Saturday, August 12, 2006

BP was simply a-mazed, I say amazed, that their pipeline suffered corrosion!

Yeah Sure!

See Greg Palast Here: BRITISH PETROLEUM’S “SMART PIG

"Years ago, I had the unhappy job of leading an investigation of British Petroleum’s management of the Alaska pipeline system. I was working for the Chugach villages, the Alaskan Natives who own the shoreline slimed by the 1989 Exxon Valdez tanker grounding."

"Even then, courageous government inspectors and pipeline workers were screaming about corrosion all through the pipeline. I say “courageous” because BP, which owns 46% of the pipe and is supposed to manage the system, had a habit of hunting down and destroying the careers of those who warn of pipeline problems."

Here's The WaPo: BP Was Told of Pipeline Worries in '04

"BP PLC was told by employees and contractors in a February 2004 survey that its Prudhoe Bay pipeline network probably was not being adequately monitored for corrosion, according to a company report."

"The company "has been cutting corners" since about 1999, said Charles Hamel, a former oil broker who lobbies government regulators on behalf of Alaskan oil workers. BP "shareholders were not well served by" the company's cost-cutting, he said in an interview this week."

I really feel for those shareholders... Must be a bitch cashing all those dividend checks.




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