BP Meets U.S. Deadline for Oil Spill Payments

In a photo provided by the U.S. Coast Guard, the crew aboard the motor vessel Poppa John train to deploy fire-resistant oil-containment boom off the coast of Venice, La.,Monday May 3, 2010. The crew is being trained to deploy the boom and pass it along to shrimp boats whose captains have been trained to tow it during an in situ burn. (AP Photo/U.S. Coast Guard/Petty Officer 3rd Class Patrick Kelley)
AP Photo/U.S. Coast Guard
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.

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