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Politics : Sioux Nation
DJT 17,535+1.0%Jan 2 9:30 AM EST
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To: Ron who wrote (190476)4/29/2010 2:13:52 PM
From: stockman_scott   of 362019
 
The market is speaking...British Petroleum has lost over $25 Billion in market cap since the start of this major new Gulf oil spill...The market may be forecasting a worse spill than the Exxon Valdez accident with huge costs and lots of unintended consequences for BP (and potentially for some of the other large publicly traded drilling firms). It's a shame this accident had to happen BUT it may provide the president and Congress with a much needed wakeup call. Offshore drilling for oil is never as safe as the oil company executives claim it is. We can't drill our way to energy security -- and no technology exists to do it safely.
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