$69 Million Bill

The Obama administration has forwarded BP a $69 million bill for clean-up efforts for the Gulf of Mexico’s oil spill from the April 20, 2010 Deepwater Horizon oil environmental disaster that killed 11 workers spreading oil all over the Gulf. The oil spill is damaging environmental coastal and marsh lands, fishery industry, wildlife and sea animals. BP should be fined each day retroactive to April 20. This could speed the process to cap the spewing oil well.

“The Obama Administration has sent BP and other responsible parties a bill for $69.09 million to cover cleanup operations so far related to the Gulf oil spill.

The cost is expected to rise as the cleanup and containment efforts continue the Obama administration “will continue to bill BP regularly for all associated costs to ensure the Oil Spill Liability Trust Fund is reimbursed on an ongoing basis, the administration said in a news release on the website of the Unified Command for Deepwater Horizon spill response, www.deepwaterhorizonresponse.com.”

The news release said BP, “as a responsible party, is financially responsible for all costs associated with the response to the spill, including efforts to stop the leak at its source, reduce the spread of oil, protect the shoreline and mitigate damages, as well as long term recovery efforts to ensure that all individuals and communities impacted by the spill are made whole.”

BP stated it would pay the costs of the cleanup, as well as costs for businesses and individuals impacted by the oil.

“The news release said the federal government will bill BP and the other responsible parties periodically for costs to support federal, state, and local response efforts.”

Also, “the Administration expects prompt payment and will take additional steps as necessary to ensure that BP and other responsible parties, not American taxpayers, pay all of the costs associated with the BP/Deepwater Horizon Oil Spill,” the news release stated.”

 

The opinion expressed in that commentary

Article are solely those of Michael Coker

About the Author

Michael Coker

Conservative Political Writer, Contributor and Blogger, Founder secondopinionpundits – Political Web Magazine – Politically Opinion Based Facts