Wednesday, July 31, 2013

BP Can't Keep Its Budget in Order

In the following video, Fool.com contributors Tyler Crowe and Aimee Duffy discuss BP's (NYSE: BP  ) recent struggles to stay on budget in several ultra deepwater exploration projects. Tyler discusses several of these projects and why the company continues to struggle with rapidly rising costs, tells investors what it means for the company, and questions whether or not these projects are worthwhile.

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