UK 17:56 Saturday, 3 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
America, or at least its coastal region around the Gulf of Mexico - which was unfortunately flooded with crude oil from a BP platform a year or so ago - may be a land of dreams over the rainbow; but they are not necessarily pleasant dreams as BP - like Dorothy and her little do Toto from the “Wizard of Oz” which I watched with my grand-daughter over the weekend - are finding out. It is curious that the tin man in the film is made out of old oil drums and oil cans. But is BP “Dorothy” who eventually gets back to normality, or the “tin man” without a heart who does not?
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