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BP Faces Possible Sanctions For Gulf Coast Spill

03:53
BP America CEO Lamar McKay and other Big Oil executives testify Tuesday on Capitol Hill. BP may be forced into losing its place among oil giants because of sanctions from the U.S. government over the oil spill in the Gulf. (AP)
BP America CEO Lamar McKay and other Big Oil executives testify Tuesday on Capitol Hill. BP may be forced into losing its place among oil giants because of sanctions from the U.S. government over the oil spill in the Gulf. (AP)

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