How BP CEO Tony Hayward personally profited from ordering millions of gallons of Nalco Corexit to spray the gulf and hide the evidence.
“Read Between The Lines America”
There is a very interesting backdrop on NALCO. Does anyone know where the BP CEO Tony Hayward moved off to when he left our coast? Most people don’t know and here is the story and how it ties back to NALCO. We have followed all this with interest and have other clients who made biodegradable detergents and remediation products and BP reneged on their product orders after the EPA did a 180 on the initial order that BP desist usage of NALCO due to toxicity concerns.
The guy who runs NALCO is a fella named Rodney Chase. He is the one who sold several million gallons of Corexit dispersant to BP for this spill. This product, as we all know now, emulsifies and hides the amount of oil from a well, particularly if injected at the opening a mile below the surface ( so then you can lie about how much is coming out and reduce your CWA violation penalties). To no surprise, Chase was the former Chairman of BP until a few years before the spill. He and Tony were friends, and Tony was one of Lord Browne’s “turtles in training”. So what does that all have to do with anything. First, BP wanted Nalco, in spite of the known toxicity issues with Corexit, and the unknowns of heavy use of Corexit and its’ long term impact in health and ecosystems. BP was talking to other manufactures about ordering biodegradable dispersants from them after this spill because the EPA initially advised BP that they were not going to be able to use it out of the health and ecosystem concerns. Subsequent politics changed this landscape and initial government positions, including the suspect role our USCG had. As a consequence, good producers were left holding the bag, including huge unfilled orders of alternative products.
All that aside, Tony and BP make Chase a lot of money in the GoM oil spill. Hundreds of millions of dollars in orders for Nalco dispersants. Then Tony leaves BP and goes to work for an upstart energy company called Genel. Again to no surprise, Genel’s big financial play is selling oil out of Iraqi, where they have cozy relations with the locals (due to the influence of the British Government-our only ally in the war to take their oil in the first place. BP owned all the oil in Iraqi back a 100 years ago when they were called the Anglo-Persian oil company and have always wanted their oil back).
So what does that have to do with anything? Look at who the Chairman of Genel Energy is that hired Mr. Hayward to a multi-million dollar job after leadership wrecked the Gulf of Mexico. None other than his friend, and Nalco owner, Rodney Chase. Yes, Tony Hayward is now the CEO of Genel Energy. The same guy who “wanted his life back” and who was “never going to leave until the job was finished”. This is all typical of the incestuous relationships in under our new world order.
Now on July 20 2011 the company Ecolab agreed to buy Nalco for 5.4 Billion, and in 2011 Ecolab was named one of the “World’s Most Ethical Companies” by Ethisphere magazine.
Warren Buffett, Maurice Strong, Al Gore, Soros, Apollo, Blackstone, Goldman Sachs, Hathaway Berkshire all had large holdings in Nalco.
Bill Gates owns 25% of Ecolab though his investment companies.