White House to Send BP $69MM for Gulf Clean-Up Efforts

Deepwater Horizon Gulf of Mexico Oil Spill

WASHINGTON(Dow Jones Newswires), June 3, 2010

The White House is planning to send BP a bill Thursday for $69 million to cover the costs of cleaning up the oil disaster in the Gulf coast, White House Press Secretary Robert Gibbs said Thursday.

The money covers up-to-date expenses related to the government's response and clean-up efforts for the Gulf oil disaster, which is spewing 12,000 to 19,000 barrels of oil daily and is the worst oil-spill disaster in the nation's history.

BP and the federal government are facing growing pressure over the spill. Obama is set to travel to the Louisiana coast Friday. BP and the federal government have said they are now working on containing the mile-deep leak, rather than on plugging it, after several attempts to stop it failed. BP is drilling relief wells, which are expected to be completed in August. The company and the government have said the relief wells will ultimately stop the leak.

Copyright (c) 2010 Dow Jones & Company, Inc.

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