my my what an edifying story. capitalist cheerleaders sound just like jesus. it's amazing.
anyway, the latest at the moment isn't that different from the latest before--which for once is a good thing. despite continued protestations that everyone should remain cautiously optimistic or avoid optimism altogether, the cap is holding and there's still no more oil blasting into the gulf.
Cheers as Gulf oil spill is capped at last | Environment | The Guardian
this is not the endgame--bp continues to gamble on the notion that the relief wells will work. this is not a given of course (of course because, well, we're 87 days into a research project and assume that there's been some kind of learning curve)...
of course this isn't over in other ways as well. for example: what happens if bp gets bought out. or if it decides to declare bankruptcy? some of these questions at least are on the table in a serious way:
BP May Saddle Asset Buyers With Suits as Claims Rise - Bloomberg
but you see from reading this that there are a number of scenarios being tossed about and that they appear mutually exclusive. so long as the number is even of course.
if you scroll through the comments at the trusty but odd oil drum site here:
The Oil Drum | BP's Deepwater Oil Spill - Results as the Testing Begins - and Open Thread
you find lots of speculation about bp misleading people, which seems to me to follow from their remarkably botched (but nonetheless still operative) attempts to manage the information spill into the gulf of dominant media, which clearly alarmed them more than that pesky oil did for a while until things reached such a pass that this inversion of the world itself became a problem. you know. anyway, in almost all the press reports that talk to regular folk you get a percentage who thinks the cap is another bp spin attempt. credibility goes away much more easily than it comes back. o those captains of industry and their steely grip on the Higher Rationality of Profit-seeking..what have they done to themselves in this case?