Oil spill clean-up to cost $4.8 billion

[Ed Barrow]

Source: Brisbane Times

BP has estimated the cost of the Gulf of Mexico oil spill clean-up at up to $US4 billion ($A4.8 billion) as an oil sheen has been confirmed about 15 kilometres off the Florida coast.

Crude has already been reported along barrier islands in the US states of Alabama and Mississippi, and it has affected about 200 kilometres of the Louisiana coastline.

Florida officials said the sheen could hit the white sands of Pensacola Beach as soon as early today Melbourne time.

But they said their request for about $US150,000 from BP to buy sifting machines and a tractor to help remove oil from the beach's white sands had gone unanswered.

Read more: http://www.brisbanetimes.com.au/world/oil-spill-cleanup-to-cost-48bn-20100602-wzqm.html?autostart=1

[gateley]

1. They can easily afford it. Easily. nt

[AmericaIsGreat]

2. Hope it's way more than that

20, 30, 40+ billion is real money to BP; less than five just a financial inconvenience

[LakeSamish706]

3. Sorry, but I think that it will cost one hell of allot more than that to clean the mess up.

And settling the law suits will be a major amount of money.

[chollybocker]

4. Yeah, right. Good luck with that figure.

4.8 billion? :rofl:

The trailer for the movie of the disaster will cost twice that.

[salguine]

5. if that's BP's estimate, you can bet the reality is at least ten times that much. It's past time

to freeze BP's assets.

[scheming daemons]

6. 5 months profit for BP..... I say we take $15 billion just to be sure

[OhioChick]

7. Pocket change for them n/t

[Are_grits_groceries]

8. Not even close. nt

[Javaman]

9. "BP has estimated the cost"

And there is the rub.