Witness: BP using dispersants so oil hits “beaches for 10 or 15 years” for amortization savings
Oil Disaster Day 71; Tropical Storm Set to Impact Gulf, CNN ANDERSON COOPER 360, June 29, 2010 — Transcript Excerpts from interview with Fred McCallister: It keeps it out of sight and out of mind. And it allows BP to amortize the cost of the cleanup over several years, 10 to 15 years, because some of this oil is going to biodegrade, but a lot of that oil is going to roll up on the beaches for 10 or 15 years. And if they can amortize that over 10 or 15 years,as opposed to dealing with that over the next 15 months, that’s a much better financial position for BP to be in.
![[Ask]](http://www.button6.com/wp-content/plugins/bookmarkify/ask.png)
![[del.icio.us]](http://www.button6.com/wp-content/plugins/bookmarkify/delicious.png)
![[Digg]](http://www.button6.com/wp-content/plugins/bookmarkify/digg.png)
![[Facebook]](http://www.button6.com/wp-content/plugins/bookmarkify/facebook.png)
![[Furl]](http://www.button6.com/wp-content/plugins/bookmarkify/furl.png)
![[Google]](http://www.button6.com/wp-content/plugins/bookmarkify/google.png)
![[MySpace]](http://www.button6.com/wp-content/plugins/bookmarkify/myspace.png)
![[Reddit]](http://www.button6.com/wp-content/plugins/bookmarkify/reddit.png)
![[Simpy]](http://www.button6.com/wp-content/plugins/bookmarkify/simpy.png)
![[Spurl]](http://www.button6.com/wp-content/plugins/bookmarkify/spurl.png)
![[Squidoo]](http://www.button6.com/wp-content/plugins/bookmarkify/squidoo.png)
![[StumbleUpon]](http://www.button6.com/wp-content/plugins/bookmarkify/stumbleupon.png)
![[Technorati]](http://www.button6.com/wp-content/plugins/bookmarkify/technorati.png)
![[Twitter]](http://www.button6.com/wp-content/plugins/bookmarkify/twitter.png)
![[Windows Live]](http://www.button6.com/wp-content/plugins/bookmarkify/windowslive.png)
![[Yahoo!]](http://www.button6.com/wp-content/plugins/bookmarkify/yahoo.png)
![[Email]](http://www.button6.com/wp-content/plugins/bookmarkify/email.png)