BP (and The ONE) really need to work on their PR skillz.

[Tiger Wench]

And some here believe I'm a conspiracy theorist. LOL.

 

Who do I think is more reliable... hmmm... let's consider:

A group of petroleum engineers with real world experience and vast amounts of education troubleshooting and brainstorming both solutions and possible worst case scenarios.

Or you. 

 

[GH2001]

And some here believe I'm a conspiracy theorist. LOL.

 

Im really not sure what the hell you are talking about. See BF, this is real world stuff were talking about - not some Alex Jones, the world is ending tomorrow, we all have chips under our skin cockamany bullshit. Balance sheets are real things. Do the math. Why an "arbitrary" number? Do you seriously not think that the ONE would love to have a govt stake the energy industry????? Do you know how he could use that leverage to affect energy policy? Think about it. Real stuff here, not tin foil.

[Saniflush]

Im really not sure what the hell you are talking about. See BF, this is real world stuff were talking about - not some Alex Jones, the world is ending tomorrow, we all have chips under our skin cockamany bullshit. Balance sheets are real things. Do the math. Why an "arbitrary" number? Do you seriously not think that the ONE would love to have a govt stake the energy industry????? Do you know how he could use that leverage to affect energy policy? Think about it. Real stuff here, not tin foil.

They already have a stake in it.   
Maybe government should quit taking money on every gallon pumped at the station seeing how they had no actual expense in acquiring said product. 

[GH2001]

They already have a stake in it.   
Maybe government should quit taking money on every gallon pumped at the station seeing how they had no actual expense in acquiring said product. 

Stake - meaning common shares of stock ala GM.

[Tiger Wench]

They already have a stake in it.   
Maybe government should quit taking money on every gallon pumped at the station seeing how they had no actual expense in acquiring said product. 

The govt owns the leases "on behalf of the American People".  It is always more cost effective to sit back and  let someone else take all the risk for msot of the reward.  meanwhile, you get to criticize how they do it, even though you, yourself, have not a fucking clue how to do it, and you still get to collect a share of the per barrel revenue in exchange for the lease, plus a tax on the corporate entity's revenues, a tax on the capital gains of the shareholders, a per barrel tax on the refined product, and a tax on the consumer who buys the refined product.

Nice work if you can get it, eh?

[Saniflush]

The govt owns the leases "on behalf of the American People".  It is always more cost effective to sit back and  let someone else take all the risk for msot of the reward.  meanwhile, you get to criticize how they do it, even though you, yourself, have not a fucking clue how to do it, and you still get to collect a share of the per barrel revenue in exchange for the lease, plus a tax on the corporate entity's revenues, a tax on the capital gains of the shareholders, a per barrel tax on the refined product, and a tax on the consumer who buys the refined product.

Nice work if you can get it, eh?

I love you.

[Tiger Wench]

I love you.

I loev you too, snookems.

Well, this little tidbit from today should send bottomfeeder's little peabrain right to the moon. (And since we never really landed there in 1969, he might be the first!)

By the first part of next week, my company will be providing peripheral services in BP's relief well efforts related to the Horizon "Incident".  Considering what we normally get paid for this same service, the money is astronomical.