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