Oil and $20B BP Payoff Fund, May Both Be Hard to Find

The Obama administration says in a report out Wednesday that a combination of Mother Nature and Uncle Sam has recovered or dispersed three-fourths of the estimated 4.9 million barrels of oil that gushed into the Gulf of Mexico as a result of the BP calamity.

 And the oil that’s left — 26 percent of the total — “is in the process of being degraded,” the document reports. Administration officials say the figures show the government’s response has paid off. The document constitutes a promising ecological prognosis and the first time the government has said authoritatively that the disaster’s impact may not be as bad as many experts had feared.

Both oil and BP $20 B payoff fund may both be hard to find..

 

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