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BP just discovered a billion barrels of oil in the Gulf of Mexico

Crap. We all know how this story plays out...

BP just discovered a billion barrels of oil in the Gulf of Mexico

•BP discovers 1 billion barrels of oil at its Thunder Horse field in the Gulf of Mexico.

•The oil giant also says it will spend $1.3 billion to develop a third phase of its Atlantis offshore field south of New Orleans.

•BP credits its investment in advanced seismic technology for speeding up its ability to confirm the discoveries

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