BP OIL SPILL – ONE YEAR LATER

Offshore oil production – down 13%

Price of crude oil – up 35%

Of the 20B dollars Obama coerced BP to put in his control:

3.5B dollars has been awarded to residents and business hurt by the spill,

16.5B remains available to spread around at the discretion of Obama appointee, Ken Feinberg.

To put that into perspective, 16B is about 14 times the amount each candidate spent on the last presidential campaign. Obama has shown he doesn’t know much about American history but he certainly has learned a lot about Chicago politics.