Friday, October 15, 2010

BP (NYSE:BP) Slammed with Another Bill from Uncle Sam

For the seventh time since the Gulf of Mexico oil spill, BP (NYSE:BP) has received a bill from Uncle Sam, this time for $62.6 million, related to cleanup costs resulting from the spill.

So far BP, along with other "responsible parties" like Anadarko (NYSE:APC), Transocean (NYSE:RIG) and MOEX via Mitsui (NYSE:MITSY), which they have a majority ownership in.

Among the costs being billed for are to take care of actual damage, permanently stopping the leak, oil cleanup, public health, and protection of the coastline.

This bill brings the total billed by and paid to the government of $581 million.

Included in the billing is state costs along with the costs related to federal expenses.

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