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The Deepwater Horizon oil rig explodes in the Gulf of Mexico and kills 11 people
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The Deepwater Horizon oil rig sinks after burning for 36 hours.
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Officials say the well is leaking about 1,000 barrels of oil per day.
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The coast guard warns that this could be the worst oil spill in history.
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President Obama visits the oil spill site and say that BP is responsible and must pay for clean up.
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BP reveals they've spent $350 million so far on the cleanup effort.
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Carol Browner confirms that this is the worst oil spill in history. (Even worse than the Exxon Valdez spill in Alaska)
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BP announces it will place $20 billion in an account to compensate oil spill victims.
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Scientists say that the oil is clearing from the sea surface much faster than expected, 100 days after the spill.
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The ruptured well is finally sealed and declared "effectively dead."
