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  • #1
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    BP made a $25 billion profit in 2011.........this fine is simply the cost of doing business passed down to the consumer.
  • #33
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    If the comment that BP makes 25 billion a year in profit is accurate then I think a combined fine and payout of 11.6 billion is too little. They should have been hit with at least two years worth of profits to get them to actually think safety is important. At least to their bottom line.
  • #30
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    I still want to see the records on the blow out preventer. I know is was a Cooper unit. (They make good stuff) But I've also heard it was an older one. I'd like to see the maintenance records.
  • #26
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    I'll believe it when I see it. Q: What do you think the government's "student loan-forgiveness" program is modeled after? A: Their treatment of large corporations for nearly a century.
  • #34
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    @Xenocracy My stats showed we use 375 million gallons of gas each day. use whatever price you pay in your area and do the math.
  • #9
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    It's not really enough - no one seems to be going to jail, for example.

    But what really irritates me is the way BP, after the most destructive spill in history caused in large part by its own negligence, had the brass to deduct clean up costs from its corporate income tax, thus offsetting those costs to the American taxpayer. http://goo.gl/HeGQX
  • #10
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    You ought to talk to some of the people in Louisiana whose livelihoods were destroyed by this oil spill. This was pure and simple greed on the part of BP ignoring safety rules and pushing the contractors to bend/ignore as many of the rules as possible to get the well online. The middle managers that made those calls should be jailed.
  • #13
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    @Neo_NtheMatrix Any of those inspectors that were too cozy with the decision makers on that rig should be tried also - agreed.
  • #29
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    @Xenocracy There are good hard working Americans who have been shrimping in the Gulf for generations that have had their lives destroyed by this disaster. Most of these people are probably republicans. The disaster in the gulf has devastated entire communities in the region and you make a joke about it. To joke about something like this is pathetic. I'd go further but if I did the moderators would remove this post.
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  • #5
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    I say it is a fine, fine.
    Look we all use oil, we love oil in America. Screw ups are going to happen. Mistakes happen even in the most well intentioned things. It was a accident, they cleaned it up, and they are paying the fine.
    Next problem please.
  • #15
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    But thhey did bypass several industry standards for safety. it was not just the oil spill, people lost teir lives in that explosion.
  • #21
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    @woodtick57 yea I understand and loss of life is a sad reality of business practises sometimes. But since no real dollar figure can be put on a life, then I was assuming 4.5 billion would cover fines, and give survivors something
  • #24
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    @Thegrif Actuaries put a dollar figgure on it all the time...

    my point is, it was not an 'accident' I work with hheavy equipment. Acccidents do not just happen. 99.9% of te time they are caused by not following procedures, as was the case here.
  • #54
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    Maybe if we had drilled for our own oil, this would not have happened??? 4.5 billion could have brought in a lot of our own oil and kept the money at home. How many jobs could that have been?
  • #55
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    @woodtick57 see, I get all that. So it wasn't an accident? Because some did not follow procedure? That is still an accident unless you think the meant to spill oil and for people to die. Because I am sure that was not their intent. Now was it neglectful? Absolutely.
    Well if everyone followed procedure, all the time, and made no wrong moves or choices, then there would be no accidents. Okay I agree with that, and what now?
    I wasn't making light of what happened at all. Just saying I figure they paid fine, they cleaned up, and I assume they paid out any law suits.
    Headline says 4.5 billion is what BP will pay, so obviously we have a agreement between the those concerned. Thats good enough for me.
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  • #3
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    hopefull, a lot of it will go to the regulatory agency that covers deep water drilling so we can do it in a better, safer way.
  • #6
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    @woodtick57 - well now that was embarrassing. I had a snarky comment and decided it was out of line so I didn't post it and posted nothing instead. Nothing was better. You'd think they would make these two buttons different colors.........oh. The are. Nevermind.
  • #14
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    @MRMacrum Well, if you were worried about me, i can take snarky. i appreciate and applaud snarky. especially if it is intelligent snark...my favorite flavor...
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