BP's Environmental Liability Grandfathered at 75 mil
Ok guys. 1.25 billion is not the total expense thus far spent on the environmental liability portion is it? It icludes that of construction costs on domes, new well drillings, incremental labor, and other variable costs. So, please wisen up! Any environmental payout above the 75mil is done by BP out of goodwill. Negligence needs to be proven in the courtroom. From what I can see, there is no negligence, since BP got all the govenmental clearance. It is not BP's fault, the deepwater regulations were not up to date.