think I saw an alert saying that offshore drilling in now on hold at least temporarily
On Fri, Apr 30, 2010 at 11:06 PM, Judah McAuley <[email protected]> wrote: > > BP might have insurance to cover their cleanup costs and loss of oil > revenue (I don't know) but I think the concern is that this accident > will bring further scrutiny at a time where big business is under > greater pressure than they have been in some time and re-regulatory > zeal is picking up. The public relations damage could be significant > and if it dampened down the drive to increase off shore drilling along > with more substantial regulation of energy trading, safety and > environmental regulations, etc., it could have a material impact on BP > for a longer time period than an accident like this would have in > think I saw a lation. > > Judah > > On Fri, Apr 30, 2010 at 9:21 PM, Jerry Barnes <[email protected]> wrote: >> >> As an aside, BP stock price is plummeting. >> >> I am not sure, but one would think BP has insurance for this type of >> catastrophe. Their bottom line really shouldn't be effected that much. So, >> If their stock was worth 65$ last week and $40 next week, does it really >> mean that the company isn't worth as much as it used to be? >> >> Or does it mean, it will be a great pick up for a lot of people who wait for >> the nadir? >> >> >> > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:317046 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
