bp could face up to 13.7 billion. have a separate set of money, and that is the natural resources money. how did the oil damage the natural resources. you have several different scenarios, and bp paid out there 28 billion, but could face that much more with the other fines. >> are we talking about years of courtroom battle remaining? >> you know, that is what is expected. one of the trustees that we spoke to said whatever claim we come up with, bp will appeal. if you look at the history, they have appealed decisions, and downplay the damage of what they say happened to the gulf. so it could be another 2-3 years before we see a resolution in terms of how much bp is ordered to pay. jonathan martin >>> with us now is dean blanchard. he owns a dock servicing local fishermen. he is the fourth generation of his family to depend on the waters. he said business was booming before the spill. he has 140 employees then, now he has 14. businesses that rely on nature have runs of good years and bad years. how do you know that the

i'm out in the cold. >> byron and khalid is suing bp. fishermen are still waiting on settlement claims. >> we've been left behind. we've been left behind. without an oyster for five years and no relief in sight. none whatsoever. >> so we're five years out and most people in the country see those marshs. the gulf is back, the movement is good, the beaches are clean. what's your message? >> my message is come to point la hache and see a community just dying away. >> former plaquemine's parish president billy nungusser, who is now running for lubt governor of louisiana, says this is the unseen damage of the bp oil spill. for many, a way of life that may be ending. >> louisiana seafood is the best in the world. and so the livelihood of a lot of people depend on it, not just the fishermen. people working the restaurants, people that distribute. it's a whole culture here and it's a whole way of life that for the last five years, as it's come back, and it has some, what is going to be the long-term effects and will there be a drop-off at some p

bp faces 13 billion more in civil penalties. the u.s. subsidiary can only afford a 2.3 billion fine. we're talking to experts tomorrow to see just exactly how much can bp afford and what will happen if they are charged the maximum fine. >> jonathan martin, thank you very much. coming up in the week ahead on tuesday the penalty phase begins for convicted bofort marathon boston marathon bomber dzhokhartsarnaev. and hearing for bowewe bergdahl. >>> protesting living and working conditions. when we return to al jazeera america, chicago about to announce reforms to its marijuana laws. also ahead: the digital divide. we take a look at why not everyone in the u.s. has access to fast affordable internet service. and that pilot who landed the gyrocopter on the lawn of the capitol, speaking out. g out. your kids... >> they're mine >> al jazeera america presents camp last resort on al jazeera america >> this is the true definition of tough love >> al jazeera america, weekday mornings. start your day with a view of the world. catch up on what happen

after the spill, bp downplayed any claims. negligence on the part of bp and contractors. the contractors trans-ocean and hali burton. more than 8,000 types of animals died in a few months following the spill. birds, turtles, mammals and some on the endangered species list. thousands harmed a fraction released back into the wild. >>> let bring in the managing director for princeton energy. and bob deans is the director of strategic resources. he is joining us from washington d.c. let start with you. give us some context from on echo logical spill point. where does the damage rate in terms of damage to the environmental systems. >> it's one of the worst history, ranking with the santa barbara spill, and the spill from the gulf of mexico. it's one of the most severe spills. ranks up there for ecological damage with the exxon spill of more than 20 years ago. >> tell us five years now, retrospective, what does the industry get wrong, what does it still get wrong? >> the major issue is we placed faith in the blow-out preventer, the fail safe device at the seabed that it would c

those funding decisions are not made by bp alone. they are deeply influenced by a group of federal and state officials known as the trustees. >> the majority of the projects across the gulf have been in the human use impact. >> reporter: kyle graham is the lead trustee for the state of louisiana. he says which projects get funded largely depend on each state. in louisiana fixing harm can mean fixing the environment. in florida that could mean rebuilding tourist attractions. >> we know in louisiana we have had natural resource injuries. when you look at florida their injury is to the human use factor, where people weren't able to use the gulf. >> what it comes down to is, there is a lot of pressure to all different types of projects. we don't actually know how these decision he are being made and it's happening -- additions decisions are being made. we would like it directed to restoration projects with a direct benefit. >> reporter: in alabama, a group has stepped in, and in bon secour bay it will create a new home for shrimp and oys

since bp, the dardars say that process sped up. we approach what was donnel's favorite fishing spots. this area was covered by oil. >> 15 feet on the bank here. >> 15 feet on the bank? >> at least 15 feet that went away. >> reporter: losing 15 feet of grasslands at this spot may not sound like a big deal but multiply that by the hundreds of miles of shore line polluted by oil, you get a sense of how much vital fish habitat may have been lost. >> all the bank, kill all the grass. >> reporter: that's not all that worried the dar dares since the bye-bye spill they say they have been catching deformed fish. this is a picture of one swollen red and missing scales. >> i quit shrimping with them. i wasn't going to put something on the market that i wasn't eating. >> reporter: you felt that you didn't want to put something in the market that wouldn't be safe. >> so i didn't go shrimping anymore. >> federal standards say gulf seafood is safe to eat. nonetheless, the government has documented severe illness in other animals damage to tuna tr

the disaster has already cost bp billions.ow the company is waiting to hear how much it will be fined by the federal government. jonathan betz has more on this story. >> reporter: good evening, john a judge could decide as soon as this much how much bp will have to pay. a recent filing says its u.s. subsidiary can't afford the maximum penalty. so we're waiting to see how tough the government will be. >> reporter: shorelines are no longer common in gulf coast communities, and the tar-like odor has passed. but what lingers five years later, are decisions, and debate about bp's financial liability, just how much should the company pay for pal looting the water and other damage to the environment? >> bp needs to stop whining and come clean. >> in my opinion the company has done its best to try to repair the damage. it hasn't run away from its responsibilities. >> reporter: since 2010 bp has spent more than $14 billion on response and cleanup. surveying and removing sludge along hundreds of miles in the gulf. regular cleaning opera

bp. which is the standout? bp. iain: i do not cover total as much.e the upstream is better in total where is the upstream in bp was worse than expected. offset by the good downstream numbers that will talked about. guy: does this change the m&a regarding bp? the fact it is doing reasonably well and the integrated model is working must give dudley some credibility. iain: you are right in terms of bob dudley. there is more support for him to remain independent rather than the takeover story. the takeover story itself -- you are not going to buy bp because of his downstream. you're going to buy because of upstream operations. will: we should look at some of the hurdles in the way of a takeover. you had interesting story yesterday that the british government is not going to just -- sit back. the real problem is you only have it by one company realistically. the only person who knows whether this is on the table is the exxon boss. francine: on that story, how much -- we are 10 days away from the election -- how much is this political noise? how much do yo

bp smashing estimates this morning. bp stock up 1.5%. daimler of 41% surge in profit.e go higher by 2.5%. then the big move lower is commerce break, raising $1.5 billion to try and boost capital. that index is a tale of two stocks. this one goes much lower, down by four and a half percent. the bond market is interesting. the equities are captivating. we are going to talk about that after the break. we talked to the ceo, who announced plans to step down by the end of the financial year. that conversation is about the u.k. election. join us for a conversation with andy harrison. ♪ jon: welcome back. we are at bloomberg's european headquarters in london and i'm pleased to say that bloomberg business europe launched today. in em ea alone that means access to 850 business reporters analysts and economists. if you view this from europe you will get news from europe that is relevant to you. i can tell you right now that in an our, you will get news on the u.k. gdp as well. this morning we will get that last piece of major economic data before voters head to the poll. there is

bp has taken a few steps to correct the issue.day, bp along with the federal and state trustees announced tentative approval for ten more natural resource restoration projects. none of the projects are for louisiana. last week in a historic move shareholders voted for the company to provide more information about its preparation for the low carbon transition. today activists are out in the streets demanding more. many feel the big oil company is not doing enough. it is virtually impossible to cover every facet of this tragic event. earlier, i went to the gulf to meet the people in the region. i found out how they are feeling about the devastation, the health concerns the restoration projects, and the legal fight to achieve restitution. >> that fire is still burning on that rig which is said to be leaking oil into the gulf. this as the coast guard begins to investigate what went wrong. >> describe the impact on the environment from the spill five years after the fact. >> ed if we told you some of the stuff we seen you wouldn't beli

bp contributed $700 million to projects like this. several hundred acres of marsh land form from sediment pumped through a pipeline aimed at repairing the damage. bp questioned the science and agenda of groups like yours. >> i confess the wildlife federation advocates for wildlife. we've been caught bp figured it out, that we advocate for wildlife. >> reporter: two reports with a different viewpoint. ultimately it will be up to a federal damages team to determine how much bp pays for the spill. while the government is assessing the overall damage and injury to the gulf the immediate concern is how much will it pay in civil penalties, based on what has been ruled, bp could face 13 billion in civil penalties. a judge is expected to make a ruling on the penalty later this month. >> how exactly does the government decide what bp will pay? >> they are using research. one of the trustees says the government is conducting 200 studies, some of the same research that bp used they have gone in partnership. he said they were trike to put togethe

a bp crew was seen digging up a 28,000 pound tarmac. and kat island, a nesting haven for birds before the spill is a lifeless sand bar. david with the national wildlife operation says it's hardly the reality. >> there's oil out here, there's clean up that has to happen. >> birds are a rare final, the lasting impact to wildlife is a widening debate. bp found data does not indicate a significant impact. the wildlife federation found there was a significant threat, with 20 species having problems five years after the spill. the idea that you would not have effects is pretty hard to believe. >> reporter: bottle-nosed dolphins were found dead along the coast. the nwf says there's evidence the deaths are connected to the spill. b.p. says there's no evidence of a link. with b.p. and the wildlife federation's reports far part, we went to kyle for answers, a member of the wildlife team. damage assessment team the group tasking with determining the long-term damage caused by the spill. he says the rival reports are driven by rival agendas, since

now bp faces some $13.7 billion in fines. question and the debate really centers on just how tough should the government be? >> so be holding bp accountable to the maximum fines under the clean water act, we're deterring other companies from taking the same negligent actions. >> i think the company should pay for the damage it has caused, but i think it has. and i think it becomes a point when it looks almost personal. >> reporter: so tony again, a judge set to decide any day now as soon as next week just how much bp should pay. again, it could reach $13 billion, it could be as low as a billion dollars. >> say, jonathan when it comes to damage to the gulf how was the government determining how much bp owes? >> reporter: well you know, there's a separate process called a natural resources damage assessment process. and federal researches are out and have been out for the last few years conducting hundreds of studies on the gulf. they are liking at barrier islands, and wildlife affected and they say they are going to put togeth

pelicans, turtles and other wildlife covered in sludge during the bp oil disaster.omorrow marks the fifth anniversary of the spill and while the gulf is on the rebound, there are still questions about the impact on animals who call it home. more now from our chief environmental affairs correspondent, anne thompson, who joins us from venice harbor in louisiana. anne, good evening. >> reporter: good evening, carl. commercial and recreational fishing are slowly coming back but five years after the spill, these waters still hold secrets scientists are trying to unlock. bottlenose dolphins, the graceful denizens of the gulf and one of the enduring mysteries of bp oil spill. as they have every spring since the spring a team of scientists are counting dolphins and calves in louisiana's barataria bay. >> we've seen animals today, both of which we expected to have a calf with them and we haven't seen a calf and so those are reproductive failures. >> reporter: far more are stranded turning up dead or distraught. maybe a year but this one has lasted five years. the longest str

so the idea that in five years bp can declare the gulf back to normal is ridiculous on its face. the area of the gulf has seen a continued above-normal rate of dolphin deaths that has been going on since the spill. in addition they've done studies capturing dolphins, checking their health. what they found are very sick dolphins. some of them dying at much higher rates compared to dolphin populations in areas that were not affect: we can't bring back the dolphins and turtles that are gone. but we can improve the habitat improve the ecosystem so that those populations can recover. well, cat island is a symbol. there are some of the largest nesting colonies of wading birds in north america here on the louisiana coast. the oil came in. it not only oiled both adults and young in the colony, many of which were rescued and attempted rehab on them but killed the plants. >> as the plants died, as you can see the island just disappeared. it's sad. if you saw what it looked like just a few years ago, it's sad. it's sad to look at the graveyard of what it once was. >> i spoke earlier with th

we have had the numbers from bp hotel.the numbers. ♪ >> time for the bar charts. it might not have escaped your notice, but u.s. economic data has been missing estimates for quite a while. here's a chart which illustrates this. this is the top chart, which measures weather data is beating or missing forecasts. there is zero in the far right-hand corner. data is missing. the figure above zero shows data is beating estimates. it has been below zero. the red circle is at the lowest level since the financial crisis at -7.34, the lowest since the financial crisis in 2000. this showed a barometer of service activity slumped in april for the first time since september. that represents uneven. here is a chart measuring the output for inflation. the difference between five-year government bonds. it has risen to 1.7%. that means traders see inflation averaging 1.7 percent a year over the next five years. that is below the 2% target. that is an encouraging trend for janet yellen. the current inflation which janet yellen prefers to se

bp has spent nearly 28 billion dollars so far to help the gulf economy and environment. and five years of research shows that the gulf is coming back faster than predicted. we've toughened safety standards too. including enhanced training... and 24/7 on shore monitoring of our wells drilling in the gulf. and everyone has the power to stop a job at any time if they consider it unsafe. what happened here five years ago changed us. i'm proud of the progress we've made both in the gulf and inside bp. >>> in today's "closer look," more police videos making headlines, the latest leading to praise for an ohio officer who exercised restraint while confronted by a suspect killer. that incident ending without bloodshed. but after a reserve officer in tulsa, oklahoma, killed a suspect when he mistakenly fired his gun instead of a taser, many are asking whether volunteer officers should be armed in the first place. abc's jim avila has more. >> reporter: in tulsa, oklahoma, where a full-time insurance executive and political donor to the sheriff, volunteered as a reserved deputy and

bp paying nearly $28 billion for cleanup and initial settlements.s have started to bounce back. >> we mobilized hundred of thousands people who spent 70 million man hours, there's no question that the combination of the response and the natural resilience of the gulf greatly mitigated the impact of the spill. >> reporter: still a cloud hangs over the waters. >> personally, i don't think it's getting better. the waters are sketchy, a few areas are dead zones. >> reporter: levy spent the last four decades shrimping. and we kept up with him since the spill. he's not just worried about the shrimp deemed healthy to eat by the government and rebounding in population, but also his own health, problems he says like -- >> eye infections. headaches and memory loss. >> reporter: after effects he claim from the cleanup. he's one of a dozens with pending suits against bp for medical claims after opting out of an initial settlement he believed fell short. but then there's the question of the oil itself. we went out with scientists who have been studying these wat

. >> since bp we approach one of donald's favorite fishing spots. during the spill this area was covered in oil. >> 15 feet on the bank. >> 15 feet that went away. >> that's not all that worries them. since the bp spill they say they've been catching deformed fish. this is a picture of one. swollen red and missing scales. bp recently released a report tied to the fifth anniversary of this spill. it says there has not been any significant long-term impact on the marine life in the gulf, adding that the location of the spill in deep water and a massive response which followed mitigated the damage. five years after the spill fishermen all along the gulf coast have fallen on hard times. oyster men have been hit particularly hard. according disappearing habitat and fishermen blame the oil decisions made by the federal government during the crisis. one study published in the scientific journal "environment "environmental" said that dispersant has been multi multiplied by 50. >> they say that the effects are still quite visible. >> we know from the other s

how has bp changed?you've won back the public confidence and trust. >> we keep working on it every day. yesterday was the fifth anniversary, the company has completely transformed, how we're structured we're focused on safety. the standards we brought in. a huge commitment to the gulf. >> you've come in and made a number of sweeping changes. how many have been directly related to that? >> we changed the structure of our whole global organization in terms of the way we run our upstream business we put safety standards all around the globe. we work with governments all over the world to bring the learnings from it. the u.s. government just came out with new drilling standards in the gulf. it's more or less changed inside of bp. i'm proud of how everybody in the company have worked to push through the changes. >> some have said those changes make the gulf a little less efficient, a little less profitable. can the gulf still be profitable with the new regulations? >> it has to be. this is what the industry n

bp's deep water horizon oil well unexpectedly exploded killing 11 rig workers, that set in motion 87rolled gusher in the gulf, leaking more than 130 million gallons of oil. today, the gulf is on the rebound, but the debate rages on about the long-term impact of the spill. many gulf coast communities are still recovering and thousands of lawsuits against bp are still pending. to date bp has spent more than $30 billion in claims and cleanup, with $13 billion more still budgeted. the lasting effect of the deep water horizon disaster on the gulf is the subject of a new documentary airing tonight on pbs. margaret brown and alabama native traveled to the gulf to get a first-hand account of those affected, includeing survivors from the original explosion. >> i can smell that night now. i can smell -- i can smell smoke, oil, insulation. they had to cut it off of me. i was having extreme difficulty moving. >> documentary filmmaker margaret brown joins us. thank you so much, margaret, for your time. >> my pleasure. >> i know you talked to a number of people we're going to show another clip her

bp's then-ceo put his not in his mouth morn once.into the disaster tony heyward told the reporters the amount of oil spilled was, quote, tiny, compared to the size of the gulf. he also disputed scientists claims there were large plumes of oil beneath the surface and made just about everybody angry when he said famous lirked like my life back. so did countless other people who needed help. the oil stained more than a thousand miles of coastline from place to place. devastated wildlife. forced fish and tourism based businesses to shut down in 2013 bp pleaded guilty to manslaughter in the rig workers' death. just last september judge ruled bp was reckless and acted with, gross, gross negligence, unquote. the oil giant would have been on he hook for an additional $18 billion, on top of the billions it agreed to pay but in january a different judge lowered the amount and now the government is appealing that decision. in other words, five years later this ain't over. casey stiegel is live in louisiana. what sense did you get from people th

i am seeing bp stocks move higher by 3%. what are your thoughts on that? >> absolutely. we are discussing it being made. this is something we are not aware of. it is maybe going to trigger some other companies in the sector. >> thank you for joining us. i want to get the take of this. we saw the collapse in oil. >> i think one thesis is the cost problem. with -- with the weakness in assets they are coming up with problems. they will use this opportunity to lower the cost of it. i think it was extremely intense in the last few months. we reflect that to a huge extent. maybe the stabilization we are seeing seems to be coinciding with the oil price. from an m&a point of view it may make better positions when you expect them not to move as much. >> looking at the stock up 42%. if i sit with you it is still a low price. if you look at the average premium it is at 40%. these companies are going to play -- to pay a solid premium to get these acquisitions group. is that something you still expect, even though we are in a rough environment? questec think the fact you are going to

since the bp spill they say they've been catching deformed fish. this is a picture of one. swollen, red and missing scales. bp released a report. they say there has not been any significant long-term impact on the area. five years after the spill fishermen all along the gulf coast have fallen on hard times. oyster men have been hit particularly hard. according to seafood processers the oyster harvest in the gulf of mexico has plummeted since 2010. again, disappearing habitat is one of the reasons why. however, fishermen also blamed the oil and decisions made by the federal government during the crisis. one study published in the scientific journal said that the disperses used in the gulf may be a toxin by the factor of more than 50. >> you can watch michael's full report on america tonight at 10:00 p.m. eastern 7:00 pacific. >>> california's governor is employ to cut water usage by 25%. the state has been in what is called an exceptional drought for most of the past four years. governor brown said that he will not relax his new rules despite complaints that they are too rig

bp has spent nearly 28 billion dollars so far to help the gulf economy and environment. and five years of research shows that the gulf is coming back faster than predicted. we've toughened safety standards too. including enhanced training... and 24/7 on shore monitoring of our wells drilling in the gulf. and everyone has the power to stop a job at any time if they consider it unsafe. what happened here five years ago changed us. i'm proud of the progress we've made both in the gulf and inside bp. >> o'donnell: the iran deal in perspective turn to some of the best in the business, margaret brennan is state department core upon dent is covering the negotiations in switzerland. david ignatious is columnist for the "washington post." jeffrey goldberg and david sanger also just back from switzerland. welcome to all of you. david ignatious let me start with you you said this framework is better than many feared why? >> i take the specific provisions you summarized those at the beginning of the show, just we're better in most dimensions than we had been led to expect. expecting

it was five years ago five years ago oil began gushing from bp into the gulf of mexico and the impact on businesses is still being felt today. >> this was the scene five years thousands of gallons of oil gushing into the gulf of mexico following the explosion on bp's deep water horizon's platform resulting in the biggest environmenl disaster in u.s. history. >> for deep water operator it will never been the same. >> that's the take. not for big oil. not for sea food industry. not for the environment. that doesn't mean business is not getting done it just means it is changing. as a matter of fact the pace of off-shore drilling in the gulf is rising but still not at pre-spill levels. one of the biggest challenges operating in an environment where it is 20% to 30% less efficient to drill, the reasons, the need for increased blow out, and contingencys for this not happening in the future. everyone seen what happened to bp and nobody wants to have to face that. >> also hoping to avoid repeat significance situations oyster farmers. >> over on this side we have six people opening oyster and

bp has spent nearly 28 billion dollars so far to help the gulf economy and environment. and five years of research shows that the gulf is coming back faster than predicted. we've toughened safety standards too. including enhanced training... and 24/7 on shore monitoring of our wells drilling in the gulf. and everyone has the power to stop a job at any time if they consider it unsafe. what happened here five years ago changed us. i'm proud of the progress we've made both in the gulf and inside bp. >> schieffer: some of our stations are leaving us now. for most of you we'll be righted back with a lot more "face the nation" including our political panel and look back at the oklahoma city bombing. took place 20 years ago today. stay with us. >> schieffer: welcome back to fakes the nation. all all-star political panel. april ryan for american urban radio network author of "the presidency in black and white" dana milbank for the "washington post," want to welcome david cantanese senior politics writer for u.s. news and world report. plus we're joined by our own congressional c

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bp has spent nearly 28 billion dollars so far to help the gulf economy and environment. research shows that the gulf is coming back faster than predicted. we've toughened safety standards too. including enhanced training... and 24/7 on shore monitoring of our wells drilling in the gulf. and everyone has the power to stop a job at any time if they consider it unsafe. what happened here five years ago changed us. i'm proud of the progress we've made both in the gulf and inside bp. >>> believe it or not, it is only day nine of hillary clinton's 2016 presidential bid. today her van rolled into new hampshire, of course home for the first primary of the election season and where she pulled out a surprising victory during her last presidential run in 20208. today voters got more of the low-key road trip campaigning first introduced last week, a small child got carried around. initial small group gatherings and talk of actual substance. while major policy are not -- mrs. clinton talked about everything from insurance coverage to universal pre-k to the challenges of drug abuse. t

so the idea that at five years bp can declare the gulf back to normal is ridiculous on its face. this area of the gulf which got the bulk of the oiling has seen a continueed above-normal rate of dolphin death that's been going on since the spill. in addition, they've done studies actually capturing dolphins checking their health and what they've found is shocking. very sick dolphins, some of them dying at much higher rates compared to dolphin populations in parts of the gulf that were not affected. we can't bring back the dead dolphins the dead pelicans, the dead turtles. they're gone. what we can do is improve the habitat, improve the ecosystem so that those populations can eventually recover. ket island is a symbol. they are some of the largest colonies of nesting burts coming nesting nesting birds the oil spill came in, eventually killed the man mangrove. >> smothered the plants and they died. as they died, the island just disappeared. it's sad, if you-if you saw what it look like just a few years ago, it's sad. it's sad to look at the graveyard of what it once was. >> last we

bp has spent nearly 28 billion dollars so far to help the gulf economy and environment.ive years of research shows that the gulf is coming back faster than predicted. we've toughened safety standards too. including enhanced training... and 24/7 on shore monitoring of our wells drilling in the gulf. and everyone has the power to stop a job at any time if they consider it unsafe. what happened here five years ago changed us. i'm proud of the progress we've made both in the gulf and inside bp. you can call mbut,allow... i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro. >>> we met incredible centenarians on the blue zone journey, each with wisdom and advice for living long and healthy lives. taken together, there's common themes and common sense. call them longevity take aways. >> you talk about these four principles, which i love, because they mak

bp has spent nearly 28 billion dollars so far to help the gulf economy and environment. and five years of research shows that the gulf is coming back faster than predicted. we've toughened safety standards too. including enhanced training... and 24/7 on shore monitoring of our wells drilling in the gulf. and everyone has the power to stop a job at any time if they consider it unsafe. what happened here five years ago changed us. i'm proud of the progress we've made both in the gulf and inside bp. >>> and the winner is -- wow, so beautiful. shailene woodley. >> that's vin diesel announcing the best actress winner at the mtv meefb awards last night. she won for "a fault in our stars." she also won for best movie, and best kiss. >>> in our nation's capital, the nation's stars are flowers. the national cherry blossom festival wrapped up sunday and huge crowds appeared on a warm day. >> we love it here. we've never seen it before. >> technically we do this err year. you know i come to the cherry blossom and look at people and enjoy, you know the beauty of the cherry blossoms.

bp not as strong as it maybe would have been. if you can get the right deals with these exploreation focused business that can be good for your business. synergy, cost saveings massive, big overlap. shell and oil, although an oil and gas company, gas is now more than 50% of its business. bg group is a massive liquid natural gas business. it is the biggest supplier to china, one of the biggest grow growing markets shell wants good access to. >> a good deal it sounds like especially for shell. briefly one last question one of the big problems with the slump in the oil prices we've seen in the industry is exploration investment has almost dried up. deals like this will that give -- will we see them more investment going back into i don't know -- >> shell has cut its investment bg group cut its investment. as you say, we're in a period investment is being cut back. of course, these are 30 year decision decisions. you have to be making decisions where we will fossil fuel demand be in 30 years. if you go to the latest bp trend trends r

bp. talk to us about bp. >> these were a pretty good set of results in context. they did beat expectations. a lot of that was down to refine chg is excellent and they're saying we'll continue. i think here we're starting to see the real signs of cost control in the industry which is what we need to see in the new world of $65 oil and not the $10 plus we saw a year ago. >> and that cost control is not just bp. they're still having to deal with the deep water clean up. >> the disaster. >> yeah exactly. >> the important point i think is to get their own controllable cost under control. it has had all of these issues of cost inflation and cost broadly speaking have quadrupled spending on what you're spending the money on in the last ten years. now for bp management we're seeing the first signs of what they're doing to actually deliver for shareholders those cost savings both at an operating cost level but also in the cap ex and cash flow to shareholders. >> you say they're good in context with what they're dealing with but wouldn't you say a lot of oil companies shou

. >>> and a look at the condition of the gulf of mexico five years after the bp oil spill.wo reports paint very different pictures. >>> officials in panama beach, florida promised a major crackdown after a sexual assault happened on a crowded beach. >> reporter: this is the portion of the individual dwlee police have released to the public. the explosive part is what you don't see here an unconscious young woman being sexually assaulted on a florida beach. >> this is like no more than a group of wild animals preying on a carcass as it's laying in the woods. there were three subjects shown on video with an incapacitated female as she lay incapacitated, these three subjects were sexually battering here. >> reporter: on wednesday police arrested a tennessee college student. he is the third person to be charged in this case. the 19 year old victim has not been identified. the alleged incident took place in brood daylight at a time when thousands of students were crowding panama city beach. >> we have got to get control of our beaches. it is not safe for our children. >> reporte