This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Create a fund for individuals injured in the BP/Deep Water Horizon Explosion with the $4.5 Billion settlement.

Created by K.C. on November 15, 2012

BP pleaded guilty on Thursday to criminal charges related to its Deepwater Horizon explosion and oil spill in 2010. The company will pay an extra $4.5 billion over the next six years, on top of the tens of billions of dollars it has already paid for the U.S.'s worst-ever offshore oil spill. The massive settlement, which comes a week after the U.S. presidential election, could ignite a debate in Congress about how funds would be shared with Gulf Coast states, depending on how the deal is structured. Congress passed a law last year that would earmark 80 percent of BP penalties paid under the Clean Water Act to the spill-hit states of Louisiana, Mississippi, Alabama, Florida and Texas. Read More: http://news.msn.com/us/bp-to-pay-record-fine-workers-indicted

Economy & Jobs
Energy & Environment
Return to top