BP Complaints

BP’s Spill Fund a Billion Shakedown, Barton Says (Update5)
June 17 (Bloomberg) — Representative Joe Barton , a Texas Republican, said a fund BP Plc agreed to establish after meeting with President Barack Obama yesterday amounted to “a billion shakedown.”
Read more on Bloomberg

BP’s Spill Fund a Billion Shakedown, Republican Barton Says
Rep. Joe Barton, a Texas Republican, said a fund BP agreed to establish after meeting with President Obama yesterday amounted to “a billion shakedown”
Read more on BusinessWeek

billion no strain for BP, but investors fear total tab
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 its size and makes more money than Apple and Google combined.
Read more on Louisville Courier-Journal

Why BP’s commitment to pay billion in Gulf spill is only a drop in very large bucket
NEW YORK — BP holds enough oil in its reserves to single-handedly supply the United States for two years.
Read more on Red Deer Advocate

BP’s Spill Fund a Billion Shakedown, Barton Says (Update4)
June 17 (Bloomberg) — Representative Joe Barton , a Texas Republican, said a fund BP Plc agreed to establish after meeting with President Barack Obama yesterday amounted to “a billion shakedown.”
Read more on Bloomberg

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Oil has entered the fast flowing Perdido Pass, AL

Image by BP America

Why BP’s commitment to pay billion in Gulf spill is only a drop in a very large bucket
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 its size and makes more money than Apple and Google combined.
Read more on Minneapolis-St. Paul Star Tribune

BP pledges US billion compensation
Reuters. WASHINGTON. An “unprecedented” string of failures triggered the Gulf of Mexico oil spill, BP’s chief executive argued yesterday, a day after his firm pledged at least US billion in compensation.
Read more on The Herald

billion is just a drop in BP’s very large bucket
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 its size and makes more money than Apple and Google combined.
Read more on Texarkana Gazette

28 May 2010

Image by Louisiana Sierra Club

BP agrees to 13.6 billion fund for spill claims
WASHINGTON (Reuters) – Under intense pressure from President Barack Obama, BP Plc agreed on Wednesday to set up a billion (13.6 billio pound) fund for claims from its huge Gulf of Mexico oil spill and suspended dividend payments to its shareholders.
Read more on thewest.com.au

BP agrees to billion fund for spill claims
WASHINGTON (Reuters) – Under intense pressure from President Barack Obama, BP Plc agreed on Wednesday to set up a billion (13.5 billion pound) fund for claims from its huge Gulf of Mexico oil spill and suspended dividend payments to its shareholders.
Read more on Reuters via Yahoo!7 News