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BP compensation fund comes under criticism for drawing on drill money
Thu, 08/12/2010 - 13:22
Federal officials announced today that BP will pay a $50 million fine for a 2005 Texas refinery explosion that killed 15 workers and injured 170. BP will also designate a minimum of $500 million to safety improvements for current workers. Meanwhile, BP’s Gulf Oil disaster compensation fund is coming under fire. Critics say the White House agreed to a fund that is dependent on further off shore oil drilling. The group Public Citizen says that money could even come from the same reserve that leaked millions of gallons of oil and continues to threaten Gulf Coast communities. Matt Laslo reports from Washington. Share this page! »
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