Follow up to postings on the Gulf Coast oil spill, this July 5, 2010 BP press release: “To date, almost 95,000 claims have been submitted and more than 47,000 payments have been made, totalling almost $147 million. The cost of the response to date amounts to approximately $3.12 billion, including the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs. On June 16, BP announced an agreed package of measures, including the creation of a $20 billion escrow account to satisfy certain obligations arising from the oil and gas spill. It is too early to quantify other potential costs and liabilities associated with the incident.”