Thursday, February 20, 2014

Insurance scam: Oil companies caught double dipping on toxic spills

Insurance scam: Oil companies caught double dipping on toxic spills



New research carried out by a team of experts shows that big oil companies have been profiting twice from toxic spills.




An environmental engineer from Maryland, by the name of Thomas
Schruben, set out to prove that oil companies like Exxon, BP, Chevron
and Shell have been double dipping. Schruben proved that these companies
were collecting both taxpayer money and insurance payments, for the
exact same costs.
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