From the Wall Street Journal
LONDON—BP PLC on Monday said it has continued to increase the amount of oil it is collecting from the Gulf of Mexico spill as its costs connected to the leak reached $1.25 billion.
BP said it brought 11,100 barrels of crude to a ship on Sunday after having collected 10,500 barrels Saturday, up from slightly more than 6,000 barrels the previous day.
U.S. Coast Guard Adm. Thad Allen, the U.S. government’s point man on recovery efforts, said at a White House news conference Monday that BP was approaching the collection of 15,000 barrels a day.
Scientists led by the U.S. Geological Survey have estimated at least 12,000 to 19,000 barrels of oil a day have been leaking into the water.
Meanwhile, costs to stem the leak are mounting, though BP said it was too early to quantify total expenses and liabilities associated with the incident. The $1.25 billion figure excludes $360 million for a Louisiana barrier-islands construction project, BP said.
