Sigh… Politics at work
Just a quickie here. I was just reading this article regarding the recent BP oil spill in the Gulf of Mexico, when an interesting statement caught my eye:
Current US law limits energy companies’ liability for lost business and local tax revenues from oil spills to $75m.
So energy companies only need to pay claims for compensation up to $75m? When you consider that:
But experts warn that BP’s total liability for the spill could run into billions of dollars.
That means if BP was an American company, they could be saving billions of dollars thanks to a law that makes no sense. Food for thought. 
Oh wells, of course I could be misinterpreting everything thanks to my dismal understanding of stuff like that.
That is all.
