Cost of BP Spill Balloons to $40 Billion

Photo: The U.S. Army , Flickr, Creative Commons BP announced today that it now expects the cost of the Gulf spill to be $7.7 billion more than it initially anticipated, bringing the total expense close to $40 billion. Back in July, when the Macondo well was still spewing oil into the Gulf of Mexico, BP set aside $32 billion to cover the cost of the cleanup. But due to a number of factors, that number has substantially ballooned:… Read the full story on TreeHugger

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Cost of BP Spill Balloons to $40 Billion

Posted by on November 2, 2010. Filed under Lifestyle. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry