Anonymous asked
I'd love to stick it to these BP assholes, but before we try to sink them, they've got to be successful enough TO PAY for all the damage they've caused. Otherwise guess who's stuck with the bill? So my question - you got any goods on whether BP has enough piggy banks for this disaster?
“BP has enough operating cash flow to pay off the costs of the disaster even if they exceed $20 billion, said Fadel Gheit, senior energy analyst for Oppenheimer & Co.” LA Times.
The article goes on to tell you that now is the time to buy BP stock. F*CK THAT! Every source I’ve seen indicates they have the cash to pay for all of this, but we’ll see in the coming months if their stock bounces back. In the end, though, no amount of cash will undo what’s been done which is why I argue for the canceling of federal contracts, dissolution, or absorption of the company by someone else.
Don’t get me wrong. We need that domestic oil production, just not in the hands of the reckless.
