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Monday, June 21, 2010 1:07:42 PM
http://www.petroleumworld.com/sf10062001.htm
"Exxon fought tooth and nail for its shareholders; it appealed court rulings for 19 years. Union Carbide wasn't settled for 25 years.
BP is rolling over like a simpering dog. Why?
The only reason I can think of is that the company knows — better if not as well as the Obama administration does — that it will get worse.
Much worse.
I've put together a list of oil cleanup stocks for the readers of my Crisis & Opportunity . Many are running, and one has pulled back into a solid buy range. Three more are on my buy list.
All I know is that this spill isn't even half over.
Oil in the Gulf will lead the news-cycle for the foreseeable future.
And the companies that make products that stop, absorb, or disperse oil have an endless supply of work.
Their share prices have nowhere to go but up."
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