Sunday, August 8, 2010

Please Let the Cement Dry First!

"There's a lot of oil and gas here" - Doug Suttles, COO BP
I want to see how long it takes before BP tries to extract oil and gas from the recently plugged Macondo well site. It is not realistic to think that this massive corporation called BP is going to just walk away from a possible 3 to 4 billion dollars. Estimates are that there is another 1.9 billion gallons or more still left in this well which translates in market share dollars close to 4 billion.

I know many cringe at the thought of too much government interference but recent history has shown that governmental controls are necessary to keep big business in check. What do you think?

Drill Again

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