Fiends in high places...

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ThunderDick
Well...the Bush administration has started handing out the contracts for post war tasks in Iraq. Oddly enough (chuckle), they have forgone the normal 'bid' process which is supposed to protect 'we, the people' from overpaying for services.....:retard: I'm sure glad he was so interested in putting that tax refund back in my pocket "because it was my money....
And, after all the smoke and mirrors, guess who the biggest winner was....


Halliburton at up to $7 BILLION
 
Fiends in high places
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Fiend? Are you talking about Clinton and his mistress habits?

You got a link or are you having another one of your pipe dreams?

By the way we sold precious Naval reserves to Occidental petroleum which happens to be Gores baby and by jigger wouldn't you know that Occidental supports the DNC in the order of hundreds of thousands of dollars or more?

How is it that Occidental fore went the bid process here?

Don't you think what is good for the jackasses is good for the Elephants?
 
outside looking in said:
my huose dosen' cost that much. seems like a lot
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The total contract is valued at $7 billion, but it was dependent on how much work they actually had to do. So far, they've only done about $50 million. That was for putting out the fires and repairing damaged well heads. I don't know, but I'm guessing the full $7 billion was a worst-case scenario on how much damage the Iraqis could do to the wells.

My information is coming from an article that someone else posted last week on this subject. A search over last week's posts should turn up the article.
 
that's the good bit about non-bidding contracts, the fixed price probably isn't there either.
 
I don't know. Being a Oil well kid I have known of Boots and Coots since a very young child. It appears that boots and koots are the ones who the government is going to use to combat the oil well fires. Interestingly enough they are partnered with haliburton. The opther thing is that they are the best in the buisness.

http://www.msnbc.com/news/883714.asp#BODY

A likely beneficiary of the deal is oilwell firefighting company Boots & Coots International


March 15, 1991
Firefighting efforts begin, led by four North American firms: Red Adair, Boots and Coots, Safety Boss, and Wild Well Control. About 750 wells were burned or damaged.
March-August, 1991
Teams from France, Hungary, China, Iran, USSR, and the UK join in had joined in the firefighting efforts. More than 10,000 workers from 37 countries assist in well control.
November, 1991
The last well fire is extinguished, concluding a job that some had expected to take five years.


Well Control Inc., with which Halliburton has had an alliance since 1995. Boots & Coots was a key player in the 1991-92 firefighting efforts in Kuwait.

Vice President Dick Cheney served as Halliburton’s chief executive officer from 1995 to 2000.
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http://stacks.msnbc.com/news/882109.asp

Holy smokes Cheneny has been planning on burning up Iraqi oilfields for 8 years. Isn't it ironic that they would use Boots and Coots since they did the Kuwaiti job last time also.

Beware the 'hellfighter' stock

Shares of Boots and Coots are up more than 250% this week. Too bad it might go bankrupt.
March 20, 2003: 12:08 PM EST
By Paul R. La Monica, CNN/Money Senior Writer



NEW YORK (CNN/Money) - Usually when a company says it is considering filing for bankruptcy, its stock plunges. Not Boots & Coots, a company that focuses on fighting oil well fires.

The stock has surged 325 percent since announcing that it might file for Chapter 11 bankruptcy protection on Feb. 18 and is up more than 250 percent this week alone, as of Thursday morning. More than 70 million shares changed hands on Thursday morning, seven times the stock's average daily volume.
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http://money.cnn.com/2003/03/20/news/companies/war_bootsandcoots/

http://www.thebullandbear.com/bb-reporter/bbfr-archive/boots.html


Anyone know if Boots and Coots went belly up yet? Even though they are aligned with Haliburton I see no reason why they should not get the job. Like I said they have been in the buisness for a very long time. And as it said above they were keyplayers in the exstinguishing the Kuwaiti fires. They obviously know what they are doing. They deserve the job.
 
There certainly no reason to have any competing bids. That kind of thing could bring the pricing down.
 
flavio said:
ol' man said:
flavio said:
There certainly no reason to have any competing bids. That kind of thing could bring the pricing down.
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Yeah your right. Why give the job to the most qualified!
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Sure, maybe we should give them a blank check too.
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Blank check, pigs flying, etc..... You got any links once again?

Where do you find this info?
 
regardless of how good b&c are the fact that there wasn't even an oppurtunity for other companies of equal or possibly better quality or value, from the us or abroad, is a bit dodgy.
 
ris said:
regardless of how good b&c are the fact that there wasn't even an oppurtunity for other companies of equal or possibly better quality or value, from the us or abroad, is a bit dodgy.
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Why don't you tell us who is better than B&C then?

I think they are at the top of the list when it comes to oilwell fires for knowledge and experience.

I think when it comes to peoples lives "quality" overcomes "value" also.

Well I guess this is just another horse shit accusation since there is no real evidence to back up this thread. I have not found anything. Only thing I found was that B&C were the ones to do it. Big surprise since they headed the op. in Kuwait.
 
i never questioned b&c's quality, i do not know enough about the field of well control to comment.

kbr, subsidiary of halliburton, were awarded the contract for the extinguishing of well fires without competitive tender. they put the award down to their ability to start at extremely short notice.
they have sub'ed the work out o b&c and wild well control. bbc

b&c were nominated subs from a non-competetive process. the reality is that kbr will work with those they already have a working relationship with [its the nature of large firms like that]. the well control companies themselves are not directly attributed to the uncompetitive process and there is nothing incorrect with nominated subs.

the very nature of an uncontested bid process, regardless of who is chosen, is itself dirty looking as it implies some sort of funny business going on.
 
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