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BP is pleading guilty to obstruction

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  • BP is pleading guilty to obstruction

    I know the oil spill isn't sexy news anymore, but BP is setting a big precedent. They're pleading guilty to obstruction and criminal negligence, and their criminal fine will go into the billions before the dust settles. It all makes me wonder if they're going to roll over on Halliburton. Thoughts?
    ZOMBIE REAGAN FOR PRESIDENT 2016!!! heh

  • #2
    Ouch, it just got 'spensive for them.

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    • #3
      They should tell Obama to go fuck himself. Obama signed off on the safety waivers.
      I wear a Fez. Fez-es are cool

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      • #4
        Originally posted by Forever_frost View Post
        They should tell Obama to go fuck himself. Obama signed off on the safety waivers.
        My roommate is a doctoral student with a degree in Chem Engineering who does risk/saftey analysis for chemical plants. He says BP was one of the worst oil companies when it came to following saftey protocol.
        Full time ninja editor.

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        • #5
          Originally posted by majorownage View Post
          My roommate is a doctoral student with a degree in Chem Engineering who does risk/saftey analysis for chemical plants. He says BP was one of the worst oil companies when it came to following saftey protocol.
          Of course they were! They let a refinery in Texas City blow up a couple of years prior, because they didn't want to PM their equipment.
          ZOMBIE REAGAN FOR PRESIDENT 2016!!! heh

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          • #6
            This shouldn't cause oil/fuel prices to jump in the least.

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            • #7
              Originally posted by Sean88gt View Post
              This shouldn't cause oil/fuel prices to jump in the least.
              It really shouldn't. They're crazy profitable, and will most likely pay cash, and keep rolling.
              ZOMBIE REAGAN FOR PRESIDENT 2016!!! heh

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              • #8
                Originally posted by Yale View Post
                It all makes me wonder if they're going to roll over on Halliburton. Thoughts?

                "Of the 14 criminal charges, BP said that 13 are based on the negligent misinterpretation of a "negative pressure test" conducted on board the Deepwater Horizon."



                $4.5 billion in penalties, including $1.26 billion in criminal fines

                ... will plead guilty to a misdemeanor count under the Clean Water Act and another misdemeanor under the Migratory Bird Treaty Act.

                ... will pay $2.394 billion to the National Fish & Wildlife Foundation over five years and $350 million to the National Academy of Sciences over five years.

                $525 in civil penalties over three years to settle claims by the Securities and Exchange Commission over the company's reporting on the oil flow rate in the two weeks following the accident


                ... will plead guilty to 11 felony counts of "misconduct or neglect of ships officers" relating to the deaths aboard the drilling rig, and to one felony count of obstruction of Congress stemming from information it gave about the rate that oil was leaking from the well.


                Charges against as many as four individuals also are likely to be unsealed, and are expected to include manslaughter and misleading Congress.

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                • #9
                  Originally posted by majorownage View Post
                  My roommate is a doctoral student with a degree in Chem Engineering who does risk/saftey analysis for chemical plants. He says BP was one of the worst oil companies when it came to following saftey protocol.
                  I can vouch for that...

                  <---was on the engineering side of it. You should hear the stories from some of the people I work with that went out to the field for BP.
                  "No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"

                  -- Thomas Jefferson, 1 Thomas Jefferson Papers, 334

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                  • #10
                    Originally posted by FATHERFORD View Post
                    I can vouch for that...

                    <---was on the engineering side of it. You should hear the stories from some of the people I work with that went out to the field for BP.
                    One of my best friend's dad was a high-up safety guy for BP in Texas City. He saw the writing on the wall and left just a year or two before the big explosion there.

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