BP and the oil leak.

[joe-90]

It's getting to look like the oil leak isn't fixable any time soon and the USA are threatening massive fines plus compensation. My guess is that the vultures are circling and that BP will fold - and the Yanks pick up the (very lucrative) pieces. What do you think is going to happen?

 

[oompah]

It needs to be sorted fairly quickly there an awful lot of pension funds invested in BP mine included,not all of it but a large percentage of whats in the ftse 100.

 

[joinerjohn]

It's getting to look like the oil leak isn't fixable any time soon and the USA are threatening massive fines plus compensation. My guess is that the vultures are circling and that BP will fold - and the Yanks pick up the (very lucrative) pieces. What do you think is going to happen?

Yes , but if BP fold, then the Yanks will be picking up a rather large oil leak too.

 

[sooey]

It's getting to look like the oil leak isn't fixable any time soon and the USA are threatening massive fines plus compensation. My guess is that the vultures are circling and that BP will fold - and the Yanks pick up the (very lucrative) pieces. What do you think is going to happen?

That Obama character is starting to use the rhetoric that was used prior to the last gulf war.

 

[Nige F]

It's getting to look like the oil leak isn't fixable any time soon and the USA are threatening massive fines plus compensation. My guess is that the vultures are circling and that BP will fold - and the Yanks pick up the (very lucrative) pieces. What do you think is going to happen?

I think - for the first time ever , I`ll buy a few shares - @ their lowest in a month or so . Then just sit on `em

 

[PrenticeBoyofDerry]

Didn't the yanks build this pipe line and man it, surely they have some responsibility for it.

 

[regsmyth]

There is a lot of extremely distressing information about this out there, if you look for it.

 

[joinerjohn]

Yep, what I find distressing though, is the fact that Americans pay around 45p per litre for the same stuff we pay £1.20p for.
And they have the cheek to moan about high fuel prices.

 

[EddieM]

It's getting to look like the oil leak isn't fixable any time soon and the USA are threatening massive fines plus compensation. My guess is that the vultures are circling and that BP will fold - and the Yanks pick up the (very lucrative) pieces. What do you think is going to happen?

I think - for the first time ever , I`ll buy a few shares - @ their lowest in a month or so . Then just sit on `em

STOP... don't do that I was thinking about the same, however remember the NR fiasco

 

[Infidel]

Taken from another site

BP has not been “British Petroleum” for the last twelve years. It was formed in 1998 by the amalgamation of British Petroleum (a British company which was called “British Petroleum”) and Amoco (an American one). It has six British directors and six American. It employs 22,000 Americans but only 10,000 Britons.

UK institutions and individuals hold 40% of the shares. US institutions and individuals hold 39%. A further 10% are owned in the rest of Europe, 7% in the rest of the world and 4% are described as “miscellaneous institutional holdings”. So Britons do not hold the majority of shares in the company, they do not take the majority of the profits, and they do not exercise the majority of the control. As British companies go, that isn't terribly British, is it?

Also here are BP figures

http://www.bp.com/extendedsectiongenericarticle.do?categoryId=9010453&contentId=7019612

 

[joinerjohn]

Are there any Great British industries left?? Truly 100% British owned?.

 

[namsag]

Yep
Patel and sons engineering

 

[longdogs]

BP can pay the fines with the money they've ripped out of the motorist for God knows how many years. I bet the guy who was given a parking fine by BP for out-staying his welcolme whilst eating a sandwich in one of their forecourts is laughing out loud.

 

[LastMagicBean]

Yep
Patel and sons engineering

MOD 96:
PLEASE NOTE RULE 3........NO FREE ADVERTISING.

 

[joinerjohn]

Last year in Tenerife, I cut my foot on some broken glass. I went to the medical centre where there's a big sign up stating " English speaking Doctors here."
Great idea , I thought, just what we need in this country.