President Barack Obama supports directing most BP oil spill penalties to Gulf Coast restoration

Times-Picayune: President Barack Obama supports the idea of directing revenue from fines paid by BP to the Gulf Coast states affected by the massive oil spill in the Gulf of Mexico, a top White House aide says. "He absolutely supports the notion of returning it to the region," Carol Browner, Obama's top adviser on energy and global warming said Sunday on "Meet the Press." Browner, however, wouldn't commit to supporting a specific proposal by Sen. Mary Landrieu, D-La., to funnel 80 percent of ......

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