Oil and $20B BP Payoff Fund, May Both Be Hard to Find

The Obama administration says in a report out Wednesday that a combination of Mother Nature and Uncle Sam has recovered or dispersed three-fourths of the estimated 4.9 million barrels of oil that gushed into the Gulf of Mexico as a result of the BP calamity.

 And the oil that’s left — 26 percent of the total — “is in the process of being degraded,” the document reports. Administration officials say the figures show the government’s response has paid off. The document constitutes a promising ecological prognosis and the first time the government has said authoritatively that the disaster’s impact may not be as bad as many experts had feared.

Both oil and BP $20 B payoff fund may both be hard to find..



Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: