British Petroleum

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Last quote about British Petroleum

Janette Marx
I think that stat surprised us because in the past, it was only oil and gas professionals that they would hire. Now they're saying and seeing that they're going to have to expand their horizons and hire outside of the experienced typical oil and gas professional.feedback
Mar 23 2017
The latest person who has talked about British Petroleum is Bob Dudley: “We have delivered solid results in tough conditions - and are well prepared for any volatility in oil pricing. We have adapted by cutting our controllable cash costs by $7 billion from 2014 - a full year earlier than planned. Continued tight discipline on costs remains essential. Everything we have done during the year has made us a more resilient and competitive company.”. You’ll find on this page all the other quotes of Bob Dudley and all the other people that have spoken about British Petroleum. You can select these people and their quotes by date, by name, and you can easily have access to the articles from which they originated.
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All quotes about British Petroleum

Michael Hewson - CMC Markets

A lot of oil companies put an awful lot of capital expenditure based on oil prices around about $75, $80 dollars a barrel, we've been as low as $27 a barrel, and yes we have rebounded quite substantially off that, and they have cut back capex an awful lot, but it's a very competitive market and there's an awful lot of spare capacity still, I think, out there in the oil market and demand still remains fairly constrained.feedback

Bob Dudley - BP

We have delivered solid results in tough conditions - and are well prepared for any volatility in oil pricing. We have adapted by cutting our controllable cash costs by $7 billion from 2014 - a full year earlier than planned. Continued tight discipline on costs remains essential. Everything we have done during the year has made us a more resilient and competitive company.feedback

Iain Reid

BP are not covering their dividend and they raised their cash breakeven point quite considerably. They are having to pay for what they bought and they are the only company that actually raised their breakeven number.feedback

Brian Gilvary - BP

If everything holds in terms of what OPEC has said I think we will hold north of US$50 a barrel.feedback

Stuart Staley - Citi

The integrated majors, because of their credit rating, in some cases can provide a similar security to a project or government or company by providing hedging. In some sense, I would bucket BP and Shell differently.feedback

Andy Brogan

We expect to see the momentum that began in the fourth quarter of 2016 continue in the year ahead.feedback

Spencer Dale - BP

The actual implications of change in U.S. policy are unlikely to be a big game changer. The U.S. has played an enormous leadership role together with China in galvanizing international support (for action on climate change) .... Much of that improvement in the outlook for carbon emissions isn't happening in America. Improvements within America are due to energy efficiency ... which are still quite valued in an economy that encourages growth and competitiveness.feedback

Spencer Dale - BP

What could be a game changer is if the U.S. stops playing a significant (climate) leadership role, it then has significant implication for wider international commitment and that could have greater impact.feedback

Spencer Dale - BP

Low-cost producers will use their competitive advantage to increase their share relative to higher-cost producers. If you get a combination of a very rapid increase in electric vehicles with a very rapid increase in these new technologies the numbers involved could get bigger and more significant. Key growth isn't to power transportation ... rather oil as an input into other products, particularly into petrochemicals and fabrics.feedback

Jabar Ali al-Luaibi

BP as well and some other companies are responding. So far everything is moving smoothly as far as the oil companies are concerned.feedback

Jabar Ali al-Luaibi

We are abiding by OPEC policy and the OPEC agreement. We are cutting from all Iraq. BP as well and some other companies are responding.feedback

Scott Seaman - Eurasia Group

Parties will roll out the red carpet-and draw knives-when Ban returns this week. The more centrist People's Party is likely to court Ban as well and is rumored to be considering backing him jointly with the BP.feedback

Brad Banducci - Woolworths

The release of A$1.785 billion from the sale will be used to strengthen our balance sheet and reinvest in our core businesses.feedback

Juliana Roadley

Hardware wasn't so great … this is another area of their business that they weren't really managing well.feedback

Brendan Warn - BMO Capital Markets

BP's shopping spree is the company's response to what the investor community has long been concerned about: long-term growth and resource sustenance. BP's timing might have also been triggered by what it sees as a likely recovery in the oil price and asset values over 2017.feedback

Bernard Looney - BP

We believe the basin will become an important profit centre for our upstream business.feedback

Brendan Warn - BMO Capital Markets

"BP's shopping spree is the company's response to what the investor community has long been concerned about: long-term growth and resource sustenance". "BP's timing might have also been triggered by what it sees as a likely recovery in the oil price and asset values over 2017".feedback

David Lawler - BP

With two thirds of our operated oil and natural gas production and proved reserves in the Rockies... Denver is a logical - and strategic - place for us to be and a natural fit for our business.feedback

Charlie Kronick - Greenpeace

BP's sloppy approach to a crucial aspect of safety hasn't changed. The same happy-go-lucky attitude that played a role in major accidents in the past is seemingly still reflected in the management of safety information across the oil giant's operations from rig to refinery.feedback

Erik Nikolai Stavseth - Arctic Securities

As Middle East producers and Russia are due to cut their output, large crude buyers [in Asia] ... will likely import an incremental amount from longer-haul sources.feedback

Giacomo Romeo

Looking into 2017, I would expect refining margins to be down year-on-year, especially if OPEC and Russia cut.feedback

Robert Campbell - Energy Aspects

Margins were supported by turnarounds worldwide but the sizeable drop in Latin American refinery runs this year was probably the decisive factor.feedback

Nansen Saleri

They were able to reduce their capital expenditures, the fields that they pick happen to have the right DNA, and this is exceptional DNA. When you're talking about 10,000 barrels per day, that's Middle East standards.feedback

Imran Khan

At the end of the day, these large companies need large projects, and deepwater is going to be where they are going to find these large projects to move their needle.feedback

Ben Snider - Goldman Sachs Group

The strategy of buying the 20 most concentrated stocks has a strong track record over 15 years. Our basket of the 20 'Most Concentrated' stocks has outperformed the S&P 500 by nearly 1000 bp [basis points] YTD, putting it on pace for a fifth consecutive year of outperforming the S&P 500.feedback

Ben Snider - Goldman Sachs Group

Our basket of the 20 'Most Concentrated' stocks has outperformed the S&P 500 by nearly 1000 bp [basis points] YTD, putting it on pace for a fifth consecutive year of outperforming the S&P 500.feedback

Ahmed Hashmi

This makes it much easier for people to act on the information and the data we already collect.feedback

Lorenzo Simonelli - GE Oil & Gas

Baker Hughes provides more opportunity to take Big Data into the oilfields. We're seeing good examples of how big data is changing the outcomes of the oil and gas industry.feedback

Michal Konarski

The difference between expectations and the actual result is small enough to expect a neutral market reaction.feedback

Michal Konarski

I suspect that analysts had expected a smaller than in reality positive impact of the Qualia one-off, which gave the bank 114 million zlotys (at the gross profit level). The difference between expectations and the actual result is small enough to expect a neutral market reaction.feedback

Ipek Ozkardeskaya

This is the ninth consecutive quarter of decline in BP's earnings, and it is hard to see the end of the tunnel given the challenging dynamics in the oil market.feedback

Brian Gilvary - BP

We continue to make good progress in adapting to the challenging price and margin environment. We remain on track to rebalance organic cash flows next year at US$50 to US$55 a barrel, underpinned by continued strong operating reliability and momentum in resetting costs and capital spending. At the same time, we are investing in the projects, businesses and options to deliver growth in the years ahead.feedback

Neil Wilson - ETX Capital

BP and Shell both delivered improved figures in the third quarter, but there are yet plenty of risks in the oil market as (oil) prices remain under pressure. Drilling down to the key fundamentals, oil producers have to cut costs to survive in a lower-for-longer price environment.feedback

Chris Beauchamp

For BP, the overtone of the report was more focussed on the tough times ahead. With Shell, the overall picture is far more encouraging for investors.feedback

Thomas Lee

Wage inflation sensitivity [is] beginning to impact stocks. Stocks with low wage sensitivity outperformed 1,590 bp [basis points] since May.feedback

Peter Boockvar - The Lindsey Group

On the better than expected print as people believe this will spill over into the ISM report in a few weeks, the 10 yr yield is back at 1.75% after trading at 1.73% prior to the release. The 2 yr yield is up by 1 bp to .83%.feedback

Jawaid Afsar

Earnings from Morgan Stanley helped the banking sector, while a spike in crude oil prices supported heavyweight oil majors like BP and Shell. The positive correlation between commodity prices and energy and mining shares are here to stay.feedback

Jawaid Afsar

The FTSE 100 closed above the 7,000 mark and may well set new records in the days ahead on the back of positive momentum and some stronger earnings reports. Earnings from Morgan Stanley helped the banking sector, while a spike in crude oil prices supported heavyweight oil majors like BP and Shell. The positive correlation between commodity prices and energy and mining shares are here to stay.feedback

Bob Dudley - BP

As much as a US$1 trillion of big projects have been canceled or deferred around the world and that could catch up with the world.feedback

Lorenzo Simonelli - GE Oil & Gas

The industry will continue to be volatile. However, it has also changed with the advent of shale and technology we are going to see smaller cycles of volatility.feedback

Patrick Pouyanne

By 2020 we will have a lack of supplies. Volatility has been huge. The stress on everybody, the balance sheets of companies and countries is huge.feedback

Patrick Pouyanne

Volatility has been huge. The stress on everybody, the balance sheets of companies and countries is huge.feedback

Peter Berg

One thing that I hope people get from this is the idea that we should make sure that our corporations, like BP, that have so much potential to do harm to an environment, to lose lives, that these guys who are on the ground are in a position to hit the brakes, slow down when things get tense.feedback

Mark Wahlberg

The focus wasn't really on who made what mistakes and who was responsible. Really it was about the heroics of the 11 people and the inspiring things that they did to survive and help one another, that was what we wanted to focus on.feedback

Richard de Caux - BP

We expect a substantial chunk of the incremental demand growth next year to be met by two sources which don't come from a refinery.feedback

Mark Wahlberg

The focus wasn't really on who made what mistakes and who was responsible. Really, it was about the heroics of the 11 people and the inspiring things that they did to survive and help one another.feedback

Peter Berg

I never faulted BP for being a company for profit. That's what fuels our economy. We all use fuel. I get that they're a company for profit.feedback

Vladimir Putin

Rosneft, strictly speaking, is not a state company. Let us not forget that a part of it is owned by BP, a British company.feedback

Michael Abendhoff - BP

The refinery's total suspended solids (TSS) returned to permitted levels on Aug. 4. BP is working to safely return the refinery to normal operations as soon as possible and continues to monitor the situation closely.feedback

Peter Mather - BP

Our industry is going through a period of rebalancing, but our commitment to the UK and to our partners is for the long-term.feedback

Alex Rogers

When you seriously over-exploit marine eco-systems, it can take them decades to recover. And that's in shallow water, you can imagine what happens if you drag a trawl through a deep sea coral bed. That is going to take hundreds of years to recover if it recovers at all.feedback

Oliver Steeds

We know that the deep ocean is changing at its fastest rate for millions and millions of years. What we don't really understand at the moment is its health and its resilience. We need far more missions like this and that's one of the problems, trillions is spent going into outer space and hardly any money is being spent going into inner space, into the deep ocean, despite how critical it is for humanity.feedback

Olivier Jakob - Petromatrix

Right now, there is not much to be optimistic about. We have to wait a little bit longer for the rebalancing.feedback

Bob Dudley - BP

As we look forward we expect the external environment to remain challenging, but we have a strong pipeline of new projects.feedback

Bob Dudley - BP

We do see the market coming into balance, it may already be there. There's a lot of stocks. It will take some time to work its way off, 18 months or so.feedback

Bob Dudley - BP

Market fundamentals continue to suggest that the combination of robust demand and weak supply growth will move global oil markets closer into balance by the end of the year.feedback

Joe Rundle - ETX Capital

BP's profits fell 80 percent but the results were better than expected and an improvement from the end of last year.feedback

Jason Gammel - Jefferies

The 1Q16 reporting period looks set to be even worse than what we thought was already an especially ugly 4Q15.feedback

Anish Kapadia - Tudor, Pickering, Holt & Co.

It is still a challenging sector. The oil price improvement will clearly help things, but if anything it highlights the problems of how companies have cut back on capex dramatically and are not investing in new projects.feedback

Anish Kapadia - Tudor, Pickering, Holt & Co.

We're seeing money flowing into the energy space and early money has gone into the lower-risk names among oil majors. There is still a lot of money sitting on the sidelines that will get into the sector once things get more bullish.feedback

Hans-Christoph Hirt

We take a robust approach on the election or re-election of individuals and groups of directors who do not live up to this responsibility.feedback

Stefan Stern

I think what you're seeing is genuine and substantial concern being expressed in these votes. There's a bit of 'enough is enough' in the air.feedback

Shade Duffy - AXA Group

There's an absolute need to be conservative – we all know what the wider economic environment is like – and pay should reflect that.feedback

Alan Judes

Clawback is now going to be there for five years. They (companies) are all moving in the way shareholders want them to.feedback

Russ Mould

The fall in oil prices is sparking profit-taking as a marked slide in crude raises the question of whether BP and Shell will be able to maintain their dividend payments if oil remains lower for longer.feedback

Robert Smithson - THS Partners

I'm not a fan of change for the sake of change. Unless there is a really compelling reason of somebody else who can do a better job I think it's probably better he stays.feedback

Ashley Hamilton Claxton

This proposed increase is both unreasonable and insensitive. In a year in which BP has reported its worst ever annual loss, it has decided to sharply boost Mr Dudley's remuneration. We will be voting against this proposal. While we acknowledge BP has had to weather a turbulent period for oil markets, we strongly believe that executive remuneration should remain tied to performance.feedback

Lukas Ross - Friends of the Earth

We are saddened to learn that the gross negligence of BP continues to enjoy taxpayer subsidies. It is clear that we have still failed to learn all the lessons of the Deepwater Horizon.feedback

Shaun Clarke

From Bob's standpoint, he's charged with a crime he didn't commit, and he's going to go to trial to clear his name.feedback

Charlie Kronick - Greenpeace

Shell and BP have bet heavily on the wrong energy sources, and now they're losing big. The problem is that with thousands of jobs, billions in investments and people's pensions tied up with their companies' fortunes, Big Oil's bosses won't be the only ones to pay for their shortsightedness.feedback

Simon Smith

I think there are some questions about the management in terms of their ability to transform a company but, quite often, it's their ability to adapt and their resilience to find other sources of revenue and that's always hard for oil companies because you are dependant on the price of a commodity which at the best of times is volatile and unpredictable and that is one of the issues for many oil and gas companies.feedback

Rex W. Tillerson - ExxonMobil

While our financial results reflect the challenging environment, we remain focused on the business fundamentals, including project execution and effective cost management.feedback

Michael Hewson - CMC Markets

This morning's results from BP have added to the gloom surrounding the sector.feedback

Bob Dudley - BP

We are continuing to move rapidly to adapt and rebalance BP for the changing environment. We're making good progress in managing and lowering our costs and capital spending, while maintaining safe and reliable operations and continuing disciplined investment into the future of our portfolio. Our plans set out a clear course for BP for the medium term and will allow us to deliver growth in the longer term.feedback

Bob Dudley - BP

The first and second quarter will be very difficult… It is a big shock for producing countries. It reminds me of (the oil crisis in) 1986.feedback

Justin Urquhart Stewart

The world has changed for all the oil companies and energy companies and it's not going to change back anytime soon.feedback

Sandy Rosenthal

People arrive in Louis Armstrong Airport with a desire to understand what happened here, even though it's been 10 years. And we're glad that they do, because the survivors deserve for everyone to know the vetted facts about the flooding. The survivors deserve for everyone to know that we were flooded because of civil engineering failure, not due to just Mother Nature.feedback

Alisha Renfro - National Wildlife Federation

Since we have moneys that are going to be coming through from the BP oil spill, we can put that towards coastal restoration. It is a very sad opportunity, but a very unique one that can actually help us out a lot.feedback

Spencer Dale - BP

You'll have to go back to the late 1970s to see such a sharp fall in investments.feedback

Carl-Henric Svanberg - BP

We anticipate that all the actions we are taking will capture more deflation and drive the point of rebalance to below $60 per barrel.feedback

Ann Dowling - BP

The oil price is outside BP's control, but executives performed strongly in managing the things they could control and for which they are accountable. BP surpassed expectations on most measures and directors' remuneration reflects this.feedback

Doug Suttles

Over the weekend we will attach the dome to the drill ship Enterprise with a riser and pipework assembly which will allow the oil to flow up to the surface and be processed. So, if all goes to plan, we should begin to start that operation – the beginning of trying to process the fluids on the surface and stop the spill into the sea – on Monday.feedback

Charlie Crist

We need oil but we don't need it from the Gulf of Mexico. It just wouldn't be the right thing to do. Not now; no way!feedback

Doug Suttles

It is horribly difficult to estimate what the flow is, but what we can see is the amount of oil on top of the water. We think that the range has increased of what the estimate has been. So I think that somewhere between one and five thousand barrels a day is probably the best estimate we have today.feedback

Mikhail Fridman

This is absolutely a key investment for Russia. Now BP produces more oil in Russia than in any other country…. that's why they don't want to move on anything. Now the question is whether this company will remain independent or will work like a branch of the BP corporation.feedback

Rick Steiner

Well the big story here is finally oil from the Deepwater Horizon blowout 40 miles off shore has reached the Southern tip of the Mississippi Delta. It's here on land.feedback

Doug Suttles

We've made numerous attempts to overcome the flow. We've monitored the situation after each attempt. We've also used our junk shot technique and other materials to try and divert more of the flow down the well, but we have not been able to stop the flow.feedback

Jimmy Marinello

I've been fishing the marshes in Shell Beach and Hopedale since I was three years old and the more wildlife I see die everyday is heartbreaking.feedback

Barack Obama

We are dealing with a massive and potentially unprecedented environmental disaster. So let me be clear, BP is responsible for this leak, BP will be paying the bill, but as President of the United States, I'm going to spare no effort to respond to this crisis for as long as it continues.feedback

Eric Holder

This case, which was vigorously pursued by the United States' stellar legal team, marks another significant step forward in the Justice Department's continuing efforts to seek justice on behalf of the American people for this disaster, and we are confident that this will work as a strong deterrent to anyone who is tempted to sacrifice safety and the environment in the pursuit of profit.feedback

Rahm Emanuel

Well, to quote Tony Hayward, he's got his life back, as he would say. And I think we can all conclude that Tony Hayward is not going to have a second career in PR consulting.feedback

Rahm Emanuel

There's really a substance here that matters. That's clearly a PR mistake, but he's made a number of those mistakes. What's important is: are we capping the well? Are we capturing the oil? Are we containing the cleanup? Are we filing the claims? Are we also cleaning up the mess? That's what's important.feedback

Craig Bielkiewic

So he got his life back. I guess he never lost his life. So, I guess we're still working on ours.feedback

Bobby Jindal

Every day they announce how much oil they've burned and skimmed. Every day they announce how much money they have spent on claims and that's great. But you really can't get a complete picture, unless you know how much oil is still out there in the water and how much oil is being leaked out.feedback

Thad Allen

We are in the process of moving a mobile drilling unit into place. It will probably be there 14th of June, which will add a 10,000 barrel capacity to what is coming out of the wellhead right now, in addition to the Discover Enterprise.feedback

Terry Winn - Euronews

The docks behind Joe Patti's are usually bustling with activity. They probably won't be that way again until the oil is cleaned up and, more importantly, until consumers and retailers regain confidence.feedback

Peter Troedsson - coast guard

Coast Guard helicopters on scene and vessels on scene have no reports of a visible sheen in the water. There is no report of an evidence of leaks but we continue to investigate and to monitor that situation to make sure that doesn't change.feedback

David Cameron

I don't think it's right to show compassion to a mass murderer like that.feedback

David Cameron

In terms of an inquiry I'm not currently minded that we need to have a UK-based inquiry on this, probably for this reason: I don't need an inquiry to tell me what was a bad decision: it was a bad decision, and if you like, the big fact that has changed over a year that makes it an even worse decision is the fact that of course Megrahi is still free at liberty in Libya rather that serving the prison sentence in Scotland as he should be doing.feedback

Barack Obama

I think that it is a positive sign. We're still in the testing phase. I'll have more to say about it tomorrow.feedback

Doug Suttles

It's an encouraging sign. In a couple more days it may be even more encouraging. But, no celebrations. You know, if you go talk to the people that live here, celebration is a wrong word.feedback

Damien Ross

Hopefully, the leak is stopped now and we can start getting some revenue back into the city of New Orleans, here. A lot of local agencies lost a lot of business due to the oil spill. Hopefully we will get everything cleaned up and get back up to speed.feedback

Dmitriy Chepurenko

At the moment the court appointed bailiffs are working at the BP office, inspecting the documents that are in the office to find out whether there are any documents concerning the strategic partnership between BP and Rosneft companies.feedback

William Hague

BP will decide on its own dividend, of course, it is a big, err, let's be clear, it has a big task in front of it, and it has had to work hard in recent weeks, it does have to do its utmost to stop this oil spill, to deal with it satisfactorily on a permanent basis.feedback

David Cameron

I completely understand the anger that exists right across America. The oil spill in the Gulf of Mexico is a catastrophe for the environment, for the fishing industry, for tourism, I've been absolutely clear about that. And like President Obama I've also been clear that it is BP's role to cap the leak, to clean up the mess and to pay appropriate compensations.feedback

John Browne - BP

The demand, I expect, will continue to rise. Obviously there will be blips as we go through cycles on, say, a 10 year basis. Production is being developed at the moment and that will come through. But there is quite a lag between deciding to increase capacity and it happening.feedback

Mickey Fruge

We expect to be finished drilling the number two relief well some time .. at the end of July or August, if everything goes well.feedback

Tony Hayward - BP

We see little evidence of any growth in demand and expect the recovery to be long and drawn out.feedback

Bobby Jindal

We're not done when they cap the leak, we're not done when they get all the oil out of the water, we're only going to be done when they restore our wetlands, our fisheries and estuaries back to their healthy pre-spill status.feedback

Doug Suttles

We share the frustration. I want this thing to stop. We want it to stop. The people who live here want it to stop. I'm doing everything we can. I don't know anything we could be doing that we're not doing. We're getting lots of help from lots of places. The government is looking at what we do every day. They are providing experts as well. It's this huge sense of frustration that we have not been able to stop it yet.feedback

Bobby Jindal

Obviously we are concerned about the impact this will have on delaying the relief wells, delaying the skimming and the other activities out there, but also the impact of throwing new oil further in and especially when you look at the the tidal surges that are projected two to five feet along the coastline, especially the southeastern part of our coast.feedback

Thad Allen

It would be terrific news if we can shut the well, but I don't think we can say that. I think there needs to be an overabundance of caution and I don't want anyones hopes up that we can shut this well until we can get the empirical pressure readings that e need and do a seismic survey of the sea floor and try to understand as well as we can the condition of the wellbore and casings.feedback

Robert Menendez

If BP is found to have gained access to Libyan oil reserves by using a mass murderer as a bargaining chip, then make no mistake – any money it makes off that oil is blood money, pure and simple.feedback

Bob Dudley - BP

There's no question that we're going to learn a lot from this accident in the Gulf coast. It's going to be about equipment, people, different companies and as a result of that we're going to learn a lot from that – both BP and the industry – and I'm sure there will be changes.feedback

Doug Suttles

We've got the equipment all hooked up to perform the static kill; so right now the current forecast is we will do that activity on Tuesday we expect.feedback

Barack Obama

This 20 billion dollars will provide substantial assurance the claims people and businesses have will be honoured. It is also important to emphasise, this is not a cap. The people of the Gulf have my commitment that BP will meet its obligation to them… This fund does not supercede either individual rights or state's rights to present claims in court.feedback

Ron Price

It's completely disastrous. It's wiped out a lot of work for us. We have been able to get a bit of work to get by on. Thank god for that The oil hadn't completely come into our waters yet. It's kind of a saving grace for us. It gives us an opportunity to work until things get really bad.feedback

Doug Suttles

The final solution is to get it to stop. Our next attempt to stop the flow should occur the second half of this week, the later part of this week, when we actually either pursue what we call the junk shot technique, which is to put material in the blow out preventer which will cause it to plug up.feedback

Jaime Matyas - National Wildlife Federation

Normally you could not catch them. They move so quickly. And they are slow, as if you are trying to run, as though your feet were stuck in molasses.feedback

Greg Smith - Fat Prophets

A lot of investors were getting nervous because BP is such an important company – one of the top companies in the FTSE 100. Also very important because they're a dividend payer.feedback

Matt Ferraro

As we searched around the shore we actually found found these small little holes that were in the sand. And as you stepped on the sand next to them, it was kind of squishy and oil bubbled up from out of the sand.feedback

Thad Allen

I think everybody would like to see this thing ended as soon as possible, but my duty as National Incident Commander is to give you my best view. It may be a little conservative, but I think we need to understand we don't know the condition of the well until we start to put mud in it.feedback

Anthony Grisanti

I'm talking about crude oil, probably 90 to 100 dollars a barrel, definitely if you get Iran involved in this, we've got major problems.feedback

Ken Salazar

The efforts are intended to ramp up over the hours ahead on a sequencing of about every two hours and we ought to have a better measure of what the flow is that is leaking out from the well.feedback

Doug Suttles

Over the weekend we expect to connect that dome to the drill ship Enterprise, at which time, hopefully at the beginning of next week, we'll begin to start to evacuate the oil from the seabed up to the surface.feedback

John Curry - BP

Essentially it's a 98 ton rectangular box that will be lowered over the major source of the leak at the sea bed, and tunnel the oil through the box, through the top and channel it all the way to the surface, where we will have a ship that will be able to collect it.feedback

Eric Vial

We can see the US authorities don't have the means to collect the oil as 800,000 litres are escaping everyday and the barriers aren't enough. The sea booms aren't effective and while the coastal barriers are useful for isolating zones, the oil has to be gathered and at the moment they lack the means to do that.feedback

Michael Abendhoff - BP

I know there's a perceived lack of action out there and I can tell you being down here that we're working 24/7, everything we can do to minimise the impacts, and that's what we've said from day one. We're here to stop the oil and we're here to minimise impacts, and where there are impacts we've got people on shorelines cleaning them up.feedback

Jackie Savitz - Oceana

Whether it's exactly 26 percent that's left, I don't know. But even 26 percent of the oil that was released would be the equivalent of about four Exxon Valdises. So, there's still a lot of oil in the Gulf. Marine life in the Gulf certainly are not quite ready to breathe a sigh of relief.feedback

Paul Anastas

The long term effects on aquatic life are still significantly unknown. And BP has used over 1.8 million gallons of dispersant, a volume never before used in the US.feedback

Eric Holder

As our review expands in the days ahead, we will be meticulous, we will be comprehensive, and we will be aggressive. We will not rest until justice is done.feedback

Bobby Jindal

The time for studies and discussions are over. We need our federal government to hold BP accountable, make them act like the responsible party. We don't want our federal government making excuses for BP.feedback

Barack Obama

Climate change poses a threat to our way of life. In fact, we are already beginning to see its profound and costly impact. And the spill in the Gulf, which is just heartbreaking, only underscores the necessity of seeking alternative fuel sources.feedback

Tony Hayward - BP

Our plan is to move to a containment device that will be sealed on the top of the blowout preventer that is on the sea bed and will be deployed within a three or four-day time window if the 'top kill' is not successful.feedback

Edward J. Markey

We cannot trust BP. People do not trust the experts any longer. BP has lost all credibility, now the decisions will have to be made by others, because it is clear they have been hiding the actual consequences of this spill.feedback

Thomas Shirley - Harte Research Institute for Gulf of Mexico Studies

The volume of those deep plumes is equal to the volume of Lake Erie. So, they are massive things. The sperm whales are diving through these plumes to get their food which also might be contaminated by the oil – so there are lots of reasons to be concerned.feedback

Bill Burton

You know if Tony Hayward wants to put a skimmer on his yacht and bring it down to the Gulf, we would be happy to have his help, but what's important is not what Tony Hayward is doing in his free time, but what what BP is doing to take responsibility for the mess they've made.feedback

Nikolai Lashkevich

I don't think anyone would have expected the price to go up so quickly and such a big battle to break out.feedback

Shinzo Abe

From what we've heard from the Algerian government, there is indeed grim information about our citizens.feedback

Carol Browner

It's certainly the biggest oil spill and we're responding with the biggest environmental response. There could be oil coming up until August when the relief wells are dug.feedback

Tony Hayward - BP

There's no doubt that the ultimate solution is the relief well, which is in August.feedback

Michael Brune - Sierra Club

We toured out to the beginnings of where the spill is starting to hit the shore and it's basically this storm of oil broken up into thousands, tens of thousands of globs of oil that are starting to hit the wetlands, that are starting to hit the salt marshes and it's pretty devastating really.feedback

Lamar McKay - BP

We are sorry for everything the Gulf Coast is going through. We are sorry for that and the spill.feedback

Barack Obama

The tragedy unfolding on our coast is the most painful and the powerful reminder yet that time to embrace the clean energy future is now. Now is the moment for this generation to embark on a national mission to unleash America's innovation and to seize control of our own destiny.feedback

Barack Obama

We won't be done until we actually know that we've killed the well and that we have a permanent solution in place. We're moving in that direction, but I don't want us to get too far ahead of ourselves.feedback

John Curry - BP

Essentially it's a 98 ton rectangular box that will be lowered over the major source of the leak and the sea bed. It will funnel the oil through the box, through the top and channel it all the way to the surface, where we will have a ship that will be able to collect it and capture the oil and minimize the impact to the environment.feedback

Robert Gibbs

We're going to do what we have to do. We will keep our boot on the throat of BP to ensure that they're doing all that they- all that is necessary while we do all that is humanly possible to deal with this incident.feedback

Tony Hayward - BP

What has failed here is the ultimate safety device on a drilling rig. There are many barriers of protection that you have to go through before you get to this. It isn't designed not to fail. It is unprecedented in out industry for this sort of failure.feedback

Barack Obama

The well was capped. Oil is no longer flowing into the Gulf. It has not been flowing for a month. And I am here to tell you that our job is not finished, and we are not going anywhere until it is. Beaches all along the Gulf coast are clean; they are safe and they are open for business. That is one of the reasons Michelle, Sasha and I are here.feedback

Paul Anastas

The long term effects on aquatic life are still significantly unknown. BP has used over 1.8 million gallons of dispersant, a volume never before used in the United States.feedback

Eric Holder

The investigation that we have begun is a comprehensive one and we will be looking at a wide range of things, everything from false statements to the way in which certain entities conducted themselves. There is really nothing that is off the table at this point.feedback

Tony Hayward - BP

None of this has ever been done so there is always risk. The risk is reduced but there is still risk as to whether or not it will be fully successful and the next 12 to 24 hours will give us an indication of how successful this attempt will be.feedback

David Cameron

What is required in countries like Mali – just as in countries like Somalia on the other side of Africa – is that a combination of a tough approach on security, aid, politics, settling grievances and problems; an intelligence approach that brings together all the things we need to do with countries in this neighbourhood to help them; to make them safer, but to make us safer too.feedback

Gordon Brown

This is a tragic day in the North Sea, my thoughts are with the relatives of those who have lost their lives in the crash. It is at times like these that we remember the risks and dangers that people have to undergo to meet our energy needs.feedback

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