Bob Dudley…what are we playing for?

British Petroleum’s CEO, Bob Dudley has provided estimates to the business world and more importantly, to its investors that BP’s share of costs associated with the Deepwater Horizon will not exceed $40 billion dollars when all is said and done. Still trying to reassure his company’s investors, Dudley has even indicated that dividend payments will resume again in the new year. Course, there is a … Continue reading Bob Dudley…what are we playing for?

“Breathtakingly Inept” BP leaves oil on the seafloor

Bill Reilly, co-chair of the Presidential Commission to investigate the oil spill, released prepared remarks to be given at an oil and gas conference conference in New Orleans writing “There is virtual consensus among all the sophisticated observers of this debacle that three of the leading players in the industry made a series of missteps, miscalculations and miscommunications that were breathtakingly inept and largely preventable.” Oh … Continue reading “Breathtakingly Inept” BP leaves oil on the seafloor

The Head, It Spins…

In a quick perusal of the news this morning…and yesterday for that matter, I felt like a boxer taking punch after punch…and I gotta say it, I’m aggravated and disappointed, yet at the same time, more comfortable and secure in the correctness of my views that the government doesn’t care about anything but corporations and what they believe they can get away with, the problem with wilileaks … Continue reading The Head, It Spins…