Friday, 28 May 2010

Gulf of Mexico Oil Spill.

Yes I know I said I wouldn't talk about it but there are I couple of things I think I should make clear.

Firstly at a leak rate of around 77,000 barrels of oil per day and a market price of around $80 per barrel BP is losing around $6.5million a day in oil alone. Therefore think the only reason the leak hasn't been plugged already is because nobody knows how to.

Secondly if you're thinking about a sabotage conspiracy theory it is worth noting that British Petroleum (BP) is basically a corporate arm of the British Monarchy. That Monarchy despise Barack Obama. Obama's party is facing re-election in November. This oil spill is making Obama look bad.

Personally I think it's an accident and just one of those things.

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