If the new range of flow estimates proves correct, and if BP is ultimately found guilty of gross negligence in actions it took that led to the Deepwater Horizon disaster, that would mean the company could be assessed fines of up to $258 million a day. Those fines could come on top of payments for cleanup costs and economic damage to Gulf Coast businesses.
June 17, 2010
How much is 2.5M barrels of oil?
About 9,464 cubic metres - or almost 4 Olympic sized swimming pools - of crude oil is leaking into the Gulf of Mexico per day. Shareholders may well ponder on the risks of their investment and the ability of their executives to manage that risk.
