By Chris Nashawaty
Updated June 05, 2010 at 04:09 PM EDT

James Cameron might have declared himself “the King of the World” after winning an Oscar for Titanic, but if you ask BP, he’s not quite the king of ideas. And the director is taking his revenge — Cameron’s slamming BP, the company currently in the crosshairs for the biggest oil spill in U.S. history, after they rejected his problem-solving ideas. Last week, Cameron made headlines when he was approached by the government to brainstorm new approaches to plugging the deep-sea gusher in the Gulf of Mexico. And now, in the second act of that unlikely Hollywood-comes-to-the-rescue soap opera, Cameron appears to be feeling a bit spurned by BP’s reluctance to listen to him.

In an interview at the D8 tech conference on Wednesday night, Cameron said:

“Over the last few weeks I’ve watched as we all have with growing sort of horror and heartache watching what’s happening in the Gulf and thinking, those morons don’t know what they’re doing.”

What do you think: was BP wrong to dismiss Cameron’s ideas or should they listen to the Avatar director? Watch the video, and vote in our poll, after the jump.