Journal Article

Noteworthy: Gulf oil spill: Costs of well disaster still piling up


Abstract: British Petroleum's Macondo well blew out April 20 as the Deepwater Horizon platform sunk. By the time the well was capped on July 15, an estimated 4.9 million barrels of oil had flowed into the Gulf of Mexico. The U.S. government and BP are still assembling a definitive estimate of the flow; the final figure is likely to be a source of contention because it will be the basis for determining financial penalties.

Keywords: Petroleum products; Environmental protection; Petroleum industry and trade;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2010

Issue: Q4

Pages: 14

Order Number: 4