Highly likely BP will be bought out by one or more of the majors, once they get a handle on the size and disposition of the clean up liabilities. The corporate name is now in the toilet, and the safety/environmental record will make it more difficult for them to get drilling clearances....
They are not yet toast, but they are certainly getting browner.
I'm not a lawyer but I believe a judge or jury might limit cleanup liability due to the fact that the Obama administration, Coast Guard, EPA, et al...have stood in the way of cleanup/capture efforts...
THAT might be the reason Obama has done nothing proactive regarding the spill. How much money did they give him???
