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Truthdig: Drilling Beneath the Headlines
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By Kevin Phillips
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Tag: Claims

Gulf oil spill
AP / Gerald Herbert

The $8 Billion Oil Spill

New estimates of the cost of the BP oil blowout in the Gulf of Mexico have jumped to a staggering $8 billion, up $2 billion in August alone as the company announced it had already paid out almost $400 million in claims to individuals affected by the spill.

Posted on Sep 3, 2010 READ MORE


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