Comments on: Costs of BP Oil Spill Compared With Exxon Valdez http://www.getmoneyenergy.com/2010/05/costs-of-bp-oil-spill-compared-with-exxon-valdez/ Canadian Dividend Stocks and DRIP Investing for Dividend Growth and Cashflow Sat, 06 Aug 2011 12:18:12 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: MoneyEnergy http://www.getmoneyenergy.com/2010/05/costs-of-bp-oil-spill-compared-with-exxon-valdez/comment-page-1/#comment-3794 MoneyEnergy Wed, 25 Aug 2010 23:25:17 +0000 http://www.getmoneyenergy.com/?p=5577#comment-3794 BP stock has recovered about 50% or so from the April-May declines, but it's still not back to where it was pre-spill. But it also doesn't seem to be in severe financial danger, at least based on the information we currently have. BP stock has recovered about 50% or so from the April-May declines, but it’s still not back to where it was pre-spill. But it also doesn’t seem to be in severe financial danger, at least based on the information we currently have.

]]> By: BankVibe http://www.getmoneyenergy.com/2010/05/costs-of-bp-oil-spill-compared-with-exxon-valdez/comment-page-1/#comment-3791 BankVibe Tue, 24 Aug 2010 21:35:15 +0000 http://www.getmoneyenergy.com/?p=5577#comment-3791 Good article on the BP Oil Spill. This really hit home for me. I don't believe it could bankrupt BP though, even if the cost of oil dramatically dropped. Good article on the BP Oil Spill. This really hit home for me. I don’t believe it could bankrupt BP though, even if the cost of oil dramatically dropped.

]]> By: MoneyEnergy http://www.getmoneyenergy.com/2010/05/costs-of-bp-oil-spill-compared-with-exxon-valdez/comment-page-1/#comment-3643 MoneyEnergy Mon, 31 May 2010 00:52:00 +0000 http://www.getmoneyenergy.com/?p=5577#comment-3643 It's really hard to say. At this point, honestly, I feel much more pessimistic about it following the topkill failure. Whatever happens, little good is coming to BP's share prices. It's hard to see any upside for them until the leak is fully stopped. It’s really hard to say. At this point, honestly, I feel much more pessimistic about it following the topkill failure. Whatever happens, little good is coming to BP’s share prices. It’s hard to see any upside for them until the leak is fully stopped.

]]> By: Kevin@OutOfYourRut http://www.getmoneyenergy.com/2010/05/costs-of-bp-oil-spill-compared-with-exxon-valdez/comment-page-1/#comment-3641 Kevin@OutOfYourRut Sun, 30 May 2010 23:00:26 +0000 http://www.getmoneyenergy.com/?p=5577#comment-3641 If they're unable to cap the leak for another three months that would be a major league complication. The next three months includes hurricane season! No telling what affect that will have on both the spill and on the efforts to stop it. Personally, I doubt it will be that bad. All efforts will be marshalled into correcting this, otherwise the consequences could be beyond imagination. One of which might be a temporary ban on offshore drilling, and that could affect oil prices for years. If they’re unable to cap the leak for another three months that would be a major league complication. The next three months includes hurricane season! No telling what affect that will have on both the spill and on the efforts to stop it.

Personally, I doubt it will be that bad. All efforts will be marshalled into correcting this, otherwise the consequences could be beyond imagination. One of which might be a temporary ban on offshore drilling, and that could affect oil prices for years.

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