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No. The US Government does not generally own stocks of publically traded companies. BP stock trades in the US, so Americans can own BP stock. The manner in which foreign companies allow their stock to be traded on the US Stock Market is a bit complicated, so I have attached related link (if you are interested).
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Does the capped pipe ever leak from bp oil spill?
The Deepwater Horizon oil spill (also referred to as the BP oil spill, the BP oil announced that BP would be temporarily banned from new contracts with the US.
Does the US own any part of BP oil?
Not really. The US is the owner of all offshore mineral rights, but through lease sales of offshore blocks, the US leases out the rights to explore and produce oil in particular blocks over a defined time periods. BP is entitled through the leasing contracts to sell all the oil it produces. The US does make money through royalty payments on oil that BP sells.
Who was the most to blame for the oil spill in the US?
BP
Which US oil company did the BP Oil Company buy out?
arco and amoco
How much did Transocean pay for their role in the BP oil spill?
US$1.4 billion.
Who will the BP oil spill affect?
If it doesn't get stopped it would affect us globaly
Is British petroleum bp?
The BP company and brand was originally short for British Petroleum however BP has not been 'British Petroleum' for some considerable time, after several mergers and acquisitions with companies such as Castrol, ARCO and latterly Amaco it changed it's name to BP Amaco, by this time the majority of its shares were in European and US ownership, in 2000 it re branded to the current name BP with the new slogan "Beyond Petroleum"
Who are affected by the bp gulf oil spill?
all of us including the sea creatures and it can cause water pollution
Does the BP stand for british petrolium?
The BP company and brand was originally short for British Petroleum however BP has not been 'British Petroleum' for some considerable time, after several mergers and acquisitions with companies such as Castrol, ARCO and latterly Amaco it changed it's name to BP Amaco, by this time the majority of its shares were in European and US ownership, in 2000 it re branded to the current name BP with the new slogan "Beyond Petroleum"
Who owns BP oil company?
BP is mostly British AND American - 40% shareholders are British and 39% are US. Thus 21% are owned by shareholders in a number of other countries. Hence, it is, arguably, not a British or American company in the true sense but a multinational one.Note also, while the CEO is British, the Chairman is Swedish.While the parent company of the Group, BP plc, is registered in Britain, different parts of the BP Group are registered companies in different countries, including the USA, Britain and Russia, to name just three.Plus, BP is more correctly known as BP, and NOT British Petroleum. It has not been legally known as British Petroleum since 2001, when BP merged with the US company AMOCO.The company within the group that is actually closest associated with the Gulf oil spill is actually BP USA Inc.It is, therefore, argued that BP USA Inc that should be burdened with the cost of the oil spill cleanup, and not the whole of the BP international group.
When did the US oil spill happen?
The US has had many oil spills in its history including, most recently, the 2010 April 20 BP oil spill in the Gulf of Mexico off of Louisiana.For other spills, please see related questions.
How does the BP oil spill compare with others?
The BP oil spill is the worst Gulf Coast oil spill (second place is Ixtoc-1 in 1979), but it is not the worse spill in the world. Some consider the sinking of US oil tankers by German uboats to be the worst (~1943) , when summed together. Others would consider the Gulf War oil spill, however this was not an accidental oil spill. Wikipedia states the BP oil spilled is between 4.1 to 4.3 million barrels. Other websites quote 4.9 million barrels which is the semi-official estimate of oil from the Macondo well, but BP was able to recover 800,000 barrels, so 4.1 million barrels would appear (at least for now) to be the better estimate. These comparisons are not easy. A spill in the open ocean (as some with some tanker spills) may cause much less environmental damage, than the BP spill. Also, BP was able to skim, burn and disperse some of the spilled oil. See link.
