BP says cost of Gulf of Mexico Deepwater Horizon oil spill hits $8 billion

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LONDON – BP says it has so far spent $8 billion responding to the disastrous oil well blowout in the Gulf of Mexico.

The company said today that the total included $399 million paid to settle 127,000 claims from businesses and other affected by the oil spill.

The oil company said more than 28,000 people and 4,000 vessels are still engaged in responding to the spill. BP says no oil has flowed from the well since July 15.

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Stuart H. Smith is an attorney based in New Orleans fighting major oil companies and other polluters.
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