BP’s murkey deep water future
Not only did the virtually impossible happen — a blowout on the Gulf of Mexico seabed a mile down — it happened to a top-notch oil team. BP’s debacle is the U.S. oil industry’s most serious setback, undercutting nearly 60 years of incremental progress in offshore drilling, and it could crimp future output from ultra-deep water, the source of an increasing share of America’s — and the world’s …
CNN Money – May 11 8:48 AM
Article Link @ http://money.cnn.com/2010/05/11/news/companies/BP_murky_future.fortune/index.htm?section=money_latest
