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May 16, 2010

Is BP Paying Royalties On All That Oil?

-- by Dave Johnson

I think I figured out why BP won't let scientists measure the flow from that oil leak. They owe us royalties on any oil they take from the Gulf, so they don't want it measured.

BP has resisted entreaties from scientists that they be allowed to use sophisticated instruments at the ocean floor that would give a far more accurate picture of how much oil is really gushing from the well.

“The answer is no to that,” a BP spokesman, Tom Mueller, said on Saturday. “We’re not going to take any extra efforts now to calculate flow there at this point. It’s not relevant to the response effort, and it might even detract from the response effort.”

Posted by Dave Johnson at May 16, 2010 9:08 AM


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