The Macondo Monkey on BP's Back
And their well from hell may turn out to be the vampire that no one can drive a stake through. As veteran New Orleans litigator and oil industry nemesis Stuart Smith describes in his blog;
Both companies, BP and Transocean, know how much is at stake here. The Coast Guard laid it out very clearly: “The responsible party may be financially accountable for debris removal costs and damages resulting from the pollution incident.” And just to clarify: The fact that the Coast Guard has ordered Transocean to find the source doesn’t mean Transocean is ultimately responsible for the new leakage or the resulting pollution damages. USCG Capt. Burton simply said this of the possibility that either the damaged riser or the Deepwater Horizon wreckage is the culprit: “Transocean will come up with the best way to determine if they are the responsible source.”