Page 9 - Rig Workers News Today

Latest updates on this topic.

Mechanism. to provide some assistance to the oil rig workers idle for six months by the obama administration imposed moratorium on deep water exploration. they want to provide some mechanism to help those workers. b.p. will put this money into a foundation. grants will be allotted to those idle unemployed deep water rig workers. after this brief press conference at the white house west wing broke up, reporters avidly sought more answers from the executives. heres how it played out. >> can you te...

First major developments out of president obamas long-awaited meeting with bp executives over at the white house. the oil giant has agreed to set up a $20 billion fund to pay victims of the worst environmental disaster in u.s. history. the account will be run by an independent third party, the washington lawyer, ken feinburg, who oversaw payments to families of 9/11 victims. bp is setting up a separate $100 million fund to compensate laid off rig workers. theyre out of work because of the six-mo...

So im not so sure how much power joe biden had when he came in there. b.p. knew they were giving up the $20 b before they went into that meeting. they agrees theyre not going to pay dividends to their shareholders for the rest of the year. what did b.p. get out of it? heres what they wanted. they wanted to make sure that the administrations six month moratorium on drilling, they wouldnt have to pay the other companies who no longer can drill in the gulf. thats huge. ok? they got that, i think. t...

People like yourself that thousands, tens of thousands of jobs will be lost here. the rig workers, cooks, support ships that help the rigs but you had a chance actually to speak to the president himself when he toured your parish. what did you say to him and what was his response? >> he was gracious enough to invite me into his vehicle when we were going to the beach. and, i had to take the opportunity to ask him to reconsider. just knowing what it would do to our economy, that it would devastat...

Big environmental disaster and hired dick cheneys former spokesperson as their best communicator. and of course, that was bp. >> to be fair, of course, all of the english-speaking people from bp did not do such a cracker jack job, as it was. but i must ask you this, regarding this entire -- the good news about the $20 billion package, the additional $100 million package about the rig workers essentially paying for a presidential decision there. why did, in your opinion, did the president speak l...

Make this kind of mistake was this big oil company that had a big environmental disaster and hired dick cheneys former spokesperson as their best communicator. and of course, that was bp. >> to be fair, of course, all of the english-speaking people from bp did not do such a cracker jack job, as it was. but i must ask you this, regarding this entire -- the good news about the $20 billion package, the additional $100 million package about the rig workers essentially paying for a presidential decis...

Nah, republicans didnt want to go along with that, they blocked that. president obama doubled the amount in a 20-minute meeting and republicans, well, they just couldnt do anything about it. he also made bp accountable for unemployed rig workers. >> additionally, bp voluntarily agreed to establish $100 million fund to compensate unemployed oil rig workers affected by the closure of the deep water rigs. >> its all about the method in getting the money. this isnt about style points at this point. ...

Latest updates on this topic.

Obamas katrina. coast guarded th ed tha thad al this head on. >> this is no katrina. one were levees and this is a wellhead on the ocean floor. after that, no comparison. >> youre satisfied with the federal response from minute one to where we are now? >> not only am i satisfied im accountable. we have been there saving peoples lives. >> reporter: environmentalists in general agree. >> the immediate response to stop the leaks were handled well. i think the president focussed his top brass attent...