Oil Industry Oversight –

 The National Commission on the BP Deepwater Horizon Oil Spill released some of their findings to the House Committee on Transportaion and Infrastructure.  One finding addresses the need for stricter oversight of drilling by receiving $200 million in funding from the oil industry.  The result would cost the oil industry between 7 and 12 cents a barrel.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-02-11/oil-industry-urged-to-pay-200-million-for-drilling-oversight.html

James Sutliff

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