A small amount of oil has reached Florida’s Panhandle, the Wall Street Journal reports. A much larger “sheen” remains less than 50 miles away. According to the latest estimates, cleaning up the oil gushing from BP’s deepwater well could cost the company $37 billion, Bloomberg News reports. As OtherWords columnist Jim Hightower put it, when corporations promise to clean up a mess, things rarely go as they say. “This lesson is literally oozing over us in the form of the Gulf of Mexico’s disastrous oil slick,” Hightower said in a recent column.
Oil Begins to Hit Florida Beaches; Disaster May cost BP $37 Billion
As Hightower says, it's oozing on us.
June 2, 2010