BP To Begin Scaling Back Oil Cleanup

Filed under: Good news, From the Boards, BP p.l.c. ADS (BP), Oil

Two weeks ago, BP plc (BP) was able to stop oil from spilling into the Gulf of Mexico. The company announced today that it was time to being scaling back on the cleanup process.

Since the spill began back in April, there has been over eleven million feet of boom deployed in the Gulf, but these only last for a certain number of tide cycles, and in areas where the company feels that beaches are not in danger, the boom will be removed.

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BP To Begin Scaling Back Oil Cleanup originally appeared on BloggingStocks on Fri, 30 Jul 2010 17:00:00 EST. Please see our terms for use of feeds.

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