^ It had to happen... The rabid, knee-jerk response which we have expected... This act officially shuts down a multi-billion $$$ a year industry and 30%+ of future oil & gas reserves in the GOM... Not to mention the lost jobs, repressed gulf coast economy and reduced tax revenues...
BP will not be able to survive as a company once the smoke clears and all of the facts are laid to bare... For a company with the worst safety record in the industry, they have done this to themselves...