It's a start in the right direction. BP is a very rich company with many assets (refineries). It's not like they did it on purpose. As long as they pay for the damage they have done that's all you expect.
These damage claims will go on and on for years and years and years. If no action is being taken to skim off all that oil, not only will it deposit oily goo in Louisiana, Mississippi, Alabama and Florida, it will continue to float with the currents and potentially hit Mexico, Cuba and Key West as well as both west and east coasts of Florida. Once the oil reaches the gulf stream east of Florida, it will be carried to the Carolina's and beyond! This is far, far worse than anyone can imagine! Remember, the oil well is still gushing!
We need to slap a fifty cents per gallon surcharge on all gasoline sold so that there is plenty of money for all of the claims.
All users of petroleum products will pay the costs of the Gulf Oil Spill . It is naive to think that BP will magically get money to pay the cost from other than the consumer .
I don't see gas prices going up because of the BP spill. The only company affected is BP. They have the expense of the repairs and damage payments and many people are boycotting them.
The other oil companies are loving it. If BP raises their prices and the other companies don't who is going to buy BP gas? I believe the other companies,who after all are their competitors would love to turn the screws on BP.
Just my opinion.
Fuel prices have already gone up since the spill started . When BP raises their prices the other companies are all too eager to follow suit to raise their bottom line . With drilling cut back since the spill crude prices will continue to spiral .
I'll present the below information since the Vindy censors news that does not praise our ruler.
There is compelling evidence that the Federal goverment has gone to great lengths to impede environmental efforts.
Will there be a similar Democratic-Socialist Party escrow fund to pay for the damage directly related to their willful actions (wasteful and ineffectual porkulus spending resulting in few jobs and massive debt, enslaving future generations to pay for today's vote-buying pork)?
BP produces fuel for many other oil companies. One report indicates that 60% of the fuel we buy in Ohio is from BP.
Some oil companies sell all their oil to foreign countries, then buy BP oil and sell it domestically. Other gas stations such as Speedway, Sheetz, Pilot, Getgo, Flying J, etc. all buy their oil and gas per contract from whomever has it to sell and BP has a lot of oil to sell. Remember, they still have the Alaskan Reserve and Pipeline.
I'm thinking of changing your name to Quaalueless, but we'll stick with Quaalude for now.
I was noting the obvious. The oil spill "response" has been wildly inept, unless the goal is to exagerate the crisis as argument for Cap-and Trade, escrow slush funds, vilification of private industry/capitalism, etc.
It took Obama 9 days before he even mentioned the oil spill. Thirteen nations have offered help, all thirteen offers have been rejected, some in writing. Three days after the Deepwater Horizon explosion, the Dutch government called Obama and offered to loan BP ships outfitted with oil-skimming booms, and a plan to quickly build sand barriers to protect the marshlands that everyone knew would be affected worst if the seepage was left uncontained and the oil reached the Louisiana coastline. When Louisiana Gov. Bobby Jindal tried to get the White House to allow willing nations, experienced with oil spill cleanup in the North Sea, to come into the Gulf of Mexico to help, Obama cited the Jones Act as his reason for being forced to decline their offer of help. President Bush 43 waived the Jones Act twice. Why won't Obama?
I welcome a factual response somehow suggesting a competent Federal response to the oil spill.
Hey rudy..... Why do you consistently reference something and constantly lie about what your reference actually says?
I can't tell if your stupid, can't read, drunk or what.
Obama got a total of $77,500 from BP employee contributions for his Senate and Presidential campaigns. That's it.
Unlike you, I'll actually attach a link to the report you refer too and maybe if you read it real slow a few dozen times you'll understand what it says. Or maybe not.
If we can get 20 bln from BP we should be happy, If they go bankrupt we the tax payers will be footing the bill. This was the President acting presidential and preventing the worlds largest oil company from going under. Which would have taken the British and US economies and retirement funds down the tubes.Oh yeah lets not forget BP supplies our military with 80 % of our fuel
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