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Do you think BP has been unfairly criticized by the media & the Obama Administration?

2005 - BP's Texas City plant explodes killing 15 and injuring 180. Investigations revealed that requirements imposed by the Clean Air Act were not followed. Last year (2013) OSHA fined BP an additional $87M because the company had STILL failed to implement the required safety measures.

2007 - A BP pipeline bursts and spills over 200,000 gallons of oil into the Alaskan wilderness. Yesterday the 9th Circuit allowed the resulting shareholder suit against BP to proceed.

2008 - BP's Azerbaijan rig explodes dumping 1/2 a million barrels of oil into the Caspian Sea. CEO Tony Hayward blames the explosion on a "bad cement job."

2010 - BP's Deepwater Horizon rig explodes killing 11 people and causing the worst marine environmental disaster in American history. Experts estimate over 4 million barrels of oil escaped into the Gulf. CEO Tony Hayward blames the explosion on a "bad cement job."

2013 - BP is convicted of securities fraud and ordered to pay $353 million as part of an agreement to defer prosecution on charges that the company conspired to manipulate the propane gas market.

2014 - BP faces possible sanctions over its conduct in the BP Settlement program for intentionally misleading the public and violating the settlement agreement which it co-authored.

http://www.theguardian.com/world/2010/dec/15/wikil...

http://www.insurancejournal.com/news/east/2014/02/...

http://abcnews.go.com/WN/bps-dismal-safety-record/...

Given BP's track record, has it been unfairly criticized by the media and Obama Administration?

Update:

@ It's over: We don't blame cars as long as they operate correctly. But if cars regularly exploded and killed people we would be absolutely justified in blaming them, don't you think?

10 Answers

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  • Anonymous
    6 years ago
    Favorite Answer

    Aside from those things, they are just an average corporation, lol!

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  • 6 years ago

    Please keep in mind that BP is largely made up of what used to be Standard Oil. You know, the Oil Company of Rockefeller Fame.

    Over the last century or so, Standard Oil was broken up by Congress on at least 4 or 5 occasions because some thought Standard Oil was too powerful. After the last attempt to destroy Standard Oil, they just took their assets and moved to Great Britain where they could no longer be attacked by our own Government.

    Those actions by the American Government were likely justified, but now the American Government has lost not only the income they once made from taxing that huge Corporation, but they also lost some of the ability to dominate their policies and actions.

    No, most of the criticisms of BP are justified. Justice requires assessing Liabilities on the backs of those who caused any harm or damage. The Greatest injustice is to force those who did not profit from, or cause problems, to pay for cleaning up the messes created.

    What we have is Another Failure of the Justice System.

    If liabilities were correctly assessed, few regulations or bureaucracies would be required. Those who bare the liabilities will assure the Corporation is operated in a responsible manner.

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  • 6 years ago

    Didn't know we lived in a perfect world. Now we see through the blaming eyes of liberalism. Look at the number of auto accidents last year. Let's all blame cars. Yes, time to blame those evil car makers for making cars that kill people.

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  • Andy F
    Lv 7
    6 years ago

    No, I think BP needs to go out of existence as an organization. Or maybe it should reorganize itself to enter some other line of business -- say, ginseng collection, tofu production, or something else that's beneficial for the planet.

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  • 6 years ago

    Yikes

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  • 6 years ago

    No, they deserve every bit of critisizm they get. Too bad they are still allowed to rape the nation for oil.

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  • Paula
    Lv 6
    6 years ago

    Yes.

    Obama (swt) looks at BP as a "cash cow."

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  • Anonymous
    6 years ago

    No

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  • 6 years ago

    not if they still here

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  • Anonymous
    6 years ago

    no

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