Sunday, February 05, 2012
   
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BP will face hundreds of lawsuits over the Deepwater Horizon disaster in federal court in New Orleans, a panel of judges ordered, a victory for plaintiffs seeking billions of dollars in damages for the largest oil spill in U.S. history. U.S. District Judge Carl Barbier will preside over more than 300 suits, including wrongful-death claims by families of workers killed in the April explosion. Claims also cover revenue lost by Gulf Coast businesses and environmental damage. BP investors’ suits over losses tied to the spill will go to federal court in Houston.
New Orleans Mayor Mitch Landrieu took aim Friday at London's mayor for his comments about the massive BP oil spill in the Gulf of Mexico. Mayor Boris Johnson told BBC that the constant tongue-lashing of BP could have dire repercussions for investments in his country. Landrieu said that while Johnson is worried about investment portfolios, Gulf Coast officials are trying to protect a way of life.
U.S. Coast Guard Admiral Thad Allen told BP to pay for the five berms approved by the White House, in addition to one he and the Army Corps of Engineers approved last week. The British energy company later said it supported the six projects and would pay the estimated $360 million cost to build them.
House Majority leader Steny Hoyer criticized Louisiana Gov. Bobby Jindal (R) for being part of the “drill, baby, drill crowd,” then turning on the federal government in the wake of the gigantic oil spill in the Gulf of Mexico. Hoyer (D-Md.) said Jindal shouldn’t be “wringing his hands” over the federal response in Louisiana.
A gambling website has placed odds today on what species would be first to become extinct as a result of crude belching from BP PLC's ruptured well in the Gulf of Mexico. In a statement announcing the extinction pool, the Irish bookmaker said it hoped the betting would "highlight the environmental catastrophe" and the "sure bet" that it would lead to the loss of some marine species.
The Obama administration said it would ask Congress for funds to help people affected by the Gulf of Mexico oil spill, to boost the oil-spill cleanup tax by a penny a barrel, and to raise the potential liability for oil companies responsible for spills. The proposal is the latest effort by the White House to aggressively respond to the oil spill that followed the explosion at a BP PLC offshore oil well on April 20.

LAProgress

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