<P> The spill had a strong economic impact to BP and also the Gulf Coast 's economy sectors such as offshore drilling , fishing and tourism . Estimates of lost tourism dollars were projected to cost the Gulf coastal economy up to 22.7 billion through 2013 . In addition , Louisiana reported that lost visitor spending through the end of 2010 totaled $32 million , and losses through 2013 were expected to total $153 million in this state alone . The Gulf of Mexico commercial fishing industry was estimated to have lost $247 million as a result of postspill fisheries closures . One study projects that the overall impact of lost or degraded commercial , recreational , and mariculture fisheries in the Gulf could be $8.7 billion by 2020 , with a potential loss of 22,000 jobs over the same time frame . BP 's expenditures on the spill included the cost of the spill response , containment , relief well drilling , grants to the Gulf states , claims paid , and federal costs , including fines and penalties . As of March 2012 , BP estimated the company 's total spill - related expenses do not exceed $37.2 billion . However , by some estimations penalties that BP may be required to pay have reached as high as $90 billion . In addition , in November 2012 the EPA announced that BP will be temporarily banned from seeking new contracts with the US government . Due to the loss of the market value , BP had dropped from the second to the fourth largest of the four major oil companies by 2013 . During the crisis , BP gas stations in the United States reported a sales drop of between 10 and 40 % due to backlash against the company . </P>
<P> The spill had a strong economic impact to BP and also the Gulf Coast 's economy sectors such as offshore drilling , fishing and tourism . Estimates of lost tourism dollars were projected to cost the Gulf coastal economy up to 22.7 billion through 2013 . In addition , Louisiana reported that lost visitor spending through the end of 2010 totaled $32 million , and losses through 2013 were expected to total $153 million in this state alone . The Gulf of Mexico commercial fishing industry was estimated to have lost $247 million as a result of postspill fisheries closures . One study projects that the overall impact of lost or degraded commercial , recreational , and mariculture fisheries in the Gulf could be $8.7 billion by 2020 , with a potential loss of 22,000 jobs over the same time frame . BP 's expenditures on the spill included the cost of the spill response , containment , relief well drilling , grants to the Gulf states , claims paid , and federal costs , including fines and penalties . As of March 2012 , BP estimated the company 's total spill - related expenses do not exceed $37.2 billion . However , by some estimations penalties that BP may be required to pay have reached as high as $90 billion . In addition , in November 2012 the EPA announced that BP will be temporarily banned from seeking new contracts with the US government . Due to the loss of the market value , BP had dropped from the second to the fourth largest of the four major oil companies by 2013 . During the crisis , BP gas stations in the United States reported a sales drop of between 10 and 40 % due to backlash against the company . </P>
how much did the deepwater horizon oil spill cost bp
how much did the deepwater horizon oil spill cost bp
$37.2 billion
$37.2 billion