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Reply #25: Completely agree with you [View All]

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suffragette Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-10 11:27 AM
Response to Reply #17
25. Completely agree with you
on every point you wrote.

The only person who seems to have taken the lead on this is Markey, who wrote the letter to the EPA asking the same question of why the EPA was allowing the use of dispersants banned in the UK.

And that and so much more should never have been allowed in the first place.

It is maddening.


Awhile back I posted about Transocean transcripts from their earnings meetings.

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=8347642


http://seekingalpha.com/article/190478-transocean-ltd-q4-2009-earnings-call-transcript?page=-1

Steven Newman is the CEO of Transocean.

Geoff Kieburtz – Weeden

Okay. Would it be fair for me to infer then that these Deepwater rigs are because of regulatory or safety case issues not necessarily able to compete in the U.K. North Sea market?

Steven Newman

Well, getting a rig that is not currently into the U.K. sector of the North Sea back into the U.K. sector of the North Sea does require some regulatory approvals. And there are rigs in the Transocean fleet that would be relatively straightforward to do that with. And there are some that we would prefer to keep on the international market.



Now that seems to indicate to me that it's possible the rig might not have been up to UK specs either. And if that's the case, BP would know that, too.









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