So, do we still think a cap on the damages would have been a good idea for LA?

http://finance.yahoo.com/news/BPs-oil-spill-costs-grow-Gulf-apf-393...

 

"The company's $40 billion estimate for its overall spill response was $7.7 billion higher than its previous estimate provided during its second-quarter results released this summer, largely due to unanticipated additional expenses. The company had already spent $11.2 billion responding to the spill by the end of September."

 

80P

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42 — 4 Comments

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