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Do you think $20 billion is enough financial compensation from BP?

Response Percent Votes
No
 
78% 544
Yes
 
21% 147
Total 691

Comments

Shane Garrett 6 years ago

Drive the British out of our waters!! So the others can move in. ; )

Stuart Evans 6 years ago

why would anyone pay a volunteer...?

vinividivici 6 years ago

It makes about as much sense as charitable donations being tax deductible.
None.

coolhandluke 6 years ago

The question is irrelevant. $20B is just the initial size of the escrow account. It in no way represents a cap or an estimate.

Stuart Evans 6 years ago

I love the $20 billion number. It's an arbitrary figure that sounds impressive. Of course nobody knows what the actual cost would be. If the government estimates $20b, then it's probably more like $50b or $100b. The cleanup and restoration will go on for decades. I think that the $20billion should be used to start the cleanup fund. Then every oil company or other mineral digging, disaster prone company can contribute tens or hundreds of millions more on an annual basis. These millions should be directly diverted from all lobbying efforts in Washington.

awillowhawk 6 years ago

As usual, big business wins. The damage to the environment from this is enormous. Instead of monetary punishment, having BP and other big oil concentrate on RESEARCH into alternate energy systems would be better! Of course, this would mean a change in their primary business.

When it comes to money/profits vs Nature - Nature loses every time!

Kontum1972 6 years ago

no way...100B is more like it..Amen

itwasthedukes 6 years ago

The administration has effective bypassed the judicial and legislative branch with this money grab. Be careful what you wish for. Why don't we stop the leak before we take any more money from shareholders and pensioners.

Olympics 6 years ago

At present, Exxon (for the valdez leak) has had to pay $500 million and continues to fight paying even that.

You can put a shovel into the sand in alaska and hit valdez oil!!!

good luck getting any money out of BP.

Susan Lee 6 years ago

Some "volunteers" are paid by BP.

We have a friend in veterinary school who was paid $250 per day for helping clean pelicans. The sleeping trailers were all full, so BP also provided motel rooms.

No amount of $ can restore what has been damaged.

I just saw a sad sad report on Nigerian waters damaged 50 years ago by an oil spill....

Shell has been spilling/leaking oil there for the last forty years: The equivalent of an Exxon Valdez spill EACH YEAR for FORTY YEARS.

Kirk Larson 6 years ago

It's a start! At least there may be a chance of people getting compensated. Not like after the Exxon-Valdez where no one got their money for nearly twenty years.

Rokchalk 6 years ago

Let's bankrupt them for what we the people have demanded-low cost fuel. This is our fault. Bankrupting them only kills jobs. You think it's bad now, just wait until the government takes over!

Scott Drummond 6 years ago

Doesn't it reward those businesses who operate safely with more business opportunity?

Ford Pinto workers were probably put out of work when the cars they built starting exploding because of poor business decisions too.

phoggyjay 6 years ago

The amount doesn't come close to how much this is going to damage. I never liked white powder sands anyway.

krissink1 6 years ago

There is no amount of money that could fix this environmental and economical disaster!

Cait McKnelly 6 years ago

Irony....Texas Congressman Joe Barton (R) apologized to BP for Obama, calling the President's requirement for BP to fund the cleanup and compensate the residents of the Gulf a "shakedown". I didn't know whether to laugh or cry.

dontcallmedan 6 years ago

And Barton's sentiment is shared by 114 republican house members, known as "The Republican Study Committee".

Bob Burton 6 years ago

When you have a President that has no management skills this is what you get.. Law passed after the Exxon spill says the president is responsible for our shores.. There is a 3B spill fund that could have been tapped but wait no management skills.. Could have lifted the Jones Act to get foreign help but wait no management skills.. There was 14 to 17 foreign countrys that would help but were told we don't need you, again no management skills.. I would not let him drive a icecream truck..

mr_right_wing 6 years ago

If oil drilling was as harshly regulated as the nuclear power industry, these waters would still be pristine. The nuclear power industry is harshly regulated, which it needs to be...and that's what makes it so safe today. Let's get rid of oil & coal, maybe use some natural gas in the mean time (which we have plenty of, right where you are standing now) and switch over to solar, wind and nuclear.

Maddy Griffin 6 years ago

You need to change your moniker. Doesn't sound very right-wing-ish to me. But I totally agree!!

mr_right_wing 6 years ago

Well I don't listen to Rush or Beck...yes I'm conservative; but that doesn't mean I blindly follow every party line. I've even been known to compliment Barry on occasion (very few, but it's happened.)

independant1 6 years ago

$20B enough?

Ain't enough to break BP, need a big enough number to force them out of business and eliminate all the big bad corporate jobs they provide.

'bout a gazillion is 'bout right.

Maddy Griffin 6 years ago

Ban off-shore drilling NOW!! We don't have the technology to fix this expeditiously. As long as off-shore drilling is around, this is the risk we take. Is it worth it.$20 billion is less than 1/3 of the profit BP makes in a year.

cfdxprt 6 years ago

link? Their profit was a little over 20 B last year and that was a good year.

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