This has been my position, but it is nice to see that others are recognizing the effects of demonizing a multi-national company of BP prominence. What's to stop another blow out in an Exxon or Chevron or Conoco well? Want to put them out of business, too?
Really? 90% of the world's Oil reserves are held by state owned Oil companies... Saudi Aramco et al. Look before you leap.
This is not recommendation to buy BP' stock. I said they would probably survive... I didn't say at what price.
I like Ag commodities, Farm Land, short term treasury paper and energy equities. Still have my precious metals... but that can go either way.