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BP Bucks

June 11th, 2010 by flanews

Attorney General Bill McCollum is asking BP to put 2.5 billion dollars in an escrow account to help pay claims from Floridians effected by the gulf oil spill. The request comes, as questions about the companys financial abilities to make good on a promise to pay those claims begin to surface. Attorney General Spokeswoman Sandi Copes says no one knows how expensive the oil leak is going to get.

Its important for us to ensure that over the long run we have the resources available to the state to make citizens whole. This recovery process is likely going to take years and I think anybody has any idea how much it is going to cost, but we know it is going to be incredible expensive, said Copes.

So Far BP has given the state 75 million dollar to help protect Floridas coastline and promote tourism. The company has also paid more than eight million dollars in claims.

Posted in Gulf Oil Spill, McCollum, State News | No Comments »

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