[Hoot Gibson]

BP’s first-quarter replacement cost profit was $5,598 million, compared with $2,387 million a year ago, an increase of 135%,

BP is worth $75 billion less on the open market than it was when the Deepwater Horizon rig exploded April 20.

The years listed in my post should have been 2009 and 2008 - instead of 2009 and 2010. My point was that the 1st quarter 2010 was an unusually good one and the profit for that period was still way below the number that Beetle pulled out of ....the air. BP was foolish to cede control over the distribution of $20 billion to the irresponsible regime that Obama runs. The money will not be fairly distributed to victims of the spill and BP will still get the blame.