BP Ready for Spill 10 Times Gulf Disaster, Plan Says

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BP Plc said in permit applications for drilling in the Gulf of Mexico that it was prepared to handle an oil spill more than ten times larger than the one now spewing crude into the waters off the southern United States.

“Proper execution of the procedures detailed in this manual will help to limit environmental and ecological damage to sensitive areas as well as minimizing loss or damage to BP facilities in the event of a petroleum release,” the company said in its oil-spill response plan, filed with the U.S. Minerals Management Service in 2008.