Latest Mississippi River Delta News: November 1, 2012
Bonner still fighting for BP payments
By Congressman Jo Bonner for the Atmore (Ala.) News. November 1, 2012.
"Last Friday, I introduced legislation in the House to prevent Deepwater Horizon-polluters from deducting hundreds of millions of dollars from their tax bill for any compensatory payments made in connection with their role in the 2010 spill…" (Read more)
Bill to kill BP tax breaks backed by Ala. congressman and Rep. Jeff Miller
By Mary Orndorff Troyan, The Pensacola (Fla.) News Journal. October 31, 2012.
"WASHINGTON — Fines paid by BP and other companies for the 2010 Deepwater Horizon oil spill would not be tax deductible under legislation being proposed by an Alabama congressman…" (Read more)
Better Uses for BP's Profits
By Dan Favre, Gulf Restoration Network. October 30, 2012.
"BP released its third quarter earnings yesterday, announcing that they netted $5.5 billion in profit! Wow. They also increased the dividend to their shareholders, while only spending $59 million related to their disaster in the Gulf of Mexico…" (Read more)