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Started By
Message
re: Oil flow is understated
Posted on 5/21/10 at 4:47 pm to tigerfoot
Posted on 5/21/10 at 4:47 pm to tigerfoot
quote:
there have been large companies caught screwing the public at record numbers. What the hell are you talking about?
I guess he didn't recall Texaco screwing the State of LA and most of its royalty owners out of their rightful royalties back in the day.
1
Posted on 5/21/10 at 4:49 pm to cwill
quote:
The government will pursue royalty payments if BP is found at fault in the spill, MMS spokeswoman Carol Fagot said today.
quote:
“The Department of the Interior and the Minerals Management Service are currently conducting an investigation into the incident to determine the cause,” Fagot said in an e- mail. “If that investigation determines that the accident was avoidable, or the result of negligence, royalties will be due on the estimated volume of oil and gas lost.”
Posted on 5/21/10 at 5:08 pm to Sid in Lakeshore
looks like they'll be adding continuous royalties to their debt list
Posted on 5/21/10 at 6:02 pm to mmill32
Compared to their environmental liability... the royalty is roundoff error.
Posted on 5/21/10 at 7:55 pm to Taxing Authority
Posted on 5/21/10 at 8:31 pm to Oyster
quote:
Legal experts told the McClatchy team that a sounder, agreed-upon estimate of the spill's reach would jumpstart costly court cases against the company, attracting droves of new plaintiffs. In other words, the bigger the oil spill, the bigger the damage awards the culpable company will have to cough up.
So are we getting unreliable reports because of Bp, or slimeball plaintiff lawyers? You decide.
Posted on 5/21/10 at 9:00 pm to back9Tiger
quote:
LA does not get its fair share FWIW.
I have heard, but cannot confirm, that the State of Texas gets a sweeeeeeeeeet royalties deal that La. does NOT get. Can anyone confirm this????
BTW...the deal that Tx. gets (I've heard) is a deeper invasion into the gulf that is considered within the 'state's property.'
This post was edited on 5/21/10 at 9:01 pm
Posted on 5/21/10 at 11:05 pm to TigerFred
quote:
The posters that have migrated over to this board in the last few days are dropping the over all IQ of the board down to rant level.
Very true.
Overall, this board has been a great success though.
Posted on 5/22/10 at 6:25 am to LSU80 USF08
Has anyone heard the word BOYCOTT BP!!!! They are not worried about the effects of the spill nor the clean up. Don't buy a bloody gallon of petro. Remember, two by sea! The Revolutionary War part 2 began April 20th and we lost without firing a shot.
Posted on 5/22/10 at 9:54 am to Taxing Authority
quote:
Compared to their environmental liability... the royalty is roundoff error.
Posted on 5/22/10 at 1:47 pm to MichiganTiger
quote:
BTW...the deal that Tx. gets (I've heard) is a deeper invasion into the gulf that is considered within the 'state's property.'
This is correct - LA extends 3 miles and I believe TX is around 10 miles.
Posted on 5/22/10 at 4:08 pm to nakedtiger10
quote:
Has anyone heard the word BOYCOTT BP!!!! They are not worried about the effects of the spill nor the clean up. Don't buy a bloody gallon of petro. Remember, two by sea! The Revolutionary War part 2 began April 20th and we lost without firing a shot.
I'm glad to know that you made an email account.
Just do us all a favor and make that your first and last post.
Posted on 5/22/10 at 4:11 pm to nakedtiger10
quote:
Has anyone heard the word BOYCOTT BP!!!!
sounds like you own some exxon stock...I'm with you, man....
Posted on 5/22/10 at 5:15 pm to TheHiddenFlask
Hey Flask, I may not have 8037 post like you. I've been reading the rant for a very long time. And, I may have only 1 reply so what. Maybe, I just like to read and not make a complete arse like you. This is my state that I love very much and I am pissed not only from Katrina, but this crapt that my son will have to deal with when I gone. So, why don't you take your Clemson Fan self go climb under the rock you crawled out from under. Ok
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