Good question, no telling what the actual deal is. The bigger problem is with this chunk of cash being frozen how will BP afford to continue to spend big bucks to cap the well, remember it’s not capped yet.
If you read up on them, you will find that BP is for cap and trade, higher taxes, global warming legislation and every other nut case idea.
And why did they fold to Obummer, the Marxist now posing as a Fascist?
Because we are deep into Fascism.
Fascism is big business and government joining together to run the country, with big business being led to believe that they not only will help write the laws in their favor but that they will share in the spoils.
BP does not want to get left out of the carbon tax credits when they are doled out to the chosen few.
Fascism pure and simple.
The problem is that history shows that eventually the government turns on the industries that thought they were on the inside.
Sort of like the pirates killing thir own guys that buried the treasure.so they would not share and so they would tell no tales.
There are some with whom one does not wish to be partners.
Certainly not the Chicago Gansters.