BP (NYSE:BP): "To Kill" or Not "To Kill"

With BP (NYSE:BP) being so close to reaching the relief well, they now have to stop drilling due to approaching storms. Thad Allen, retired Coast Guard Adm. said they are expecting a delay of two or three days in completing the relief well.

There has been no oil spilled since the placement of the temporary cap was placed on top of the well in mid July. The crews will put into place a temporary plug to protect what they've already drilled. They are only lacking another 30 feet until they'll be done. Workers won't be going back to land.

Allen has been insisting for days that BP go ahead and start the bottom kill. On Tuesday he changed his tune, and stated that more testing needed to be completed before a decision could be made.

Allen said, "I'm not sure we know that. I don't want to prejudge whether we are going to do it or not going to do it. It will be conditioned based." He did state that there's a "very low probability"
of the bottom kill not being done. "We will let everyone know" if it changes.

Whistle Blower: BP (NYSE:BP) Deliberately Sinks Oil With Corexit

While talk has died down on BP's (NYSE:BP) massive use of Corexit, and the company deliberately ignoring the EPA's orders to find a different dispersant. A whistle blower will be testifying in front of a Senate investigative panel this week. He is expected to reveal the full extent of BP's cover up and prove what many have suspected all along.

Fred McCallister will be testifying on Thursday of this week. He will be telling of BP's deliberate sinking of oil through the extensive use of the toxic dispersant Corexit. The purpose, to hide the amount of the oil spilled before it can be collected to prevent the fines that BP would incur.

McCallister's statements will include answers to why BP has continually refused help from foreign skimmers. He said that the company feared that the skimmers would have the capability to give the actual count of gallons collected. That information turned over to the U.S. Government, having the information on spill rate financial penalties, would cause BP to receive the accurate fines according to the oil spilled.

"BP is in control of this situation and they are doing what's in the best interests of BP and their shareholders," said McCallister.