2010/05/29

Daniel Perdomo gives us the REAL story about BP'sOil spill

Here's the REAL story: Expert estimates peg the damage at 60,000 barrels, or over 2.5 million gallons daily. Measures to stop the gusher are futile, since the oil is coming from the ground, and not a tanker, as in the Exxon Valdez disaster of 1989. Though the economy of the Gulf region is "in the tank", the oil rig owner has so far made $270 million from the oil leak. After a 1979 disaster in the Gulf, Transocean decided to insure the "Deepwater Horizon"rig for about twice of what it was worth. Hence the $270 million profit from this new disaster. BP's record of oil-elated disasters includes a long and gory record: In 2005, BP's Texas City refinery exploded, killing 15 "expendable" workers and injuring another 170. Then, one of its Alaska pipelines leaked 200,000 gallons of crude oil, and BP paid $550 million in fines. With 'Deepwater Horizon', the company chose not to equip the rig with an acoustic trigger, which would have shut down the well even if it were badly damaged. In most civilized countries, this is a requirement, to protect their eco-system. Since the politicians of our country care so little about out eco-system, this protection was not installed on that rig.
(Please read the rest of this important story by clicking on my headline)

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