BREAKING NEWS

Gulf oil spill cost is $4 billion and counting

By ASSOCIATED PRESS

JULY 19, 2010 12:27

BP stated Monday that the cost of dealing with the oil spill has now reached nearly $4 billion.

The company said it has made payments totaling $207 million to settle individual claims for damages from the spill along the southern coast of the United States. To date, almost 116,000 claims have been submitted and more than 67,500 payments have been made, totaling $207 million.

It will take months, or possibly years for the Gulf to recover, though cleanup efforts continued and improvements in the water could be seen in the days since the oil stopped flowing. Somewhere between 94 million and 184 million gallons have spilled into the Gulf, according to government estimates.

Anti-tank missile from Lebanon hits house in Misgav Am - report

By JERUSALEM POST STAFF

05/10/2024 02:14 PM

12 soldiers stung by hornets in southern Gaza Strip

By JERUSALEM POST STAFF

05/10/2024 01:58 PM

UKMTO receives a report of an incident 195 nm east of Yemen's Aden

By REUTERS

05/10/2024 09:31 AM

Blinken expected to submit highly critical Israel report to congress

By JERUSALEM POST STAFF

05/10/2024 08:14 AM