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The Real Cost of Cheap Oil

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Headlined to H3 5/28/10
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At www.guardian.co.uk

Big Oil's real horror was not the spillage, which was common enough, but because it happened so close to the US. Millions of barrels of oil are spilled, jettisoned or wasted every year without much attention being paid. If this accident had occurred in a developing country, say off the west coast of Africa or Indonesia, BP could probably have avoided all publicity and escaped starting a clean-up for many months.

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At www.guardian.co.uk


 

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