Chevron oil spill price tag: $75 million and counting

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  • chacesmith DALLAS, TX
    Aug. 16, 2011 10:01 p.m.

    Oil companies are spending millions and in the case of BP billions on oil spills, when there is a tried and trued technology, they have successfully tested and utilized in a small way that will save them enormous amounts of money and time associated with spill response. OSE II is the worlds only first response bioremediation clean up product that will actually address 100% of a spill, prevent oil from sinking into the water column where 60% of marine species live, (like toxic dispersants) prevent oil from sinking to the seabed destroying bottom dwellers as well as sea plants. OSE II causes oil to float preventing secondary impacts, and allowing natural bacteria to digest the oil to CO 2 and water preventing oxygen depletion to the water column. OSE II could have saved BP billions in clean up costs and natural resource damages, and litigation. The oil companies are still using outdated oil spill response techniques that are running up costs needlessly.

  • pharmacist South Jordan, UT
    Aug. 11, 2011 8:10 p.m.

    My feeling is that the company is not spending 75 million of their own money. It will not come from the stock holders but from all of us at the gas pumps.

  • Pagan Salt Lake City, UT
    Aug. 11, 2011 3:03 p.m.

    'The liberals decry oil while they enjoy all the benefits it brings.' - Rifleman | 11:56 a.m. Aug. 11, 2011

    And conservatives sing the benifits of dirty energy, while 11 men died on the BP oil platform.

    'I'm glad the oil company had enough money to clean up the spill.' - IDC | 1:19 p.m. Aug. 11, 2011

    Why WOULDN'T they clean up their own mess?

    *'Exxon earns nearly $11 billion in 1Q, best since '08' - By Chris Kahn - AP - Published by DSnews - 04/28/11

    *'Exxon profit up 53 pct, best quarter since 3Q '08' - By Chris Kahn - AP - 01/31/11

    *'BP reporting profits despite growing costs for oil spill' - By Brian Skoloff and Jane Wardell - AP - Published by DSNews - 11/02/10

    *'Chevron profit rises 36 percent on high oil prices' - AP - Published by DSNews - 04/29/11

    when they are making RECORD profit...that we are paying?

    $75 million dollar mess up...

    and I'm the 'liberal bad guy?'

  • IDC Boise, ID
    Aug. 11, 2011 1:19 p.m.

    I'm glad the oil company had enough money to clean up the spill. Imagine if this were the federal governments problem, who would be able to pay for it?

  • Rifleman Salt Lake City, Utah
    Aug. 11, 2011 11:56 a.m.

    Re: Pagen | 9:00 a.m. Aug. 11, 2011

    Oil isn't evil, waiting to pounce on you when you're not looking. Oil is, however, indispensable. Without it farmers would have no way of planting, harvesting and transporting their products to the market.

    The liberals decry oil while they enjoy all the benefits it brings.

  • The Utah Republican Alpine, UT
    Aug. 11, 2011 7:56 a.m.

    Chevron will absorb the expense which means Chevron customers will absorb the expense. Since petroleum products are fungible - everyone will absorb the expense.

  • DeltaFoxtrot West Valley, UT
    Aug. 10, 2011 4:15 p.m.

    I'm still curious as to what group allowed an oil pipeline to be built so close to a major waterway. Seems like that's a big NO NO.