News / USA

Oil Spill Cleanup Costs Surpass $3 Billion as Oil Spreads

TEXT SIZE - +

Ten weeks after the explosion at a BP oil rig in the Gulf of Mexico, the company is reporting the cost of the response has surpassed $3 billion - and the oil continues to spread.

The U.S. Coast Guard reported on Monday that tar balls have been found on the beaches of Texas, which now joins the other Gulf states of Louisiana, Mississippi, Alabama and Florida affected by the oil that continues to gush from the broken underwater well.

The amount of oil discovered in Texas is tiny compared to what has fouled the coasts of the other four states and caused financial hardships for their residents.  BP says it has provided $147 million in payments to people affected by the disaster.

Oil cleanup efforts are being hampered this week by rough seas and high winds. But they could be given a boost by a huge Taiwanese ship which is described as the world's largest oil skimming vessel.  

After sailing halfway around the world, the ship has been undergoing tests and could be in operation as early as Tuesday.

The Taiwan company that owns the ship - TMT Shipping Offshore - says it can suck up 500,000 barrels of oily water daily, far greater than the skimmers currently operating in the Gulf.

The U.S. government estimates that 60,000 barrels of oil spew from the well each day.

Numerous attempts to stop the flow of oil have failed.  BP is now in the process of drilling a relief well that should be completed by next month and, it is hoped, bring an end to the worst oil spill in U.S. history.

Some information for this report was provided by AFP, AP and Reuters.

You May Like

Video Egypt's Conservative Rural Vote Appears Split

Early speculation after the first two-day round is showing a race too close to call More

NATO Continues Plans for Missile Defense

While Afghanistan dominated talks in Chicago, member states also reaffirmed their commitment to ballistic-missile defense More

War Declared on Invasive Leaping Asian Carp

When Asian carp were first imported decades ago, few foresaw their environmental impact. More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one
The Student Union

It’s Not Too Late To Get Admission for the Fall

More

An ‘A’ Won’t Get You a Career, But a Good Education Might

More

Here’s Exactly What a College Application Form Looks Like

More

Travel Tips for International Students in America

More

Events for International Students: May 21-25

More
Read more
Ted Landphair

The Golden Gate Bridge — A Diamond Over the Rough

More

The Empire State Building: No. 2 in New York, 1 in Our Hearts

More

On California’s Royal Road, Traces of ‘New Spain’

More

Heart of the Heartland

More

So You Want to be Famous!

More
Read more