BP tallies up claims made by state and local governments on the Gulf coast for economic and...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP tallies up claims made by state and local governments on the Gulf coast for economic and property damages from the Macondo oil spill, and believes the $34B in claims is "substantially" overstated. BP says proving a loss of tax revenue by local governments would be difficult given its response to the spill led to 40K people being hired and more taxes paid. Local reaction: BP has been "incredibly difficult to deal with."