Tag: BP
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20 Billion=A Good Start
Several times today I was told, overheard, or read the suggestion that the $20 Billion that BP has agreed to place in escrow will be the limit of their liabilities. No. It is only the start of what may be as much as $100 Billion. From the BP press release: The fund will be available…
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Top Kill May Have Worked
Video looks promising. BP says it will know for sure tomorrow. Oh and the spill is “several times worse” than originally thought. I don’t care who you are,the magnitude of the spill is completely incomprehensible. And yes this is, and should be, Obama’s Katrina.