My take is that BP can't say our do anything in Gulf as it is now without the approval of US government. But here are other Matt Simmons Sensational claims: 1. Use of a small bore nuclear device is the "only option" to stop the flow of oil. ( Yes, a banker who doesn't know what fuzzy logic is being taken seriously on the issue of using nukes in the Gulf of Mexico.) 2. BP would be insolvent by July 8, 2010. He has also stated several times that the stock is going to zero. A prediction of insolvency by July 8th was ridiculous. Simmons has then obviously also shorted BP stock, so some of this may be wishful thinking on his part. 3. The gulf states need to be evacuated.( Can you imagine evacuating 20 million people? )
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