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Alabama Gulf Response

DATE: August 31, 2010 3:35:58 PM CDT

Dudley: BP is in the Gulf Coast to stay

BP's Managing Director Bob Dudley has reasserted the company's long-term commitment to the Gulf Coast region in a speech to the Southern Governors' Association in Alabama.

He said: "Like most large companies, BP can often seem like a big, impersonal logo. But also like any other company, it is made up of people, there are 23,000 of them in the US, along with more than 75,000 retirees, of which many came out of retirement to offer help. They get up every morning and believe they are making a positive difference by providing the energy people need to drive to work, get their kids to school, cook the family meals and live a decent life.

"They are deeply saddened by what has happened, but they aren't paralyzed by it. They are determined to meet our commitments and to restore trust in our company, because this is their home too, and because they believe their company should live up to its responsibilities.

"We know the eyes of the world are upon us. President Obama, members of Congress, as well as governors, local officials and the general public, have made very clear their expectations of BP. We have no intention of disappointing them.

"We are in the Gulf to stay. We and our heritage companies have been part of the life and culture here for many decades. And we plan on being here for many more."

Read full speech here.

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