Author Topic: BP Stock Price Dives as Oil Leak Continues  (Read 682 times)

pioneer

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BP Stock Price Dives as Oil Leak Continues
« on: June 01, 2010, 10:37:19 PM »
Oil giant BP's share price has fallen nearly 17% to £4.12, its lowest level since March 2009.

The sharp sell-off came as the firm's so-called "top kill" bid failed to plug the massive spill from its leaking well in the Gulf of Mexico.

There are fears the leak will now go on for at least another two months, until relief wells can be drilled.

BP said that the total bill for the clean-up already stood at $990m (£684m) - bbc

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statesville

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Re: BP Stock Price Dives as Oil Leak Continues
« Reply #1 on: June 02, 2010, 09:41:55 AM »
They mentioned  that possibly by August it will be capped,
  the damage is so severe and could be worst in the next 2 months.
 

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Re: BP Stock Price Dives as Oil Leak Continues
« Reply #2 on: June 02, 2010, 01:31:17 PM »
Oil giant BP's share price has fallen nearly 17% to £4.12, its lowest level since March 2009.

The sharp sell-off came as the firm's so-called "top kill" bid failed to plug the massive spill from its leaking well in the Gulf of Mexico.

There are fears the leak will now go on for at least another two months, until relief wells can be drilled.

BP said that the total bill for the clean-up already stood at $990m (£684m) - bbc

BP has the state- of- the- art equipment.The sooner the better if they fix this mess.They have another worries.A lot of people in the U.S. choose not to gas up their cars in a gasoline station owned by BP.Me , I don't care where to buy gasoline,either that or walking because my car has no gasoline.

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