7.26.2011

Bonus bonus gem

The best part of Bob Dudley's explanation for BP's profit falling below forecasts this quarter is that he expects the company's recovery to pick up as "uncertainties reduce" into 2013.

But Bob, how does that gel with what you said about BP's core business strategy in your sustainability report statement this year--remember?

"BP will continue to move farther into harsh, remote and complex geographies, from deep water to the Russian Arctic; from oil sands and unconventional gas to giant fields – such as Rumaila in Iraq."

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