The state of Minnesota is suing British Petroleum for $25 million, alleging the company double dipped when it sought state funds on top of insurance payments to clean up contamination from leaking petroleum storage tanks. The Department of Commerce and Minnesota’s Petrofund Board filed the suit Monday. It alleges that from 1988 to 2012, BP received hundreds of millions of dollars in insurance claims to clean up polluted properties statewide.
How about paying $4 a gallon for gas? Some experts say it will happen soon, and we won’t be paying more just at the gas station.
The Obama administration has decided to release 30 million barrels of oil from the U.S. Strategic Petroleum Reserve.
Drivers likely noticed it on their way home from work Thursday night. Gas jumped to $3.49 a gallon all over the Twin Cities. Just Wednesday, a gallon of regular unleaded cost $3.29.
Drivers around the metro most likely noticed it on the drive to work: the price of gas in the Twin Cities just jumped. And experts say drivers should fill up now to avoid paying even more.