THE GOVERNMENT AND BP JOINED EFFORT TO PLUG-UP THE LEAKAGE IN THE UNDER WATER CRUDE OIL WELL HAS FUELED CRITICISM OF THE ADMINISTRATION ALLOCATION OF CONTRACTS TO ILL-EQUIPPED OFF-SHORE AND UNDER WATER CRUDE OIL DRILLING COMPANIES.

The government and BP effort to plug-up the leakage in the under water crude oil well in the gulf of Mexico in the last few weeks of crisis has thrown the company in to income loss measured over sixty five percent drop in stock to the lowest point since its establishment and the company's chance to win higher stake in contracts of the current Administration project for off shore and under water crude oil drilling to meet higher demands in domestic energy needs has been significantly reduced. Some domestic companies have suggested the sale of BP to avert financial crisis, while others have criticized the Administration allocation of contracts for under water drilling companies that have been less equipped to handle accidents that may occur in crude oil companies operating both off-shore and in under water oil wells.

Written by Godfrey Ohia.