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Still A Lot Of Work To Do In Gulf?

Wednesday, 4 Aug 2010 | 5:47 PM ET

We may be near a turning point in the attempt to permanently stop oil from leaking into the Gulf.

On Wednesday, BP reported that mud forced down the well overnight was pushing the crude back down to its source for the first time since the Deepwater Horizon rig exploded off Louisiana on April 20.

Meanwhile, a report released earlier in the day said 74 percent of about 4.9 million barrels released since the April 20 blowout at BP's Deepwater Horizon rig can be accounted for: 25 percent was burned, skimmed or directly recovered from the wellhead, 25 percent naturally evaporated or dissolved and 24 percent was dispersed, either naturally or with chemicals

Considering shares of Clean Harbor surged as BP’s troubles in the Gulf mounted, how big's the market for clean harbors if the harbors are clean?

Find out from Clean Harbors CEO Alan McKim. Watch the video now!

Beyond BP: After the Spill
BP shares rollover even after plugging spill and reports oil dissolving, with Alan McKim, Clean Harbors CEO.




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Trader disclosure: On Aug 4, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (AAPL), (BAC), (BX), (GOOG), (INTC); Terranova owns (AMZN), (AKAM), (APA), (AGU), (ADBE), (BAX), (BBY), (BMO), (C), (COP), (CVS), (EMC), (FCX), (GOOG), (GS), (JNPR), (JOYG), (KOL), (KR), (MMM), (MOS), (MSFT), (PCP), (PEP), (PFE), (POT), (RIMM), (TER), (SKX), (SU), (UAUA), (WYNN), (XBI); Finerman owns (AAPL); Finerman's firm owns (ARM); Finerman's firm owns (LEA); Finerman & Finerman's firm owns (RIMM); Finerman's firm owns (WMT); Finerman's firm owns (DAN); Finerman's firm is short (IJR); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Pete Najarian owns (C); Pete Najarian owns (CTRP); Pete Najarian owns (ALL); Pete Najarian owns (GS); Pete Najarian owns (MGM); Pete Najarian owns (PFE); Pete Najarian owns (RSH); Pete Najarian owns (ETFC)

For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
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Virtus Investment Partners own more than 1% of (WDFC)
Virtus Investment Partners own more than 1% of (YDNT)

For Barry Ritholtz
IntercontinentalExchange (ICE)
Borg Warner (BWA)
Sprint PCS (PCS)
Arch Coal (ACI)
Clean Energy Fuels (CLNE)
American Tower (AMT)
Riverbed Technology (RVBD)
UAL (UAUA)
Southwest (LUV)
Isilon Systems (ISLN)
Citigroup (C)

For Jeffrey Holford
Jefferies expects to receive or intends to seek paid investment banking assignments from Pfizer Inc. and Sanofi-Aventis SA within the next three months.

For Dennis Gartman
***No Disclosures***

For Rob Samuels
***No Disclosures***

For Mike Khouw
***No Disclosures***

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