View Poll Results: What and how much should BP pay for as a result of the oil spill?

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  • A 100% of the cost of the clean up.

    42 80.77%
  • Some of the cost of the clean up(please specify)

    5 9.62%
  • A 100% of what the fishermen lost as a result of the spill

    19 36.54%
  • Only some of what the fishermen lost as a result of the spill(please specify)

    9 17.31%
  • A 100% loss of what any business/company lost as a direct result of that spill.

    19 36.54%
  • Some of the what those other businesses lost as a direct result of the spill(please specify)

    8 15.38%
  • none of the above

    4 7.69%
  • other

    6 11.54%
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Thread: How much and what should BP pay for as a result of the oil spill?

  1. #1
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    How much and what should BP pay for as a result of the oil spill?

    How much and what should BP pay for as a result of the oil spill

    A 100% of the cost of the clean up.
    Some of the cost of the clean up(please specify)
    A 100% of what the fishermen lost as a result of the spill
    Only some of what the fishermen lost as a result of the spill(please specify)
    A 100% loss of what any business/company lost as a result of that spill.
    Some of the what those other businesses lost(please specify)
    none of the above
    other



    I believe that company should pay a 100% for the clean up, what it cost the fishermen and any other businesses that lost revenue as a result of that spill. I also picked other, the loss of tax revenue that some of those states and towns may have lost as a direct result of the spill. Of course I am not saying BP should pay what ever the companies and fishermen and cities say they lost.What they lost should be proven by looking at what they made on the average for the past couple of years(or similar company/business if it is a new company or fishing business.)

    That said it is going to be we the consumer who pays since that oil company will pass those costs onto us through the products we pay for.
    Last edited by jamesrage; 05-14-10 at 08:12 PM.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

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    Re: How much and what should BP pay for as a result of the oil spill?

    100% of the cleanup costs.

    A proportion of the lost revenue for other businesses in proportion to their fault. Meaning that if they are found to have done everything right and it was a total fluke than none but if they were found to be completely negligent, than all. But really it will be somewhere in between. What that amount ends up being is beyond my expertise though.
    Last edited by tacomancer; 05-14-10 at 08:08 PM.

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    Re: How much and what should BP pay for as a result of the oil spill?

    Look at how much companies now have to pay for the pollution that they create. Compare impacts. Try to state how many times greater this pollution is. Come up with a price from there.

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    Re: How much and what should BP pay for as a result of the oil spill?

    Quote Originally Posted by megaprogman View Post
    100% of the cleanup costs.

    A proportion of the lost revenue for other businesses in proportion to their fault. Meaning that if they are found to have done everything right and it was a total fluke than none but if they were found to be completely negligent, than all. But really it will be somewhere in between. What that amount ends up being is beyond my expertise though.
    This.

    Although determining what amount of fault to assign will obviously be a long drawn-out process.
    Education.

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    Re: How much and what should BP pay for as a result of the oil spill?

    Transocean, Halliburton and BP all bear partial responsibility to total 100% of the costs. How it's divided between them has yet to be determined.

    OBL 11/24/02

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    Re: How much and what should BP pay for as a result of the oil spill?

    They should pay for all the clean up.

    I talked to my friend on the phone today, her father works for BP and knows some men who work on the platform. I guess they were running tests, and I guess some failed. And they were in the process of trying to fix the problem when, well you know what happened.

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    Re: How much and what should BP pay for as a result of the oil spill?

    Trial lawyers are loving this.

    Think of all the money they will make off of this incident.
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    Re: How much and what should BP pay for as a result of the oil spill?

    Quote Originally Posted by The Mark View Post
    Trial lawyers are loving this.

    Think of all the money they will make off of this incident.
    Do you think Obama will say that those lawyers made too much?
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  9. #9
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    Re: How much and what should BP pay for as a result of the oil spill?

    Ideally they'd pay 100% of the cleanup and 100% of the incidental damages, but that probably isn't realistic. Hopefully they'll at least have to pay for the total cost of the cleanup and SOME of the incidental damages.

    It's not just BP though. Halliburton and Transocean are liable as well.
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    Re: How much and what should BP pay for as a result of the oil spill?

    I think BP should be bared from doing business in the US plus pay the clean up.

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