Comment on Gulf states reach $18.7B settlement with BP over oil spill

Gulf states reach $18.7B settlement with BP over oil spill

NEW ORLEANS (AP) — Officials in Florida, Alabama, Mississippi and Louisiana have announced an $18.7 billion settlement with BP that resolves years of litigation over the 2010 Gulf of Mexico oil spill. Thursday's settlement announcement comes as a federal judge was preparing to rule on how much BP owed in federal Clean Water Act penalties after well over 125 million gallons of oil spewed into the Gulf. BP has said its spill-related costs already exceed $42 billion — even without the Clean Water Act fine.Read more on NewsOK.com

 

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