Tax on oil per barrel about to quadruple



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If a fuel truck pulled up every night and topped off America's tanks for free we still could not afford to keep sucking on the petrol tit.
 
Uptime said:
If a fuel truck pulled up every night and topped off America's tanks for free we still could not afford to keep sucking on the petrol tit.
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Of course we should move away from it, but it doesn't mean government (with its lack of knowledge of economics) should stick its fat nose in. Why should we pay for BP's mess?
 
papajohn56 said:
Of course we should move away from it, but it doesn't mean government (with its lack of knowledge of economics) should stick its fat nose in. Why should we pay for BP's mess?
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Pretty sure in no way I was suggesting that government was to be in charge of providing alternate energy.

It is most definitely not BP's mess. It might be their fiscal responsibility but the mess is in our backyard. The Thames won't have this oil on it's banks.
 
I hope it passes, when oil was $150 per barrel there was a lot less riff raff on the roads.
 
BigWill said:
I havn't been following this but wasn't BP going to pay for it all?
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Unless a court finds them negligent no, they will only have to pay 75 million to all the parties that can show actual damages, so all the businesses that are suffering and will continue to suffer billions in damages are simply SOL.

The idea of passing a bill to amend the law and change it to 10 billion has been brought up. But it was quickly blocked by Republicans. Apparently the story goes that without this law it would be to risky to drill off shore for oil rigs. Also of course these guys not only get tons of campaign money from the oil industry but own stock in the companies as well. So it's pretty logical they would give a good :action-smiley-052: to the gulf businesses over big oil.

I have no clue how it actually happened or if they are likely to be found negligent though. My guess is they won't.
 
miketpowell said:
Unless a court finds them negligent no, they will only have to pay 75 million to all the parties that can show actual damages, so all the businesses that are suffering and will continue to suffer billions in damages are simply SOL.

The idea of passing a bill to amend the law and change it to 10 billion has been brought up. But it was quickly blocked by Republicans. Apparently the story goes that without this law it would be to risky to drill off shore for oil rigs. Also of course these guys not only get tons of campaign money from the oil industry but own stock in the companies as well. So it's pretty logical they would give a good :action-smiley-052: to the gulf businesses over big oil.

I have no clue how it actually happened or if they are likely to be found negligent though. My guess is they won't.
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BP has already been paying out claims to local businesses, so I'm not sure where the $75mil figure applies here. They're paying for the cleanup crew, the damages, and to get it stopped.

Take a look:

https://www.bp.com/secure/iframe.do?categoryId=9033722&contentId=7062138

You should also watch this: http://www.cbsnews.com/video/watch/?id=6490348n&tag=related;photovideo

They were negligent.
 
Basically this bill reads as "fucking the consumer over by bailing out an oil company that fucked up". If this bill is necessary, this is going to look terrible for the democratic congress/presidency.
 
Let's remember that BP were *RENTING* the oil rig from Transocean... aren't they the actual company to blame for this fuckup?

If the house you're renting suddenly explodes and starts spewing sewage into the neighbourhood, is the river of shit your fault or the landlord's fault?
 
johnmatrix said:
Let's remember that BP were *RENTING* the oil rig from Transocean... aren't they the actual company to blame for this fuckup?

If the house you're renting suddenly explodes and starts spewing sewage into the neighbourhood, is the river of shit your fault or the landlord's fault?
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Yeah, it's your fault if you damage the pipes in the house and carelessly keep using the toilet. BP was in charge and demanded faster drilling, as well as an improper way to seal the well (using seawater instead of drilling mud to keep the pressure equal in the well). BP also ignored the warning signs when the damaged rubber annular came up the well, and a supervisor said "Keep drilling".

So yeah, if you dug up the front yard and hit the septic tank, yet kept on digging, it's your damn fault if the street is covered in shit, not your landlord's.
 
papajohn56 said:
Yeah, it's your fault if you damage the pipes in the house and carelessly keep using the toilet. BP was in charge and demanded faster drilling, as well as an improper way to seal the well (using seawater instead of drilling mud to keep the pressure equal in the well). BP also ignored the warning signs when the damaged rubber annular came up the well, and a supervisor said "Keep drilling".
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Hey fair enough, I don't really know much about it... happy to be corrected.
 
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