Comments on: BP Gulf of Mexico crisis will transform the oil industry http://blogs.reuters.com/great-debate-uk/2010/06/11/bp-gulf-of-mexico-crisis-will-transform-the-oil-industry/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: thebeagle1 http://blogs.reuters.com/great-debate-uk/2010/06/11/bp-gulf-of-mexico-crisis-will-transform-the-oil-industry/comment-page-1/#comment-11636 Mon, 14 Jun 2010 13:51:46 +0000 http://blogs.reuters.com/great-debate-uk/?p=7656#comment-11636 As a temporary measure to minimize damage while relief wells are being drilled, I wonder whether the oil could be funneled directly from the uncapped vents to a tanker or other holding container (positioned at the site), where from it could be transported and utilized.

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By: Bendallse http://blogs.reuters.com/great-debate-uk/2010/06/11/bp-gulf-of-mexico-crisis-will-transform-the-oil-industry/comment-page-1/#comment-11633 Sat, 12 Jun 2010 12:47:59 +0000 http://blogs.reuters.com/great-debate-uk/?p=7656#comment-11633 How much of what is being said now was said after the Ixtoc-1 spill in 1979? How many proposals were put forward at that time? And how many of them were adopted? My feeling is that all this has been said before but the big-oil lobby got to work after things had calmed down in 1979 and stopped anything important happening. The same will happen now. Governments never seem to learn that business cannot be trusted to regulate itself – the financial industry is another great example.
I would also agree with the previous poster regarding culpability. Yes BP was the responsible company and needs to pay for the consequences of it’s actions, but so too do Transocean, Halliburton and Cameron International. The furore in the US press now feels like foreigner bashing without looking closer to home. How much of what Exxon was ordered to pay in compensation after Alaska has it actually paid? And how quickly was it paid? I’m sure it wasn’t ordered to pay for lost wages for the last 20 years.

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By: curious7 http://blogs.reuters.com/great-debate-uk/2010/06/11/bp-gulf-of-mexico-crisis-will-transform-the-oil-industry/comment-page-1/#comment-11630 Fri, 11 Jun 2010 11:43:09 +0000 http://blogs.reuters.com/great-debate-uk/?p=7656#comment-11630 An excellent summary by Professor Willemse. As a Brit, I am dismayed by Presisdent Obama’s recent anti-BP rhetoric. As terrible as this oil spill is, the very fact that BP is shouldering all the responsibility, and is directing such vast recources at containing the leak and limiting the damage, should be recognised. Their effort has been herculean. As should be their speedy abd unstinting payment of all compensation claims – the sums of money are vast. At some point the net of culpability will have to be cast wider to include the legislators, Transocean, Halliburton and Cameron International, but in the meantime BP’s efforts should be rocognised.

There has always been a strong strand of anti-British sentiment in the US, that seems to me almost 18th century in sentiment. As a Brit, it is disturbing to see President Obama tapping into this for purely populist reasons. Tony Hayword has been lambasted for principly being rather self-deprecating and candid – qualities perhaps not fully understood in the US. I think he should be congratulated. Put it this way, American politicians are proving considerably more oily. I get the impression that there are some within the US political class, not least President Obama, who wuold like to break BP. It should not be forgotten that 39% of BP is owned by American shareholders.

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