Oil Spill's Economic Toll Estimated in the Billions

Drilling companies involved in the catastrophic explosion and spill in the Gulf of Mexico are putting a multi-billion price tag on the economic destruction caused by the growing slick and girding investors for the looming financial blow. On Monday, BP put the cost of clean-up from the runaway well at more than $760 million. But in filings that started to trickle in to the Securities and Exchange Commission last month, and have been tracked by the web site footnoted.com, a range of firms have...Full Story
Commenting on this article is closed.