BP Meets U.S. Deadline for Oil Spill Payments
BP has met its July 1 deadline to pay the U.S. government for the initial costs of responding to the Gulf oil spill.
The Obama administration said BP paid two bills totaling about $71 million earlier this month.
The government had set a Thursday deadline for the largest of the two bills, which charged the company $69 million.
Special Section: Disaster in the Gulf
The administration said the oil company is still reviewing and processing a third bill for $51.4 million.
The White House has long said that as the responsible party, BP must pay all costs associated with the response to the spill.
Related Coverage:
BP Tosses Lifeline to Gas Stations, Group Says
Alex Looms over Oil Spill, But May Actually Help
Celebrity Chefs Promote Louisiana Seafood
© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Obama administration said BP paid two bills totaling about $71 million earlier this month.
The government had set a Thursday deadline for the largest of the two bills, which charged the company $69 million.
Special Section: Disaster in the Gulf
The administration said the oil company is still reviewing and processing a third bill for $51.4 million.
The White House has long said that as the responsible party, BP must pay all costs associated with the response to the spill.
Related Coverage:
BP Tosses Lifeline to Gas Stations, Group Says
Alex Looms over Oil Spill, But May Actually Help
Celebrity Chefs Promote Louisiana Seafood
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