Energy- Oil spill update: "Not enough money in the world to pay..."

Wednesday, May 23, 2012




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Oil spill update: "Not enough money in the world to pay..."

Thursday, July 01, 2010
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From Newsmax:

The Obama appointee managing BP's oil spill disaster fund said there's "not enough money in the world" to pay all claims and suggested home owners with plunging property values could lose out.

The warning from prominent US lawyer Kenneth Feinberg came as Hurricane Alex disrupted clean-up operations in the Gulf of Mexico and...

Read full article...

More on BP:

Oil disaster: Internal BP document confirms worst-case scenario

Oil guru Simmons: Oil is now covering 40% of the entire Gulf of Mexico

Gulf DISASTER: Federal agency says BP spill could cost over $1 trillion

Topics:		Energy \| Stocks \| Cruxallaneous

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