BP Estimates Deepwater Horizon Liabilities

[Sanguine]

BP announced today that following significant progress in resolving outstanding claims arising from the 2010 Deepwater Horizon accident and oil spill, it can now reliably estimate all of its remaining material liabilities in connection with the incident.

.....This would bring the total cumulative pre-tax charge relating to the Deepwater Horizon incident to $61.6 billion or $44.0 billion after tax....

http://oilpro.com/post/25903/bp-estimates-deepwater-horizon-liabilities?

Wow.