Friday
Jun112010
Pelosi Delivers Harsh Words To Oil Execs
Friday, June 11, 2010 at 12:35PM
By Miles Wolf Tamboli
Talk Radio News Service
In her weekly press conference Friday, House Speaker Nancy Pelosi (D-Calif.) slammed BP for paying dividends to its shareholders when they could have been reimbursing areas of the the Gulf Coast affected by the Deepwater Horizon spill.
"BP made $17 billion in profits last year," Pelosi said. "They have a responsibility to pay their bills."
Pelosi told reporters that she hopes the $75 million dollar liability cap outlined in the Oil Pollution Act of 1990 will be lifted altogether. When asked what she would like to hear from the oil executives coming to Capital Hill next week, Pelosi said that the American people deserve integrity.
"We want to hear the truth," she said. "BP misrepresented what their technology could do."
The Speaker ridiculed BP's cleanup efforts, asserting that the use of golf balls, hair, and diapers does not exactly reflect that the third largest energy company in the world is utilizing the technology of the future.
Pelosi spoke for many Democratic lawmakers when she called for research to develop safer drilling technology and a new energy policy that would reduce America's dependence on foreign oil.
Talk Radio News Service
In her weekly press conference Friday, House Speaker Nancy Pelosi (D-Calif.) slammed BP for paying dividends to its shareholders when they could have been reimbursing areas of the the Gulf Coast affected by the Deepwater Horizon spill.
"BP made $17 billion in profits last year," Pelosi said. "They have a responsibility to pay their bills."
Pelosi told reporters that she hopes the $75 million dollar liability cap outlined in the Oil Pollution Act of 1990 will be lifted altogether. When asked what she would like to hear from the oil executives coming to Capital Hill next week, Pelosi said that the American people deserve integrity.
"We want to hear the truth," she said. "BP misrepresented what their technology could do."
The Speaker ridiculed BP's cleanup efforts, asserting that the use of golf balls, hair, and diapers does not exactly reflect that the third largest energy company in the world is utilizing the technology of the future.
Pelosi spoke for many Democratic lawmakers when she called for research to develop safer drilling technology and a new energy policy that would reduce America's dependence on foreign oil.
Reader Comments (1)
the mineral management service under obama appointee ken salazar last year ok'ed TWO requests from bp that lead directly to this spill. the head of the mms was fired/resigned (which mr. "buck stops here" doesn't know) over this debacle. the mms of the obama administration even gave this rig a SAFETY AWARD!!!!!
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UPDATE!! eleven people died during the chaos the obama administration allowed to happen. they were buried but the families saw not a glimpse of the one 'cause he was in cali at a fundraiser.
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tell me miss pelosi, how much does the obama administration owe???
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will an escrow account be opened for damage claims from them too???
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i won't be holding my breath for an answer.