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With the Gulf Coast dying of oil poisoning, there's no space in the press for British Petroleum's most recent spill.

Just last week over 100,000 gallons were lost at its Alaska pipeline operation. A hundred thousand used to be a lot. It still is.

Last Tuesday, Pump Station 9, at Delta Junction on the 800-mile pipeline, busted. Thousands of barrels began spewing an explosive cocktail of hydrocarbons after "procedures weren't properly implemented" by BP operators, say state inspectors.

"Procedures weren't properly implemented" is, it seems, BP's company motto.

Few in the US know that BP owns the controlling stake in the transalaska pipeline. Unlike with the Deepwater Horizon rig, BP keeps its name off the big pipe.

There's another reason for the company to keep its name off the pipe - its management of it stinks. The pipe is corroded, undermanned and "basic maintenance" is a term BP has never heard of.

http://www.morningstaronline.co.uk/inde ... full/91000" onclick="window.open(this.href);return false;

...and the right wing lackeys would have them drill in a wildlife refuge.

Drill baby, drill!

If they didnt have to pay 700 billion in taxes every year maybe there would be something left over for maintenance.

ALPHAGRIZ1 wrote:If they didnt have to pay 700 billion in taxes every year maybe there would be something left over for maintenance.

Were you dropped on your head a lot as a baby?

Gotta question for those who know a bit about economics involved with oil. I've filled up at BP stations since forever (I know I know, but my dad's friend owns a station and he's known him since before I was born), and lately their prices in my area are undercutting the competition by 4/5 cents for 87 and 6/7 cents for 89 & 91 (maybe diesel too but I didn't notice). How the hell is this possible with them losing a major supply of oil? Is it a PR thing, do the station owners decide, or what?

Also wonderin' if it's the same in your areas?

∞∞∞ wrote:Gotta question for those who know a bit about economics involved with oil. I've filled up at BP stations since forever (I know I know, but my dad's friend owns a station and he's known him since before I was born), and lately their prices in my area are undercutting the competition by 4/5 cents for 87 and 6/7 cents for 89 & 91 (maybe diesel too but I didn't notice). How the hell is this possible with them losing a major supply of oil? Is it a PR thing, do the station owners decide, or what?

Also wonderin' if it's the same in your areas?

What you and I call gas stations are really in the conveinience store business. They make their money when someone fills up, then goes inside and the kids get gum, candy bars, and mom and dad buy all the other over prices shit stacked up on the counters. The bad press is keeping people from buying gas there, so they are willing to bring them in the parking lot at a loss for gas. They need the inside sales to stay open.

∞∞∞ wrote:Gotta question for those who know a bit about economics involved with oil. I've filled up at BP stations since forever (I know I know, but my dad's friend owns a station and he's known him since before I was born), and lately their prices in my area are undercutting the competition by 4/5 cents for 87 and 6/7 cents for 89 & 91 (maybe diesel too but I didn't notice). How the hell is this possible with them losing a major supply of oil? Is it a PR thing, do the station owners decide, or what?

Also wonderin' if it's the same in your areas?

There is plenty of crude oil, the bottleneck is at the refining stage.

houndawg wrote:

∞∞∞ wrote:Gotta question for those who know a bit about economics involved with oil. I've filled up at BP stations since forever (I know I know, but my dad's friend owns a station and he's known him since before I was born), and lately their prices in my area are undercutting the competition by 4/5 cents for 87 and 6/7 cents for 89 & 91 (maybe diesel too but I didn't notice). How the hell is this possible with them losing a major supply of oil? Is it a PR thing, do the station owners decide, or what?

Also wonderin' if it's the same in your areas?

There is plenty of crude oil, the bottleneck is at the refining stage.

Refineries must be doing just fine now then......since the price of gasoline dropped for the 26th straight day.