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11 Jun 2010 20:50

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Biz, U.S.: Fun oil spill fact: BP is just as much American as it is British

  • 40% the amount of the company owned by British shareholders; another 40 percent is owned by Americans
  • 7.3% the amount BP’s stock went up in the U.K. after the British government gave them a show of support today
  • 3.5% the amount the stock went up in the U.S. after the announcement; it’s been sucking in recent weeks source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2010 20:42

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Biz: Own a home in the Gulf? To put it simply, you’re screwed. *sigh*

  • 10%
    decline     the amount the oil spill could depress home prices in the Gulf region
  • $4.3
    billion     the actual financial figure you could put on that total (holy crap) source
Posted by Ernie Smith • 0 Comments • Permalink

10 Jun 2010 10:18

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Biz: Between searches and Twitter, BP’s PR defense mechanism is in full force

BP’s spending a bunch of money to have the top Google result on “Oil Spill.” Also @BPGlobalPR changed its description to note it’s a parody. source
Posted by Ernie Smith • 0 Comments • Permalink

10 Jun 2010 10:10

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Biz, U.S.: Sucks to be BP, reason No. 39,197: Their stock plummets

  • 15% the amount BP shares fell in the U.S. yesterday
  • 11% the amount BP shares fell in the U.K. today
  • 1997 the last time BP’s stock was this low source
  • » Why the freefall? Well, besides the general “Did you see the oil spill?” response to that question, BP was told to pay workers it laid off as a result of the government’s moratorium on offshore drilling. Which means they’re on the hook for millions of dollars they weren’t before.
Posted by Ernie Smith • 0 Comments • Permalink

09 Jun 2010 10:59

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Politics: Uh, what? BP says the government is lying about oil spill plumes

  • yesterday The government confirmed for the first time that they found massive oil plumes as far as 142 miles away from the base of the spill. People like us freak out.
  • “today” On “The Today Show,” a top BP exec said this: “We haven’t found any large concentrations of oil under the sea. To my knowledge, no one has.” Wait, what? source
Posted by Ernie Smith • 0 Comments • Permalink

08 Jun 2010 10:17

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Politics: Barack Obama a new kind of president, one who says “ass” on TV

  • Look, all these interviews take attention off the real story: There’s a big oil spill still gushing in the middle of the ocean and it needs to get fixed ASAP. It’s a huge problem for which we still don’t have a solution. Still, though, you have to imagine Jimmy Carter didn’t get this sharp-tongued when he was dealing with his own never-ending scandal, the Iran hostage crisis, which the spill keeps getting compared to. source
Posted by Ernie Smith • 0 Comments • Permalink

06 Jun 2010 11:18

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Biz: No way, Jose: BP’s Tony Hayward has no desire to quit over spill

Sure, Tony Hayward knows a thing or three about gaffes, but the BP executive says he’s staying put no matter how much he wants his life back. source
Posted by Ernie Smith • 0 Comments • Permalink
 

05 Jun 2010 19:05

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Politics: WTF Time Magazine? Shell advertising on oil spill articles

  • Not to criticize Time two weeks in a row, but COME ON. Why are you letting Shell advertise on pages adjacent to stories about the oil spill? The ads are huge, and there’s more than one style of them (keep reloading). Totally not ethical in light of the spill. Look, this whole situation is awful all around – don’t get us wrong – but this kind of schadenfreude advertising isn’t helping anyone. Least of all Shell, who just a few weeks ago was on the hot seat for after an Amnesty International anti-Shell ad was pulled from an issue of the Financial Times. Bad form, Shell. source
Posted by Ernie Smith • 0 Comments • Permalink

05 Jun 2010 12:50

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U.S.: BP’s new cap grabbing some, but not all of, the leaking oil

  • 6,000 number of barrels of oil the new cap is allowing BP to transfer per day
  • 19k-25k number of barrels that are currently spewing out of the pipe daily source
  • » A starting point: This total does not reflect a high point for how much oil they can siphon. To prevent the pressure from causing an explosion, they’re allowing some of the oil to go through vents which they plan to later close. So expect that 6,000 barrel total to go up.
Posted by Ernie Smith • 0 Comments • Permalink

04 Jun 2010 01:18

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U.S.: Did BP get a cap on that pipe that caused the oil spill?

  • yes The robots successfully got the pipe capped off, after many trying days and one stuck diamond saw.
  • but Unfortunately, it may not be enough to stop the spill, even temporarily. It’s too soon to tell. souce
Posted by Ernie Smith • 0 Comments • Permalink
 
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