Monday, June 21, 2010

Oil spill costs for BP top $2 billion

BP, the company deemed responsible for the oil spill currently occurring in the Gulf of Mexico has recently reported that their costs associated with their (as yet unsuccessful) cleanup effort have totaled above two billion dollars.

BP shares fell 4 percent in trading on the London Stock Exchange in response to further woes.

Clearly it has been $2 billion that hasn't been very well spent. BP is still nowhere near a completed clean-up.
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