Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (1 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   4 comments

Exclusive to OpEdNews:
OpEdNews Op Eds

The Gulf Spill, Corexit, and PROFITS

      (Page 1 of 2 pages)
Related Topic(s): ; ; ; ; , Add Tags Add to My Group(s)

Must Read 3   Well Said 3   Interesting 2  
View Ratings | Rate It Headlined to H2 7/27/10

- Advertisement -

July 26

New York

Public Health officials are now talking about the need for public evacuation in areas of Louisiana effected by the BP Oil Spill in the Gulf.

The concern, however, seems to be more about the chemical dispersant "Corexit" used by BP to break up the surface oil, than the oil itself.

Details about the health hazards of Corexit and how its use helps BP hide the details of the spill from the public are available from many sources (See the end of this article for two.)

What hasn't been discussed in public, however, is the economic element to this story.

NALCO the Illinois-based company which produces Corexit profits exceedingly well.

- Advertisement -

It's CEO, Erik Frywald, earned over $5 million dollars last year, according to the following listing (source:


Compensation for 2009

  • Salary $850,000.00

  • Restricted stock awards $2,618,001.00

    - Advertisement -

  • All other compensation $163,282.00

  • Option awards $ $1,024,944.00

  • Non-equity incentive plan compensation $964,620.00

    Next Page  1  |  2

Don Lieber's writing has been published by the Associated Press, the United Nations, the International Campaign to Ban Landmines, the Coalition to Ban the Use of Child Soldiers, Mothering Magazine, and others. He contributes regularly to several (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -
Google Content Matches:

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Depleted Uranium, The Emerging Radiation Crisis in Iraq and US Students: Vermont Takes Lead with Divestment

A Tree Grows in Brooklyn: 2010

The Gulf Spill, Corexit, and PROFITS

Weather Extremes as the 'New Normal', and the Most Destructive Project on Earth.

Energy Mullahs on Rampage in Alaska, Pennsylvania, Ban Doctors from Discussing Fracking Health Risks

New Yorkers to Senator Schumer: Don't Break Our Hearts on Valentine's Day: Say NO to Keystone Pipeline


The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
4 people are discussing this page, with 4 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

What "public health officials" are calling for eva... by Georgianne Nienaber on Tuesday, Jul 27, 2010 at 9:55:44 AM
Hi GeorgianneThanks for reading my article which d... by Don Lieber on Tuesday, Jul 27, 2010 at 12:00:11 PM
How surprising that a company from Obama's home to... by stevor on Tuesday, Jul 27, 2010 at 10:57:30 AM
REMEMBER LAST YEAR HINI WAS THE BIG SCARE, BUT IT ... by MARGARET BASET on Wednesday, Jul 28, 2010 at 7:59:12 AM