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ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse

 
Anonymous Coward
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08/19/2012 02:03 PM
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ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
They don't understand how things work under Obamunist Fascism, apparently. They obviously didn't pay off the right Democrats, under the table, like other Companies have done!


"ATP Oil CEO Bulmahn wants the world to know that the Obama Administration—and its illegal ban on deepwater drilling in the wake of the BP disaster—is to blame for the implosion of his company. Not him.

“It is all directly attributable to what the government did to us,” he rails. “This Administration has gone out of its way to create problems for my company, the company that I formed from scratch.” He’s more than angry.

Bulmahn, 68, has already brought suit against the U.S. govern- ment seeking damages ($68 million to start with) for the 2010 moratorium that shut down deepwater operations in the Gulf of Mexico for the better part of a year.

In an earlier case brought by ATP and rig company Ensco, Federal District Judge Martin Feldman ruled in May 2011 that the feds “acted unlawfully by unreasonably delaying action” on drilling permit applications. Still, ATP has a long, winding road to any hope of recovering damages from the government (which says it’s protected from claims by sovereign immunity)."
[link to www.forbes.com]

This company had other problems, as well, but Obama's ILLEGAL drilling ban is the direct cause for the bankruptcy.

HOPEY-CHANGEY, SUCKAZ!!!
You voted for this, but did you realize that in 2008?

Or did you think Obama was just kidding?
Concerned Citizen
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08/19/2012 03:15 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Very interesting post. I would be interested in the number of company's that have the same issues with regard to the current administrations policy's. Will others follow suite with court actions against the current policies? I hope so.
Anonymous Coward
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08/19/2012 03:18 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
High energy prices are good for America according to Obama.
Anonymous Coward
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08/19/2012 03:21 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Anonymous Coward
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08/19/2012 03:41 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
I bet there are countless other companies that are in the same situation. They do not want to say anything because they will be punished more. Just wait till Obama becomes a private citizen again, then it will all come out.
Anonymous Coward
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08/19/2012 03:48 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
THEY DIDN'T BUILT THAT!
No Dhimmi
Proud Infidel

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08/19/2012 03:56 PM

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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Soros won electi
Limited Governme
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
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08/19/2012 04:09 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
These companies are probably the "small enough to fail" companies that will be absorbed by Exxon/Mobil or BP since they have O'bammy's nuts in their palms. Why would these companies think there's such a thing as free enterprise in the USA, they should be familiar with the game rules....their campaign contributions were too small.
Anonymous Coward
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08/19/2012 04:10 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
You didn't destroy your company, I did!

ohappy
Anonymous Coward
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08/19/2012 04:19 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
AmericanJedi

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08/19/2012 04:21 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
He's put many small businesses under in this Great Nation. He's a tiresome boor and an pseudo-intellectual thug. Of course, he smiles a lot, tells dumb mother fuckers what they want to hear, and keeps a lot of people focused on 'what Bush did.'

If he gets reelected we are more fucked than ever before. Of course, the alternative is a vanilla version of the mocha wonder.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Bluebird

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08/19/2012 04:28 PM

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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Well, he's vowed to bankrupt the coal industry as well without anything to take it's place.

This is going to make us all fold when the price of electricity doubles!
One of the most important aspects of conspiracy theories is being able to discern when there isn't one.

Oh yeah, like you'd understand anyway.

Where are we going and why am I in this handbasket?. . .J. Handy
Kirk

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08/19/2012 04:29 PM

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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
He's put many small businesses under in this Great Nation. He's a tiresome boor and an pseudo-intellectual thug. Of course, he smiles a lot, tells dumb mother fuckers what they want to hear, and keeps a lot of people focused on 'what Bush did.'

If he gets reelected we are more fucked than ever before. Of course, the alternative is a vanilla version of the mocha wonder.
 Quoting: AmericanJedi


^this^
Worry is a misuse of the imagination.
samanthasunflower

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08/19/2012 04:59 PM

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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
 Quoting: Anonymous Coward 1444339


That makes no sense. Romney is about as Conservative as Bill Clinton is.

Maybe you should get over your paranoia on what a Republican is.
Anonymous Coward
User ID: 22235804
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08/19/2012 05:01 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
 Quoting: Anonymous Coward 1444339


Speaking of delusions,
You can't really believe that, regardless of party, creed ,color or whatever.....that anyone making it to the presidency, is there for your benefit(?). The position is bought and paid for in advance by the biggest campaign contributions. These contributors are not your friends or have your best interest at heart, it's all about power and money, which most likely you have neither.
Anonymous Coward
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08/19/2012 05:15 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Gas needs to go to 7-8$ gallon, this should take care of moron (moran) democrat voters for good.
Poriwoggu

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08/19/2012 06:18 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
He's put many small businesses under in this Great Nation. He's a tiresome boor and an pseudo-intellectual thug. Of course, he smiles a lot, tells dumb mother fuckers what they want to hear, and keeps a lot of people focused on 'what Bush did.'

If he gets reelected we are more fucked than ever before. Of course, the alternative is a vanilla version of the mocha wonder.
 Quoting: AmericanJedi


Well, I believe our next president will have had some business experience. That should give us a much better result than a failed community organizer (how do you become president with that on your resume?) You appear to be excessively pessimistic about our next president.

Just to remind people about Obama's success at job creation:
[link to pjmedia.com]

Is that Mocha Wonder or Mocha Joke-a?


Last Edited by Poriwoggu on 08/19/2012 07:07 PM
Poriwoggu
Anonymous Coward (OP)
User ID: 19228212
United States
08/19/2012 06:19 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
 Quoting: Anonymous Coward 1444339


That makes no sense. Romney is about as Conservative as Bill Clinton is.

Maybe you should get over your paranoia on what a Republican is.
 Quoting: samanthasunflower


In today's queer media-run world, Jesus Christ would be called an EVIL REPUBLICAN EXTREMIST that hates jewish people, that wants to kill and enslave women, and wants to starve Grandma while throwing her off a cliff.

The extreme hyperbole from the Obamunists is SO predictable.
Anonymous Coward (OP)
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08/19/2012 06:21 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
 Quoting: Anonymous Coward 1444339


Only THREE WAYS TO CREATE WEALTH, Whackjob.

You Manufacture it, YOU MINE IT, or you create new efficiencies.

Drill here, MINE HERE< now.

Drill Gaia like a drunken prom date.
Anonymous Coward
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08/19/2012 07:01 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
bsflag
Poriwoggu

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08/19/2012 07:06 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Well, he's vowed to bankrupt the coal industry as well without anything to take it's place.

This is going to make us all fold when the price of electricity doubles!
 Quoting: Bluebird


Bluebird, you are too much of a sunshiny optimist.

42% of our electricity is from coal.

Think India, think "blackout".

The problem isn't that it will be expensive but that it will unavailable. You can have electricity or you can have an Obama reelection.
Poriwoggu
Anonymous Coward
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08/19/2012 07:25 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
They're filing bankruptcy, taking with them, much of my child's college fund...

Thanks Obama!
Anonymous Coward
User ID: 19852008
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08/19/2012 07:53 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
I'm sorry for those who are affected. I've worked in the oil and gas industry too. It's volatile, big paydays, then big downturns.

"Jobs" is not sufficient reason to risk another Deepwater Horizon disaster, any more than it's a sufficient reason to frack our deep rock structure and weaken the land we live on and use.
Anonymous Coward
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08/19/2012 07:54 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Well, he's vowed to bankrupt the coal industry as well without anything to take it's place.

This is going to make us all fold when the price of electricity doubles!
 Quoting: Bluebird


Bluebird, you are too much of a sunshiny optimist.

42% of our electricity is from coal.

Think India, think "blackout".

The problem isn't that it will be expensive but that it will unavailable. You can have electricity or you can have an Obama reelection.
 Quoting: Poriwoggu


He's permitted a few new nukes.

That seems to be the idea, our baseload is served by nukes rather than coal. The coal plants are deemed too dirty, the nuke plants that create Fukushima risk are not.

I hate Obama with his anti-coal crap.
x
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08/19/2012 08:24 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Oil company loses? Good news! Kudos to Obama! Another 4 years (of the lesser evil).

Do you bright people think Romney would do better? If so...nothing to say...
Anonymous Coward
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08/19/2012 08:25 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
ok, so we should have just let them keep drilling while one of the worst oil spills of all time was going on in that area? Fuck that.

The right thing to do was to shut down drilling until they figured out was going on. It would have been irresponsible to allow operations to continue as normal without knowing the details of the situation.

And listen, if you can't make it in the oil business right now, then you have no reason to be in business.

Boo hoo...

whatever
s. d. butler

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08/19/2012 08:27 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
 Quoting: Anonymous Coward 1444339


There are ways to, as you put it, "dig, strip, burn etc" safely and using environmentally sound methods.

Industry does do this.


The trouble is, people like you think things like computers and cars just magically appear. Either that or you desire the destruction of america.


Or you don't understand that someone has to produce something tangible and that wealth ultimately comes from raw materiels.

Or you are a tax feeder who doesn't understand that in order for you to keep on tax feeding the producers have to produce. If you kill the host then you, the parasite, will die.


But then most parasites aren't intelligent enough to make that connection.

Right now the regulatory, tax and permitting burdens make it nearly impossible to do anything.

Keep it up and we'll all (except for the elite) be living in squalor and misery.

Of course that is obama's intention. And romney's too for that matter.

Last Edited by s. d. butler on 08/19/2012 08:29 PM
Anonymous Coward
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08/19/2012 08:34 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Right now the regulatory, tax and permitting burdens make it nearly impossible to do anything.
 Quoting: s. d. butler

drama queen...
s. d. butler

User ID: 974819
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08/19/2012 08:36 PM
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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Right now the regulatory, tax and permitting burdens make it nearly impossible to do anything.
 Quoting: s. d. butler

drama queen...
 Quoting: Anonymous Coward 12599570


Sorry guy I have direct experience. If the best you can do is call me a name....

What kind of tax parasite are you by the way?

Last Edited by s. d. butler on 08/19/2012 08:47 PM
General Lee

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08/19/2012 08:40 PM

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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
ATP has no one to blame but their geologist...They wasted tons of money digging places that were bad digs and have no one to blame but themselves. Their methods did not meet standards set after the BP spill thus stopping them from continuing exploration...Many new Geologist were told to stay away from this company for this exact reason...
ruxpin

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08/19/2012 08:44 PM

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Re: ATP Oil Exploration Files For Bankruptcy, CEO Blames Obama DIRECTLY For Company's Collapse
Yeah, we should all vote for Romney, right?
Romney/Ryan "Believe in America." Ah, I mean, "Believe in Pollution."
All Romney/Ryan will do is dig, strip, burn, pour, squeeze, explode, and destroy everything in site.
Then when they are through, your kids and garand kids will have to deal with all the pollution and illness. Just so some A$$ Holes can fill their Delusions of Grandeur and psychotic
need to control everything.
 Quoting: Anonymous Coward 1444339


Yea, and you keep using your computer, driving your car, running your heat/air conditioning and watching TV. Go live off the grid then come back here and bitch about how you get your power, until then, STFU.
I only believe half of what I read and even half of that is bullshit.

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