Oil companies bid for leases in Gulf of Mexico
A somewhat curious follow-up in the oil spill off the Gulf of Mexico last year and Thomas Thwaites’ quest for a bucket of crude oil from BP.
The Interior Department held a big auction of oil leases in the Gulf of Mexico today — first in a good, long while. BP was the high bidder in 11 of them. $27 million, the balance due on that one.
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