Maybe I Have Been I the dark.......

Talk about anything that floats your boat (no pun intended). This is general talk about anything not related to boating/fishing.
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perchin
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Maybe I Have Been I the dark.......

Post by perchin » 08 Jun 2010, 08:12

But I had no Idea that there was a 75 million dollar cap on what an oil company has to pay for an oil spill :evil: :evil: Sometimes I hate hearing the news on the way in to work..... So we know what's going on right now, and I would safely bet that it's far exceeding 75 million in damages, clean up efferts, hmmmmm just stopping the freakin leak!!!!!

sorry for the rant, and not trying for any politics here, just what is right and wrong.

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DocWatson
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Maybe I Have Been I the dark.......

Post by DocWatson » 08 Jun 2010, 08:45

The money issue has a very simple solution. We need to freeze all BP assets under US control and any others we can get other nations to lock down. $75 million is nothing more than a bad joke and if we allow them to, BP's legal team will figure out a way to get the assets out before we can seize them. This is going to cost tens of BILLIONS to get it done correctly.

It would seem to me that there is a pretty straight forward way to get a large amount of the oil out of the water at a relatively inexpensive cost. They say that there are no super tankers equipped to get the oil out of the water and that's why they are not being used. If BP brought in a convoy of super tankers and used dredge barges as tenders to suck up both oil & some water and fill the tankers with the slop to be separated on shore. Those dredge barges move an enormous volume of water and would make what the skimmers are picking up look like nothing.

Am I the only one who sees this as a viable option ??
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Jim
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Maybe I Have Been I the dark.......

Post by Jim » 08 Jun 2010, 08:53

Sad situation, hopefully everyone learns from it.
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arkansasnative
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Maybe I Have Been I the dark.......

Post by arkansasnative » 08 Jun 2010, 09:47

haha that picture says it all! =D>

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Post by dyeguy1212 » 08 Jun 2010, 09:48

arkansasnative wrote:haha that picture says it all! =D>
x2

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bobberboy
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Post by bobberboy » 08 Jun 2010, 10:40

Jim, maybe you should send that pic off to one of the wire services...

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poolie
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Post by poolie » 08 Jun 2010, 11:17

DocWatson wrote: It would seem to me that there is a pretty straight forward way to get a large amount of the oil out of the water at a relatively inexpensive cost. They say that there are no super tankers equipped to get the oil out of the water and that's why they are not being used. If BP brought in a convoy of super tankers and used dredge barges as tenders to suck up both oil & some water and fill the tankers with the slop to be separated on shore. Those dredge barges move an enormous volume of water and would make what the skimmers are picking up look like nothing.

Am I the only one who sees this as a viable option ??
To me that just seems obvious Doc. Had they not used the disbursement the oil, I assume, would have pretty have stayed together in larger blogs. Like you said, just line up a bunch of tankers and start loading them up. The oil has to be refined anyway so what's a little salt water. They already ship oil in those things so it's not like they would have to figure out how to get the stuff in/out of the tankers.... too obvious I guess.
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wasilvers
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Maybe I Have Been I the dark.......

Post by wasilvers » 08 Jun 2010, 12:12

I'm taking another position here - just because big brother can't have his cake and eat it too.

The Governement charges a spill tax on EACH barrel of oil pumped. This tax was 8 cents a gallon - at just about 5,000,000 barrels a day production in the US alone, that's $146 million dollars a year supposedly taxed and held as spill cleanup funds. Who knows what they do with this money, but they've been collecting it for years. If they charge a spill tax, it doesn't seem right that BP (who has paid this tax religeously) should be required to pay for every dime of the cleanup. Isn't this double taxation?

Big brother just voted to raise this tax by 400% - or over HALF A BILLION dollars a year in cleanup funds.

BP's interest in stopping the leak is only financial- oil lost to the sea is not $ in their pocket. Now they also have a PR nightmare on their hands because of their foolishness.

Just a tax guy with an opinion...
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Post by poolie » 08 Jun 2010, 13:12

wasilvers wrote:The Governement charges a spill tax on EACH barrel of oil pumped.
Really??? That's interesting. I have some ideas about where that tax money went... but that topic comes veeeeery close to being a political discussion which Jim doesn't like and I think we should stay clear of.

Huh... never heard of the spill tax. I guess something that came about after the Valdez mess.
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Post by hossthehermit » 08 Jun 2010, 13:50

Well, the State of Maine charges $10 for a sticker that is required on every motor powered boat on any inland waters, called a milfoil sticker, the money is supposed to go for prevention and eradication of invasive aquatic plants. BUT, if they catch you with plants on your boat you still get fined. PLUS, what really ticks me off is that canoes, kayaks, anything without a motor doesn't have to have the sticker.

Rant off :x
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Jim
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Post by Jim » 08 Jun 2010, 13:54

hossthehermit wrote:Well, the State of Maine charges $10 for a sticker that is required on every motor powered boat on any inland waters, called a milfoil sticker, the money is supposed to go for prevention and eradication of invasive aquatic plants. BUT, if they catch you with plants on your boat you still get fined. PLUS, what really ticks me off is that canoes, kayaks, anything without a motor doesn't have to have the sticker.

Rant off :x
Hey, I paid $20 for that sticker! :-k
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wasilvers
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Post by wasilvers » 08 Jun 2010, 14:00

A whole hour and no flames? Jim runs a tight ship!

Sorry, I just thought I'd add another perspective on the whole thing. I don't know what I think should happen. Should they be penalized for messing up - yes. Should they be shut down because of it, probably not. Without getting political, I think all would agree we don't need Obama Oil to go along with Obama Motors. :shock:

BP said that if there was a catastrophic leak, the well could spew 100,000 barrels a day into to the gulf. The gov't tells us it's only 5,000 barrels a day. Even at 5,000 barrels a day at current prices, they are losing revenue of $375,000 a day in oil alone - or $18 million dollars so far. That doesn't include anything for the extra ships and work to try to plug the leak. YIKES!
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poolie
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Post by poolie » 08 Jun 2010, 14:44

wasilvers wrote:A whole hour and no flames? Jim runs a tight ship!
That's cause we're skeerd of him :wink:
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Maybe I Have Been I the dark.......

Post by DocWatson » 08 Jun 2010, 16:57

wasilvers wrote:A whole hour and no flames? Jim runs a tight ship!
Image :LOL2:
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DocWatson
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Post by DocWatson » 08 Jun 2010, 17:05

wasilvers wrote:I'm taking another position here - just because big brother can't have his cake and eat it too.

The Governement charges a spill tax on EACH barrel of oil pumped. This tax was 8 cents a gallon - at just about 5,000,000 barrels a day production in the US alone, that's $146 million dollars a year supposedly taxed and held as spill cleanup funds. Who knows what they do with this money, but they've been collecting it for years. If they charge a spill tax, it doesn't seem right that BP (who has paid this tax religeously) should be required to pay for every dime of the cleanup. Isn't this double taxation?

Big brother just voted to raise this tax by 400% - or over HALF A BILLION dollars a year in cleanup funds.

BP's interest in stopping the leak is only financial- oil lost to the sea is not $ in their pocket. Now they also have a PR nightmare on their hands because of their foolishness.

Just a tax guy with an opinion...
If what BP is being charged were a tax, I'd probably agree with you,IF this mess falls under the definition in that tax statute of the word "spill".

But they are being fined for negligence and deliberately sidestepping or bending safety regulations for financial gain. They gambled.... we lost, they have to pay and pay and pay and pay until it's clear to all the oil companies that we will not tolerat this any longer and that it is not worth the risk. Even if we have to bankrupt a couple of them in the process to make a point. Big business should not be permitted to influence government. It's a recipe for disaster because their interests and missions are diametrically opposed.

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