Oil Spill Underwater Sensors to Gauge Flow
BP mounted a more aggressive response to the oil spill in the Gulf of Mexico on Sunday as it started
deploying undersea sensors to better measure the ferocious flow of crude while drawing up new
plans to meet a...
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Oil Spill Underwater Sensors to Gauge Flow
BP mounted a more aggressive response to the oil spill in the Gulf of Mexico on Sunday as it started
deploying undersea sensors to better measure the ferocious flow of crude while drawing up new
plans to meet a government demand that it speed up the containment effort ahead of President
Obama's visit to the coast.
The financial ramifications of the disaster are growing by the day as the White House and states put
pressure on BP to set aside billions of dollars to pay spill-related claims in a move that could quickly
drain the company's cash reserves and hasten its path toward possible bankruptcy.
Numbers released by BP in London on Monday put the overall cost of the company's oil spill
response at $1.6 billion, to date.
Special Section: Gulf Coast Oil Disaster
BP PLC spokesman Mark Proegler said the company would not make public its response due Sunday
to a letter from the Coast Guard demanding that it intensify the efforts to stop the spill.
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