Tuesday, October 26, 2010

BP (NYSE:BP) More Committed Than Ever to U.S.

Whether you love em' or hate em' BP (NYSE:BP) isn't going anywhere, according to CEO Bob Dudley, speaking of his commitment to continue drilling in the deep waters off of the U.S. coast.

Talking to a gathering in Britain, Dudley said the company was "part of the American community," and contrary to pulling out, would be getting even more involved in the production of energy in the region.

Dudley also reminded the audience that BP was a major employer in America, providing 23,000 jobs for the country, and is the biggest oil and gas producer in the States.

"I did not become chief executive of BP in order to walk away from the US. BP will not be quitting America," said Dudley.

Correctly citing the important of offshore deep water areas as crucial to providing energy, Dudley concluded, "The deep waters are becoming an increasingly important source of energy to fuel the global economy."

With the oil industry and governments of Gulf states putting pressure on the Obama administration to resume drilling in the Gulf after the oil moratorium was lifted, BP could be back drilling and extracting oil and gas from the region in the early part of 2011.

1 comment:

Anonymous said...

BP approves an attack strategy on Exxon, Shell and Chevron and plans to use the BPCares websites to promote its online PR campaign.
This decision was unanimously agreed upon in conjunction with the BPAMA at their recently concluded meeting. The BPAMA marketers were concerned about BP’s long term commitment to the partnership. BP pointed out to the BPAMA members that they will not be abandoned; rather… they will receive the full support from BP’s marketing machine to crush the competitors like Exxon, Shell and Chevron.
BP will use its bevy of various BPCares websites (said one of the Marketing Managers) to target specific markets in the US and around the world; “We will punish Exxon, Shell and Chevron… its War and its personal”. The domains that BP will use are as follows:
BP will collaborate with the BPAMA with regards to the execution of specific websites. The websites will be up soon and some of the websites will target the Southern States that suffered heavily from the oil spill.