W.House confident BP will set up big escrow account

Reuters: The White House is confident BP Plc will agree to set up a multibillion-dollar escrow account to pay mounting claims relating to the Gulf of Mexico oil spill, a spokesman said on Monday. "We feel confident that this is going to be able to move forward," White House spokesman Bill Burton told reporters traveling with President Barack Obama for a two-day visit to the Gulf region. He declined to comment specifically on the size of the account beyond saying that it would be in the ......

Read Complete Article at Water Conserve: Water Conservation RSS Newsfeed

You can leave a response, or trackback from your own site.

Leave a Reply