Strange bedfellows: Verizon (VZ) is teaming up with the American Petroleum Institute in support...

|About: Verizon Communications (VZ)|By:, SA News Editor

Strange bedfellows: Verizon (VZ) is teaming up with the American Petroleum Institute in support of the Law of the Sea treaty. The treaty would place under U.S. jurisdiction as much as 4.1M additional sq. miles of ocean and let the U.S. secure claims to rare earth minerals, proponents say. Opponents worry the global body created to oversee the law wouldn’t be accountable to U.S. citizens.