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$18.7B deal clears path for BP to close books on Gulf spill

2015-07-02 22:44:01| Oil & Gas - Topix.net

Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion. Federal and state government officials touted the record-breaking $18.7 billion as a historic milestone in the Gulf Coast's recovery.

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