Friday, September 3, 2010

BP Holds Oil Spill Payments Hostage, Claims Oil Restrictions Hurt

As reported through a Foreign Policy Magazine news brief:
BP officials hinted that the company may not make voluntary payments, which it had previously consented to in the wake of the oil spill in the Gulf of Mexico, if Congress goes forward with plans to restrict the company's activities in the Gulf of Mexico.
BP is saying "if lawmakers pass legislation that bars the company from getting new offshore drilling permits," Gulf coast restoration is in jeopardy. Kind of gives new meaning to using the words "snake" and "oil" together. Think snakey oil salesman instead of snake oil salesman.

Read more at the New York Times.

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