Gulf Oil Spill ~ BP loses bid to cut maximum $13.7 billion Gulf spill fine

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BP loses bid to cut maximum $13.7 billion Gulf spill fine

http://www.reuters.com/article/2015/...0LN2G420150220

(Reuters) - A U.S. judge on Thursday rejected BP Plc's (BP.L) attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7 billion under the federal Clean Water Act.

U.S. District Judge Carl Barbier in New Orleans agreed with the federal government that the maximum civil penalty that BP could face is $4,300 per barrel spilled.

BP had sought a $3,000 per barrel maximum, equal to a maximum $9.57 billion civil fine. Barbier has not decided how much BP should pay, and it is unclear when he will.

Setting a fine is the last step in a civil trial overseen by Barbier to determine responsibility and penalties for the April 20, 2010 blowout of the Macondo oil well, which killed 11 workers and caused the largest U.S. offshore oil spill.

BP spokesman Geoff Morrell said the company disagrees with the decision and is considering its legal options.



BP's Event Horizon heads for Davy Jones Locker ... commencing the destruction of lives and livelihoods for decades in a minute.

[PolWatch]

my heart bleeds for them....may all of you supporters of the pipeline know the same joy that the Gulf Coast does....It only takes one accident in YOUR backyard....

[hanger4]

my heart bleeds for them....may all of you supporters of the pipeline know the same joy that the Gulf Coast does....It only takes one accident in YOUR backyard....

Let the trucks and trains crash, wait .... they already have;

http://abcnews.go.com/US/wireStory/w...-cars-29042278

[PolWatch]

like I said...your backyard next time....

[hanger4]

like I said...your backyard next time....

The oil IS going to be shipped @PolWatch whether one likes it or not.

[Safety]

I think it's a waste of time to try and establish any dialog with conservatives when it comes to environmental issues. Remember, they're not scientists, but all of them seem to have professional medical degrees.

[PolWatch]

My issue is seeing and dealing with one of the almost never happens, rare things...a major oil spill. It changes your attitude when it is an area you live near and love. I take things like that personally. If someone else wants to gamble with their area...let them. My backyard has enjoyed all the oil it can stand....let them clean the oil off their wildlife and smell the stench of the truck loads of dead creatures as they are hauled to a dump...after dark so no one will notice. Let their friends and neighbors get sick for years afterwards from helping with the clean up. I don't want to be selfish and enjoy all the fun....I want them to share too.

[Peter1469]

BP probably never thought that they would win. The goal is to push out pay day. They may have a special account that is invested for high growth. Make interest to go to the judgement.

And just to remember, the BP accident happened because safety regulations were ignored (by BP and the government).

[PolWatch]

Ignoring safety regulations would never happen again....yeap...never ever again....

[PolWatch]

I know that...I just hope everyone who wants it gets to share in the joy of a nice oil spill in their area....don't want to be selfish