07 Feb '12, 10pm

BP Made $3 Million An Hour In 2011, While Spill Victims Continued To Suffer | Care2 Causes

BP Made $3 Million An Hour In 2011, While Spill Victims Continued To Suffer | Care2 Causes

BP earned $3 million every hour in 2011. Its fourth-quarter profits reached $7.69 billion, which is up 38 percent from 2010. The company is sitting on another $14 billion in cash. The company continues to scale back its production in the wake of the spill, producing 10 percent less than 2010 levels. BP contributions to federal candidates totaled more than $98,000 in 2011, with more than half (65 percent) to Republican candidates. BP spent $8 million lobbying Congress in 2011, down from the record $15 million the company lobbied in 2009 – one year before the oil disaster. For every dollar the big five oil companies use in lobbying, they effectively receive $30 in subsidies. This could mean BP potentially gained up to $243 million in subsidies, although the exact amount for an individual company is undisclosed. In the third quarter, BP’s Bob Dudley announced the company had ...

Full article: http://www.care2.com/causes/bp-made-3-million-an-hour-in-...

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Secret Oil Spill Has Been Poisoning The Gulf For 7 Years | Care2 Causes

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grist.org 09 Feb '12, 4pm

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Are Elephants Being Eaten in Thailand? | Care2 Causes

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care2.com 06 Feb '12, 8am

A “new taste” for elephant meat is posing a new threat to the animals in Thailand according to a report from the Associate...

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searchenginejournal.com 07 Feb '12, 4pm

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