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Thread: Where's the oil? Model suggests much may be gone

  1. #41
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by j-mac View Post
    Ultimately they will, and that will be the catalyst for Obama to gain control of the oil industry just like he did to the banks.
    You mean to "get it under control", I'm sure.
    Thank You Barack Obama for Restoring Honor To The Presidency.
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by reefedjib View Post
    God dammit, would you quite spamming the thread, you <insert namecalling that would get me gigged by a mod>! Get a ****ing clue, troll.
    I'd say you've gone a little overboard. Here's a clue for YOU, I posted a very long list of oil spills that was so long it had to be split into multiple posts. That is not spamming.

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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by NoJingoLingo View Post
    I'd say you've gone a little overboard. Here's a clue for YOU, I posted a very long list of oil spills that was so long it had to be split into multiple posts. That is not spamming.
    Next time, use a link.

  4. #44
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by NoJingoLingo View Post
    I'd say you've gone a little overboard. Here's a clue for YOU, I posted a very long list of oil spills that was so long it had to be split into multiple posts....
    OMG, how is there any sea life left?

    It will get cleaned up, newer better protocols will be adapted, nature will once again show its amazing ability to recover from disaster and all the hand wringing will be for naught, once again.
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

  5. #45
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by Hoplite View Post
    http://energycommerce.house.gov/Pres...05.12.2010.pdf

    "Second, we learned that the blowout preventer had been modified in unexpected ways. One of these modifications was potentially significant. The blowout preventer has an underwater control panel. BP spent a day trying to use this control panel to activate a variable bore ram on the blowout preventer that is designed to seal tight around any pipe in the well. When they investigated why their attempts failed to activate the bore ram, they learned that the device had been modified. A useless test ram not the variable bore ram had been connected to the socket that was supposed to activate the variable bore ram. An entire days worth of precious time had been spent engaging rams that closed the wrong way.

    BP told us the modifications on the BOP were extensive. After the accident, they asked Transocean for drawings of the blowout preventer. Because of the modifications, the drawings they received didnt match the structure on the ocean floor. BP said they wasted many hours figuring this out.
    "


    It was their equipment that caused the accident.

    It was BP's responsibility to ensure what they bought and used worked properly. Either they did that and they missed this problem (which isnt true because we know they modified the device) or they didnt check it and are liable.

    Too bad.

    Other companies can avoid insurance hikes by ensuring their equipment is functioning properly



    Other companies will have raised rates because of this, its how insurance companies spread the risk, and pay for this incident.

  6. #46
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by reefedjib View Post
    I understand what you all are saying. My reasoning is that due to the size and scope of the disaster, and to protect the industry from exorbitant insurance costs to protect them from having to pay in such a disaster, the federal government needs to foot the bill for the majority of this disaster.

    I would be okay with charging BP and friends a percentage of revenues to go into a government disaster fund.
    Why should we protect the industry from the costs? They screwed up. Why are you so hot to protect a business that screwed up?

    Why do Conservatives give the "free market" thing the boot the second something goes sideways?

    When it's individuals who are in trouble "**** you, lazy bastards!" But when it's companies...all of a sudden they need to be forgiven and protected.
    Last edited by Hoplite; 05-17-10 at 02:04 AM.
    I'm Done

    See my last post

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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by Hoplite View Post
    Why should we protect the industry from the costs? They screwed up. Why are you so hot to protect a business that screwed up?

    Why do Conservatives give the "free market" thing the boot the second something goes sideways?

    When it's individuals who are in trouble "**** you, lazy bastards!" But when it's companies...all of a sudden they need to be forgiven and protected.
    First, I am not a conservative.

    Second, the government provides assistance to all sorts of market segments, to protect and promote them.

    Third, there is already a cap to what BP would pay

    Fourth, to have them pay the whole amount would see congress rewrite the rules and this would be a cost unexpected by the company.

    Fifth, I think it is the right thing to do. The disaster is much bigger than we should expect a company to pay for.

  8. #48
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by reefedjib View Post
    First, I am not a conservative.
    My bad, you advance a position that I would expect to see of a Conservative.

    Second, the government provides assistance to all sorts of market segments, to protect and promote them.
    Promoting struggling sectors of our economy or providing low-cost loans and assistance to businesses that are struggling is one thing. BP screwed up because they couldnt be bothered to follow the safety guidelines.

    If it bankrupts the company, no that's not good, but that's the price of screwing up. The obvious solution is NOT to do what caused the accident in the first place.

    Third, there is already a cap to what BP would pay
    Which I feel is wrong.

    Fourth, to have them pay the whole amount would see congress rewrite the rules and this would be a cost unexpected by the company.
    I'm shedding very few tears for BP. This is not a company that does it's business with any serious grip on morality.

    BP pays out millions to Colombian farmers - Americas, World - The Independent

    Baku?Tbilisi?Ceyhan pipeline - Wikipedia, the free encyclopedia

    If you want to play fast and loose, fine. But dont complain when it bites you in the ass.

    Fifth, I think it is the right thing to do. The disaster is much bigger than we should expect a company to pay for.
    Why? BP essentially caused this disaster by NOT following safety regulations that could have prevented the disaster. Why is it unreasonable to expect BP to pay for the mess they made?
    I'm Done

    See my last post

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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by WI Crippler View Post
    OMG, how is there any sea life left?

    It will get cleaned up, newer better protocols will be adapted, nature will once again show its amazing ability to recover from disaster and all the hand wringing will be for naught, once again.
    Mother Nature has a threshold. There have been instances when she didn't fully recover from man-made pollution. Hopefully, it's not the case here.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

  10. #50
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    Re: Where's the oil? Model suggests much may be gone

    Quote Originally Posted by ADK_Forever View Post
    You mean to "get it under control", I'm sure.



    Nope, I meant "gain" control. Remember, let no crisis go to waste.


    j-mac
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