Just as the oil spill in Gulf of Mexico has been marked as the most horrible case, the BP shares, Company responsible for this explosion, have also fell drastically. This happened noticeably prior to a U.S. lawmaker passing a document that pegged this spill. It has created losses more than expected by the Government statistics.

The stocks have almost reduced to half the original ones recorded before April 20 and declined sharply by 4%, just by the Government document reading 60,000 barrels per day was in contrast to the rate of 100,000 barrels per day.

BP Spokesman, Toby Odone said that the document was totally genuine but it only the figures of blowout preventer weren’t included in it. The Company has already spent out $105 million to repair the damages for the ones affected by the spill.

However, the Company is not accepting the controversies put up by its contender, Anadarko Petroleum, that the former had been careless in the installation operation.

Barclays Capital Analyst, Lucy Haskins said, “It's a combination of things (affecting the share price). Over the weekend we were getting the news flow about Anadarko refusing to pay and then there are these stories about higher flow rates in an internal memo. The shares are very vulnerable to any movement in terms of news flow”.