Q: What do you call something black, thick and crude which ruins lives?
A: Mr President.
The oil disaster in the Gulf of Mexico has now cost BP £1.1bn ($1.6bn) and the pressure on the oil giant is likely to intensify over the next few days.
Over 51,000 claims have been submitted since the MC252 oil well blew up in the Gulf of Mexico in April, and more than 26,500 payments have already been made, totalling over £42 million ($62m).
Meanwhile, the REAL (American) culprits appear to be playing possum and allowing BP to take all the publicity and blame.
The Build-up of methane in the Deepwater Horizon rig which caused the explosion , fire and subsequent out-of-control spillage could have been prevented if the valve which had been installed to cut-off the oil flow, had operated properly. The explosion-prevention valve was manufactured and (supposedly) maintained by American oil contractor Cameron International and it was reported to have sprung a leak several hours before the explosion.
BP has not been known as “British Petroleum” for over 10 years, since its merger with Amoco but President Obama still continues his anti-British rhetoric.
The companies standing shoulder-to-shoulder in the dock alongside BP will all be American but meanwhile it continues to suit this misinformed President to mud-sling at the British people.
Cameron International has halted all of its oil exploration activities presumably because there are other such valves on other rigs which now present a danger.
The Cameron BOP (Blow-Out Preventer) is not new technology as it was first designed and produced in the 1920s.
BP’s senior vice president for the Gulf, James Dupree has blamed the Cameron BOP for the explosion on Deepwater Horizon which killed 11 people and continues to spill 40,000 barrels per day into the Gulf of Mexico.
Last month, Democrat member of the Congressional Committee, Bart Stupak reported that the blowout preventer “apparently had a significant leak”. He said that the BOP had also been modified in “unexpected ways,” and may not have been strong enough to shut the well.
Meanwhile Jack Moore, the Director, President and CEO of Houston-based Cameron International says that until the BOP is properly examined, it is “too early” to blame his company for the catastrophe.
It seems that Obama owes someone an apology and would probably benefit from some coaching in order to learn to engage his brain before opening his mouth. Sadly, he, like BP is beginning to look a little accident-prone.
The most effective thing that he could do would be to adopt a positive stance and invite BP Chief Executive Tony Hayward to the White House and not try to make a martyr of him.
Finally, I bet the CIA is currently working hard to establish a link between Cameron International and our Prime Minister.