BP Oil Disaster-Day 58
- BP agreed to a $20 billion fund to pay claims arising from its Gulf disaster. This is a positive step and good for the White House who had pushed for the fund.
- BP also began collecting oil through a second containment system today. They have yet to release estimates on how much extra oil is being picked up by this second system.
- It’s not all relatively good news though. Government officials yesterday released their latest estimate that up to 60,000 barrels (roughly 2.5 million gallons) of oil are flowing into the Gulf per day. To put this in perspective, the original estimates on April 1 were 1,000 barrels per day. That’s a somewhat significant 59,000 barrel difference.
- As mentioned earlier, Palin gave her latest foolish interview on The O Reilly Factor last night. If you need a laugh, just watch.
This will be a daily update until the leak is stopped or BP no longer exists. Whichever happens first…