BP emails reveal company veiling spill rate | Business Daily Review

	Wednesday, February 22nd, 2012 « Ethiopia: Troops Will Remain in Somalia Until Reinforcements From African Union Arrive Hamid Karzai in Britain for talks » BP emails reveal company veiling spill rate NEW ORLEANS (AP) — On the day the Deepwater Horizon sank in the Gulf of Mexico, BP officials warned in an internal email conversation that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a rate of 3.4 million gallons a day, an amount a million gallons higher than what the U.S. government ultimately estimated spilled daily from the site…. Read more... This entry was posted in AP Business News, Business. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment. « Ethiopia: Troops Will Remain in Somalia Until Reinforcements From African Union Arrive Hamid Karzai in Britain for talks » Post a Comment Click here to cancel reply. Your email is never published nor shared. Required fields are marked * Name * Email * Website Comment You may use these HTML tags and attributes: `<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>` Front Page Business Economic Calendar CNBC Financial News World News Politics Sports Think Contact Business » AP Business News » W.Va. mine boss charged with fraud in deadly blast CHARLESTON, W.Va. (AP) — The superintendent of the West Virginia coal mine where an explosion killed 29 men was charged Wednesday with conspiracy to defraud the federal government, becoming the highest-ranking employee to face criminal prosecution… T-Mobile asks FCC to block Verizon-cable deal NEW YORK (AP) — T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is urging the federal government to block another deal in the wireless world: Verizon’s planned purchase of spectrum from cable companies for $3.9 bill… EU plans sanctions against Hungary over deficit BRUSSELS (AP) — The European Union’s executive arm said Wednesday it plans to withhold euro495 million ($655 million) in EU development funds from Hungary after the country failed to reduce its deficit…. Peugeot shares surge after alliance disclosure PARIS (AP) — Shares in PSA Peugeot Citroen, Europe’s second-biggest car manufacturer, surged after it said it was in talks with unnamed parties over possible industrial tie-ups…. Slow progress in Christchurch one year after quake WELLINGTON, New Zealand (AP) — As families of the 185 people killed in the Christchurch earthquake marked the one-year anniversary of the disaster Wednesday, signs of a city still broken were all around them…. AP source: Obama seeks 28 percent corp. tax rate WASHINGTON (AP) — Laying down an election-year marker in the debate over taxes, the Obama administration is proposing to cut the corporate tax rate from 35 percent to 28 percent, and to seek an even lower effective rate for manufacturers, a senior… Megaupload founder Kim Dotcom released on bail WELLINGTON, New Zealand (AP) — Kim Dotcom, the founder of the file-sharing website Megaupload, was released on bail Wednesday after a New Zealand judge determined that authorities have seized any funds he could have used to flee the country…. Portuguese reject govt call to work on Carnival LISBON, Portugal (AP) — Portuguese workers issued a spontaneous “Ja chega!” – “That’s enough!” – to the government, rejecting its appeal to stay at their jobs during Carnival, one of their most beloved holidays…. Johnson & Johnson CEO Bil Weldon retiring in April NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson’s longtime CEO, Bill Weldon, is retiring this April, following an embarrassing string of product recalls that has stretched for more than 2 years, costing the health care giant hundreds of millions … Feds investigate problems with side air bags DETROIT (AP) — Federal safety regulators are investigating a problem with side air bags that may fail to inflate in a crash….