Thursday, June 17, 2010

The Question Behind the BP Oil Spill

With 2009 profits (that's right, profits), exceeding $16 billion dollars, you would think that BP could afford to write checks left and right to the people whose livelihoods depend on a viable environment along the Gulf coast, but they're not.  I hear that getting some compensation from these people is like pulling teeth.  Now what really puzzles me is the fact that gas prices have been on a steady decline for the past couple of weeks.  I am not certain how this plays in the whole oil spill scenario, but consumers had better beware.  I have always known that oil prices determine gas prices and those prices are based on supply and demand.  (to be continued)

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