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Agence France-Presse: British oil giant BP said Monday it had already spent 1.25 billion dollars on efforts to contain the Gulf of Mexico oil spill. The company also said in a statement that a cap fitted on a leaking pipe a mile (1,600 metres) down on the sea bed had allowed it to collect 10,500 barrels of oil and bring it to the surface on Saturday. Between June 3 and June 5 BP used the cap to collect a total of 16,600 barrels, the statement added. The firm said the estimated cost of 1.25 ......
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BP says Gulf oil spill costs reach $1.25 billion
Posted by Washington Post: Juliet Eilperin on June 7th, 2010
Posted in Water Conservation