May 29, 2010

Oil Industry Insider Matt Simmons Says BP Should Be Removed From Oil Spill Containment and Clean-Up

Oil industry insider and expert, Matt Simmons, of Simmons & Company, told Bloomberg in an interview on May 28 that BP's handling of the Gulf oil spill has run its course, and should be removed immediately. He says that the Top Kill exercise will not work, and only serves as a distraction.

Simmons: "What we need to do, first of all, in my opinion, is tell BP it's time for them to leave, and bring the military in." Simmons also said that the government should take over clean-up operations.