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Monday, May 31, 2010

BP'S OIL LEAK


BP'S latest attempt to stop the oil leak has failed and now there is a possibility that it may be August before another well is built to relieve the failing leak. The damage to the local economy is devastating, the wildlife is facing complete catastrophe! This company has had other problems at the same well and in their interest to increase profits ,has ignored various  safety measures. Therefore I think it is only right for BP to pay all expenses accrued in cleanup and  to take a front row position in all and any expenses spent in wildlife disposal and medical care from all contributing wildlife organisations. What other avenue  do people have in order to prevent this disaster  from repeating itself by some other profit hungry business. If this will result in a major net loss for BP or even in having them file for bankruptcy so be it . Is our enviourment not as important to their profit and loss statements?  The only way these greedy executives will learn is by removing all profit gained in recent transactions and then downsizing them to the point of a corner gas store . The alternative is to give them a mediocre size fine ( which they would probably raise gas prices in order to compensate any fine ) a few legal slaps on the wrists and then watch them have this situation repeated in some other  unfortunate part of the world.  

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