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AFP: Proposed US limits on offshore oil drilling could hurt BP's ability to pay for damages stemming from the huge Gulf of Mexico oil spill, a company executive said in an interview Friday. David Nagle, executive vice president for BP America, told the New York Times that legislation pending before Congress could have an impact on the company's ability to compensate losses from the Deepwater Horizon disaster. Of particular concern is a bill passed by the House of Representatives on ......
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BP says offshore oil limits could hurt payouts in spill
Posted by Washington Post: Juliet Eilperin on September 3rd, 2010
Posted in Water Conservation