User Tag List

First 23456 Last

Results 31 to 40 of 117

  1. #31
    Don't Judge Me! Haphazard's Avatar
    Join Date
    Apr 2008
    MBTI
    ENFJ
    Posts
    6,707

    Default

    Quote Originally Posted by eagleseven View Post
    Profit Margins

    BP: 5.8%
    Apple: 21.1%
    Microsoft: 29.0%


    BP provides a resource critical to the survival of modern civilization, and yet has a smaller profit margin than the makers of the iPad.

    I feel bad for them, but my feelings won't help them fix the leak.
    Are these economic or accounting profits?

    They have such a small profit margin BECAUSE they supply a resource critical for the survival of modern civilization. You think your local water company makes a mint by piping water into your house?

    Also, you don't stop arresting someone just because they're poor...er.
    -Carefully taking sips from the Fire Hose of Knowledge

  2. #32
    Senior Member eagleseven's Avatar
    Join Date
    Apr 2010
    MBTI
    INTJ
    Posts
    331

    Default

    Quote Originally Posted by Haphazard View Post
    Are these economic or accounting profits?
    These are accounting figures.

    Quote Originally Posted by Haphazard View Post
    They have such a small profit margin BECAUSE they supply a resource critical for the survival of modern civilization. You think your local water company makes a mint by piping water into your house?
    Tis the result of a properly-functioning market, yes.

    I'm not about to bitch and moan because companies cut corners to stay competitive. Nowhere am I advocating for any government to "bailout" BP.

  3. #33
    (☞゚∀゚)☞ The Decline's Avatar
    Join Date
    Jun 2009
    MBTI
    ?
    Enneagram
    5w4
    Posts
    780

    Default

    Why do they call this a "spill"? It's more like a constant rupture/leak.
    "Stop it, you fuck. Give him some butter."
    Ti
    = Ne > Ni > Fi > Te > Se > Fe > Si INTP (I/PNT) 5w4

  4. #34
    Banned
    Join Date
    May 2008
    MBTI
    INFJ
    Enneagram
    1w9
    Posts
    479

    Default

    Quote Originally Posted by entropie View Post
    I read they failed to install a redundancy valve which in a case like that would have prevented the spilling. The valve costs around 600 k and that the author assumed was the reason they didnt take it.

    Following my education as a mechanical engineer, who had to attend to courses about operational security 60 % of the time of my university courses, I find this reckless.

    A better profit margin does not really make up for that kind of attitude.
    Yup... I've heard the valve could've cost as low as 500k.

  5. #35
    (☞゚∀゚)☞ The Decline's Avatar
    Join Date
    Jun 2009
    MBTI
    ?
    Enneagram
    5w4
    Posts
    780

    Default

    Such valves should be mandatory... but I'm sure a single hundred grand could just as easily lubricate the pockets of specific individuals instead.
    "Stop it, you fuck. Give him some butter."
    Ti
    = Ne > Ni > Fi > Te > Se > Fe > Si INTP (I/PNT) 5w4

  6. #36
    Senior Member
    Join Date
    Nov 2009
    MBTI
    INFP
    Posts
    470

    Default

    RIGZONE - Deepwater Horizon: A Firsthand Account
    excerpt
    "Mark: Dallas Texas WBAP. Go right ahead, sir.

    James: Just want to clear up a few things with the Petroleum Engineer, everything he said was correct. I was actually on the rig when it exploded and was at work.

    Mark: Alright, let's slow down. Wait, hold on, slow down, so you were working on this rig when it exploded?

    James: Yes sir.

    Mark: OK, go ahead.

    James: We had set the bottom cement plug for the inner casing string, which was the production liner for the well, and had set what's called a seal assembly on the top of the well. At that point, the BOP stack that he was talking about, the blow out preventer was tested. I don't know the results of that test; however, it must have passed because at that point they elected to displace the risers -- the marine riser from the vessel to the sea floor. They displaced the mud out of the riser preparing to unlatch from the well two days later and they displaced it with sea water. When they concluded the BOP stack test and the inner liner, they concluded everything was good.

    Mark: Let me slow you down, let me slow you down. So they do all these tests to make sure the infrastructure can handle what's about to happen, right?
    James: Correct, we're testing the negative pressure and positive pressure of the well, the casing and the actual marine riser.

    Mark: OK, I'm with you. Go ahead.
    ....."

  7. #37
    Senior Member
    Join Date
    Nov 2009
    MBTI
    INFP
    Posts
    470

    Default

    The Cover-up: BP's Crude Politics and the Looming Environmental Mega-Disaster | Oil Price.com
    The interesting part

    ""With hurricane season in effect, there is a potential for ocean oil to be picked up by hurricane-driven rains and dropped into fresh water lakes and rivers, far from the ocean, thus adding to the pollution of water supplies and eco-systems."

  8. #38
    Senior Member
    Join Date
    Nov 2009
    MBTI
    INFP
    Posts
    470

    Default

    [YOUTUBE="http://www.youtube.com/watch?v=cDGAoU1H2gM"]"Theres another leak, much bigger, 5 to 6 miles away"[/YOUTUBE]

  9. #39
    Senior Member
    Join Date
    Nov 2009
    MBTI
    INFP
    Posts
    470

    Default

    [YOUTUBE="http://www.youtube.com/watch?v=s6Wp4ZkEpO4"]Philippe Cousteau Jr. and Sam Champion take hazmat dive into Gulf's oily waters[/YOUTUBE]

  10. #40
    Administrator highlander's Avatar
    Join Date
    Dec 2009
    MBTI
    INTJ
    Enneagram
    6w5 sx/sp
    Socionics
    ILI Ni
    Posts
    17,887

    Default

    Continuous ticker of amount of oil that has been spilled into the Gulf.

    How Much Oil Has Leaked Into the Gulf of Mexico? | The Rundown News Blog | PBS NewsHour | PBS

    Please provide feedback on my Nohari and Johari Window by clicking here: Nohari/Johari

    Tri-type 639

Similar Threads

  1. Essential Oils and Natural Remedies
    By labyrinthine in forum Health and Fitness
    Replies: 29
    Last Post: 03-22-2017, 08:49 AM
  2. The Oil Spill is Only a Symptom
    By coberst in forum Philosophy and Spirituality
    Replies: 4
    Last Post: 06-18-2010, 01:29 PM
  3. BP planned to consult dead man on oil spill's effects on marine life, and more
    By Haphazard in forum Politics, History, and Current Events
    Replies: 12
    Last Post: 06-10-2010, 10:02 PM
  4. Geoff takes pictures on the Sussex Coast, Seven Sisters
    By Geoff in forum Home, Garden and Nature
    Replies: 12
    Last Post: 05-11-2008, 07:49 AM
  5. Geoff takes his camera to the Cornish coast [further pics added]
    By Geoff in forum Home, Garden and Nature
    Replies: 10
    Last Post: 06-23-2007, 08:35 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Single Sign On provided by vBSSO