That Was Some Shakedown

Like the oil spill never happened.

Despite its hefty spill-related spending, BP's cash pile more than doubled in 2010, to $18.6 billion. Free cash flow will likely be another $8 billion to $10 billion this year at current oil-price levels


Isn't that amazing? And some folks were worried that the socialist Kenyan anti-colonialist government of the United States might get in the way of BP making oodles of cash last year.

But even after all that "shakedown" and "extortion," BP's back to payin' dividends, baby!

Except, of course, to the creatures that live in the water and those pesky folks who live at the water's edge.

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