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Old 06-07-2010, 01:02 PM   #319 (permalink)
roachboy
 
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Location: essex ma
wow ace. what a display of conservative submissiveness. ceo worship. i'm not surprised. and i don't see a whole lot of substance to your post, really. it's obvious that bp's interests are only 40% invested in the gulf. it's obvious that they can pay a quite considerable sum for the clean-up and survive.

it's also obvious that they've been entirely irresponsible in developing safety and/or environmental procedures to accompany deep-water drilling. it's also obvious that they knew there were potential problems in these areas for quite some time before the deepwater horizon. it's obvious that they had a business model that was predicated on avoiding making the requisite investments in the plans and technologies that would have been good to have in place before the deepwater horizon disaster.

it's also obvious that neo-liberal style regulation played a very significant role in enabling that business model...it was structured around the regulatory system, in a symbiotic relation with it, presupposed it.

it's also obvious that bp was far more prepared to deal with spills of information than spills of oil and it is obvious that haywood has been a central mouthpiece for the corporate damage control apparatus just as it's obvious that you like the damage control because it speaks to some bizarre-o attachment to manly man corporate types who appear to be Doing Things.

but in reality, ace, bp's ability to continue doing business in the gulf is under review by the epa and much hinges on a story that's not finished unfolding yet and despite your fact and analysis free assurance that nothing will happen, it is not at all given that nothing will happen. nor is bp buying futures a real indication of a reality beyond the internal perceptions of bp as to the future.

that said, even as there's reason to think that the cap had reduced the actual flow of oil by about 25% given the increase in flow into the gulf caused by cutting the riser, i still hope they figure out a way to do better in containing the oil. unlike you, who seems to rely on pollyanna stories from bloomberg, folk with more approximate information about reality aren't terribly optimistic. but you don't particularly seem to care about the leak or the damage or what is or is not being done to clean the oil---you're interested in whether bp can make money off the spill. which is perverse. but whatever floats your boat. it's surely easier that looking at the ugly realities in the gulf. but ecological concerns are for sissies, and your on your knees in front of an image of tony haywood, the greatest ceo of all times.
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