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To: Eva
Marine is a very lucrative end of the business and BP is precluded from getting in on it

That is not true. Why do you not read the links I posted to you.

To comply with the law, BP charters a fleet of ships for its Alaska trade and oversees transportation performance. Most Alaska oil goes to BP refineries in Cherry Point, WA, and Carson City, CA. The Alaska Tanker Company (ATC), based in Beaverton, OR, operates BP’s tankers. BP owns 25% of ATC, and as an owner/director, establishes Health Safety Security and the Environment (HSSE) performance criteria based on BP standards. BP tracks ATC performance monthly.

Of the eight tankers in ATC's BP-chartered fleet, three are double-hulled and another four have double bottoms. Two vessels are on long-term charter to ConocoPhillips.

Marine transportation, BP

38 posted on 12/20/2005 3:52:21 PM PST by thackney (life is fragile, handle with prayer)
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To: thackney

I should have said that BP is precluded from operating. Alaska tanker company is the straw company that I mentioned. Due to the Jones act, no foreign company can
own and operate a shipping company that operates between US ports. Alaska tankers was set up to take over ARCO Marine, because BP wasn't allowed to operate it. But the gov't wouldn't even let that happen and made them sell it along with the Alaska interests to Phillips.


41 posted on 12/20/2005 5:48:25 PM PST by Eva
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To: thackney

I should have said that BP is precluded from operating. Alaska tanker company is the straw company that I mentioned. Due to the Jones act, no foreign company can
own and operate a shipping company that operates between US ports. Alaska tankers was set up to take over ARCO Marine, because BP wasn't allowed to operate it. But the gov't wouldn't even let that happen and made them sell it along with the Alaska interests to Phillips. Alaska tankers has built some new double hulled tankers but they don't compare to the ones that CONOCO has. BP is so cheap that they didn't even put in an elevator.


42 posted on 12/20/2005 5:51:54 PM PST by Eva
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