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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Having been an accountant in a previous
life I can tell you that short term actual profits almost always override
potential long term costs. It used to amaze me that people even bothered
doing 5 year projects given that they clearly weren’t expecting to have to meet
numbers that far out.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>That is to say if you tell your CEO it
will cost you $5,000,000 and 6 more months to do it “right” as opposed to
generating $100,000 a day starting tomorrow “as is” he’ll almost always choose
starting tomorrow.<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>In this case BP’s own internal procedures
prohibited them from doing what they did so they actually petitioned the
government to be allowed to do it against their own procedures. Although I
heard that little tidbit repeated in a report the other night 3 times I never
heard the report indicate which pinhead in the government approved the
petition. (I’m assuming they did as they also didn’t say that the government
did NOT approve the petition.)<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'>
ale-bounces@ale.org [mailto:ale-bounces@ale.org] <b><span style='font-weight:
bold'>On Behalf Of </span></b>Jim Kinney<br>
<b><span style='font-weight:bold'>Sent:</span></b> Thursday, June 03, 2010
10:24 AM<br>
<b><span style='font-weight:bold'>To:</span></b> <st1:PersonName w:st="on">Atlanta
Linux Enthusiasts - Yes! We run Linux!</st1:PersonName><br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: [ale] BP knew of
problems 11 months before the rig blew-further OT</span></font><o:p></o:p></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
<p class=MsoNormal style='margin-bottom:12.0pt'><font size=3
face="Times New Roman"><span style='font-size:12.0pt'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>On Thu, Jun 3, 2010 at 9:57 AM, Geoffrey <<a
href="mailto:lists@serioustechnology.com">lists@serioustechnology.com</a>>
wrote:<o:p></o:p></span></font></p>
<div>
<p class=MsoNormal style='margin-bottom:12.0pt'><font size=3
face="Times New Roman"><span style='font-size:12.0pt'>Jim Kinney wrote:<br>
> True. EarthFirst is often seen as ecoterrorists. Their antics have been<br>
> very geared towards don't make an eco mess while causing problems for<br>
> "the man". This BP mess sounds more like NASA bad management
calls and<br>
> the Challenget disaster.<o:p></o:p></span></font></p>
</div>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>Agreed. I think the bottom line is, either they cut corners, or
they<br>
simply did not plan for dealing with such a problem. Disaster recovery<br>
should be part of their plan, obviously it was not.<o:p></o:p></span></font></p>
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<p class=MsoNormal style='margin-bottom:12.0pt'><font size=3
face="Times New Roman"><span style='font-size:12.0pt'><o:p> </o:p></span></font></p>
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<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'>Agreed. Either is bad. Both is a gross lapse of judgement. It appears
on the surface (no pun intended) to be both. MMS is also in need of some
serious slapping. The splitting into license fees and oversight groups is a
good start.<br>
<br>
Maybe the <st1:country-region w:st="on">US</st1:country-region> needs a fleet
of the fancy oil skimmers like <st1:country-region w:st="on"><st1:place w:st="on">Norway</st1:place></st1:country-region>
has to be deployed on hot standby where ever we have oil traffic on the oceans.
<br>
<br>
<br>
Heh, heh. My snark bone tells me if the skimmers are deployed the company that
sprung the leak pays for the full cost (boats and crew plus overtime, etc.) of
the deployment and the captured oil is sold on the open market and the funds
are used to support research to improve the oil process safety (or really
snarky - alternative energy sources!). Add in punative fines of highest market
value of oil for the 12 months prior to the spill for the total spill amount
multiplied by the number of days or partial days the leaking occurred.
Makes for quite an incentive to make no mistakes. So $85/barrel peak price X
(low end 5kbb/day X 32 days so far) X 32 days so far = $435.2M so far. . At the
high end of 20kbb/day and nothing stops until relief wells done in August
(90 days from explosion) is $13.77B.<br>
<br>
That will catch the attention of the CFO!<o:p></o:p></span></font></p>
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<p class=MsoNormal style='margin-bottom:12.0pt'><font size=3
face="Times New Roman"><span style='font-size:12.0pt'><br>
<br clear=all>
<br>
-- <br>
-- <br>
James P. Kinney III<br>
Actively in pursuit of Life, <st1:City w:st="on"><st1:place w:st="on">Liberty</st1:place></st1:City>
and Happiness <br>
Doing pretty well on all 3 pursuits <o:p></o:p></span></font></p>
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<FONT FACE="Arial" SIZE="2">Proud partner. Susan G. Komen for the Cure.</FONT>
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