Q&A: What Federal Ruling Against BP Means for Oil Drilling's Future: "On Thursday, a judge for the U.S. District Court of Eastern Louisiana issued a ruling that BP exhibited "gross negligence" and "willful misconduct" in the lead-up to the April 2010 explosion and spill.
The ruling holds that BP is subject to "enhanced civil penalties" under the Clean Water Act, which could add up to $18 billion more in fines to the $28 billion that BP has already spent on cleanup efforts and damage claims in the Gulf. The explosion spewed more than 200 million gallons (750 million liters) of oil into the Gulf of Mexico. "
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Monday, September 8, 2014
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