BP Shares Plummet Due To Oil Spill

June 1. 2010

BP C.E.O. Tony Hayward

As the fall out from the Louisiana oil spill continues, stock in BP, the company that is financially responsible for the broken well spewing millions of gallons of oil into the Gulf of Mexico, plummets around the globe. 

Left to right: Florida Senator Bob Graham, U.S. President Barack Obama and EPA Administrator William Reilly

The profitable company that earns billions per year in revenues, is facing a public relations crisis and dwindling consumer stock interest, as each new attempt to stop the unprecedented oil leak fails.