The Oil “Spill”
I just want to add a few thought on the oil spill:
- First of all, it is NOT a spill. Nothing was spilled. It is a natural substance bubbling up from under the ocean floor. God made oil, not man.
- Nobody intentionally caused the disaster. It was an accident.
- Due to the complex distribution network of petroleum projects, it is NOT POSSIBLE TO BOYCOTT BP. Oil is used in plastics, jellies, paints, detergents, film, ink, etc. The gas stations are owned by small businessmen who are simply marketing the BP brand.
- We all share responsiblity. BP would not be drilling at such depths if we weren’t so addicted to oil.
- Did they ignore proper procedures? Does it matter? We ALL ignore proper procedures at work. That’s life.
- Do we owe the gulf coast anything? No. Their economies have been stimulated by oil companies for years. That’s our money already going to support them.
If you look at company stocks in the years after disasters, you’ll see why I will be buying BP stock while the price is low. Just look at how Exxon stock performed in the early 90′s after the Valdez spill. Other disasters produced similar results.
