"The Coast Guard routinely approved BP requests to use thousands of gallons of the chemical per day to break up the oil in the Gulf, despite a federal directive to use the dispersant rarely, the investigators said. The Coast Guard approved 74 waivers over a 48-day period after the Environmental Protection Agency order, according to documents reviewed by the investigators. Only in a few cases did the government scale back BP's request."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.