BP establishes escrow fund for La. sand berms

Posted by Washington Post: Juliet Eilperin on June 4th, 2010
Associated Press: BP is establishing a $360 million escrow account to fund a project to build six sand berms that Louisiana Gov. Bobby Jindal hopes will protect the state's wetlands from the growing Gulf of Mexico slick. The company said late Thursday it approved the accounts. The announcement came hours after Jindal urged the British oil giant to start doling out the payments immediately. The governor appeared at a Grand Isle government center with a demand for BP: "Sign your own contract and ......

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