Replies to post #1187 on BP Plc (BP)

[KrakenTaken]

6.08 billion before this spill... with all due respect you have no idea how much this will cost, and the FACT is that BP will be responsible for ALL of it... Let em keep drilling, they got a long bill to pay

[z4lover]

they also have a huge liability on their backs.

Clean up BP says it should be about $3 billion, however most estimates put it around 10-20 billion (note they've spent a billion so far)

Then you have congress which is looking to have them pay lost wages from different industries for something like 6 months. FL tourism is 60 billion a year, then the rest of the areas in the gulf coast have about 20 billion a year in tourism. Louisiana's fishing industry is 2 billion a year alone, then you have sport fishing which is thought to be a few billion as well

Then you have to figure in fines from the government. If BP get criminal charges their fines could be as high as 200 million a day.

Now that's just a small snap shot of what all the costs could be... however there is a chance it goes way beyond the money they make a quarter or a year.