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The Water Cooler
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Oklahoma Earthquake Politics
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<blockquote data-quote="okietool" data-source="post: 2720893" data-attributes="member: 6030"><p>I have absolutely no qualms about BP being held liable for damages it was obvious they created. </p><p>It's pretty hard to hide a blowout. And blowing out for any reason is against the rules. I'm sure the numbers are out there for what BP actually paid ( to this point ) and what their insurance carrier paid. </p><p>And from what I understand the North Sea is a completely different environment both physically and politically. </p><p>BP violated the guidelines they should pay. </p><p>From what I'm reading SandRidge did not violate the guidelines, the question is should they be penalized if they followed the rules (that's it in my mind). </p><p>I doubt we will ever have concrete proof either way on the cause of the earthquakes. Again I believe there is no single cause, it's a combination of things may all related to oil and gas production, we don't know what we don't know. Maybe we will in the future. </p><p>I say production tax and relief fund. It's a crappy solution and one that will be rife with fraud and misuse, but I don't see anything more equitable or timely available as a remedy at this time. </p><p>I still maintain virtually everyone has reaped the benefits, so virtually everyone should pick up the tab.</p></blockquote><p></p>
[QUOTE="okietool, post: 2720893, member: 6030"] I have absolutely no qualms about BP being held liable for damages it was obvious they created. It's pretty hard to hide a blowout. And blowing out for any reason is against the rules. I'm sure the numbers are out there for what BP actually paid ( to this point ) and what their insurance carrier paid. And from what I understand the North Sea is a completely different environment both physically and politically. BP violated the guidelines they should pay. From what I'm reading SandRidge did not violate the guidelines, the question is should they be penalized if they followed the rules (that's it in my mind). I doubt we will ever have concrete proof either way on the cause of the earthquakes. Again I believe there is no single cause, it's a combination of things may all related to oil and gas production, we don't know what we don't know. Maybe we will in the future. I say production tax and relief fund. It's a crappy solution and one that will be rife with fraud and misuse, but I don't see anything more equitable or timely available as a remedy at this time. I still maintain virtually everyone has reaped the benefits, so virtually everyone should pick up the tab. [/QUOTE]
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