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Author Topic: BP Oil Spill: If it was centered on you...  (Read 4338 times)
sailor_tech
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« Reply #15: June 03, 2010, 06:00:55 pm »

However, BP has had three major problems now in the last few years. I think they probably aren't as focused no not have problems as they should be. I wonder if they will pay 100% of the costs of the cleanup for this. no matter how much it takes?

yeah, they've been slack. I'm wondering of Llyod's or ABS will issue a corporate death sentence in a couple of years if things don't turn around quickly.

BP is legally required to pay 100% of the cleanup costs, although I'm not sure what is considered a legitimate clean up cost. IE, if they catch a contractor padding the payroll I suspect they don't have to pay the padding.

The existing law with regards to economic damages needs to be changed. Liability is capped at the salvage value of the vessel (in this case Deep Horizion isn't worth much). When the CEO makes 10 times that in salary and bonus something is out of whack. You don't want unlimited liability, but when the liability is less than the CEO's salary for a huge spill, something is wrong.
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« Reply #16: June 03, 2010, 09:32:51 pm »

BP is legally required to pay 100% of the cleanup costs, although I'm not sure what is considered a legitimate clean up cost. IE, if they catch a contractor padding the payroll I suspect they don't have to pay the padding.

I suspect I concern cleanup costs in a far broader sense than the law does. For example, if Joe Blow fisherman goes bankrupt because he can't earn his living because of the spill, repairing that damage should be included in clean up costs. All harm caused by the spill should be BP's responsibility, IMHO. And bankruptcy (other than chapter 7) should not be a way out of it for them.
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« Reply #17: June 03, 2010, 09:40:58 pm »


They're employing some of those out of work fisherman to clean up the mess, but it appears to be having some nasty repercussions on the fishermen's health. http://www.cnn.com/2010/HEALTH/06/03/gulf.fishermans.wife/index.html
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« Reply #18: June 03, 2010, 09:48:42 pm »

They're employing some of those out of work fisherman to clean up the mess, but it appears to be having some nasty repercussions on the fishermen's health. http://www.cnn.com/2010/HEALTH/06/03/gulf.fishermans.wife/index.html

On ABC World News tonight, they said that some of the workers were scared to come forward about health concerns should BP fire them. BP announced publicly that they encouraged all the fishermen to let them know about any and all health problems.
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« Reply #19: June 03, 2010, 11:38:05 pm »

I suspect I concern cleanup costs in a far broader sense than the law does. For example, if Joe Blow fisherman goes bankrupt because he can't earn his living because of the spill, repairing that damage should be included in clean up costs. All harm caused by the spill should be BP's responsibility, IMHO. And bankruptcy (other than chapter 7) should not be a way out of it for them.

You probably do.

You should also be thankful that it was BP, or another major oil company that had the spill. They have the money to pay for the clean up. There are plenty of maritime companies that are only worth what the ship is worth.
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« Reply #20: June 03, 2010, 11:41:22 pm »

They're employing some of those out of work fisherman to clean up the mess, but it appears to be having some nasty repercussions on the fishermen's health. http://www.cnn.com/2010/HEALTH/06/03/gulf.fishermans.wife/index.html

Lack of training and lack of appropiate PPE.
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« Reply #21: June 04, 2010, 12:53:40 pm »

They're employing some of those out of work fisherman to clean up the mess, but it appears to be having some nasty repercussions on the fishermen's health. http://www.cnn.com/2010/HEALTH/06/03/gulf.fishermans.wife/index.html

I could swear that I saw on Democracy Now a few days ago accusations that they were making those fishermen sign agreements not to sue, and not to talk to the media, for the sake of those jobs.  There was a guy on, either yesterday or Wednesday, who is a shrimper (he's a large guy with a Creole accent, if anyone decides to check it out).  He said that this is the time of year when all the seafood gathering people have taken out an ass-load of loans to prep their boats and crews to go out for the harvest, so a lotta guys are signing those contracts because they feel they have no choice, that they have to have the money (though he said it makes him no diff whether he goes broke on Wednesday instead of Tuesday).
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