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BP: Ban On Drilling Permits Could Halt Oil Spill Claims Payments

First Posted: 9/3/10 Updated: 5/25/11

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Bp Drilling Permits

New York Times:

BP is warning Congress that if lawmakers pass legislation that bars the company from getting new offshore drilling permits, it may not have the money to pay for all the damages caused by its oil spill in the Gulf of Mexico.

Read the whole story: New York Times

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BP is warning Congress that if lawmakers pass legislation that bars the company from getting new offshore drilling permits, it may not have the money to pay for all the damages caused by its oil spill...
BP is warning Congress that if lawmakers pass legislation that bars the company from getting new offshore drilling permits, it may not have the money to pay for all the damages caused by its oil spill...
Related News On Huffington Post:
 

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Steven G. Brant Steven G. Brant: Did BP Just Blow Up The Obama Presidency? Rep. John Conyers Rep. John Conyers: Feinberg Let BP Go Back On Its Word to Compensate "All Legitimate Claims" Jim Garrison Jim Garrison: From Climate Change to Climate Shock: The Result of a Perfect Eco-Political Storm Jerry Cope Jerry Cope: No Safe Harbor on Gulf Coast; Human Blood Tests Show Dangerous Levels of Toxic Exposure G.W. Schulz G.W. Schulz: Coast Guard Resources for Protecting the Environment Fell in Recent Years Charlotte Dennett Charlotte Dennett: "Let Them Eat Fish:" Reflections on Deceptive Advertising by Entergy and BP Gina Solomon Gina Solomon: Seafood Safety: Lessons Learned From Exxon Valdez John DeCock John DeCock: Clean Water -- A Basic Human Right Karen Feridun Karen Feridun: Renewable Energy and Sustainable Living Festival in PA Presents Ideas for a Green Future
Steven G. Brant

Steven G. Brant: Did BP Just Blow Up The Obama Presidency?

BP is attempting to leverage its promised $20 billion Gulf Restoration Fund to get the US government to let it keep drilling in the Gulf. This $20 billion is a penalty. BP does not deserve to be compensated for paying its debt to society.

Filed by Travis Donovan  | 

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