Big Problems at BP Continue to Show Why Delaware River LNG Terminal is a BAD Idea!

[cyberpj]

BP's oil spill in Alaska blamed on cost-cutting
Source: Belfast Telegraph
Thursday, May 17, 2007
(Anyone see this in US Corporate Media?)

BP's ceaseless efforts to promote itself as an environmentally responsible energy producer took a serious blow yesterday after a US congressional committee said "a mountain of evidence" showed the company's cost-cutting on maintenance had led to a large oil spill in Alaska. The US government said it was "highly likely" to fine BP over the leaks.

The committee was also told that the causes of the spillage - which happened at a time when BP was making huge profits - shared "striking similarities" with the problems that led to the 2005 explosion at a Houston refinery in which 15 people died.

"My review of the mountain of circumstantial evidence can only lead me to the conclusion that severe pressure for cost-cutting did have an impact on maintenance of pipelines," said the Republican Bart Stupak, chairman of the House Energy subcommittee on oversight and investigations.

The conclusions of the committee will add to the woes of BP's new CEO, Tony Hayward, who took over from Lord Browne following his resignation over a personal scandal. Mr Hayward had previously been BP's head of exploration and production.

http://www.belfasttelegraph.co.uk/news/world-news/article2554122.ece


PREVIOUSLY, ON Delaware Online:

BP, New Jersey have difficult fight ahead
Energy company disputes meaning of Delaware River ruling
By JEFF MONTGOMERY, The News Journal
Posted Sunday, April 15, 2007

Most observers saw a U.S. Supreme Court fact finder's ruling on jurisdiction over the Delaware River as a clear win for Delaware.

Not BP.

For good reason. Demand for clean-burning natural gas is on the rise around the globe, and BP is falling behind in a national race to build terminals to meet the country's hunger for the fuel.

Of the more than 40 terminals proposed for the United States -- including BP's terminal proposed for the New Jersey side of the Delaware River directly opposite Claymont -- only 12 will be built, the Federal Energy Regulatory Commission estimates. And if any of the four other LNG projects proposed for the Northeast -- from Maine to the Chesapeake Bay -- are built, the market for a BP terminal in New Jersey would be diminished

Much more:
http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20070413/NEWS/70413025