The Gulf is Still Struggling, But BP’s Done Paying

“Three and a half years after an explosion on the Deepwater Horizon drilling rig dumped 205 million gallons of crude oil into the ocean, leaving 11 workers dead and damaging hundreds of miles of shoreline, the Gulf Coast is still recovering. The company has spent or earmarked $42.4 billion so far for cleanup, compensation payments and environmental fines. Its profits have suffered, and it has sold $38 billion in assets to help cover the cost. BP filed suit last week against the U.S. government for a ban on awarding the company federal contracts. BP already has $1.34 billion in contracts in place to supply fuel to the government, including the military.”

http://billmoyers.com/2013/08/21/bp-tires-of-footing-the-bill-for-gulf-coast-disaster/

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