FINANCE and INVESTING

BP’s leaking oil well will spill more than five million barrels into the Gulf of Mexico. A well designed collection dome could have stopped the leak within days. One week’s spill could have been mopped up with two advanced oil skimmers, if each vessel had been capable of collecting more than five thousand barrels per day. Neither the oil industry nor the U.S. Coast Guard was prepared for dealing with a well failure in deep waters.

In June of 2010 the US Media had everyone hot and bothered because our illustrious President was going to speak to the American people from the oval office. The American People all tuned in to listen to this great order read the Teleprompter once again – nearly 100 million people watching. In fact, his speech broke into games at the 2010 World Cup soccer tournament in South Africa. But no matter President Obama was going to address us, supposedly on the British Petroleum oil spill in the Gulf of Mexico.