BLN RSS





Enter your email address:

News, Blogs,
Information, and Analysis

What Really Happened
Information Liberation
Cryptogon
Strat Risks
Raw Story
Citizens for Legit Gov.
Full Specturm Dominance
Information Clearing House
Boiling Frog Post
Global Research
The Peoples Voice
Tom Burghardt
Michael Snyder
Tony Cartalucci
Madison Ruppert
Steve Quayle
Wayne Madsen
Uncover The News
All Gov.
Media Monarchy
Andrew Gavin Marshall
F. William Engdahl
Cryptome
Corbett Report
Common Dreams
Alternet
Antiwar
VICE
Aftermath News
Truth Out
Lew Rockwell
Dissident Voice
Sovereign Independent
Before It's News
News With Views
Jeff Rense
Strike The Root
Old Thinker News
Deadline
Activist Post
No Agenda News
Empire Burlesque
CNS News
Dark Politricks
Stop The Lie
Amy de Miceli
Rumor Mill News
The Resident
Aangirfan
OpEDNews
The Brad Blog
Conspiracy Archive
Foreign Policy Journal
Counter Punch
A Little Rebellion
Truth Dig
Truth Is Treason
Reason
Real News Network
VOA News
Huffington Post
Grist
World Net Daily
Drudge Report
Salon
Reality Sandwich
MikesNewsNet
Red Ice
Newsmax
Boing Boing
Short News
Counter PsyOps
Small Government Times
The Blotch
Wide Awake News
News Blok 2
Against The Wall
Disinformation
Vigilant Citizen
Amped Status
Federal Jack
SHTF Plan
ITHP
The Daily Bell
The Excavator
Phantom Report
NewsWires
Breaking News
Yahoo News
Google News
Community News Aggregators
Reddit
Digg
Business / Economics
Silver and Gold Prices
Max Keiser
Naked Capitalism
Business Insider
Market Watch
Bloomberg
Wall Street Journal
RTT News
CNN Money
Forbes
Business Week
Market Oracle
Money Morning
My Budget 360
Alt-Market
The Street
Shadow Stats
Economist
Financial Times
Fortune Magazine
Daily Crux
Stock Charts
Zero Hedge
Washingtons's Blog
The Daily Reckoning
Energy Business Review
Milplex / Intel / Defense
Oil Price
Global Post
Public Intelligence
Danger Room
Washington Technology
Defense Industry Daily
Global Security
Geopolitical Monitor
Defense Link
Space War
Jane's
Defense Tech
Strategy Page
Military Info Tech
Silo Breaker
Strategy Page
Homeland Sec. Newswire
Health & Environment
Natural News
Prevent Disease
Food Freedom
Farm Wars
Medial Express
Natural Society
Major US Newspapers
New York Times
New York Post
New York Daily News
Washington Post
Washington Times
L.A. Times
USA Today
Science / Tech News
Tech Dirt
Ars Technica
Wired
Blast Magazine
PHYSorg
Science Daily
Popular Science
Tech Eye
Engadget
New Scientist
DVice
Mother Board
Technovelgy
Singularity Hub
H+ Magazine
Science Magazine
Seed Magazine
CBR Online
Science News
SlashDot
Scientific American
Spectrum IEEE
Technology Review
io9
ZD Net
Technology News
The Register
Tech News World




Security System

Donate Today









Tens of billions at stake in BP oil spill trial

February 15, 2012

Source: RawStory

Tens of billions of dollars will be at stake when BP heads to a US court this month to determine how much it owes for the massiveGulf of Mexico oil spill and how much it can shift to subcontractors.

Several government probes have castigated BP, rig operatorTransocean and Halliburton – which was responsible for the runaway well’s faulty cement job — for cutting corners and missing warning signs that could have prevented the disaster.

The April 20, 2010 explosion on the BP-leased Deepwater Horizon drilling rig killed 11 workers, blackened beaches in five US states and devastated the Gulf Coast’s tourism and fishing industries.

It is now up to a federal judge to determine whether the deadly missteps constitute gross negligence, how much of the blame rests with each party and whether punitive damages should be imposed.

“There’s only one path for BP to take — blame it on as many other people as possible and make sure it’s not cast as gross negligence,” said Blaine LeCesne, a law professor at Loyola University in New Orleans who has been following the case closely.

“That way they may be able to limit their cost to $30 or $40 billion as opposed to $100 billion.”

Judge Carl Barbier – an expert in maritime law with a reputation for efficiency — has consolidated hundreds of spill-related lawsuits into a single case set to begin on February 27 in New Orleans.

Read More...