"It's a temporary stay. Once the other appeal is decided, this will go away. I don't think the Appellate Court will require causation to be applied permanently."
Yes, the website will be fixed soon and we can all sign up for a lousy health care plan that costs us more money. Oops! For a second you sounded just like our fearless lying leader. Sorry to interrupt your dream.
Funny, I read your post and knew without looking that the SA opinion was written by "The Specialist" - then I looked it up just to confirm - yep. Just so you are aware, this hack has demonstrated a consistent bias against BP and is apparently passing off his opinion as well informed, which it is not. He is emotionally invested in seeing BP "lose" in court and in general. In contrast, BP is pursuing a consistent strategy with regard to the trial, objections, motions filed in appellate court and future appeals. If you can't figure it out, you're no better than "The Specialist". Is "The Specialist" Vik in disguise?
IMHO, I think laeexv is meaning that after the scandalous treatment BP has received by the feds, state and local govs, packs of greedy lawyers, hordes of unscrupulous individuals and the judiciary, they would be within their rights and perhaps even justified to abandon their contributions to the U.S. economy by way of jobs, industrial support, energy distribution etc.. We all know that BP has done some great things in America and for Americans, even won many environmental awards prior to the spill. But when they tried honestly and honorably to deal with the spill effects and "volunteered" to fund all aspects of remediation, they were given in return slap after slap to the face. Theirs was not the reaction we would have seen from any U.S. company (e.g. denying responsibility and fighting every claim tooth and nail), yet the despicable behavior of the scavengers looking for "free money" makes BP's attempt to "do the right things" seem overly generous. When someone or some entity makes a mistake, as BP did, there are fair and legal consequences. But if you then go beyond fair and legal, then the person or entity is entitled to put up a defense and seek compensation from or punishment for those who would do them unjust harm. What would you do if the one you helped to feed bit your hand? Having said all that, BP isn't going anywhere. Their assets in the U.S. are too valuable and too critical to the company's future for them to carry out an abandonment scenario. That's a good thing for us (in America) because BP really is a sizable player in our economy and energy industry in addition to being both a large and a good employer. Regards.
You're on the wrong side of this one, thelees213. Debra is stating what most people know - that all sorts of price manipulation goes on in commodities and securities, not to mention bonds, currencies and just about anything else that's bought and sold. Debra has posted many times here in support of BP's interests and activities (as have I and others). Don't make such a horrible accusation (as calling someone Vikki) without doing at least a rudimentary investigation. Regards.
There have been dozens convicted and sentenced to date. Too bad there have been hundreds, if not thousands, guilty of the same who have gotten away with it. Not to mention the despicable frivolous use of funds BP just gave to local governments back in 2010. Some of those stories are truly incredulous, involving local officials buying themselves all sorts of goodies with funds earmarked for relief efforts.
gstocks, please don't bother Vik right now - busy with the cats you know - that and getting a list ready to visit the local food bank.
davenport, I mentioned before that responding to Vik is like talking to a stump. The fellow named stakeholder lives under the stump. Thanks for your posts - I couldn't agree more with them.
I hope you're right, but I'm not fully convinced. I figured the jump was from the headlines drawing attention from investors who realized the divi was better than they had known and represents a solid return without much risk. I wonder also if there was a large buyback purchase ahead of the divi increase announcement (?). Even if not due to these factors, others may have jumped in after recognizing that the increase implies future stability despite potential fines. As you know, even worst case scenario fines/judgments are accounted for between cash on hand plus the announced divestitures. Still, I prefer the reason you have suggested, as a settlement would be most welcome news. Either way, I'm holding. Regards.
Sorry stakeholder, but if there's anyone around here with less credibility than Vik, it's you. Crawl back under the rock, idiot.
NNNNNNNNOOOOOOooooooooo! Add that 450 pounds to the millions and millions of pounds seeping NATURALLY into the GOM each year and you get ... you get ... (sobbing into hands) ... millions and millions PLUS 450 pounds. THANK YOU SO MUCH, Stakeholder! I have finally seen the light! ... .... Wait a minute ... on second look ... yeah, that's just the light shining through your ears. Never mind.
Hi Vik. I hope you noticed the postings of your kindred spirit, Stakeholder. He's a doddering old paranoid fool who was around here a lot before you arrived, and I'm betting the two of you could hit it off nicely. Whether you're both women, both men, one or both monkeys or just a straight Couple makes no difference - we're all the same in God's eyes, right? Anyway, you and Stake share a lot in common: misguided interpretations of events, a propensity to quote biased sources, a pathological disregard of others' opinions, an inability to listen to reason, a bloated and egomaniacal opinion of yourself, obsessive compulsive disorder and way, way, WAY too much time on your hands (to name a few). The two of you should really get together and see what happens. Of course, there's a possibility that if you were actually in the same place at the same time you would coalesce into a black hole of anti-intelligence. I hope you decide to risk it. Have a great day!
davenport - you have posted a couple of well worded responses to Vik's diatribe - thank you for stating it so eloquently. Unfortunately, you are arguing with a stump. This person is not interested in hearing rational thoughts about the fallacies of their neuroses, only in foaming at the mouth and fuming at their keyboard. They are clearly delusional and reminiscent of Stakeholder, one of our troll-like posters of the past. Balanced discussion of issues that may or may not impact BP's share price - the general point of this board - is not on their agenda. But you already know this - I just wanted to compliment your effort beyond a mere "thumbs up". Regards.
Yes, it is unfortunate that so many lawyers, who generally are smart enough to understand concepts like airborne pollutant concentrations and harmful exposure levels (I know, maybe that's a stretch), don't bother to inform irate plaintiffs looking for a payday that they don't have a case. Further, the media could report accurately by saying something like "the average exposure to residents was less than that from filling their gas tank once", but it sells a lot better if they say "carcinogenic benzene cloud hangs over town!".
Listed in order from bad to worse: news media, lawyers, politicians, Vik... trump card = put "Louisiana" in front of any of these.
The leak was stopped by way of a second well, called a relief well, not some "capping stack" whatever that is. The author clearly didn't do much research on this piece, but rather spouted what he figured would be well received by a dumb public. Congratulations, Vik, you're one of them.