BP agreed today to set up a $20 billion escrow fund to pay damage claims resulting from the Gulf of Mexico oil spill.
BALTIMORE — “Criminal negligence. The verdict is guilty!” That was the message proclaimed by pickets walking near a local BP gas station here June 12 as British Petroleum’s gusher continued to spew 80,000 barrels of crude oil daily into the Gulf of Mexico. There is no end in sight of this nightmare.
President Obama is back in the Gulf of Mexico for a two-day tour followed by a national prime-time TV address Tuesday, June 15, on the worst ecological disaster in U.S. history.
A second “containment” vessel will increase the amount of oil being captured to as much as 28,000 barrels of oil per day.
Government officials confirmed today that oil as far as 3,300 feet below the surface is traveling in clouds through large areas of the subsea Gulf of Mexico. At a news briefing, Jane Lubchenko, of the National Oceanic and Atmospheric Administration, said the subsea oil was found 42 miles northeast of the well site and also 142 miles to the southeast.
As oil washes up on Florida beaches, scores of cleanup workers are falling ill.
President Obama heads back to the Gulf Coast Friday, as BP's CEO acknowledges the company was completely unprepared for a deepwater oil spill.
Workers struggling to stem the oil flow on the Gulf Coast are falling ill and some are filing class actions suits against BP.
While BP has its own "reporters" enthusing about a "ballet at sea" in the Gulf, some 200,000 workers in the region are either out of work or facing imminent unemployment.
Union leaders, fishermen and environmentalists in the Gulf region say there is almost no chance that BP can stop the gushing oil by August.