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BP Buys "Oil Spill" Search Term
technology_dude found an unsurprising but amusing little story that BP is buying keywords on Google and Yahoo for things like "Oil Spill" to help spin some damage control. I guess if you can't plug your spill, the least you can do is try to clog the flow of information.
Hell yeah!
But I guess they're doing pretty well so far with their coverage on bp.com and using dispersants to keep most of the spill at depth and keeping away science vessels so they're free to misunderestimate the true magnitude.
Science vessels? According to Newsweek, it's photographers and people looking to document the damage that BP is turning away. Now that's some unadulterated bullshit "damage control."
I heard on NPR that some people looking to investigate beaches were turned away by policeman and when they asked the policemen who was paying them to do that the policeman said they were off duty police officers employed by BP. I don't know if that's true or if the people are lying but the stinks worse than crude if it's the truth and I hope the US AG criminal investigation gets to the bottom of that.
My work here is dung.
I hate to even ask but have you gone to the site they linked to their ad? http://www.bp.com/bodycopyarticle.do?categoryId=1&contentId=7052055&nicam=USCSBaselineCrisis&nisrc=Google&nigrp=Non_Branded_Crisis_Management-_General&niadv=General&nipkw=oil_spill
It isn't a terrible site. It is clearly marked as a BP site as well.
No Astroturfing just a site about what they are doing.
Totally expected and frankly people would be screaming if they had not done it.
They also have live feeds from the ROVs which seems pretty cool
This is so not a story but hey what do you expect?
See my blog http://ilovecookes.blogspot.com/ for light hearted technical information.
You do realise that they've bought an ad space, they're not paying to bury all the other organic search results. It's one ad that appears in the clearly marked sponsored area and links to a page that gives some information about how they're trying (and failing) to do anything, with some webcams and a pitiful "have you got any ideas to help?" request. It's hardly preventing people finding the information they want, any more than Dulux are trying to destroy our cultural heritage by preventing us accessing information on the great artists because they show an ad when I search for "painting".
How exactly can the PR and marketing department assist a mile underwater?
use their bodies to plug up the well?
Honestly it's the best use for marketing and PR people....
Do not look at laser with remaining good eye.
BP has already suffered a near crippling blow. They have lost *100 billion* dollars in market cap. ... 10s of billions of dollars in additional market cap wiped out.
Oh noes, not market cap! That's the thing about market cap -- it can be wiped out instantly, but it can come back too, and the only people who lose anything are the ones who sold while it was down. If BP was planning on buying out a smaller oil company using shares of their stock, well, now would be a bad time to do that. Oh noes!
In the meantime, BP continues to make real profits to the tune of tens of millions per day.
I'm not saying it's not a blow, but it's hardly crippling. Companies can continue to operate and make substantial profits even after tremendous stock price drops. And if BP does continue to make money, then their stock price will recover.
And the sad thing is that the "punish BP" bloodlust is just going to result in thousands of decent Americans who work in the energy industry losing jobs in the inevitable restructurings that will come, and those jobs will end up going elsewhere, since we still will be consuming the oil here.
It's an odd mentality, where the cause-and-effect here wouldn't be the obvious "Executive negligence in their company losing many jobs", but rather "the public caring that the executives cut corners and ignored signs because it would cost time and thus money resulted in this disaster, and subsequent job loss".
Yes, obviously the solution is that we should not care!
No. If people attributed cause and effect correctly, maybe we'd get some real change around here.
Top execs will already pay the price when they get the boot from their cushy jobs for the poor oversight they have exercised. If they did something criminal, they should be prosecuted too.
Oh noes they'll be fired from their cushy jobs! They might have to lay low living off their scant millions for a while before getting a cushy VP job somewhere else because the last thing the incestuous network of corporate executives and board members want is to raise standards.
Nothing short of criminal prosecution will be any kind of real punishment. I'm not holding my breath on the end result, but at least one thing is going right.
But this ... obsession ... with personalizing "BP" as some sort of entity that has committed an evil act that we can "punish" in any way further than has already been done is baffling to me. People - it's *been* punished.
Yeah, by only making half as much net profit -- estimates of BP's efforts at cleanup and stopping the leak per day are about half of their net profit per day.
Oh, the punishment! Their Q2 and Q3 earnings statements will be less glowing! They may be penalized in the market, until the expected profits return! Please. Call me when they go into the red, even for a single quarter.
By the way, the obsession with personalizing a corporation as some sort of entity unto itself has been the obsession of the corporate executives since early last century. Is it any wonder that we have bought into the delusion that "BP" can do anything on its own? "Corporate personhood" is their baby.
If you want to end that delusion, I'm all for it. But realize that the executives themselves are on the other side of this one from you, as is for that matter the law.
The enemies of Democracy are