BP is Running

As reported by the New York Times today , top kill or the-new-failure, was unsuccessful in stopping the leak of oil. This crisis has fallen on the head of someone who really does not deserve it , President Obama. This is a problem that happened in the market and blame should truly fall on BP, not Obama. However, no matter who is blamed, the crisis is one not only of oil but of information. This leak has shown the Oil market as a whole may not be ready to fix all of their messes. Best estimates put the hemmorhage from stopping in Mid august, but no one seems to know. What is for sure; we are floundering in oil and there is no foreseeable wat up.

By David DePino