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Gulf spill response has cost BP $930M so far

BP PLC says it has spent $930 million so far responding to a ruptured oil well in the Gulf of Mexico.

An image from a live video feed the oil plume is seen on the BP.com website early Wednesday, May 26, 2010. The oil company planned a "top kill" designed to choke off the gusher of oil at the bottom of the Gulf of Mexico by force-feeding it heavy drilling mud and cement early Wednesday May 26, 2010. (AP Photo/BP.com)

NEW YORK (AP) - BP PLC says it has spent $930 million so far responding to a ruptured oil well in the Gulf of Mexico.

The British oil giant owns the well that's gushed millions of gallons of crude for more than a month.

The company made the estimate Friday in a regulatory filing. The costs include what it has spent on responding to the spill, drilling relief wells, paying grants to Gulf states, damage claims and federal costs.

BP says it's too early to quantify other potential costs and liabilities associated with the spill.

Scientists say the Gulf spill much worse than the Exxon Valdez disaster of 1989.


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