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03 Jun 2010 11:28

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Biz, U.S.: BP’s CEO: We didn’t plan for an oil spill below the surface

  • What is undoubtedly true is that we did not have the tools you would want in your tool kit.
  • BP CEO Tony Hayward • Regarding his company’s lack of plan to take care of the massive oil spill that happened on their watch. While there has been some good news today – they managed to cut that pipe, which may allow them to further limit the damage caused by the spill – the fact of the matter is that they didn’t have a plan. Sure, they had tools ready to take care of an Exxon Valdez-like situation, but they had no plan for any sort of trouble below the surface. Hayward calls it “an entirely fair criticism.” We call it downright unbelievable. source
Posted by Ernie Smith • 0 Comments • Permalink

03 Jun 2010 10:31

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U.S.: Did BP finally get their stupid robots to cut that stupid pipe?

  • YES but only after they got
    stuck for a while source
Posted by Ernie Smith • 0 Comments • Permalink

02 Jun 2010 11:22

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Tech: Thad Allen: Because the oil spill needs a freaking hero, right?

Dude’s like THE MAN when it comes to crisis management. But will he have met his match with this gulf oil spill? It’s not looking good. source
Posted by Ernie Smith • 0 Comments • Permalink

02 Jun 2010 10:07

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U.S.: Oil spill: Our last hope, a diamond-blade saw, is now stuck

  • OH THE HUMANITY! BP has screwed up like four dozen times in the last month, so why wouldn’t the saw they were using to cut the pipe in the oil spill get stuck IN THE PIPE? Seriously. We bet you all thought it was going to be a bunch of aliens that were going to end the human race. But no. It’s a saw blade stuck in a #(&(@(&! pipe that did it. (Above is a clip from the most riveting television on the air right now, the oil spill webcam.) source
Posted by Ernie Smith • 0 Comments • Permalink

01 Jun 2010 09:17

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Biz: Oil spill-riddled failure BP’s stocks take a massive hit this morning

  • 16% freefall on the London Stock Exchange this morning; oh boy
  • 14% fall in the U.S. in its first session since the top kill failed source
Posted by Ernie Smith • 0 Comments • Permalink

30 May 2010 12:19

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Biz, U.S.: BP’s stock is in free-fall right now; we wonder why

  • 25% decline in BP’s stock since the oil saga began source
Posted by Ernie Smith • 0 Comments • Permalink

29 May 2010 17:28

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U.S.: BP: Yeah, the top spill is sucking it. Let’s go to oil spill Plan Q.

  • I don’t think the amount of oil coming out has changed. Just by watching it, we don’t believe it’s changed.
  • BP’s Chief Operating Officer, Doug Suttles • Regarding how well the “top spill” process is working. Short answer: It’s not, really, and it sucks to be BP right now. The next step would be removing the pipe and putting a cap on the leak, a process called a lower marine riser package cap. “If we have to go to it, we can do it as quickly as possible,” Shuttles said. BP also has long-term plans to stop the leak in the form of two relief wells, but the first well won’t be finished until July or August, easy. source
Posted by Ernie Smith • 0 Comments • Permalink
 

28 May 2010 18:47

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U.S.: Obama on oil spill: It’s not going to be easy, but I have smart people

  • There are going to be a lot of judgment calls here. There are not going to be silver bullets or perfect answers.
  • Barack Obama • Speaking about the oil spill in Louisiana today. What are his plans? A few things. First off, check this site for the latest info on the response to the spill, which combines everything from all the involved parties. Second, he’s tripling the size of the response crews in Louisiana. Third, he’s keeping pressure on BP to pay for damages caused by the spill. Fourth, he’s going to help small business with loans needed due to the spill along with loan deferments for those they needed during Katrina. Finally, and most importantly, he’s approving a barrier island that will help prevent some of the oil from reaching shore. Will it help? Fingers crossed. source
Posted by Ernie Smith • 0 Comments • Permalink

28 May 2010 18:16

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U.S.: Obama’s in Louisiana, willing to help for the long haul

There’s Obama, on his A-game, trying to help. Despite what some apparent lobbyist flack commenters who are trying to influence our posts think, we think this is a good thing. source
Posted by Ernie Smith • 1 Comment • Permalink

28 May 2010 10:30

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Politics: This is how bad Obama’s response to this spill could ding him

  • Having flown over this disaster, I can tell you it greater than anyone can ever imagine. My constituents are watching a slow-motion tragedy unfold in front of them. Our culture is threatened, our coastal economy is threatened, and everything I know and love is at risk.
  • Rep. Charlie Melancon • In a House Energy subcommittee meeting. After saying this, Melancon excused himself because his emotions got the best of him. Melancon is a Democrat, by the way. Democratic strategist James Carville has also taken Obama to task for a perceived slow federal response to the oil spill. This is why Obama is headed to the Gulf today and is going out of his way to get involved in this mess. Because if he doesn’t, this could be worse for him than Katrina was for Bush.  source
Posted by Ernie Smith • 3 Comments • Permalink
 
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