BP Complaints

Energy Stocks: BP lifts shares of petroleum producers
Energy stocks fell Wednesday as the blown-out well in the Gulf of Mexico dominated headlines, oil prices fell and as shares of BP PLC weighed on the sector.
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European Stock-Index Futures, Asian Stocks Climb; Rio May Gain
June 16 (Bloomberg) — European stock-index futures climbed after the Stoxx Europe 600 Index yesterday erased its loss for the year. Asian shares advanced to a four-week high and U.S. futures retreated.
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U.S. Stocks Drop, Sending Benchmark Indexes to Four-Month Lows
June 5 (Bloomberg) — U.S. stocks fell this week, dragging the Dow Jones Industrial Average below 10,000, as lower-than- estimated jobs growth and a worsening government debt crisis in Europe fueled concern the global economic recovery will slow.
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Energy Stocks: Oil drilling stocks drop on offshore ban
Oil drilling companies’ shares fell hard Friday as the prospects for an offshore exploration moratorium hung over the sector in the wake of the Deepwater Horizon disaster in the Gulf of Mexico.
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U.S. Stocks Retreat as Spending Trails Forecast (Correct)
(Corrects percentage change for oil yesterday in third paragraph after “Offshore Drilling” subhead.) May 28 (Bloomberg) — U.S. stocks retreated, with the Standard & Poor’s 500 Index paring yesterday’s 3.3 percent advance, after personal spending trailed economists’ forecasts and energy companies dropped on President Barack Obama moratorium on new deepwater drilling permits.
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U.S. Stocks Fall as Spending Trails Forecasts, Drillers Decline
May 28 (Bloomberg) — U.S. stocks retreated, with the Standard & Poor’s 500 Index paring yesterday’s 3.3 percent advance, after personal spending trailed economists’ forecasts and energy companies dropped on President Barack Obama moratorium on new deepwater drilling permits.
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BP is very, very concerned about the oil-spill in the Gulf. After circumventing governmental regulations, and paying off the regulators, in order to save $ 8 million bucks for this particular drilling project in the short run, they are now facing billions of losses, a 13% drop in their stock price.and YES, they are very concerned. You betcha! So, as the article stated: no, not even the oil industry’s most fervent apologists, is making light of this accident. Except, that this accident would have been entirely preventable, had it not been for short-term profit concerns in the first place. This is an industry, which has resisted alternative and renewable energy for DECADES, because its just too profitable for the time being, and other infra-structure investments may cut into their profits instead of making long-term investments far into the future. They do not care about the planet or its inhabitants long-term, all that matters are their stock portfolios on Wall Street. Is BP another company TOO BIG to fail? Why do you think, that the people of Greece are so pissed off? Or do you think these people are taking to the streets, supporting a General Strike just for the hell of it? Decades of progress for ordinary people are being taken away from them, because the elites lined their own pockets on the backs of working people and they are angry. And rightfully so. Irregardless of Peak Oil, which is debatable, we continue to pollute the entire planet with outdated hydrocarbons …

Digging Coal Mining Stocks
Despite the horrible disasters that have plagued the industry this year, many coal stocks deserve attention.

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Washington Post

Stocks to watch: Gulf cleanup may be opportunity The Associated Press The Massachusetts-based company expects that number to rise as the oil hits beaches, according to McKim. "There is a pretty clear line from this disaster to … Playing the Oil Spill With Clean Harbors (CLH)Benzinga Stock snaphot: Clean Harbors Inc. (CLH)The Associated Press all 107 news articles »

View full post on gulf oil disaster updates – Google News

Stocks to watch: Gulf cleanup may be opportunity
With the exploded well in the Gulf of Mexico continuing to spew 200,000 gallons of oil a day, the cleanup has already cost BP $450 million and it’s by rising $10 million a day.

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