BP , Seeking Libya Help , Have your Say!

"begged" ?

Hi Doctor X,

Interesting subject.  However, here is what I think: recession/market slump started 1st quarter of last year in the United States wherein worst hit sectors are that of Financials and Property this in turn created domino effect to all major stock exchanges all over the world.  The only country that was not affected correct me if I am wrong is Libya hence the reason.

The western countries are still on the rebound because of last year's recession and it may take time before market/trading goes back to normal.

Also, is it not the other way around that Libya has plans of buying BP shares since value of the latter just dropped tremendously due to the recent oil spill in the Gulf of Mexico?  Just my two cents worth..

This is just too easy, so I won't bother.

Mudman wrote:

"begged" ?

Yea. could find no other suitable word ,lol

The American MoEl is thinking "Those goddamn camel jockeys! Next thing you know is Coca Cola half owned by India or fokrakisstan or something"

The Libyan MoEl is going "YEAH BABY!"

Doctor X wrote:

BP.

wtf?


What do you know about the disaster which claimed 11 lives?

Nothing.

Shut up until you have something factual to bring.

Sandman6 wrote:

Doctor X wrote:

BP.

wtf?


What do you know about the disaster which claimed 11 lives?

Nothing.

Shut up until you have something factual to bring.

Sir, I wonder why you are using such wording.!

Anyway my subject was not to talk about the Disaster itself and we all feel sorry for those people who lost their lives.

I was talking about the financial problems BP is facing after the disaster and how they are trying to overcome is. CNN is bringing factual news about the disaster everyday, so you dont need my infromation I guess.

Again thank you for the wording and next time I will give you rate 5 if you still use it.

Please don't use the words CNN and 'factual' in the same sentence.

Unless by 'factual' you mean "biased bullsh*t and poorly researched technical information"

Ok,, No problem , what about SKy News, BBC Aljazeera name as many as you can.

Nobody is commenting on the subject lol.. if you consider there is a subject.!  BP is facing trouble and may close down if small countries do not help.

OK, I'll play.
BP is not just a group of very rich individual shareholders making lots of money, although doubtless there are some of those. The majority of shares will be held by investment & pension funds providing money to many hundreds of thousands of people of many nationalities. It is in no one's interest that BP go under.
BP is investing a huge amount, an initial $900 million, in exploration in Libya. Their single largest exploration investment. It is therefore in Libya's interest that BP doesn't go under but it's also a superb investment opportunity for Libya:
Let's say Libya buys a chunk of cheap BP shares and BP make some discoveries. Now BP share prices will rise, the NOC as a partner are quids in and Libya benefits once production starts.
It's a symbiotic relationship, Libya has the money & reserves, BP has the technology to get at them. Fact is 'small countries'  need major IOCs as much as the IOCs need small countries.