Quantcast
Channel: Central NY News: Top News
Viewing all articles
Browse latest Browse all 44833

Obama administration sends BP, others fourth bill of $99.7 million

$
0
0

First three bills totaling $122.3 million have been paid.

GULF_OIL_SPILL_LACC105.JPGCrude oil washes up Friday on Fourchon Beach, La.

A $99.7 million bill has been sent to BP and other responsible parties, making it the fourth bill sent to the company by the Obama administration, according to Deepwater Horizon Incident Joint Information Center.

The government stated that BP is financially responsible for all costs in response to the spill, including clean-up efforts, capping efforts, reducing the spread of oil, protecting the shoreline and long-term recovery efforts for individuals and communities affected by the spill.

The government is billing BP and other parties on a regular basis for any costs incurred by the federal on-scene coordinator. The bills will reimburse the Oil Spill Liability Trust Fund which currently holds about $1.5 billion and is used to cover damage costs associated with spills.

The first three bills sent out to BP and others totaled $122.3 million. These bills have already been paid.

Here's the latest on the BP oil spill:

»CNN: Administration's fourth bill to BP totals $99.7 million

»Christian Science Monitor: How fast will the Gulf bounce back from the BP oil spill?

»Market Watch: Waiting and hoping on capping Gulf well gusher

»BusinessWeek: BP Ends Control of Cushing Tanks With Magellan Sale


Viewing all articles
Browse latest Browse all 44833

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>