Bp Escrow Fund Bp 20 Billion Escrow

Did BP Just Blow Up The Obama Presidency?

Steven G. Brant | Posted 05.25.2011

Steven G. Brant

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.

BP Oil Spill: A $20 Billion Drop In A Very Large Bucket

AP | BERNARD CONDON and MICHAEL LIEDTKE | Posted 05.25.2011

NEW YORK — BP holds enough oil in its reserves to single-handedly supply the United States for two years. It has little debt for a company of it...

BP: 'Small People' Matter To Us, Chairman Carl-Henric Svanberg Says (VIDEO)

Posted 05.25.2011

BP Chairman Carl-Henric Svanberg gave a press conference after BP's four hour meeting with Obama at the White House. During his statement, he disputed...