Is BP Looking Too Far Beyond Petroleum?
Consumers already outraged at high gas prices this summer have one more reason to fume. Last week’s announcement by UK-based BP that it was shutting down Alaska’s largest North Slope oil field after discovering dangerous corrosion along its feeder pipeline has driven prices at the pump to new record highs in some parts of the U.S. The oil field in question accounts for about eight percent of all domestic oil production.

