Truthdig - Tag - Bp Oil Spill

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Tag: Bp Oil Spill

AP / Charles Dharapak

Latest Sanction Against BP Goes Beyond Gulf Spill

By Abrahm Lustgarten, ProPublica —

When the Obama administration temporarily banned BP from federal contracts Wednesday, it pointed to BP’s “lack of business integrity” and conduct relating to the 2010 Deepwater Horizon explosion and spill. The sanction, however, has been years in the making.

Posted on Nov 29, 2012 READ MORE

ideum (CC-BY)

Why BP Isn’t a Criminal

By Robert Reich —

The Justice Department just entered into the largest criminal settlement in U.S. history with BP. The oil giant pleaded guilty to 14 criminal counts, including manslaughter, and agreed to pay $4 billion over the next five years. This is loony.