BP Forms Gulf of Mexico Oil Spill Escrow Trust

by Gary Kopycinski on August 9, 2010

Gary Kopycinski Author

More in BP/Gulf Oil Gusher:

Statement of Chris Canfield One Year After Deepwater Horizon Explosion April 20, 2011
Groups Tell Congress: Get Together and Get Gulf Restoration Done April 20, 2011
BP’s Criminal Negligence Exposed April 20, 2011

HOUSTON–(ENEWSPF)–August 9, 2010. BP announced today that it has established a trust and made a $3 billion initial deposit of the previously-announced $20 billion escrow account to pay legitimate claims arising from the Deepwater Horizon incident and the resulting oil and gas spill.