How Could BP Be So Far Off?
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Friday, 11 June 2010 04:28 |
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For more than a month BP was telling the world that the rate of leakage from its well was just 5,000 barrels a day. It now appears that the size of the leak is actually an order of magnitude greater. How could BP be so far off the mark? Did they really not have a clue? (What do people get paid for at this company?) Or, where they deliberately not telling the truth?
And the question that we ask here at BP, why aren't the media asking this obvious question?
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Deepwater pile driving heavy machinery has been deployed to dam and seal this area off to maintain its pristine condition, so glass bottom boats can conduct "Before and After" tours with contrasting views easily in sight.
Given the expected extreme relative scarcity of such views, tour prices and revenues are predicted to rise accordingly and be sufficient to fund the entire clean up, eventually putting the tour itself out of business.
Thank you in advance for understanding and supporting how free markets work to impose the cost of risks on those who bear them.
P.S., Commandant Thad Allen of the Coast Guard is not a liberal fascist.