Obama administration officials and BP executives came under fire during congressional hearings over the consequences of the oil spill and the ongoing cleanup efforts. Jim Lehrer gets two points of view, from Florida’s Sen. Bill Nelson and Alaska’s Sen. Lisa Murkowski.
Video Rating: 4 / 5
CS Sees Total BP Oil Spill Cost Up To Billion, To Eat Up 3 Years Of Free Cash Flow, Will Require 10% Rise In Gearing
Some more bad news to BP, and to all those chattering heads that due to BPs tens of billions in cash, any cleanup costs are just a drop in the bucket. Credit Suisse has just come out with a new estimate of total clean up costs and liabilities to BP: the Swiss firm sees BP paying between and billion in clean up costs plus billion of claims. The punchline: ” This would absorb 3 years …
Read more on Zero Hedge
 CNN |
Seafood testing from Gulf oil disaster could last years
USA Today By John Moore, Getty Images By Brian Winter, USA TODAY The danger posed by the Gulf oil spill to the US food supply is worse than previously thought, … BP Oil Spill: NOAA Shuts 19 Percent Of Gulf Coast Says CNN No end in sight for US oil disaster Twenty tar balls found on Key West beach; their origin's unknown |
BP’s Image Coated in Sludge After Years of Greenwashing
For the last decade, BP has been busily engaged in a multi-million dollar greenwashing campaign.
Read more on Baltimore Chronicle & Sentinel
BP Spill Biggest Energy Insurance Loss in 20 Years (Correct)
The sunken Deepwater Horizon oil rig in the Gulf of Mexico will lead to the biggest energy insurance losses in more than 20 years, Catlin Group Ltd. said.
Read more on BusinessWeek
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