Since BP (NYSE:BP) successfully put a containment cap on the oil well in the Gulf of Mexico, they've been able to keep 320,000 barrels of oil from spilling into the region, most of that from collecting an reselling it, but some from burning it off or flaring it, once the second ship brought into the area was put into action, which isn't able to collect or process the oil and gas, so must burn it.
With Obama under fire for golfing while the Gulf oil spill continues to spew, and BP CEO Tony Hayward for taking brief respite in order to watch a yacht race, the impression no one is in charge continues.
New concerns are concerning the upcoming hurricane season, which according to some scientists could have three major storms hit the Gulf, as the upwardly revised the number of storms for the season, increasing the odds of some of them hitting the area.
BP is reportedly preparing for that eventuality by getting ready to place a better quality containment cap on the oil spill, where it can hold more oil, while also allowing ships to detach and go to safety if they are hit hard by a storm.
Yesterday BP was able to recover a record 25,830 barrels of oil, with a goal of bringing that to at least 50,000 a day if it is needed.
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