27 Apr '11, 10pm

As Gulf Coast suffers, BP Q1 profits soar to $7 billion

As Gulf Coast suffers, BP Q1 profits soar to $7 billion

As Gulf Coast suffers, BP Q1 profits soar to $7 billion April 27, 2011 One year after BP’s Deepwater Horizon oil disaster in the Gulf of Mexico, “the cleanup isn’t done ,” but the foreign oil giant’s first quarter profits are back up on surging gas prices. “BP has not yet lived up to its legal, financial, or moral obligations to the Gulf and its residents,” says Antonia Juhasz, author of the book, Black Tide: the Devastating Impact of the Gulf Oil Spill . Brad Johnson has the story . “BP has not yet lived up to its legal, financial, or moral obligations to the Gulf and its residents,” says Antonia Juhasz, author of the book, Black Tide: the Devastating Impact of the Gulf Oil Spill . Sea turtles and dolphins keep dying , scientific research is stifled , and the spill still stains the Gulf Coast economy. Meanwhile, BP is contributing to pro-oil politicians and ramping up lob...

Full article: http://climateprogress.org/2011/04/27/as-gulf-coast-suffe...

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#BigOil rakes in massive Q1 profits (best in years), yet still demands huge fed subsidies #teaparty #p2

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