In April 2010 there was an explosion on Deepwater Horizon, the drilling rig being used by BP off the coast of the USA. The share price of BP has dropped dramatically.1. Does the US government hope that a US company can grab BP?
In December 2008 we read in The Telegraph that "The most startling takeover target of the year will be BP, which will attract interest from Exxon Mobil...
"BP will be historically cheap by most measures..." - After a year of shocks, prepare for more in 2009
2. In 1982, President Reagan approved a CIA plan to sabotage the Russian economy by supplying technology that contained hidden malfunctions.
This technology included software that triggered a huge explosion in a Siberian natural gas pipeline, according to a memoir by a Reagan White House official. (WashPost: CIA slipped bugs to Soviets - Washington Post- msnbc.com)
3. Halliburton was in charge of cementing for Deepwater Horizon. (Halliburton May Be Culprit In Oil Rig Explosion )
Giant oil-services provider Halliburton may be a primary suspect in the investigation into the oil rig explosion that has devastated the Gulf Coast, the Wall Street Journal reports.
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