Yeah right... so was Exxon paying for the Valdez disaster... but it took them 20+ years to do so and many of the people that suffered during a crime 1/10th the size of the Gulf never saw a dime... or died waiting.... that is what Obama did not want to see happen again... it was a great triumph for Obama and the coastal people who have lost everything because of BP's criminal activity... POS are Joe Barton and all the American traitors who are siding with the BP criminals... they are 100% traitors POS...
"Document shows BP estimates spill up to 100,000 bpd
WASHINGTON (Reuters) – An internal BP Plc document released on Sunday by a senior U.S. congressional Democrat shows that the company estimates that a worst-case scenario rate for the Gulf of Mexico oil spill could be about 100,000 barrels of oil per day.
The estimate of 100,000 barrels (4.2 million gallons/15.9 million liters) of oil per day is far higher than the current U.S. government estimate of up to 60,000 barrels (2.5 million gallons/9.5 million liters) per day gushing from the ruptured offshore well into the sea.
The document, which is undated, was released by U.S. Representative Ed Markey, chairman of the energy and environment subcommittee of the House of Representatives Energy and Commerce Committee.
BP had no immediate comment on the document.
The amount of oil actually gushing from the well has been a matter of considerable controversy since the spill began on April 20, with critics saying BP has understated the flow rate.
"This document raises very troubling questions about what BP knew and when they knew it," Markey said in a statement.
"It is clear that, from the beginning, BP has not been straightforward with the government or the American people about the true size of this spill. Now the families living and working in the Gulf are suffering from their incompetence," he added.
The document appears to estimate the highest potential flow of oil if key components of the well fail. The document does not indicate that the 100,000 barrels per day is BP's estimate of the actual amount flowing from the ruptured Gulf of Mexico well.
The document states, "If BOP (blowout preventer) and wellhead are removed and if we have incorrectly modeled the restrictions -- the rate could be as high as ~ 100,000 barrels per day up the casing or 55,000 barrels per day up the annulus (low probability worst cases)"
BP initially estimated that the spill was pouring 1,000 barrels per day into the ocean and then upped that figure to 5,000 barrels per day.
"Right from the beginning, BP was either lying or grossly incompetent," Markey told NBC's "Meet the Press" program. "First they said it was only 1,000 barrels, then they said it was 5,000 barrels."
EXCELLENT! you hit the crux of the matter right on the head....Obamacrats can never let a great crisis go to waste....they always have to line their pockets....they are just common street criminals....
BP was already paying money out and said it was gonna pay. The POS Mutt's move on the 20 billion is nothing but a political grandstand and a joke. Now the Gubbermints bureaucrats who have been paying dead people money are in charge.... Great move...
I don't use the word "extortion".....but, that's fairly close....it was a shakedown....
Obama needed to appear like he was doing something....
so, just like wall street and the auto industry, the $20 billion is a gigantic slush fund for the Democrats to line their pockets....that money gets a lot of caviar & champagne...unnecessary trips....expenses will be paid to pals' dummy corporations....it doesn't get much better than this for the Chicago tribe....Obama is the shell game master with money.