Tags: US | Gulf | Oil | Spill | Costs

BP: Gulf Oil Spill Costs Have Reached $1.25B

Monday, 07 Jun 2010 07:09 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

BP says the cost of the company's response to the oil spill in the Gulf of Mexico has reached about $1.25 billion.

The company announced the total in a news release Monday. BP says the figure does not include $360 million for a project to build six sand berms meant to protect Louisiana's wetlands from spreading oil.

The news comes as the government's point man on the spill warned that the battle to contain the oil is likely to stretch into the fall.

Millions of gallons of oil have spilled since the Deepwater Horizon rig exploded 50 miles off the coast of Louisiana on April 20, killing 11 workers.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

500 Army Majors to Be Axed in Latest Budget Cuts

Friday, 01 Aug 2014 22:39 PM

Pink slips will start going out next week to about 500 Army majors – including some on duty in Afghanistan – in the late . . .

Arizona Inmate Was Injected 15 Times During Botched Execution

Friday, 01 Aug 2014 21:54 PM

During the nearly two hours it took for an Arizona death row inmate to die last week, executioners injected him with 15  . . .

Report: California Teachers Among Highest Paid

Friday, 01 Aug 2014 21:00 PM

Teachers in over half of California's schools are paid an average $84,489 a year, a new think tank survey shows.
 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved