Tuesday, August 08, 2006

British Petroleum... Indeed!

So, years ago, there was a good little oil company - Standard Oil of California. Now granted, it was originally Standard Oil - which the anit-monopoly people forced into Standard Oils of California, New Jersey and Indiana. Which turned into Exxon, Standarad and SO of California was purchased by Atlantic Richfield.

Now Atlantic Richfield was a crappy name for a California company so they became ARCO.


ARCO did many things. They were the first to remove credit cards in order to cut costs. The first to accept debit cards. And they had the lowest costs base and the lowest prices for years. They were a boon to a young boy with a thirsty Mustang.

They were also the company that started to dril in Alaska. They had a perfect record of no oil spills (that was an Exxon tanker). They built the pipeline with allowances for animals to migrate across it. They shipped their gas to Los Angeles and all was good in the world.

And then, British Petroleum bought them. Oh, one may change their name to BP to fool us. And they may keep the stations in California as ARCO - but purchased they did. And how are they as stewards of the land, the oil and the consumers?

There was a big spill in Alaska's Prudoe Bay this year (where the stuff pumped). And they just turned off the pipeline because they haven't fixed the rust in years.

Hummmmmmmmmmm