Dec 19, 2013
BP Pumps Money Into Relief Fund—It’s No Gusher
Posted on Aug 9, 2010
BP has paid $3 billion into the relief fund promised President Obama, including $319 million already paid to victims of the Gulf oil spill, but it will be years before the $20 billion escrow account is fully funded.
It has been estimated that the cost to the Gulf states’ tourism industry alone could reach higher than that amount.
The oil giant says that it has already spent more than $6 billion on cleanup. —PZS
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