Tuesday, November 2, 2010

BP lifts cost for spill, denting quarterly profit

The oil company BP, that was responsible for the oil spill catastrophe in the Gulf of Mexico, has increased the cost for the oil spill by almost 18%. The $40 billion dollar charge that they have taken may be far great or far too small of a number for the total amount of damage costs done by the oil spill. BP along with its partners will share the cost of the oil spill but if neglegence is found on BP's part, they will face the entire bill alone.

BP should have to take the entire responsibility for the oil spill. They shouldn't have to rely on their partner's help to pay off the bill. They were the people who decided to drill a hole in the middle of the ocean and cause one of the greatest disasters in the Gulf of Mexico since Hurricane Katrina. They were the one's who killed off some of the worlds greatest everglades and it's wildlife. They continue to say how sorry they are on television, but that is all that I'm seeing. They moan and groan on TELEVISION. Stop telling me how sorry you are and do something! I want to see results, not a guy dressed in fancy clothes telling me how much he's PLANNING to help out victims of the oil spill. They should help give money to the victims because they have lost a lot of their financial stability when the oil spill affected their jobs.


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