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I actually think BP have done a pretty good job of standing up and being counted. They have unambiguously taken responsibility for the spill, said they will pay all legitimate claims (and stood by it so far), and are working ceaselessly to plug the leak. No one has come up with any sensible criticism of what they have failed to do so far in terms of the disaster. Everyone acknowledges that the technical difficulies are enormous.
There is no such thing as a good oil spill, but evaluate their actions fairly. They have not in any sense tried to duck their responsibilities.
I think that ever since Alan Rickman's performance in Die Hard, the American media love the idea of the Brit as a bad guy. Got to give the paying audience what they want.
(One other small point - I think it most common name used for it is the Deepwater Horizon oil spill, in keeping with previous naming convention - like the Exxon Valdiz oil spill).
I disagree passionately.
The very first thing they did was try to pin the blame on Transnational and Halliburton. The consciously and consistently under reported the magnitude of the BP Oil Spill --and have been dramatically opaque about their actions during their attempts to stop the spewing oil. Only massive political and PR pressure has forced them to open up in any way.
They have treated the workers (and volunteers) who have been trying to clean up their mess poorly and you can bet once the well is capped they will try to litigate their way out of this.
How come they didn't try the "Top Kill" immediately after the BP massacre started? Oh yeah they didn't want to plug up their gold mine! :cussing:and are working ceaselessly to plug the leak.
I respectfully disagree with your disagreement.
The Deepwater Horizon was owned by TransOcean and operated by Halliburton, and leased by BP (strictly as non-operator). BP pointing out the direct operational roles of TransOcean and Halliburton is fair comment, whilst accepting their own overall responsibility and liability. Sadly as American companies they are not such good whipping boys as 'foreigners' like BP.
We'll wait to see how BP deal with this once it is back under control, but I suspect they will go overboard to try and make good (and be seen to be making good). Firstly, the costs of this spill, to them, are not huge. The clean up costs are estimated presently at about $6.1bn. Throw in another billion for fines and environmental lawsuits. That is still a very manageable number compared to their 2009 budget for oil clean ups ($20bn).
What is hurting them is the damage to their stock price. They have had about $36bn (and counting) wiped off their market capitalisation, making them acutely vulnerable to takeover. They have every incentive to try and shore up their stock price by making good with as many people as they can.
I am sure those who are determined to see BP as acutely evil won't be dissuaded, but I feel the need to make the points anyhow.
They have every incentive to try and shore up their stock price by making good with as many people as they can.
Well...they haven't "ceaselessly" been trying to plug the leak, at least not from the get-go. If they were trying to plug the then they would have started drilling relief wells from the start and not trying to contain the spill and collect the spillage. Obviously there they should have been trying to tackle both angles simultaneously. If they had initially began drilling relief wells then perhaps this could have been remedied by now. But then again perhaps not. BP's predictions have been pretty hazy.
R