whatever litigation motives the company might have for not getting that accurate flow rate count, which will be provided when the relief wells go through, this is more of a business question, would those be outweighed by the loss in stock value each day of the spill, not to mention the risk of somehow getting caught further with something else going wrong? i think right now bp s more worried about cash than they are their stock price frankly. every day that they have the well flowing without the entire volume being measured is a day they can argue that the volume is much less than what we think it is. if they get a cap put on that contains the entire flow, all of a sudden, they ll be forced into a hard number. and as we know all of the fines are based on a per-barrel discharge. that turns into a gigantic
getting that accurate flow rate count, which will be provided when the relief wells go through, this is more of a business question, would those be outweighed by the loss in stock value each day of the spill, not to mention the risk of somehow getting caught further with something else going wrong? i think right now bp s more worried about cash than they are their stock price frankly. every day that they have the well flowing without the entire volume being measured is a day they can argue that the volume is much less than what we think it is. if they get a cap put on that contains the entire flow, all of a sudden, they ll be forced into a hard number. and as we know all of the fines are based on a per-barrel discharge. that turns into a gigantic number. as long as they can argue it s a lower number, they actually do better on cash.
the company might have for not getting that accurate flow rate count, which will be provided when the relief wells go through, this is more of a business question, would those be outweighed by the loss in stock value each day of the spill, not to mention the risk of somehow getting caught further with something else going wrong? i think right now bp s more worried about cash than they are their stock price frankly. every day that they have the well flowing without the entire volume being measured is a day they can argue that the volume is much less than what we think it is. if they get a cap put on that contains the entire flow, all of a sudden, they ll be forced into a hard number. and as we know all of the fines are based on a per-barrel discharge. that turns into a gigantic number.