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The Attorney General of Florida sent a letter to BP asking that the company deposit no less than $2.5 billion into an escrow account to cover future claims to citizens and businesses that have been hit by the oil spill.
As efforts to plug the ruptured well in the Gulf of Mexico continue to fall short, the stakes for the region’s economy grow ever higher.
Gas prices have been drifting lower over the past few weeks, which is welcome news for drivers who are gearing up to hit the road for Memorial Day weekend.