BP Prepared To Pay For Oil Spill

GREENandSAVE Staff
Posted on Monday 3rd May 2010

Oil continues to flow into the Gulf of Mexico. Weather is making cleanup difficult. The US federal government talking tough. Rush Limbaugh is spreading ridiculous rumors. And BP is taking responsibility, at least partially.

On Monday, BP's CEO Tony Hayward made an appearance on NBC's Today Show. "It wasn't our accident," he said, "but we are absolutely responsible for the oil, for cleaning it up, and that's what we intend to do."

Exactly what that means financially for coastal residents and fishermen remains to be seen, but, in an NPR interview later on Monday, Hayward said that "where legitimate claims are made, we will be good for them."

GREENandSAVE's LINKandLEARN:

Speaking of the oil industry's reactions to the oil spill, did you hear what the American Petroleum Institute said last week?

Speaking the cleanup, did you know that human hair and mushrooms could be helpful?

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