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U.S. Governmental News

GAO: Fuel Tank Cleanup Could Cost $12B

Thursday, February 22, 2007 3:48:42 PM
By JOHN HEILPRIN

WASHINGTON (AP) - It will cost at least $12 billion to clean up contamination from tens of thousands of gasoline storage tanks that are leaking underground, congressional auditors say.

That is far more than the $72 million that Congress and the Bush administration have provided each year, according to the report Thursday from the General Accountability Office.

The Environmental Protection Agency, which oversees the cleanups, has already spent more than $10 billion to reduce the contamination over the past 20 years caused by hundreds of thousands of leaking tanks, many of them found at gas stations and convenience stores.


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