By Daily Crux Editor Justin Brill:

Eccentric - but widely followed - energy analyst Matt Simmons is back in another shocking interview on the Gulf oil spill.

He caused a stir last week when he suggested a second, larger spill was leaking up to 120,000 gallons of oil per day into the Gulf, and suggested using nuclear weapons to end the leaks.

Simmons is now predicting that the growing costs of the Gulf spill will be too much for BP to pay, and that it won't survive as a publicly-traded company. He also thinks responsibility for the spill will fall on BP alone, and that the oil services companies like Transocean (RIG) will be "exonerated."

Read full article (with video)...

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