Replies to post #323177 on $Stock*Shop*Charts*News*Option$

[DewDiligence]

How much power does the US government have over a foreign company with assets flung across the globe, and carefully protected through a web of local corporations?

In the case of BP, the feds have a lot of power indeed. Compared to other “foreign” members of Big Oil such as Shell and Total, BP has a much larger proportion of its assets in the US.