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BP: Price tag on Gulf oil spill reaches $8 billion

BP: Price tag on Gulf oil spill reaches $8 billion

BP: Price tag on Gulf oil spill reaches $8 billion

by Associated Press

wwltv.com

Posted on September 3, 2010 at 7:16 AM

Updated Friday, Sep 3 at 9:09 AM

LONDON -- BP says it has so far spent $8 billion responding to the disastrous oil well blowout in the Gulf of Mexico.

The company said Friday that the total included $399 million paid to settle 127,000 claims from businesses and other affected by the oil spill.

The oil company said more than 28,000 people and 4,000 vessels are still engaged in responding to the spill. BP says no oil has flowed from the well since July 15.

(Copyright 2010 by The Associated Press.  All Rights Reserved.)
 

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