BP lost billions more in market value Tuesday when shares fell steeply in the first trading day since the company failed yet again to plug the worst oil spill in U.S. history, as investors realized the best chance to stop the leak was months away and there was no end in sight to the cleanup.
BP is declaring failure in its latest attempt to plug the uncontrolled gusher feeding the worst oil spill in U.S. history, Yet another mix of risky undersea robot maneuvers, containment devices and longshot odds is being prepared to fight the uncontrolled gusher feeding the worst oil spill in U.S. history.
Today’s new phrase that news anchors love to repeat is: Top kill. No, it’s not related to Call of Duty: Modern Warfare 2 — it’s BP’s new solution to that pesky oil leak, which basically first involves pumping in drilling fluid to stem the flow of oil and then pouring in at least 400 tons of concrete on top. Fingers crossed! Click below to find out how it works. Read More ›
