Monday, October 11, 2010

Official Opinion on BP (NYSE:BP) By White House Committee to be Formulated

A committee formed to create an official opinion by the White House on the BP (NYSE:BP) oil spill will start meeting on Wednesday of this week.

Dubbed the White House Oil Spill Commission, the seven-member commission will meet on Capitol Hill to go over the even and ultimately make some type of recommendation which will be put in a report to be released sometime in January 2011.

Near the end of the meetings some public comment may be solicited.

A website has been established to allow people to view the proceedings.

BP is down in trading today, falling to $41.25, dropping $0.67, or 1.60 percent as of 11:14 AM EDT.

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