf War oil spill spewed an estimated 8 million barrels of oil into the Persian Gulf after Iraqi forces opened valves of oil wells and pipelines as they retreated from Kuwait in 1991. The oil slick reached a maximum size of 101 miles by 42 miles and was five inches thick.
I think we're going to end up with new #1
MrJiveBoJingles
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Originally posted by ModernNosferatu
That was some intense wailing that woman was doing. :wtf:
Moongoose
Fear not people, this didsaster is about to be stopped, Luisiana lawmakers have come up with the perfect solution. Everybody in the gulf coast should ask god for help :wtf:
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(CNN) -- While cleanup crews and technical teams continue efforts to stop crude gushing into the Gulf of Mexico, Louisiana lawmakers are proposing a different approach: prayer.
State senators designated Sunday as a day for citizens to ask for God's help dealing with the oil disaster.
"Thus far efforts made by mortals to try to solve the crisis have been to no avail," state Sen. Robert Adley said in a statement released after last week's unanimous vote for the day of prayer. "It is clearly time for a miracle for us."
The resolution names Sunday as a statewide day of prayer in Louisiana and calls on people of all religions throughout the Gulf Coast "to pray for an end to this environmental emergency, sparing us all from the destruction of both culture and livelihood."
What a great idea. Just a though though, if we postulate for a few seconds that the god of the bible does indeed exists, the bible is true and that everything that happens is a part of his master plan...woudnt the oil spill as well be a part of that master plan and who do the lawmakers of luisiana think they are, telling god to change his master plan so that they can eat fish and take a swim during the summer. Such arrogance.
As i say, if youre thick enough to believe in god and ask him for help during a natural disaster...well who do you think made that disaster happen in the first place if not god?
By the way, the "lets get god to solve our problems" think was supposed to go on on sunday...today is tuesday...did god help yet?
