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April 29, 2010

The Price of Oil

The estimate of daily leakage in the Gulf of Mexico has risen from 1,000 to 5,000 barrels per day.  Meanwhile, the Wall Street Journal reports U.S. regulators do not require, and BP did not employ, a safety device required by both Norway and Brazil, which could have protected against the leakage.

SJP

April 29, 2010 in Current Affairs | Permalink

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