BP PLC said Monday that it will pay for all the cleanup costs from a massive oil spill in the Gulf of Mexico that could continue spewing crude for at least another week.
The company posted a fact sheet on its Web site saying it took responsibility for the response to the Deepwater Horizon spill and would pay compensation for legitimate claims for property damage, personal injury and commercial losses.
"We are responsible, not for the accident, but we are responsible for the oil and for dealing with it and cleaning the situation up," Hayward said. He said the equipment that failed on the rig and led to the spill belonged to owner Transocean Ltd., not BP, which operated the rig.
At BP's Houston offices, dozens of engineers and technicians were cloistered on the third floor, working 12-hour shifts round-the-clock to come up with a solution.
Asked by Anonymous at 10:10 AM on May. 3, 2010 in Politics & Current Events
Answer by beachmamaof2 at 10:12 AM on May. 3, 2010
Answer by beachmamaof2 at 10:13 AM on May. 3, 2010
Answer by itsmesteph11 at 11:43 AM on May. 3, 2010
Answer by TBandNCmommy at 11:55 AM on May. 3, 2010
Answer by grlygrlz2 at 12:06 PM on May. 3, 2010
I'll believe it when it happens. Texaco said the same thing in Ecuador and has since bowed out, despite legal instruction mandating otherwise. Screw up the Amazon, screw up the Gulf, make money .......stall and deny. I hope BP does the correct and moral thing.
Answer by Sisteract at 12:30 PM on May. 3, 2010