BP Posts $4.2 Billion In Q1 Profits As Its Chemical Dispersants Continue To Harm The Gulf

BP Posts $4.2 Billion In Q1 Profits As Its Chemical Dispersants Continue To Harm The Gulf: BP announced its 2013 first-quarter profits this morning, reporting earnings of $4.2 billion — down 10 percent from this time last year but higher than analysts’ forecasts. Here are some key facts about BP’s profits: The company is sitting on nearly $28 billion in cash reserves. In the first three months of 2013, BP spent [...]/p