the way understand it, bp will pass on it first, if they agree to pay, they pay. if they don't it, goes to the panel for review. that stounds like a fairway of a check and balance system to see can the right thing be done and can it be done quickly. >> strategic retreat. in military terms it means you go back to higher ground. if you know you're losing you go back and fight another day. is that what tony hayward and his people decided to do before they went to the white house to agree to the $20 billion? >> they have no bargaining leverage whatsoever. they are in deep trouble. if they want to continue to be operators in america and make full use much all the resource anesthesia have, they had better be cooperative partners with the u.s. government in terms of finding a resolution that everybody can hold their head up and say we did the right thing. i think that's what was behind yesterday's agreement foo it was a smart move. they're beginning to show they're aware of the situation they're in politically. >> absolutely. >> it's great having you on.
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