Tag Archives: BP is getting Rolled in the Gulf.

The Oil Barons are Whining! BP is getting Rolled in the Gulf.

INTRO BY JOHN DONOVAN: THIS BLOOMBERG BUSINESSWEEK ARTICLE PROVIDES A CAUTIONARY TALE OF THE POTENTIAL BANKRUPTING CONSEQUENCES FOR A FOREIGN OWNED OIL COMPANY THAT MESSES UP SPECTACULARLY WHEN DRILLING IN US WATERS. ROYAL DUTCH SHELL SENIOR MANAGEMENT WAS WELL AWARE OF THE POTENTIAL DIRE CONSEQUENCES WHEN IT SENT AN ANTIQUATED ILL-PREPARED DRILLING FLEET INTO ALASKAN/ARCTIC WATERS, CULMINATING IN ANOTHER PR DISASTER, FORTUNATELY WITHOUT ANY FATALITIES. [email protected]