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oil spill florida News

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More Than 27,000 Abandoned Wells in Gulf

Jul 7th 2010 – 6:53AM
Joe Raedle, Getty Images

Joe Raedle, Getty Images

(July 7) -- More than 27,000 abandoned oil and gas wells lurk in the hard rock beneath the Gulf of Mexico, an environmental minefield that has been ignored for decades. No one - not industry, not government - is checking to see if they are leaking, an Associated Press investigation shows. The oldest of these wells were...

BP's Oil Spill Tab Now Tops $3 Billion

By Lauren FrayerJul 5th 2010 – 6:50AM
Judi Bottoni, AP

Judi Bottoni, AP

(July 5) -- BP announced today that its costs from America's worst-ever oil spill have topped $3 billion, and that it's accelerating cleanup efforts in the Gulf of Mexico after a lull during Hurricane Alex's storm surge. The price tag is up from a figure of $2.35 billion that BP announced late last month. With American...

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