Make BP Pay Royalty Fees on Spilled Oil
Finally, a plan. Hit ‘em where they live! Fuck ‘em where they breathe!
We’ve got all these layers and layers of regulatory bureaucracy, fines that are too small to have any deterrent effect and/or get overturned on appeal, and what have we got to show for it? Instead, let’s use a clear cut, black and white, no ifs ands or buts approach: You leak oil, you pay royalty fees on it. You break it, you’ve bought it.
Rep. Nick Rahall (D—W. Virginia) has asked Eric Holder to force BP to pay oil drilling royalties on the oil that’s leaked into the Gulf. BP’s lease with the government stipulates an 18.75% royalty.
As the linked article says: “The royalty is on the oil extracted, what you do with it afterwards is really not the problem of the United States.”
Works for me.