British Petroleum, Control the Information, Escrow Account, Gulf Coast, Macondo Well, Oil Spill

British Petroleum: (still) encouraging the responsibility of others…

Bob Dudley announced Monday that British Petroleum had come to terms with Anadarko, which has agreed to give up its 25% stake in the Macondo Well and pay British Petroleum $4 billion dollars as its share of damage claims and cleanup costs. “I am very pleased that they stepped in and are now shouldering some of the responsibilities,” BP Chief Executive Bob Dudley said. He … Continue reading British Petroleum: (still) encouraging the responsibility of others…

Drake ToulouseOctober 19, 2011October 19, 2011Leave a comment

British Petroleum, Escrow Account, Ken Feinberg

Judge Barbier Rules! Feinberg is not independent…

Late yesterday afternoon, US District Judge Barbier issued a ruling that bans the “neutral” arbitrator of oil spill claims from repeating his mantra that he is independent of British Petroleum. “After reviewing the facts and submissions by the parties, the court finds that BP has created a hybrid entity, rather than one that is fully independent of BP,” Barbier wrote in his ruling. “While BP … Continue reading Judge Barbier Rules! Feinberg is not independent…

Drake ToulouseFebruary 3, 20117 Comments

British Petroleum, Control the Information, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

BP, Feinberg and $4 Billion Dollars

As a result of the Federal lawsuit against British Petroleum for violations of the Clean Water Act and Oil Pollution Act, estimates are the resulting fine for British Petroleum could be between $5 and $20 billion dollars, depending primarily upon whether BP is found grossly negligent in the explosion of the Deepwater Horizon. Though these numbers have been written about for months, according to an … Continue reading BP, Feinberg and $4 Billion Dollars

Drake ToulouseDecember 18, 2010December 18, 20105 Comments

British Petroleum, Ken Feinberg, Oil Spill

Just a quick question…

If I get a call from the police department saying they have a person who tried to overdose on pills at the local emergency room and they need me to come assess this person for safety, and I tell them I will be there in thirty minutes but don’t actually show up for six hours resulting in the police not being able to respond to a murder down the … Continue reading Just a quick question…

Drake ToulouseOctober 15, 2010Leave a comment

Barack Obama, British Petroleum, Coast Guard, Escrow Account, Gulf Coast, Macondo Well, Oil Spill, Plug The Leak, Restore the Wetlands, Supression of Science, Thad Allen, Tony Hayward

Changing Course in the Gulf: Bad Lessons in Money and Politics Pt. 3 – The Obama Administration and Business as Usual

Over the past five months, Gulf Coast residents have been treated to a number of decisions with direct impact on their lives. They weren’t asked to give input at the time these decisions were made. They weren’t asked how they thought it might affect their future. The decisions occurred above their heads and most times, without their knowledge, but they are the ones now paying … Continue reading Changing Course in the Gulf: Bad Lessons in Money and Politics Pt. 3 – The Obama Administration and Business as Usual

Drake ToulouseSeptember 17, 2010September 17, 20101 Comment

Barack Obama, British Petroleum, Coast Guard, Control the Information, Escrow Account, Gulf Coast, Oil Spill

As the Narrative Turns…Fraudulent Fisherman…Agenda Setting in the Gulf

Almost five years ago, I and the rest of the country watched the results from the Corp of Engineers faulty New Orleans levee’s and then the equally disastrous response by Bush and his buddies at FEMA as they spilled out across the major news networks. The original story pointed the finger of blame at the then President and the equally inept FEMA director, but over … Continue reading As the Narrative Turns…Fraudulent Fisherman…Agenda Setting in the Gulf

Drake ToulouseAugust 14, 2010August 14, 2010Leave a comment

British Petroleum, Coast Guard, Control the Information, Disenfranchised, Gulf Coast, Oil Spill

Feinberg: The Money isn’t in Escrow Account Yet, plus: How the Reparations Payment Will Work, Problems?

Ken Feinberg said today he hasn’t been able to start writing claims checks because BP PLC has not yet deposited any money into the $20 billion escrow fund it promised to create. “I don’t want the check to bounce,” Feinberg said. BP spokesman Justin Saia said the company’s agreement with the White House is still being finalized. “Funds will be made available immediately upon the … Continue reading Feinberg: The Money isn’t in Escrow Account Yet, plus: How the Reparations Payment Will Work, Problems?

Drake ToulouseJuly 25, 2010July 25, 2010Leave a comment