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BP admits liabilty & promises to pay

BP PLC said Monday that it will pay for all the cleanup costs from a massive oil spill in the Gulf of Mexico that could continue spewing crude for at least another week.

The company posted a fact sheet on its Web site saying it took responsibility for the response to the Deepwater Horizon spill and would pay compensation for legitimate claims for property damage, personal injury and commercial losses.

"We are responsible, not for the accident, but we are responsible for the oil and for dealing with it and cleaning the situation up," Hayward said. He said the equipment that failed on the rig and led to the spill belonged to owner Transocean Ltd., not BP, which operated the rig.

At BP's Houston offices, dozens of engineers and technicians were cloistered on the third floor, working 12-hour shifts round-the-clock to come up with a solution.

Answer Question
 
Anonymous

Asked by Anonymous at 10:10 AM on May. 3, 2010 in Politics & Current Events

Answers (6)
  • At BP's Houston offices, dozens of engineers and technicians were cloistered on the third floor, working 12-hour shifts round-the-clock to come up with a solution.

    "It's probably easier to fly in space than do some of this," Charlie Holt, BP's drilling and completion operations manager in the Gulf of Mexico, said Sunday.

    Everything engineers have tried so far has failed.

    The oil probably could keep gushing for months until a second well can be dug to relieve pressure from the first.

    ***Yet the planned for the worst case scenario??...uh good job guys***

    beachmamaof2

    Answer by beachmamaof2 at 10:12 AM on May. 3, 2010

  • The containment boxes being built were not part of BP's original response plan. The approach has been used previously only for spills in relatively shallow water. Coast Guard Adm. Thad Allen said engineers are still examining whether the valves and other systems that feed oil to a ship on the surface can withstand the extra pressures of the deep.

    If the boxes don't work, BP also has begun work on its only other backup plan: two relief wells that will take as long as three months to drill.

    ***3 months??? I can't even begin to imagine the long term damage three months of oil pumping unchecked into the Gulf will create!!!
    beachmamaof2

    Answer by beachmamaof2 at 10:13 AM on May. 3, 2010

  • Good for them. They are doing whats right and they should. More than our government did just sitting on it until they decided it would be a really bad thing and they had better make a comment and look like they really care.
    They will be inundated with lawsuits anyway.
    itsmesteph11

    Answer by itsmesteph11 at 11:43 AM on May. 3, 2010

  • I heard that BP was hiring local fishermen to help clean up.
    TBandNCmommy

    Answer by TBandNCmommy at 11:55 AM on May. 3, 2010

  • I am glad they have announced they intend to do the right thing!
    grlygrlz2

    Answer by grlygrlz2 at 12:06 PM on May. 3, 2010

  • I'll believe it when it happens. Texaco said the same thing in Ecuador and has since bowed out, despite legal instruction mandating otherwise. Screw up the Amazon, screw up the Gulf, make money .......stall and deny. I hope BP does the correct and moral thing.

    Sisteract

    Answer by Sisteract at 12:30 PM on May. 3, 2010

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