BP plc is back on the hook for another $1 billion

The cost of the Gulf of Mexico oil spill in 2010 continues to mount for BP(LSE: BP), despite many shareholders getting the impression back in summer 2015 that the company had drawn a line under proceedings.

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Owain Bennallack owns shares of BP. The Motley Fool UK has recommended BP. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.