Say what You want to BP

Q&A: How much is BP paying for compensation for the spill? How much did the cleanup and relief efforts cost?

by imjustcreative

Question by Powell: How much is BP paying for compensation for the spill? How much did the cleanup and relief efforts cost?
Also, is BP going to go Bankrupt and close down? BP is from Britain, correct?

Best answer:

Answer by Steve D
The cleanup is ongoing and a final total has not been determined. Estimates for the cost range from $ 30 billion to $ 100 billion. No BP will not go bankrupt. During the first quarter of 2010, BP made $ 5.5 billion in profits. In 2009, BP’s profits were $ 14.4 billion. For the second quarter of 2010 BP today reported a $ 17 billion loss…however, $ 32 billion of that was set aside earnings for the cleanup, meaning that, in essence, BP ran a $ 15 billion profit if you factor out the oil spill. Since the $ 32 billion probably covers a good part of the cleanup (the $ 100 billion estimates were most likely extremely high) and also factor in the expectation that BP may sell $ 30 billion worth of assets, they are probably going to be just fine.

What do you think? Answer below!

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How long will it take BP to recover from paying for the oil spill?

Question by Steve: How long will it take BP to recover from paying for the oil spill?
BP has been said to be responsable for paying for the cleanup of the oil spill off the coast of louisiana. How long will it take them to recover, if ever?

Best answer:

Answer by Jacob’s Mommy
I’m thinking that they might turn to insurance to help with the cost of the cleanup.

Give your answer to this question below!

e-Commerce Best Practices (eC-BP) Invites Participation


xml:lang=”en” lang=”en” xmlns=”http://www.w3.org/1999/xhtml”>

e-Commerce Best Practices (eC-BP) Invites Participation

Summerfield, NC (PRWEB) October 19, 2005

eC-BP today announced its open invitation to those individuals and companies involved with e-Commerce and EDI. eC-BP.org promotes the establishment of Best Practices in e-Commerce.

eC-BP invites individuals and organizations to become members of eC-BP and join in advancing the use of EDI by lowering the barriers to participation by actively supporting the eC-BP tenets (http://www.ec-bp.org/about-us.asp).

eC-BP Memberships are available at 3 levels:

Certified

Affiliate

Sponsor

A Certified Member is an individual or company that understands, agrees to, and adheres to the eC-BP tenets. This could be any company (hub, vendor, consultant, etc.) or individual involved with EDI. There are no fees involved in becoming a Certified member.

Display a special “Certified” eC-BP logo on their site (with link to the eC-BP tenets).

Your company name and logo will be displayed on the “Certified” page of eC-BP.org.

An Affiliate Member is a company that actively participate in eC-BP by promoting through publication or other means to be determined on an individual basis. Examples are GS1US, Line56, York Solutions. (EDI solution suppliers, see the Sponsors section.) There are no fees involved in becoming an Affiliate member.

Agree to some kind of beneficial arrangement.

Display a special “Affiliate” eC-BP logo on their site (with link to the eC-BP tenets).

The Affiliate company name and logo will be displayed on the “Affiliates” page of eC-BP.org.

Sponsors provide continuing financial support to eC-BP. Companies engaged in providing EDI services or software may become Sponsors. Sponsorship arrangements are available on an individual basis by contacting eC-BP directly.

About eC-BP.org

eC-BP.org is a forum for discovering and promoting the Best Practices for e-Commerce. eC-BP.org Newsletter is distributed to those interested in understanding how their peer organizations are archiving their goals with regard to EDI. Free subscriptions are available at http://www.ec-bp.org.

# # #

©Copyright 1997-, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Why is BP trying to get out of their responsibility of paying for the spill?

Question by The Beckster: Why is BP trying to get out of their responsibility of paying for the spill?
They want to limit their damage to 75 million dollars, when it is clear that damage done is already in the tens of billions. The Republican Senators are backing them up too.

In other words, the Republican Senators wants your tax dollars to pay for the bulk of the spill. And then they will spin it as a bailout for BP. Watch closely the next few weeks, as the Republican Senators defends BP.

Best answer:

Answer by 60 min man
they have already spent 450 billion dollars, where did you see this?

What do you think? Answer below!

BP Blame

Some cool BP images:

BP Blame

Image by Truthout.org
(Image: Lance Page / t r u t h o u t; Adapted: a2gemma, hill.josh)

Image paired with the story:
Investigation Shows BP Cut Costs Before Blowout
www.truth-out.org/bp-blame60485

Adapted by:
www.flickr.com/photos/a2gemma/1448178195/
www.flickr.com/photos/jbhill/4619963575/

BP Protest Jackson square 5/30/10

Image by boxchain
BP British Polluters

Q&A: How does BP selling some of its assets affect the company value?

by Infrogmation

Question by angelpie: How does BP selling some of its assets affect the company value?
News has come out that BP plans to sell $ 12 billion of its assets to the US’s biggest independent oil company, Apache. The day this was announced, the share prices increased quite a bit, does this make sense or was the increase caused by other factors?

I would like to know how BP selling all these assets off is good or bad for the company. Doesn’t it mean the value of the company has actually decreased (and therefore one would expect share prices to drop) ?

Best answer:

Answer by answers smartass
assets are assets cash is just as much of an asset as property

Give your answer to this question below!

Who else out there is deliberately boycotting BP service stations and garages ?

by Travis S.

Question by Victory is Mine: Who else out there is deliberately boycotting BP service stations and garages ?
I know of several people including myself who are boycotting BP in order to send a deliberate message to the company , the shareholders and the service station owners that they have a responsibility to fix the mess they have created in the US.

They seemingly want to be allowed to take the profit without taking the blame as well.

Would you get behind this initiative as well and boycott all BP outlets or are you doing it already?

Don’t even start me on their idiot CEO.

Best answer:

Answer by Guy
“They seemingly want to be allowed to take the profit without taking the blame as well.”

But they agreed to pay $ 20 billion. They are taking the blame, at least some of it.

What do you think? Answer below!

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How about getting BP to pay for the oil leak by lowering gasoline prices?

by BP America

Question by : How about getting BP to pay for the oil leak by lowering gasoline prices?
BP could offset the oil leak costs and damages by lowering the price of gas to $ 1 a gallon at all of their pumps in this country (and still will make a profit) for the next three years or so. This will go a long way in rebuilding respect and good will. It will also help the middle class and the economy.

Best answer:

Answer by David S
No. No. That will just encourage people to drive more

Add your own answer in the comments!