BP’s Hayward Rejects Rep. Joe Barton’s Apology for Obama’s ‘Shakedown’

This afternoon BP CEP Tony Hayward responded to GOP Rep. Joe Barton’s “apology” for the Obama administration’s “shakedown:” Thanks, but no thanks.

BP CEO Tony Hayward disavowed a top Republican’s characterization of a $20 billion relief fund the company will establish as a “slush fund.”

Hayward rejected the�controversial remarks Rep. Joe Barton (R-Texas) made�Thursday morning,�in which he criticized the account in escrow the oil company will create to pay out damages to victims of the oil spill in the Gulf of Mexico.�

“I certainly didn’t think it was a slush fund,” Hayward said this afternoon during an appearance before a congressional committee.

Meanwhile, Nate Silver notes that the top contributor to Joe Barton’s election campaigns is Anadarko Petroleum — who just happens to be a partner of BP on the Deepwater Horizon project.

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Last updated: 2021-06-05 2:51 pm PDT
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