BP pays $3.8 billion to 300, 000 victims of Gulf Coast oil spill
The BP Deepwater Horizon oil rig ablaze. Oil spill picture. Image: U.S. Coast Guard. BP pays $3.8 billion to 300, 000 victims of Gulf Coast oil spill The British Petroleum has already paid $3.8 billion to 300, 000 victims of the catastrophic Gulf Coast oil spill according to the Dan Rather Reports . The spill stemmed from a sea-floor oil gusher that resulted from an explosion of Deepwater Horizon on April 20, 2010. Deepwater Horizon drilled on the BP-operated Macondo Prospect. The explosion killed 11 men working on the platform and injured 17 others. On July 15, the leak was stopped by capping the gushing wellhead, after it had released about 4.9 million barrels (205.8 million gallons) of crude oil. Rather will interview Ken Feinberg, Administrator of the Gulf Coast Claims Facility on Tuesday, April 12 at 8:00 p.m. ET to track progress one year after the spill began. Feinberg was asked by the Obama Administration and British Petroleum to design, implement, and administer a process to ...