I think they have enough pressure at this point. $970 million spent as of a few weeks ago. I'm sure there's going to be some major layoffs with the company as part of their recovery process.
Thats nothing, at one point in 2009 they were making £55 a SECOND IN PROFIT.
Thats £3300 a minute,
£198000 an hour,
£4752000 a day,
£33264000 a week,
£133056000 a month
I predict that because of this cruder oil prices are going to skyrocket, so if we assume that BP makes approx the same, $970,000,000 is approx £658,425,464.84 with today's exchange rate so it will take them only 4.94 months to make enough in profit to counteract what they have spent.
Obviously my calculation is way off as their not making £55 a second at the moment and their going to have to spend a lot more, but you get the picture, $1000,000,000, is not really that much for BP. They'll bounce back in a while.
