Monday, May 10, 2010

Oil disaster no surprise in Britain.

From the Guardian.

BP spends millions lobbying as it drills ever deeper and the environment pays

While the explosion of BP/Transocean's Deepwater Horizon drilling rig was a horrific event, it was neither surprising nor unexpected.

BP is one of the most powerful corporations operating in the United States. Its 2009 revenues of $239bn are enough to rank BP as the third-largest corporation in the country. It spends aggressively to influence US policy and regulatory oversight.

In 2009, the company spent nearly $16m on lobbying the federal government, ranking it among the 20 highest spenders that year, and shattering its own previous record of $10.4m set in 2008. In 2008, it also spent more than $530,000 on federal elections, placing it among the oil industry's top 10 political spenders.




So, same old same old.

Is that tea keeping any of our Tea Party friends awake?


hiho
Mp

No comments: