Beyond Rationality

So BP has decided they might get out of the 'green' business, which I can't say I don't blame them.

Their track record over the past few years has been marred by pipeline leaks and refinery explosions, most notably the Texas City blast in 2005.

With such a giant target on their backs as well as impending demand from shareholders to squeeze profits, what did you expect them to do?

I said from Day 1 that their marketing gimmick of 'Beyond Petroleum' was image fodder. No one with a brain would put any investment into that.

But the significance of this announcement is the fact that BP has realized alternative energy ventures are just too expensive and not profitable at this time.

When will the rest of America wake up?