by Kevin Allman
Recapping: In the last 24 hours, a BP official/witness has refused to testify in a hearing about the explosion that killed 11 men who will never have that same right again; the oil gusher is now officially deemed twice as bad as the Exxon Valdez, and once again estimates of the flow have been found to be lowballed; "Top Kill" may be working, but they're not sure; "commercial fishing vessels recalled from oil recovery operations as a precaution" after
7 9 workers fall ill, and "BP safety officers" (stop laughing) are investigating. And then there's this, from Newsweek:
More than a month into the disaster, a host of anecdotal evidence is emerging from reporters, photographers, and TV crews in which BP and Coast Guard officials explicitly target members of the media, restricting and denying them access to oil-covered beaches, staging areas for clean-up efforts, and even flyovers....
Since the flight restrictions were expanded on May 11, private aircraft must get permission from BPs command center to fly over a huge portion of the Gulf of Mexico encompassing not just the growing slick in the Gulf, but the entire Louisiana coastline, where oil is washing ashore. If a request is denied, aircraft must stay 3,000 feet above the restricted area, where visibility is minimal.
Read that again: a British corporation is now controlling American airspace. Where's the Tea Party when you need 'em?
Oh, and BP shares are up 5% this morning. We're bullish on BP!