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News  |  Magnolia Tribune  • 
May 11, 2010

AP – BP won’t stop spending at $75M cap

AP – BP won’t stop spending at $75M cap WASHINGTON — BP’s top lobbyist says the company does not view a $75 million federal cap on economic damages for oil spills as a limit to its obligations to people along the Gulf Coast. David Nagel, head of the company’s Washington office, said BP has so…
News  |  Magnolia Tribune  • 
May 11, 2010

Reuters – Obama wants to beef up law on oil spill damage cap

Obama wants to beef up law on oil spill damage cap Obama also will send his secretary of energy, Steven Chu, other administration officials and government scientists to Houston this week “for an extensive dialogue” with officials from BP Plc on potential solutions, as he grapples with concerns about environmental and economic disaster from the…