MaineHousing’s Dwelling Accessibility and Restore Program supplies assist to low-revenue owners who can not afford needed dwelling repairs in the type of a grant. BP PLC shares slumped Wednesday, leaving its market value halved in fewer than seven weeks, whereas the oil big’s bonds were crushed as questions mounted over whether or not it may well afford to scrub up the worst environmental catastrophe in U.S. history. Oil-industry insider Matt Simmons, head of the Texas-based mostly, power-centered investment bank Simmons & Co., told Fortune magazine Wednesday that BP will run out of cash from lawsuits, cleanup costs and other expenses. “They’ve a few month earlier than they declare Chapter 11” bankruptcy, Simmons stated.
Its very identify — the blind shear ram — recommended its blunt function. When all else failed, if the crew of the Deepwater Horizon oil rig misplaced management of a nicely, if a dreaded blowout got here, … Read More