The comment that serves as the title of this post qualifies as genuinely good news these days at BP p.l.c. However, as noted in this post from just the other day, it is getting a bit difficult to keep up with BP’s various problems these days.
Another fire erupted at BP’s Texas City plant Thursday evening, just four months after the one in March this year that caused 15 deaths and dozens of injuries. No injuries were reported in Thursday’s fire that took place in BP’s Texas City 1,200-acre complex, but not close within the complex to the unit that exploded in March. BP released a statement saying that “there is no connection between the two incidents.”
Meanwhile, crude-oil futures settled up nearly a dollar to push prices above $60 a barrel for the first time in more than two weeks.