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Obama Backs ‘Significantly’ Higher Damage Cap After BP Spill

Posted on May 10, 2010 by bp complaints

Obama Backs ‘Significantly’ Higher Damage Cap After BP Spill
May 5 (Bloomberg) — The Obama administration is backing “significantly” higher limits for damages BP Plc might face for the oil spill in the Gulf of Mexico and won’t rule out scaling back plans to expand offshore drilling.

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