BP Trading Ban and Accountability

Accountability, it’s a strong word to use, but it’s precisely what needs to occur and be displayed by BP and the US Government.

BP should have a temporary US Trading Ban put in place until this situation is completely resolved. This would allow BP to focus it’s efforts and resources entirely on this situation. It would also bring the severity of this to their boardroom table.

A US Trading Ban brought in by the US Government would penalise the company and ensure public faith in this company maybe able to be restored. This Ban only to be lifted if and when the company can show real accountability and have acted responsibly for the massive destruction this has  caused and continues to cause.

Until such time, the Executive Management from BP Worldwide should be flown in to help lead and participate in on the ground clean up.  This would at least show leadership and a willingness to assist when the worst occurs.  The very best they can do is the very least they can do and this would be at best a token gesture.

BP should no longer be subject to it’s own competancies,  a huge fine be imposed from which an independant competence unit be setup to ensure safe practice.  It’s free trading should be scruitineered for 15 years to ensure competence and safe practice.

BP should no matter what the outcome,  have to rebrand it’s company worldwide. They cannot and should not be allowed to represent themselves as any part of nature.

It’s easy to lead when nothing goes wrong but in times like this what we need is a sense of real Accountability.

3 Responses so far »

  1. 1

    Sarah Baram said,

    Okay, so, you can’t do that. At all. BP is the number one foreign supplier of oil to American troops in Afghanistan. Do you know what a trade ban would do to that? It would certainly cause a whole ton of trouble.

    • 2

      austinmay said,

      Hi Sarah

      Afghanistan troops would be supplied by BP somewhere in the middle East much closer than the US so that wouldn’t be an issue. I’m not saying the entire world either, there could be exceptions like Military and Government operating within the US. I am saying a Ban where the Accident has happened so as to make the company shift it’s focus to sorting it out.
      Austin May

    • 3

      austinmay said,

      This is undoubtably a wakeup call for the US and the World in many ways.

      I’ve been thinking about your comment and for the last couple of hours reflected upon the massive amount of oil that the US Military would use world wide on any given day.

      Then I thought, does the US military use anything environmentally friendly? Does it even care?
      I thought probably not.
      But I am happy to say I am wrong on that thought and there are signs they do!

      Turning human waste into power.

      On the flip side they also say Peak Oil is coming.
      and that the US military are predicting Peak oil in 2012.


      By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day, While it is difficult to predict precisely what economic, political, and strategic effects such a shortfall might produce, it surely would reduce the prospects for growth in both the developing and developed worlds. Such an economic slowdown would exacerbate other unresolved tensions, push fragile and failing states further down the path toward collapse, and perhaps have serious economic impact on both China and India.

      In any case we all need to be implementing greener power options NOW the more the better.

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