Thanks Waross. It wasn't really an offhand comment though. I thought about the situation and became quite outraged. If I were to make an offhand comment, it would be that I think I understand what a free market is much better than EngrTX. I learned what a free market meant, honestly trading marbles in second grade; not on Wall Street.
The plain facts are that
this situation was not created by a free market and I think 4X $ is prima facie evidence that there's some profiteering going on. Profiteering is illegal, period. Here's the facts about a free market. Its easy to understand.
If I made a super huge order, I'd get a super huge price discount. That's what happens in a free market. Sorry EngrTx, but that's the way I see it. Seems simple to me. Maybe something's blinded you. What happened, you have too much of BP stock in your retirement portfolio?
I really can't believe that there are people thinking like this, but then I live in a fantasy world. A place where if the GOM goes black, the sky falls in and the tsunami arrives, I don't think, "Hey what a "f*(&(*~@# fantastical opportunity" to make some a
$$$$$$$". And I don't mind people making honest money. "Short BP" is my thread. Heck.. I even told you how to do it. Look at the date. But when it comes to profeteer's Gold or the Environment... Humm. That's a no-brainer. If there's anybody that thinks otherwise about this, I'd suggest you screw it on tighter before you go walking around, or pretty soon you're not going to have anywhere you'll want to go walking around.
As far as the solution to this boom thing, IF I was the govenor, I'd have the state police over there locking down that place straight away and I wouldn't hesitate a NY second declaring martial law and throwing the owners in jail immediately. MY emergency management team and EngrTx would be staffing it 25/8 with the National Guard to make sure that all the booms necessary were produced and sold on BPs credit at a reasonable price and the previous owner didn't get a **UK** £ for it. IMO, THIS "spill" is nothing short of a national emergency and EngrTX and a whole lot of other people need to start thinking like it is and declaring one, instead of lecturing me what a free market is all about while they let profiteering anos rip off the American people and what's left of the environment. Is that your idea of a free market? But I'm living in fantasy world, so what do I know? But I think I do know that I prefer fantasy to the, "Anything goes, if you can make a buck", of your world." That's probably how all this mess got started to begin with. Geez!
"We have a leadership style that is too directive and doesn't listen sufficiently well. The top of the organisation doesn't listen sufficiently to what the bottom is saying."
Tony Hayward CEO BP
"Being
GREEN isn't easy." Kermit