Home › Forums › Other › OT – Why can’t they stop the oil leak? › briansd1 wrote:If this
[quote=briansd1]If this continues, BP might go bankrupt. And the drill-baby-drill movement will be dead, even among conservative Southerners.[/quote]
Not much chance of BP going bankrupt…
http://www.bp.com/extendedgenericarticle.do?categoryId=2012968&contentId=7061409
BP’s first-quarter replacement cost profit was $5,598 million, compared with $2,387 million a year ago, an increase of 135%.
Currently there is a cap of $75Million on BP’s liability (likely to be changed by Congress)… I’d say they’re still pretty darn profitable.
