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Page last updated at 06:39 GMT, Monday, 7 June 2010 07:39 UK

'Expect more expensive oil extraction'

BP is now capturing half the oil spewing from the well and says that by next weekend it should be capturing the vast majority of the oil.

Oil analyst Nick McGregor assesses the effect of the oil slick on the company's reputation and economy. He says in the future companies will be expected to file a "disaster plan" and be "equipped with the kit" to manage any problems.

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