OT – Why can’t they stop the oil leak?

[carlsbadworker]

[quote=briansd1][quote=UCGal]

Currently there is a cap of $75Million on BP’s liability (likely to be changed by Congress)… I’d say they’re still pretty darn profitable.[/quote]

The $75 million cap does not include cleanup costs.

It’ll be interesting to watch the fishermen, boaters and others getting no compensation if BP claims that the $75 million cap is maxed out.
[/quote]

Some legislators are talking about changing the legal limit to the amount of third-party damages the company can be sued for. This limit, which was set after the Exxon Valdez spill, now stands at $75m; damages above that figure are meant to be met by a federally managed disaster fund which gets its money from a small tax on oil production and imports.

Senator Robert Menendez of New Jersey, who opposes drilling off that state’s shores, talks of increasing the cap to $10 billion, which would open the way for compensation claims as large as the clean-up costs. BP, aware both of the potential downside and of the harm Exxon did to its reputation as it fought off claims against it after the Exxon Valdez, says it will pay all “legitimate” claims, suggesting it is willing to go beyond the current cap, but not lose sight of it.

[Anonymous]

Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.

[Anonymous]

Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.

[Anonymous]

Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.

[Anonymous]

Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.

[Anonymous]

Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.

[afx114]

Government doesn’t want to take over because they know that as soon as they do, they can no longer blame BP. It’s looking like there’s no stopping this thing until the relief wells are completed. If there’s nothing they can do, what’s the point of taking over the impossible task and the blame that will come with it?

[afx114]

Government doesn’t want to take over because they know that as soon as they do, they can no longer blame BP. It’s looking like there’s no stopping this thing until the relief wells are completed. If there’s nothing they can do, what’s the point of taking over the impossible task and the blame that will come with it?

[afx114]

Government doesn’t want to take over because they know that as soon as they do, they can no longer blame BP. It’s looking like there’s no stopping this thing until the relief wells are completed. If there’s nothing they can do, what’s the point of taking over the impossible task and the blame that will come with it?

[afx114]

Government doesn’t want to take over because they know that as soon as they do, they can no longer blame BP. It’s looking like there’s no stopping this thing until the relief wells are completed. If there’s nothing they can do, what’s the point of taking over the impossible task and the blame that will come with it?

[afx114]

Government doesn’t want to take over because they know that as soon as they do, they can no longer blame BP. It’s looking like there’s no stopping this thing until the relief wells are completed. If there’s nothing they can do, what’s the point of taking over the impossible task and the blame that will come with it?

[citydweller]

[quote=PlnrBoy]Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.[/quote]

PlnrBoy, I don’t think those are fair comparisons. Never has a sinking boat or blown up rocket caused as much environmental damage as this. Not to mention the economic damage that will be suffered by thousands along the Gulf Coast.
I’m not sure about the history of what happened after the Hindenburg exploded, but I think sometimes after a disaster the best thing that can be learned is that “maybe this isn’t a good idea”.

[citydweller]

[quote=PlnrBoy]Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.[/quote]

PlnrBoy, I don’t think those are fair comparisons. Never has a sinking boat or blown up rocket caused as much environmental damage as this. Not to mention the economic damage that will be suffered by thousands along the Gulf Coast.
I’m not sure about the history of what happened after the Hindenburg exploded, but I think sometimes after a disaster the best thing that can be learned is that “maybe this isn’t a good idea”.

[citydweller]

[quote=PlnrBoy]Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.[/quote]

PlnrBoy, I don’t think those are fair comparisons. Never has a sinking boat or blown up rocket caused as much environmental damage as this. Not to mention the economic damage that will be suffered by thousands along the Gulf Coast.
I’m not sure about the history of what happened after the Hindenburg exploded, but I think sometimes after a disaster the best thing that can be learned is that “maybe this isn’t a good idea”.

[citydweller]

[quote=PlnrBoy]Under the no more drilling thought. after the first plane crashed or boat sunk or rocket blew up should they have scrapped the subsequent attempts? Not saying this isn’t bad but shouldn’t we all learn from what is happening so it doesn’t happen again or so we know what to do when/if it does? Enough blaming and politics already. BP is at fault and will pay. The gov’t should be doing whatever is needed to assist or cap the hole. It does seem to me that both sides are sitting on their hands for some reason.[/quote]

PlnrBoy, I don’t think those are fair comparisons. Never has a sinking boat or blown up rocket caused as much environmental damage as this. Not to mention the economic damage that will be suffered by thousands along the Gulf Coast.
I’m not sure about the history of what happened after the Hindenburg exploded, but I think sometimes after a disaster the best thing that can be learned is that “maybe this isn’t a good idea”.

[Author]

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