U.S. sends BP seventh bill, for $62.6 million

By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney.com) -- BP received a seventh bill from the government on Thursday, for $62.6 million, for cleanup costs related to the Deepwater Horizon oil spill.

The Obama administration said BP (BP) "and other responsible parties" -- Transocean, MOEX and Anadarko -- have paid the first six bills in full, for a total of $518.4 million. Thursday's bill makes a total of $581 million billed to date.

This disaster in the Gulf of Mexico, where an explosion occurred aboard the drilling rig Deepwater Horizon, caused thousands of gallons of oil to gush from the compromised well each day for months.

The government reiterated that BP "is financially responsible for all costs associated with all costs associated with oil removal."

That response includes efforts to stop the leak, reduce the spread of oil, protect the shoreline and mitigate damage to the public health or welfare.

Thursday's bill included expenses from two dozen federal entities and agencies from four states, the government said. Other costs, such as claims for lost wages, are being paid directly by BP and are not included in the federal bills.

The U.S. Coast Guard is responsible for dealing with the Oil Spill Liability Trust Fund, which is reimbursed on an ongoing basis to compensate individuals and communities harmed by oil spills. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 12,454.83 -74.92 -0.60%
Nasdaq 2,837.53 -1.85 -0.07%
S&P 500 1,317.82 -2.86 -0.22%
Treasuries 1.74 -0.01 -0.80%
Data as of 7:45am ET
Company Price Change % Change
Bank of America Corp... 7.15 0.01 0.14%
Sprint Nextel Corp 2.62 0.09 3.56%
Cisco Systems Inc 16.33 -0.06 -0.37%
Chesapeake Energy Co... 15.81 0.23 1.48%
Ford Motor Co 10.60 0.01 0.09%
Data as of May 25
Sponsors

Sections

The Senate hearing will focus JPMorgan's recent $2 billion trading loss, which Dimon announced earlier this month. More

The offer for mail handlers is part of the Postal Service's plan to cut 150,000 jobs by 2015. More

In the whirlwind of its IPO fallout, there has been a sort of glee in watching the company stumble. What's driving the Facebook-schadenfreude and what can the social network do about it? More

One in six children in the United States is obese. These small businesses have found creative -- and lucrative -- ways to fight the childhood obesity epidemic. More

In Harper County, Kansas, oil companies are offering farmers up to $1,250 an acre for the mineral rights that allow them to drill for oil on their property. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.