Thursday, September 2, 2010

BP Says Limits on Drilling Imperil Oil Spill Payouts

http://www.nytimes.com/2010/09/03/business/03bp.html?_r=1&emc=na

Oh poor BP. Maybe they should have saved some of that bonus money they gave out and pay their bills.
You know like save for a rainy day.
Coz when it rains it pours.
BP looks to be more like blackmailing Congress than warning them.
If we can't play, we won't pay.


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.

The company says a ban would also imperil the ambitious Gulf Coast restoration efforts that officials want the company to voluntarily support.