Corporate Welfare

BP Still on Gov't Payroll

What’s a little oil spill between business partners? BP has kept its government contracts with the Defense Department, despite the Gulf disaster. In 2009, it was the largest supplier of fuel to the Pentagon and it has at least $980 million in contracts to supply military fuel in 2010. Even before the Gulf disaster, the EPA was looking into cutting off BP from all federal contracts because of a 2006 oil spill in Alaska and a 2005 explosion at a Texas refinery. There are also numerous reports that BP is looking into foreign investors to help offset costs for cleaning up the spill, which skyrocketed this week to hit $3 billion. Meanwhile, oil-skimming boats are sidelined in the Gulf once again because of rough waters.