BP has "learned its lesson" from the Gulf of Mexico oil spill and has made "very significant progress" in strengthening offshore-drilling safety, said William Reilly, co-chairman of President Barack Obama's oil-spill commission. "[BP] should have [learned its lesson] -- it had a $100 billion market cap destruction and undetermined yet total cost as a result of fines and penalties," Reilly said. "But yes, I believe they deserve a lot of credit."

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