The firestorm over Barton's defense of BP drew attention away from the dismal performance by BP's CEO Tony Hayward at the Congressional hearing yesterday.
WASHINGTON-- Rep. Joe Barton, R-Tex, has plunged the Republican Party into turmoil with his blurted apology to the CEO of BP for what he called President Obama's "shakedown" of the oil giant, possibly changing the midterm election dynamics.
BP agreed today to set up a $20 billion escrow fund to pay damage claims resulting from the Gulf of Mexico oil spill.
BALTIMORE — “Criminal negligence. The verdict is guilty!” That was the message proclaimed by pickets walking near a local BP gas station here June 12 as British Petroleum’s gusher continued to spew 80,000 barrels of crude oil daily into the Gulf of Mexico. There is no end in sight of this nightmare.
President Obama is back in the Gulf of Mexico for a two-day tour followed by a national prime-time TV address Tuesday, June 15, on the worst ecological disaster in U.S. history.
A second “containment” vessel will increase the amount of oil being captured to as much as 28,000 barrels of oil per day.
Government officials confirmed today that oil as far as 3,300 feet below the surface is traveling in clouds through large areas of the subsea Gulf of Mexico. At a news briefing, Jane Lubchenko, of the National Oceanic and Atmospheric Administration, said the subsea oil was found 42 miles northeast of the well site and also 142 miles to the southeast.
As oil continues gushing into the Gulf of Mexico and the resulting environmental and economic catastrophes worsen, BP is dragging its feet on the damage claims.