infrogmation (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
infrogmation) wrote2010-07-24 11:58 pm
infrogmation) wrote2010-07-24 11:58 pm
BP $
Daily Mail: Buoyant BP braced for double backlash as profits surge
"BP will deliver a double whammy this week, infuriating enemies in the US with a huge surge in profits and outraging British taxpayers by offsetting billions of pounds in tax against the cost of its oil clean-up in the Gulf of Mexico."
"The Treasury will not be happy at the prospect that the cost of the spill, which could top £38 billion according to the worst estimates, might be felt in Britain."
UK £38 billion currently about US $ 58 billion.
Al.com (Alabama news): BP hasn't put money in escrow account yet
"Ken Feinberg (administrator of program to compensate Gulf of Mexico oil spill victims) said today he hasn't been able to start writing claims checks because BP PLC has not yet deposited any money into the $20 billion escrow fund it promised to create."
"BP will deliver a double whammy this week, infuriating enemies in the US with a huge surge in profits and outraging British taxpayers by offsetting billions of pounds in tax against the cost of its oil clean-up in the Gulf of Mexico."
"The Treasury will not be happy at the prospect that the cost of the spill, which could top £38 billion according to the worst estimates, might be felt in Britain."
UK £38 billion currently about US $ 58 billion.
Al.com (Alabama news): BP hasn't put money in escrow account yet
"Ken Feinberg (administrator of program to compensate Gulf of Mexico oil spill victims) said today he hasn't been able to start writing claims checks because BP PLC has not yet deposited any money into the $20 billion escrow fund it promised to create."