House Panel Questions BP Post-Spill Ad Spending

Law360, New York (August 17, 2010, 10:56 AM EDT) -- House Energy and Commerce Committee chairmen are asking BP PLC to justify its reported multimillion-dollar advertising and marketing campaign as it continues to clean up oil from the fatal Deepwater Horizon rig explosion on April 20.

Energy and Commerce Committee Chairman Henry Waxman, D-Calif., and oversight and investigation subcommittee Chairman Bart Stupak, D-Mich., asked BP America Inc. Chairman and CEO Lamar McKay to turn over the details of BP's reported $50 million ad blitz, in a letter sent Monday that is part of the committee's broad...
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