So the viral joke on the internet is that whether it be oil spills or footballs – England can’t contain either. After England goalie Robert Green’s disastrous mistake against the US on Saturday night at the World Cup – can England get anything right? For BP there have been many weeks that have ebbed and … Read More
BP
IEA Says BP Spill is a “Game Changer”
The last 24 hours of news reporting of BP’s oil spill in the UK has shifted from the devastation being wrought on the Gulf of Mexico into one where politicians and businessmen are lambasting President Obama for his “anti-British” rhetoric. A British backlash has begun. True this morning the BBC leads with the news that … Read More
BP: Bye-Bye Dividend Payout
What is being played out now is really quite astonishing. Just a few days ago, BP’s dividend was a seen by City investors as a line in the sand that could not – and would not be – crossed. For BP not to pay would be unthinkable. But the unthinkable is becoming thinkable and increasingly … Read More
BP: Brand Pollution
The general consensus – in the mainstream media and blogosphere – is that Tony Hayward is now toast. He will probably survives long enough to give evidence to Congress next week, but more and more people are betting he will be gone by Xmas. Obama banged another nail in Hayward’s coffin yesterday when he said … Read More
BP Manipulates the Web
The online public relations battle is hotting up. BP may be losing the twitter war but is doing its damndest to make sure it won’t lose the Google war. According to ABC News, BP has purchased several phrases on search engines such as Google and Yahoo so that online users get directed to the company’s … Read More
Unanswered Questions
It’s now been over three weeks since BP’s oil rig Deepwater Horizon exploded, burned and sank in the Gulf of Mexico. These have been hectic weeks for all concerned, no doubt, but the paucity of information available to the public is at best, discouraging. How much oil is flowing / has flowed into the Gulf … Read More
You Can Hide, But You Can’t Run
Now that BP’s jury-rigged contraption to contain its massive Gulf of Mexico oil spew has failed, the company’s only resort is to continue pumping massive amounts of dispersant into the water near the wellhead, in an attempt to – what exactly? The dispersant goes by the trade name “Corexit.” It’s supposed to be a pun … Read More
The Gulf of Oil
Venice, LA – I’m down at the oil spill on the Gulf of Mexico or what for now is the Gulf of Mexico. Rick Steiner, a marine conservationist and oil spill expert flew over the gulf Wednesday morning and said, “It’s not the Gulf of Mexico any more. It’s the gulf of oil.” Rick’s been … Read More