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BP Blunted White House Demands
The drilling industry estimates the moratorium will cost rig workers as much as $330 million a month in direct wages, not counting businesses servicing those rigs, like machine-shop workers.BP and its defenders argue that the moratorium was a White House policy decision for which it shouldn't be responsible. The final deal was structured to limit the company's exposure to such claims. BP negotiators also said the company won't pay for Mr. Obama's pledge to restore the Gulf of Mexico to a condition better than before the Deepwater Horizon exploded on April 20. White House officials want to use the oil-spill disaster to implement long-developed plans to restore natural marshlands and waterways. Facing record budget deficits, that pledge could founder with BP balking. Always the dreamer. Because of the dispersants, it's going to be nearly impossible to clean up. Posted by: KBK 2010-06-22 |
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