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Obama meets with BP Chairman, CEO at White House
BP CEO Tony Hayward testifies before the House Energy and Commerce Oversight and Investigations Subcommittee regarding BP's Deepwater Horizon oil rig explosion and oil spill on Capitol Hill in Washington on June 17, 2010. UPI/Roger L. Wollenberg
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Oil and gas are burned near the BP Deepwater Horizon spill
Louisiana District Court Judge overturns Obama Administration's ban on oil drilling in the Gulf of Mexico. Judge Feldman reported owning stock in the oil company Transocean, the company that owned the Deepwater Horizon oil rig. Obama administration officials promised action to keep their ban on deep-water oil drilling intact (UPI/Office of U.S. District Court Judge Martin Feldman)
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BP understated publicly how much oil it believed could be leaking from its Gulf of Mexico well under a "worst-case scenario," an internal document shows. Rep. Ed Markey, D-Mass, who released the document Sunday, said it shows that as BP executives were telling Congress 5,000 barrels a day were leaking -- and 60,000 could leak under a "worst-case scenario" -- the company's internal analysis had put the worst-case figure at 100,000 barrels a day. (UPI/BP)
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Actor Kevin Costner sells oil-collecting machines to BP
Kevin Costner, actor and founding partner of Ocean Therapy, answers questions about Ocean Therapy's centrifuge machine, designed to separate oil and water, during a press conference in Port Fourchon, Louisiana, June 18, 2010. BP and Costner's Ocean Therapy Solutions signed a letter of intent for 32 centrifuges last week following tests to determine if the device could handle variations in the oil mixtures from the Gulf of Mexico oil spill. (UPI/A.J. Sisco)
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BP CEO Tony Hayward is sworn in prior to testifying before the House Energy and Commerce Oversight and Investigations Subcommittee regarding BP's Deepwater Horizon oil rig explosion and oil spill on Capitol Hill in Washington on June 17, 2010. UPI/Roger L. Wollenberg
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A protester is controlled by a Capitol Hill Police Officer while she calls for BP CEO Tony Hayward to be charged with a crime as he began to testify before the House Energy and Commerce Oversight and Investigations Subcommittee regarding BP's Deepwater Horizon oil rig explosion and oil spill on Capitol Hill in Washington on June 17, 2010. UPI/Roger L. Wollenberg
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British oil giant BP said the cost of its response to the Gulf of Mexico spill so far totals more than $1.6 billion. The total to date includes costs of the spill response, containment, relief well drilling, grants to U.S. gulf states affected by the spill, claims paid and federal costs, the company said in a statement. The company said it has paid more than $62 million in claims so far. UPI/A.J. Sisco..
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