BP Files A Monster Of A Lawsuit Against Halliburton

BP HQ

BP (British Petroleum) has filed a monster of a lawsuit against Halliburton, Transocean and Cameron International, over the massive oil spill that occurred off the coast of Louisiana last year. The environmental disaster turned out to be the worst spill in U.S. history.

BP seeks $40.9 billion in damages from the Defendants in the case. Yes, you read that right. Billion, not million. BP contends it is for money they paid out in claims and clean up, due to the regrettable spill.

British Petroleum has sustained a significant amount of damage during the disaster. BP’s shareholders and bottom-line, took a pounding over the spill, which British Petroleum stated was caused by the Defendants, as it was their machinery, methods and men that worked on the rig.

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BP In The Clear - Halliburton On The Hot Seat

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BP Launches Gigantic Lawsuit Against Halliburton, Transocean And Cameron

Obama Addresses The Nation

U.S. President Barack Obama

A gaunt looking Barack Obama, gave an unconvincing speech from the Oval Office yesterday, regarding the BP oil spill. He seemed unsure of himself and his demeanor was one of defeat, in the face of America's worst oil spill.

Obama and all the players involved are operating under uncertainty, mostly due to the tremendous difficulties they have experienced in capping an oil spill that continues to flow. A fortune in U.S. wealth is pouring out into the sea, polluting the ocean, propelled by the force of the earth, which no one has been able to fully contain thus far.

All the emphasis is being placed on BP and not enough equal blame on Halliburton and Transocean, who drilled and ran this operation on the ground, into the ground. The latter two are not doing enough in the face of what they have done to cause the environmental crisis. Both companies, in addition to BP, are worth billions and can afford to clean up the spill and pay claims to businesses that have been destroyed.

Several weeks ago, the Judiciary Report was surprised at initial estimates, claiming only a few thousand gallons of oil have been spewing into the ocean per day, as the site had estimated up to a trillion dollars in oil could end up in the ocean before this is all over, if the problem is not properly addressed. Scientists released a new estimate today, stating 2,500,000 gallons of oil are spewing into the sea on a daily basis.

Obama To Meet With BP

U.S. President Barack Obama

U.S. President Barack Obama is slated to meet with BP for the first time this week, in reference to the oil spill that occurred in the waters off the state of Louisiana in America. The President has been slammed in the press for his handling of the crisis, with many demanding he do more.

The Judiciary Report is of the belief, all involved should be held accountable, as that is the nature of liability law. BP is shouldering all the blame for work they outsourced to Halliburton and Transocean, who have been silent during this environmental disaster, is not just.

Both companies are quite wealthy and should pay their fair share in damages as well, as they oversaw the drilling and implementation of the well that has sprung an unprecedented leak, polluting the ocean.

WRAPUP 1-Obama leadership on BP spill faces testing week

Mon Jun 14, 2010 12:31am EDT - WASHINGTON/LONDON, June 14 (Reuters) - Barack Obama's leadership of the Gulf of Mexico oil spill faces key tests this week as the U.S. president gives his first national address on the disaster and meets top BP (BP.L) (BP.N) executives for the first time...

http://www.reuters.com

Obama Slammed In The British Press Over BP

President Barack Obama pointing the finger at BP

U.S. President Barack Obama is being slammed in the British press over his treatment of their company BP (British Petroleum). The unprecedented oil spill that occurred off the coast of the U.S. state of Louisiana, has polluted the Gulf Of Mexico, with spewing oil.

The British press contends, the Obama Administration is being nasty to BP, threatening its executives and trying to block dividends from being paid, when it was primarily the American company, Halliburton, that caused the spill, via the rig they operated on BP's behalf in America.

BP stated they outsourced the work to Halliburton and Transocean, who used their own "procedures" "employees" and "equipment." Thus far, BP has paid $1.5 billion in clean up costs and claims, but feels it is being unfairly targeted over what was Halliburton's fault.

It is the Judiciary Report's position that Halliburton and Transocean should be required to pay for clean up costs and claims as well, as their negligence contributed to the unprecedented environmental disaster.

Side Bar: Even before the time of the oil spill, when the Judiciary Report had not even written a word about them yet, the site would receive visits from Halliburton, as attested by website statistics. What could cause them to visit the site. Hmm, could it be my wit, charm, my refusal to use proper punctuation and correct capitalization. The possibilities are endless.

Obama Blames BP For Everything

U.S. President Barack Obama

With his approval ratings in decline and people labeling the BP oil spill his Hurricane Katrina fiasco, U.S. President Barack Obama is blaming BP for everything.

There is also concerns about anti-British sentiments over the issue. At the end of the day, BP, a British company, contracted an American company, Halliburton, in addition to Transocean, to dig and operate the oil well that ruptured with the rig exploding, resulting in the worst spill in U.S. history.

BP CEO, Tony Hayward

Blaming any nation is counter-productive and not going to solve the problem. It is a regrettable tragedy, but the focus needs to be on getting a tourniquet on the broken well, containing the spill and vacuuming up the oil floating in the sea before it spreads any further.

Obama Does Not Have A Handle On BP Crisis

U.S. President Barack Obama

According to reports today, the BP oil spill could go on for years. Current efforts to cap the problem, is only capturing 10% of the gushing oil. The Obama administration still has not accepted the majority of the international help being offered to address the oil spill.

It is in the world's best interest that the leak be capped, as an adequate tourniquet is necessary to minimize damage to the environment. We all share the same sea at one point or another and tides will shift the damage.

Side Bar: Where's Jed Clampett when you need him!

BP Hits Another Glitch

"And Up From The Ground Came A Bubblin Crude"

saw is stuck

Trouble plagued petroleum company, BP, has hit another glitch in their attempts at stopping a spill that is pumping millions of gallons of oil into the Gulf of Mexico, off the coast of Louisiana.

The oil gushing from a broken well 5,000 feet below the sea is also beginning to pollute the ocean along Alabama and Mississippi, whilst drifting 70 miles away from Pensacola, Florida, closing in on the sunshine state.

Today it was announced by BP that a diamond tip saw being used on the troublesome, broken well, became lodged in it, further delaying work.

Side Bar: the photos of the oil just sitting on the ocean look like poo in the water. It's terrible.

Louisiana Oil Spill To Flow For Months

Louisiana oil spill gushing from the bottom of the ocean

The BP/Halliburton/Transocean oil spill is expected to flow for the next few months, until relief wells are implemented. August 2010 is the month being bantered around regarding containment of the largest oil spill in U.S. history.

There have been many attempts at plugging the leak, but none have been successful thus far, leaving many Americans frustrated and upset. It really is sad to see all that oil polluting the ocean and the debris and golf ball solution only created more troublesome waste in the environment.

BP Unsuccessful In Plugging Oil Spill

BP rig on fire in Louisiana

BP used a "top kill" solution of mud and golf balls, among other things, in an attempt to plug a massive oil spill in Louisiana, emanating from 5,000 feet beneath the sea.

Leak at the bottom of the ocean

However, BP put more golf balls in the water than U.S. President Obama on vacation, in trying to stop the terrible spill, but to no success thus far, as the black gold continues to waste in the Gulf of Mexico.

U.S. President Obama visited Louisiana spill site this week

For years, people have drilled for oil in Louisiana, but this is the first time they attempted to do so this far beneath the sea and it has proven disastrous.

Obama Visits Louisiana Oil Spill Site

U.S. President Barack Obama (center)

After taking a battering yesterday during a White House press conference and in various publications, for not doing enough during the Louisiana oil spill, which has been dubbed his "Hurricane Katrina," U.S. President Barack Obama, flew to the region today to view the damage.

Thus far, the "top kill" solution utilized by BP, Transocean and Halliburton, in an effort to plug the gushing oil well, located an unprecedented 5,000 feet below the sea, via pumping it with mud and tough debris, has not been ruled successful. However, efforts are ongoing.

The damage to wildlife and the ocean, is rather regrettable. One cannot help but be sad viewing the damage to our environment that is spreading in the Gulf of Mexico and the Atlantic.

By all appearances, the oil companies did not wish for this to happen, as it seems to be an accident. It has surpassed the Exxon Valdez oil spill in scale and financial damage.

Obama Battered By The Press At The White House

U.S. President Barack Obama

U.S. President Barack Obama faced an onslaught of heavy criticism today from journalists, during a formal press conference held at the White House, in Washington, D.C.

The press contingent hammered the President on a number of topics, such as his administration's weak response to the oil spill in Louisiana, comparing it to the Hurricane Katrina fiasco.

It has been revealed, more oil is spilling into the ocean, than originally estimated, creating massive pollution that could reach Western Europe. The press slammed Obama for ignoring help from 15 of the 17 nations that offered assistance, not "vacuuming" the area using ships to soak up excess oil, as well as disregarding the ideas of a local Louisiana politician, who seeks the construction of a barrier island to mitigate the damage from the spill.

Democratic Congressman Sestak was also mentioned, as a politician that was allegedly given some form of incentive not to run, during a congressional race for public office. The subject of the U.S./Mexico border was also discussed, as a number of troops have been deployed to the area.

It was by far, President Barack Obama's worst press conference. At times he seemed lost, while in other moments he appeared disheartened and embarrassed. The questions were hard hitting, but a number of issues have been inadequately addressed by his administration and the press seized on the opportunity to get some answers. Needless to say, the gloves came off.

Obama White House Briefing On Oil Spill

U.S. President Barack Obama

During a press conference held today in Washington, D.C., U.S. President Barack Obama's White House briefed the world on the oil spill in Louisiana, which happened under the watch of BP, Halliburton and Transocean.

Adm. Thad Allen (left) and White House press secretary Robert Gibbs (right)

Government advisors acting in the capacity of oversight, spoke of what they intend to do to address the problem. A relief well is being assembled by the oil companies, in a bid to skim some of the thousands of gallons of oil per day, gushing from beneath the ocean, thereby diverting it into containment units, such as ships. It's amazing to think a trillion dollars in oil is floating in the Gulf of Mexico.

Obama Forms Presidential Investigative Unit On Oil Spill

U.S. President Barack Obama

The damaging oil spill that occurred on America's East Coast, after a rig operated by BP, Transocean and Halliburton, with equipment by Cameron ("blow out preventer") eviscerated 11 men, was the subject of hearings in Congress and is under the investigative eye of President Obama's new panel created to look into the debacle.

It is the biggest oil spill in U.S. history. The ocean and beaches have been polluted. Billions of dollars in oil has been lost. Billions more in income related to fishing and wildlife has also been erased from the economy.

The U.S. federal agency, the Minerals Management Service, has come under intense scrutiny for their role in the scandal. The President and Congress contends they did not provide enough oversight of the oil industry.

This led to poor working conditions and criminally negligent, barely there supervision of a dangerous working environment that must adhere to strict standards of operation.

Previously, the Minerals Management Service was embroiled in a terrible scandal that revealed their employees were having sex and drugs with representatives from the oil industry that they were supposed to be overseeing.

Maybe their definition of overseeing is different from everyone else's meaning of the world, as sadly, they were overseeing them with their body parts. This misconduct clearly compromised their judgment, leading to lax working conditions and a terrible oil spill that will take years to clean up.

It's a shame what has happened to the natural beauty of the area, due to this incident.

Obama Slams Oil Spill Companies

U.S. President Barack Obama: y'all better clean this mess up!

During a televised press conference today at the White House, U.S. President Barack Obama, slammed the companies involved in the current East Coast oil spill in America. He excoriated them stating the Congressional hearing into their actions was a, "Ridiculous spectacle" in which, "Executives of BP, Transocean and Halliburton, (were) falling over each other to point the finger of blame at somebody else."

The angry President, who appeared to be missing his bran this morning, also blamed the U.S. federal government for, "The cozy relationship between the oil companies and the federal agency that permits them to drill." As such, Obama stated he will split the Minerals Management Service, to create checks and balances, via having two separate departments issue permits and collect royalties.

BP Denies Responsibility For Oil Spill

BP CEO Tony Hayward

BP, short for British Petroleum, has denied responsibility for the massive oil spill that occurred on the East Coast of America. BP stated, they hired American contractors, companies, people, systems and equipment for the job, which was in essence outsourced to U.S. company, Transocean. However, they stated they will do the honorable thing and pay for the costly clean up.

BP: Oil rig leak 'wasn't our accident'

CEO to NBC: We'll clean it up, but rig was run by Transocean

NEW ORLEANS - Facing an unprecedented Gulf Coast environmental disaster, not to mention lawsuits, oil giant BP told NBC on Monday that while it was taking responsibility for cleaning up the giant undersea leak, the accident that triggered the disaster was not its fault.

"It wasn't our accident, but we are absolutely responsible for the oil, for cleaning it up, and that's what we intend to do," BP Group CEO Tony Hayward told NBC's "TODAY" show.

The rig that exploded on April 20 and then sank was run by another company, Transocean, he reminded viewers. That rig, he said, "was run by their people, their processes."

Hayward added that the failure of the rig's "blow-out preventer" — a device that should have shut off the well when the rig exploded and sank — was "unprecedented in our industry."

"What has failed here is the ultimate safety device on a drilling rig," he said. "There are many barriers of protection that you have to go to before you get to this. It isn't designed to not fail."

http://www.msnbc.msn.com