BP - off the hook ? ...and a BUY ?

1echidna

More at http://www.cnn.com/2010/US/05/08/gulf.oil.spill/index.html?hpt=T1

1echidna

This hydrates problem seems to me to be one that could have been designed for. If the Americans had the solution, could be bad for BP.

StevieJ

Interesting if disconcerting article, could BP assets be nationalised?

http://oilprice.com/Environment/Oil-Spills/The-Cover-up-BP-s-Crude-Politics-and-the-Looming-Environmental-Mega-Disaster.html

sabretoothtigger

Iran did that in 1979

1echidna

Gulf of Mexico oil slick: BP to blast well with high-pressure debris

http://www.telegraph.co.uk/earth/environment/7703287/Gulf-of-Mexico-oil-slick-BP-to-blast-well-with-high-pressure-debris.html

I am a technical sort of person but sure don't really understand this bit of technology.

1echidna

Bloomberg

BP Investor Sues Directors for Lapses Over Gulf of Mexico Spill

http://www.businessweek.com/news/2010-05-09/bp-investor-sues-directors-for-lapses-over-gulf-of-mexico-spill.html

Might change the fashion for directors to boast about cost cutting.

1echidna

If you want a scary scenario read http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_B/threadview?m=tm&bn=26496&tid=71852&mid=71852&tof=1&frt=2

StevieJ

1echidna wrote: »

If you want a scary scenario read http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_B/threadview?m=tm&bn=26496&tid=71852&mid=71852&tof=1&frt=2

If the deposit stretches under the mainland why do they drill at sea?

1echidna

StevieJ wrote: »

If the deposit stretches under the mainland why do they drill at sea?

Yes and I can't quite imagine that these days they don't design against drill string failures in the event of blowout.

sabretoothtigger

Rednecks show the brits how to clean up their mess the old fashioned way

http://www.youtube.com/watch?v=k5SxX2EntEo