BP's Tatics in Cape Vincent Ny

Wednesday, April 3, 2013

BREAKING NEWS!!!!!!!! BP puts U.S. wind farm arm up for sale

LONDON (Reuters) - BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments while oil and gas projects offer them better returns.
The British oil company has already sold or earmarked for sale some $38 billion worth of assets, partly to raise funds to pay for its 2010 U.S. oil spill liabilities, but also to reposition itself as a smaller, leaner company with an emphasis on high-margin oil production and exploration. Reports said the sale could raise a further $1.5 billion.[Reuters]

This latest action on BP’s part leaves many unanswered questions .

What does this mean for Cape Vincent?
Is this the final chapter of BP’s sordid history in Cape Vincent? 
Will BP continue with the Article 10 process?
Will Marion Trieste continue her non- traditional Public Outreach ?
Will the lease holders be left twisting in the wind?
Will Richard Chandler be collecting unemployment?

Who in their right mind would want to get involved with BP’s Cape Vincent Wind Project?


Anonymous said...

"Who in their right mind?"

Perhaps Andrew Cuomo with the approval of his lap-dog legislature will purchase the Cape Vincent wind farm, as a prototype for state-owned renewable energy. How better to implement his socialist energy policy, and complement his heavy handed ART.X permitting process?

Yeah, he is that stupid.

Stay Focused said...

Will the Thousand Islands be spared from government sponsored gang rape? Now there is more reason to hope. Keep your guard up!

Anonymous said...

Who do you think we will battle next if BP pawns off the Cape disaster?