Google, Bing and Yahoo are profiting from the BP oil spill as the besieged business fights to polish its oil stained image. Type "oil spill" in those search engines and BP seems at the top of the page. BP is distributing its oil wealth to search engines as the company’s stock price goes through the floor, threatening its future although it has billions stashed away. BP’s response to the disaster is frustrating lawmakers, who publicly chastise the business for prioritizing dividends over damage claims. Meanwhile, the oil spill in the Gulf of Mexico 2010 added up to as much as 125 million gallons and counting on day 52 of the disaster.

Article Resource: BP buys top oil spill search listings as BP stock price plummets

BP’s fabricated oil spill search

BP is hoping web users won’t notice the company’s search ranking is bought and paid for. USA Today reports that BP, which has been criticized for spinning and withholding data about the disaster, is paying search engine companies Google, Bing and Yahoo to show up as the top sponsored ad for search queries such as "BP news," "oil spill" and "oil spill claims". The store-bought links lead to a BP site featuring corporate versions of the oil spill response with press releases, photos and video. One thing browsers won’t discover on BP’s site is the failing oil spill cap obscured by a gushing flow of crude on the oil spill live feed.

BP stock price plummets

So far BP's oil spill ploy with the search engine companies hasn't helped its stock price. BP stock slumped to its lowest price in a lot more than seven years in London trading, driven by U.S. political pressure over its failure to halt the oil spill in the gulf of Mexico 2010. Investors in Britain, where BP stock is widely held by pension funds, are furious over suggestions by U.S. politicians that BP should not pay a dividend until it cleaned up the oil spill. The Associated Press quoted House Speaker Nancy Pelosi as saying that BP, responsible under the law for the spill’s economic damage, should withhold dividends until the crisis is resolved.

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CNNMoney.com

usatoday.com

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