BS: US bigots attack British Company (oil spill)

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Bill D
Date: 21 Jul 10 - 06:47 PM

"What's Tony's severance package..."

He...um... "gets his life back"

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Greg F.
Date: 21 Jul 10 - 05:01 PM

What's Tony's severance package, on top of his last years' 45 Million annual salary?

My heart goes out to him.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 21 Jul 10 - 04:04 PM

They dumped Tony Hayward- he will be gone in a few weeks.

It will be impossible for BP to ever pay all the claims, which will total more that the company is worth.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: GUEST,Guest from Sanity
Date: 21 Jul 10 - 01:48 AM

As you can see, and as Donuel, and Don Firth has posted, more and more is coming out, about pressures, methane, and more seepage, as I've posted originally. I haven't been on here much, since, because I figured (and correctly so) that time would prove my earlier reports to be accurate.

What I've heard now, as of recent, is there is a sick game being played out, between the administration, and BP in regards to the cap. The cap was hurriedly put in place, because after it was 'put on', and poorly so, the responsibility now shifts over to the government, as to the responsibility and liability..even if it fails, and away from BP...so any further damages will be at our cost..not BP'S. The government is trying to allow it on,long enough to appear as if there is some success(somewhere), but is making noises about wanting it removed, for some work on it...which might not have a good outcome...and for that call, they don't want to appear responsible.

Yes folks, you heard it here!..oh, and by the way.....its accurate.

GfS

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Teribus
Date: 21 Jul 10 - 01:30 AM

Your oil seepage apparently has got bugger all to do with the well now they say. Why do Americans (Media and Senate) run around like headless chickens when faced with any crisis? Why is the default position always the blame game instead of dealing with the matter in hand? (9/11 & Katrina being two previous prime examples). Moratorium on deep sea drilling? fair enough if you lot used less and paid more for it. It happens to be a different way of stating to the world - We'll use up your oil first

While BP is responsible the blame attaches to Haliburton; Transocean; Cameron and the US Regulators from what I can see.

None of it will ever be paid Q? Don't you believe it, that stated on another British trait - We pay our bills.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 20 Jul 10 - 09:46 PM

Robert Kaluza, apparently the head BP man on the rig, refuses to testify, invoking the Fifth Amendment.
Further actions may be and should be taken against him and others if they refuse to testify for Congressional Committees.
Rumors are he was the one who made the decision on the mud.

An article in the Los Angeles Times July 19, but Kaluza had already announced his stand in April.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Don(Wyziwyg)T
Date: 20 Jul 10 - 09:33 PM

""To try to claim that Americans are bigoted against BP simply because it is a British oil company is disingenuous. Consistent with their recent abysmal safety record and an almost predictable result of their recent company policies, BP fouled up.

To claim that, merely because it is a British-based company, holding BP responsible for their foul-up is "bigotry" is sheer nonsense. Among other things, no one is holding the British people responsible for this.""

I'll swallow that on the day that some American authority says that Transocean, and Halliburton, and others responsible for associated hardware, bear some responsibility.

From all that I'm hearing they have been allowed to head for the hills unopposed, while the whole blame is loaded on the British Company.

I am well aware just where the buck stops, but there should, nonetheless, be action taken against those lower down the chain of command, particularly those who were operating the rig when the fire occurred. Such action is conspicuously absent.

Don T.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: mandotim
Date: 20 Jul 10 - 04:45 AM

The BP disaster is just revenge for the dietary pollution caused by MacDonalds. Probably similar amounts of oils involved too.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: mousethief
Date: 19 Jul 10 - 11:58 PM

To claim that, merely because it is a British-based company, holding BP responsible for their foul-up is "bigotry" is sheer nonsense. Among other things, no one is holding the British people responsible for this.

Stop being reasonable. That's clearly not wanted here.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 19 Jul 10 - 05:42 PM

Digression-
That plural bothers some Brits as well, although it is required in BBC broadcasts, etc. And not just hupper class usage.

The Army are, Manchester are, BP are, etc.
Not heard in Canada. Used in Australia?

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Bill D
Date: 19 Jul 10 - 05:03 PM

"I suspect that what Shell are doing..."

What Shell IS doing.... a company is an entity over here, just as a sports team is....and takes the singular. ☺

But that aside, Richard....did you bother to watch the video? It is as fair and neutral as possible. Shell is just pointing out that there ARE serious differences between good and bad techniques of well safety.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Don Firth
Date: 19 Jul 10 - 04:31 PM

Richard, as an American, I can say that, for quite some time, BP had a pretty good reputation in this country. The general attitude was, if anything, a sort of reverse bigotry. "They must be pretty good. It's a British company." This, as contrasted with companies such as Exxon, with the Prince William Sound spill, and a number of other oil companies who had pretty well established that they were not very well "house trained."

But within recent years, BP's shoddy safety record, due mainly to their cost-cutting and safety short-cuts, has—quite understandably and quite rightly—undercut their previously good reputation.

To try to claim that Americans are bigoted against BP simply because it is a British oil company is disingenuous. Consistent with their recent abysmal safety record and an almost predictable result of their recent company policies, BP fouled up.

To claim that, merely because it is a British-based company, holding BP responsible for their foul-up is "bigotry" is sheer nonsense. Among other things, no one is holding the British people responsible for this.

Don Firth

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Donuel
Date: 19 Jul 10 - 03:52 PM

I was asked not to divulge any of these rumored facts last month so not to jeopardize the source or agency involved:


The area of the deep horizon site has a fifteen mile radius of armed security which is ordered to repel any unauthorized water or air craft from any investigation by BP orders enforcable by the US Coast Guard. The rumor was that six miles from the broken riser is a large ocean floor rift which is pouring out oil and methane gas at pressures up to 4,000 psi.

Today there are reports tht a "seep of oil from the ocean floor" exists a couple miles from the drilling site.

The drilling pipes that may have burst are only 7 inches diameter at the bottom end and are gradually expanded to pipes well over a foot wide that surround the drilling pipe. When the numerous methane kicks (explosions) burst the blow out preventers prior to the rig exploding and sinking, it is easy to assume that the methane bursts had also burst the pipes beneath the sea.

The relief drilling will be of no use unless it contacts pipe with no breaks beneath the intersection.

This means that the success of the relief wells that are now in progress is very unlikely.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 19 Jul 10 - 02:06 PM

become liable....

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 19 Jul 10 - 01:33 PM

Yes, Richard, most Americans would like to see BP sliced and diced; taken over by one or several companies.

Apache has backed away from bidding for the Alaskan segment. A difficulty is that under American law, they would also become for some of BP's liabilities, which may reach $100 billion.

Unfortunately only a fraction of this amount will ever be paid.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: catspaw49
Date: 19 Jul 10 - 07:13 AM

Your shirt stuffing is soggy and drooping Richard. Why do I suspect that if the name was French Petroleum you'd be all over them like white on rice?


Spaw

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Richard Bridge
Date: 19 Jul 10 - 03:37 AM

The point is this.

Something goes wrong - and the USAians say "BRITISH Petroleum".

Something goes right, and they say "Oh, someone else did that".

I suspect that what Shell are doing is trying to drive BP's share price down to try to get a cheap takeover possibility.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 18 Jul 10 - 10:00 PM

Thanks for linking the Shell-BP comparison video- It is well-presented. As I remarked in this or the other thread, it is unusual for engineers of a major to denigrate the work of another major and sometime partner.

There is now worry that the oil is not contained, that there is gas coming up from below. An announcement expected Monday.

Somehow BP reminds me of the drunken guest who barffed on the carpet and said, "Oh, well, it isn't my carpet." The BP errors will take years to correct.

Shore rock around Prince William Sound still hides leaked oil, and organisms important for the basal food chain are scarce. Small seabirds are still uncommon, and the herring harvest has been lost.
Millions of people are affected by the situation in the Gulf.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Bill D
Date: 18 Jul 10 - 09:28 PM

"...anyone praising BRITISH expertise in getting the cap working?"

Several reports say they used off-the-shelf technology and equipment that could have been used weeks ago.

Got an hour, Richard Bridge? Or even 30-40 minutes? (that will get you thru all but the Q&A part.)

Watch this video on how deep water wells are done- and differences between how Shell & BP do it...then tell me about 'expertise'.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 18 Jul 10 - 09:00 PM

Associated Press- A federal official said Sunday that scientists are concerned about a seep and possible methane seen near BP's busted well.
The official said BP is not complying with the government's demand for more monitoring.
An announcement is expected tomorrow.

The Huffington Post reports that if Adm. Allen "doesn't get the response he wants, the testing could stop."
"Gulf Oil Seep: Methane, Leak Suspected near BP's Blown Out Oil Well."
www.huffingtonpost.com

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 16 Jul 10 - 06:23 PM

Who fabricated the containment caps? Who designed them? Just temporary measures, but this hasn't been mentioned in the press or at least I haven't found it.


Going to be years before the people who depend on the Gulf for their livlihood get back to normal. Similarly much wildlife.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Don Firth
Date: 16 Jul 10 - 05:42 PM

Sorry, guys, but for some years now, BP has had a considerably less than admirable safety record.

CLICKY #1.

And Teribus, just because you haven't had the experience doesn't mean that it didn't happen on the Deepwater Horizon rig.

So both of you—Teribus and Richard—read the story and watch these two videos and inform yourselves. Sorry about the commercials, but the interviews with Mike Williams and the others are very informative and quite revealing.

CLICKY #2.

(Williams didn't say "BP executive." He said, "BP manager" and "BP company man.").

It occurs to me that, considering a couple of mishaps that had taken place earlier with the drilling, there is a certain touch of the song "Waist Deep in the Big Muddy" about this oil blowout.

The question, "Who was ultimately in charge?" BP.

Don Firth

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Richard Bridge
Date: 16 Jul 10 - 10:20 AM

I'm reminded of the late unlamented Robert Maxwell who paid off a person he found smoking on company premises - only to have the person reveal that he worked for someone else, pocket the money, and walk!

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Teribus
Date: 16 Jul 10 - 08:32 AM

When the crew objected, saying that it would not be safe to do so, he insisted, and threatened to fire them and bring in another crew unless they followed his orders. So they obeyed his orders and what they feared might happen did!

So a BP executive (whatever is supposed to be meant by that - I have worked offshore on many rigs and never seen any Oil Company Executives onboard them) threatenned to fire Transocean employees? How was he going to do that? Not really a logical step even if the executive could fire the employees of another company, I mean lets face it if his complaint was the time they were taking, his threat to fire them would mean halting operations, casting round to find another crew, get them out there and up to speed in operating an unfamiliar rig, that is an enormous amount of time simply wasted, sorry not a very credible threat.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Greg F.
Date: 16 Jul 10 - 07:33 AM

...BRITISH expertise in getting the cap working?

Ya mean the one that should have worked months ago? Or the one that they don't know is going to continue to work as yet?

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Teribus
Date: 16 Jul 10 - 06:48 AM

I'm sorry, Richard, but it was a BP executive who told the drilling crew that the drilling was taking too long and costing too much, and ordered them to speed up the drilling.

What relevance this has to what happened escapes me. IIRC the well was being temporarliy capped to let the drilling rig move off so that a production manifold could be put in place. If that was the case then the drilling would have been completed days before, therefore how fast the hole was drilled doesn't enter into it.

What failed was the cement job to cap the well (Halliburton) and the BOP (Cameron/Transocean)

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Arthur_itus
Date: 16 Jul 10 - 05:13 AM

Agreed Richard

Obama is an A******e
He hasn't got the grace to show any encouragement to BP. That is IMHO, not the way most Americans behave. They are normally very helpful and encouraging (even if it is a disaster).

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Richard Bridge
Date: 16 Jul 10 - 03:33 AM

Well, it looks as if BP have capped it

http://www.bbc.co.uk/news/world-us-canada-10657088

And in comparison with all the attacks on BRITISH Petroleum for screwing it up do I hear anyone praising BRITISH expertise in getting the cap working?

All President Obama says is that it is "a positive sign".

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Don Firth
Date: 16 Jul 10 - 12:24 AM

Get off your high horse, Richard. Bigotry has nothing to do with it.

Don Firth

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Don Firth
Date: 16 Jul 10 - 12:19 AM

I'm sorry, Richard, but it was a BP executive who told the drilling crew that the drilling was taking too long and costing too much, and ordered them to speed up the drilling. When the crew objected, saying that it would not be safe to do so, he insisted, and threatened to fire them and bring in another crew unless they followed his orders. So they obeyed his orders and what they feared might happen did!

Reported by a man who was there, and damn near died when the rig blew up.

That's what happened.

Don Firth

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Alice
Date: 15 Jul 10 - 11:24 PM

The gecko accent is a joke used in their recent ad:
"British... I thought you were Australian!"

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 15 Jul 10 - 10:05 PM

Had to go to Wiki to find out who Simon Cowell was (He is a Britisher, it seems). I have heard of Idol but never watched it.

Geico is owned by Berkshire Hathaway, Warren Buffett's company, about as American as one can get. I thought the accent was pure gecko.

True, never thought about British companies before BP's catastrophe, but now I do. BP's atrocious example has hurt UK business reputations (Now I won't buy that Lotus!).

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Alice
Date: 15 Jul 10 - 09:30 PM

Most Americans don't even think about British companies or would recognize them if asked. Most would respond "Simon Cowell" if asked about the British or maybe the GEICO gecko. Strange as it may seem to you, most Americans don't think about Britain at all.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: GUEST,Wesley S
Date: 15 Jul 10 - 04:37 PM

By the way. CNN is reporting that the leak in the Gulf has finally been capped. Let's hope it holds this time.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: GUEST
Date: 15 Jul 10 - 04:23 PM

Post verified as being from GfS - but GfS, you should put your name in the "from" box. -Joe Offer-

---

Don: "Still, as I said earlier, it looks as though you all are going to be rid of the biggest competitor of US big oil."

What does being a 'U.S.' company have to do with it???? The multinational conglomerates don't give a damn about the U.S., unless it wants to rent their military. Neither do the 'globalists', nor the socialists....its all one big happy family!

Sooner or later a light will go on...........

GfS

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Don(Wyziwyg)T
Date: 15 Jul 10 - 03:11 PM

""Many of us hope that BP will be bought out by companies that pay more attention to government regulations and to honest business practices.""

American companies of course!

And what you'll get is companies who are better at hiding their disregard for regulations which interfere with making profit. Only next time, those companies (Transocean, Halliburton, etc.) won't be able to hide behind a foreign competitor, and avoid taking any responsibility for their own actions.

I hold no brief for BP in all this, but they weren't alone, and only they are taking the flak for what happened. And you are living in cloud cuckoo land if you believe that US companies are any more likely to be trustworthy. Next time, and there will be a next time, you'll have nobody to blame but your own guys.

Still, as I said earlier, it looks as though you all are going to be rid of the biggest competitor of US big oil.

Don T.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 15 Jul 10 - 01:41 PM

Many of us hope that BP will be bought out by companies that pay more attention to government regulations and to honest business practices.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Richard Bridge
Date: 15 Jul 10 - 04:23 AM

"14 Jul 2010: President of the Organisation for International Investment tells UK firms to beware anti-British rhetoric in forthcoming US mid-term elections in the wake of the BP oil spill"


http://www.guardian.co.uk/business/2010/jul/14/british-companies-reputation-threat-us


I told you so.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: dick greenhaus
Date: 06 Jul 10 - 06:38 PM

Isn't it comforting to realize that BP (through its affiliates AMOCO and ARCO) can now legally spend as much money as they wish in getting freindly US politicians elected? Ahh....free speech.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Ed T
Date: 04 Jul 10 - 11:13 PM

An interesting, (though long) blog/perspective on oil from 2005 (old, but still interesting):
http://mises.org/daily/1717

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 04 Jul 10 - 10:56 PM

Hydrocarbons can be formed in other ways- some noted in meteorites (I published long ago on one chondrite that may have organic remains and which contains organic compounds, but there is much better, more recent analysis by geochemists), and inferred from scans of planets- but the abundant hydrocarbons we find in buried sediments are derived from organic precursors, remains of which are common in oils that have not undergone much thermal heat and/or pressure, and which have the same geochemical fingerprints.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Ed T
Date: 04 Jul 10 - 08:52 PM

"Scientists have found that ethane and heavier hydrocarbons can be synthesized under the pressure-temperature conditions of the upper mantle —the layer of Earth under the crust and on top of the core".


http://www.sciencedaily.com/releases/2009/07/090726150843.htm

Subject: RE: BS: US bigots attack British Company (oil spill)
From: GUEST,Guest from Sanity
Date: 04 Jul 10 - 04:10 AM

I know TH-A-A-A-T!!! (wink)

GfS

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 03 Jul 10 - 09:15 PM

Remains of microorganisms (mostly; some other plant materials) and geochemical study of the range of organic compounds preserved in association with petroleum deposits have proven that the source is preserved organic materials transformed by heat and pressure of burial under the weight of sediments.

Geochemistry has proven to be of great value in determining the relationship of hydrocarbon deposits to source beds, due to the pioneering work of W. G. Meinschein, Huang, Staplin and others and, of practical value to petroleum explorationists, the identification and mapping of source-reservoir relationships which has contributed to important discoveries of reserves.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Ed T
Date: 03 Jul 10 - 08:41 PM

GFS,

Here are some links to keep your inquiring mind busy...at the end ot the post.

They are theories of offbeat scientist Thomas "Tommy" Gold, who died in 2004? He was proven right on a lot of his theories that scientists (of the time) did not accept. He suggested that the moon's surface was covered with a fine rock powder...proven to be true. He stated that the ear (not the brain) was capable of resonating and discriminating between different musical notes, again proven years later. Another was that pulsars are neutron stars emitting radio waves as they spin....again proven years later.

One unconventional theory, never to catch on, was that oil and natural gas are formed not from decaying organic matter, as most scientists believe, but from geologic processes and continually well up to the surface from deep underground.

"The presence of organic molecules in all petroleum deposits has long been taken as evidence for the biological origin of petroleum. Gold argued instead in his 1999 book "The Deep Hot Biosphere" that the organic molecules come from subterranean microbes that feed on petroleum deep in the Earth's crust. Gold's vision of a supply of oil and gas that is essentially inexhaustible drew intense criticism from petroleum geologists".

http://www.news.cornell.edu/chronicle/99/1.28.99/Gold-book.html

http://www.abovetopsecret.com/forum/thread38279/pg1

Subject: RE: BS: US bigots attack British Company (oil spill)
From: GUEST,Guest from Sanity
Date: 03 Jul 10 - 12:55 AM

I guess I could say, "I know all that"...but I also said I'd post anything I heard, that was related. The Tsunami thing was a new one on me, however, they were talking about IF there was a collapse. So far, when I've posted stuff about that, someone posts the usual reply, of calling it nonsense......but then, on this matter, the stuff I've posted HAS been accurate...just ahead of what was reported on the regular 'news'(?)

I did, on the original post(or was it the second one, mention how they normally pump water or mud back into where they pump offshore, so when they mentioned the other part, I thought it may be of interest...and I'm only posting what I've heard, as aforementioned.

Hey, everyone have a good one!

GfS

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 02 Jul 10 - 03:09 PM

A lot of exaggerated nonsense in blogs on the raddio.
Seismicity is used to find likely oil and gas traps in the subsurface. "Highs" or blockages to trap hydrocarbons in porous sediments are two anomalies sought by petroleum explorationists, and become prospects.
The hydrocarbons encountered vary, depending on the thermal history.
The hyrdocarbons in sediments undergo a natural 'cracking' depending on the heat and pressure on the formation. Very heavy hydrocarbon molecules are separated, lighter fluids and gases are generated that can be extracted through the well bore. If thermal effects are very strong, the result is more gas and less or no liquid hydrocarbons.
The formation being explored at the Macondo well has a strong gas element, but liquid hydrocarbons are also present; contributing to a desirable crude. Gases have become an important contributor to our energy needs.
Of course if the formation is breached, the gas pressure will force both liquid and gaseous materials to the surface, usually confined and prepared for production.
Unfortunately, mistakes and unpreparedness led to the gusher at Macondo being uncontrolable.

Nonsense about eventual collapse and tsunami belongs in children's science fiction comics. Of course the disaster is catastrophic enough without such laughable speculation.

Hydrocarbon gases normally are a mixture of the lightest hydrocarbons, methane to ethane and etc.; there is nothing unusual about that. In some regions subjected to stronger thermal effects, the gases approach the very light end, methane.
Along with the hydrocarbon gases, many crudes contain sulfurous gases and compounds. There is a good market for sulfur at present, but I remember seeing large piles of extracted sulfur near some refineries.
All of these gases are toxic, the degree depending on the type and concentration. Care must be taken in handling them. Crude oil itself is not the friendliest of substances.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Ed T
Date: 02 Jul 10 - 11:43 AM

"The latest reports coming in":

IMO, There's lots of those reports, indeed. The challenge is to separate the logical stuff from the less logical and the nonsense. It is difficult because some parts are unknown, the knowledgeable folks are limited in their comments, controlled by the operation, or drowned out by the massive number of "so called, experts who often tend to sensationalize (no need for that, considering the real stuff).


There are no shortage of reports, opinions, PR speculation, blogs, folks wanting to be seen as right (or, seeking public attention) or just plain nonsense on this issue. This is likely because it is a major, high profile issue (especially in the USA, a media center), there is plenty of public and media interest and concern, and there has been attempts to control information out and to skew public attitudes. This recipe makes it ripe for conspiracy theories and gives credibility those with information or opinions who to profess to be experts.

Just my opinion, of course.

Subject: RE: BS: US bigots attack British Company (oil spill)
From: GUEST,Guest from Sanity
Date: 02 Jul 10 - 11:11 AM

Latest that I've gotten: They are boring, not just into the 'pocket' but into the actual shaft to relieve pressure, by diverting the main flow, to other new shafts. To me, all I can say is, all the more power to them! Hope it is successful!
   Next, they have noted that the ocean floor has risen a bit there, and I don't have the measurements, of how much. With that is the concerns about the pocket this will leave,(as posted before), and/or concern if a collapse, when it is over, would cause a tsunami. Don't laugh, they were discussing it on the radio....so try...try real hard, to just grit your teeth, and not shoot the messenger!
   
   Next, they have hit MASSIVE pockets of methane, where the crew on the rigs, all had to stop drilling, and put on protective gear. They are having to be extra pre-cautious, because methane is HIGHLY flammable, and they're saying it was the cause, of the first drilling rig's blast,..(at least, that's what their saying).
   Also, the report, on the radio, confirms another earlier report, which I posted, (and was poo-pooed about), that the pressures were 'upwards of 100,000 psi'(exact quote). My earlier posted report was 20 to 70 thousand, if you recall.

    Finally, the reports of widespread ill effects of the toxic gasses are coming in, nausea, headaches, dizziness, etc, etc.

So, there you have it. The latest reports coming in. As per aforementioned,as time went on, and 'new revised numbers' would be coming in, that they would confirm what I posted originally. My apprehension is, I wonder if my original numbers have gotten worse....as time has gone by!

Peace and Best Wishes,
GfS

Subject: RE: BS: US bigots attack British Company (oil spill)
From: Q (Frank Staplin)
Date: 01 Jul 10 - 01:25 PM

Punitive Damages are tax-deductable.

A bill is up in Congress to change this.
See New York Times today online, July 1, 2010. "Damages Control, *Polsky and Markel.
"When corporations like Exxon, State Farm and Phillip Morris lose tort cases, juries occasionally award, in addition to compensation for the plaintiff's injuries, extensive punitive damages.
"But jurors are often unaware that companies are able to deduct those punitive damages in calculating their federal income taxes, saving them millions of dollars and undermining the original goal of the damages: to punish reprehensible corporate behavior."
Bp stands to take advantage if such damages are awarded.
"When a settlement is reached....... before a trial.....they aren't required to specify which parts of the settlement are punitive and which are compensatory;....... allows defendants to disguise the amounts that they would have paid as punitive damages as additional compensatory damages."
"And because the measure maintains the deductable status of compensatory damages, nearly all punitive damages will remain, as a practical, matter, deductible."
* Law professors at North Carolina and Florida State, resp.


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