BP forks out $3 billion on oil spill - WALB.com, South Georgia News, Weather, Sports

BP forks out $3 billion on oil spill

By Christian Jennings - bio | email

ALBANY,  GA (WALB) – New cleanup numbers Monday morning from the massive oil spill in the Gulf. BP says that it has now spent more than $3 billion in attempts to stop the leak and to settle damage claims.  

The oil company said Monday that is has spent $3.12 billion so far in responding to the spill, attempting to contain oil, paying claims and reimbursing the U.S. and local governments.

BP says it has spent $147 million settling 47,000 claims for payment, or about half of the claims submitted so far. The spill began April 20 with an explosion and fire aboard the Deepwater Horizon platform, killing 11 workers.

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