GAO: Fuel tank cleanup could cost $12B

By JOHN HEILPRIN, Associated Press Writer
Thu Feb 22, 3:48 PM ET

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.