As BP CEO Tony Hayward clears his desk from St. James’s Square in London, Robert Dudley is getting ready to take his place, effective Oct. 1. The rationale is clear: BP wants an American to take care of its U.S. assets. But in the end, this could prove to be misguided. BP is a global player, not just a Gulf of Mexico upstart.
The U.S. House of Representatives’ National Resource Committee is currently wasting its time pushing an amendment to effectively bar BP from obtaining future drilling permits. You don’t need a law to do this. BP will never obtain new permits in the United States. It would be like trying to sell Bermuda shorts to an Eskimo.
Showing posts with label BP. Show all posts
Showing posts with label BP. Show all posts
Sep 9, 2010
BP report sets stage for years of legal, political battles | Business | Chron.com - Houston Chronicle
In releasing the first detailed report on the causes of the massive Gulf of Mexico oil spill, BP laid down a battleground for years of legal and political skirmishes, and may have provided itself some cover against the most severe civil and criminal penalties.
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