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Ear to the Ground

U.S. Sues BP, Transocean for Damages ‘Without Limitation’

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Posted on Dec 15, 2010
U.S. Coast Guard / Petty Officer 2nd Class John Miller

BP has already committed billions of dollars to pay for cleanup and damages, but there’s no telling what the final cost to the environment and the region’s tourist and fishing industries will be.

Attorney General Eric Holder says the government is going after nine companies involved with the Deepwater Horizon spill “for government removal costs, economic losses and environmental damages without limitation.”

Guess that relationship between the Obama administration and BP was less cozy than it appeared.

Halliburton, which was recently blamed by a presidential commission for some of the Macondo well’s shoddy construction, is off the hook—for now. Holder says new charges and new defendants may still be added to the suit.  —PZS


We intend to prove that these defendants are responsible for government removal costs, economic losses and environmental damages without limitation,” Mr Holder said.

“As investigations continue, we will not hesitate to take whatever steps necessary to hold accountable those responsible for this spill,” he added.

Halliburton, the company that cemented the Macondo well, and Cameron International, which provided equipment for the well, were not targeted in the lawsuit.

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Queenie's avatar

By Queenie, December 18, 2010 at 5:16 pm Link to this comment

Money, money, money. As if money could wash away the gut wrenching anguish of a mother dolphin watching her calf die, suffocating in thick black deadly oil, just before she, herself, was killed, never knowing why.

Or seeing newly hatched snowy egret chicks mired in the death grip of oil and Corexit, not even able to fly to safety and their parents refusing to leave them and dying a horrible agonizing death.

Cormorants, pelicans, shore birds by the millions, whales,,fish, even down to the krill and creatures that are the beginnings of the food chain like the phytoplankton that feed the krill that feed the baleen whales. The coral beds. All dead, dying, floating in on a wave of black death.

And now the birds who use the gulf as a winter breeding ground or a stopover. What amount of money will pay for their extinction? There is no amount on earth to undo what mankind has done to the most innocent and unaware who must live and die by our rules.

This court battle will last years. BP will, if at all, pay pennies on the dollar for any fines imposed, if at all.

The death of our little brothers in the gulf will last forever.

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By plenum, December 16, 2010 at 3:02 pm Link to this comment

This is major, MAJOR news - but typically, the story is enormously downplayed, minimal, reduced to give barely a hint as to how this might even affect the industry, no topic development as to who is on the government’s legal team, no three pitiable paragraphs plus a quote from none other than a foreign news source.  Why hasn’t a reporter jumped on this story and expanded the myriad directions it could potentially go?  Easy, easy topic…

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Napolean DoneHisPart's avatar

By Napolean DoneHisPart, December 15, 2010 at 11:57 pm Link to this comment

And how about those LARGE short positions by some very few of BP stock just days prior to the failure at the rig?

Would like to get a stock and market analysis at that time to see if the selling / shorting of BP was underway prior to the failure… or news of it.

Follow the money, and the true perpetrators IN ANY SCANDAL will be revealed.

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