BP Gets Record Fine In Gulf Oil Spill

English: Platform supply vessels battle the bl...

English: Platform supply vessels battle the blazing remnants of the off shore oil rig Deepwater Horizon. A Coast Guard MH-65C dolphin rescue helicopter and crew document the fire aboard the mobile offshore drilling unit Deepwater Horizon, while searching for survivors. Multiple Coast Guard helicopters, planes and cutters responded to rescue the Deepwater Horizon’s 126 person crew. Français : Les restes en feu de la plateforme Deepwater Horizon. (Photo credit: Wikipedia)

Editor’s note:  GOOD!!!!!!!!!!!!

NEW ORLEANS — Oil giant BP has agreed to pay the largest criminal penalty in U.S. history, totaling billions of dollars, for the 2010 oil spill in the Gulf of Mexico, a person familiar with the deal said today.

The person, who spoke on condition of anonymity because they were not authorized to speak on the record about the deal, also said two BP employees face manslaughter charges over the death of 11 people in the explosion of the Deepwater Horizon oil rig that triggered the massive spill.

The person said BP will plead guilty to obstruction for lying to Congress about how much oil was pouring out of the ruptured well.  The person declined to say exactly how much the fine in the billions of dollars would be.

BP made a net profit of $5.5 billion in the third quarter, it reported last month.

Read more: http://readingeagle.com/article.aspx?id=428304

This just in, according to Lancasteronline.com, the settlement is $4.5 billion!  Read full story:

http://lancasteronline.com/article/ap/778336_BP-agrees-to-pay–4-5B–3-employees-charged.html

Off-Shore Oil Spill Threatens Louisiana

A massive oil spill is threatening the Louisiana coastline.  BP has been unable to stop the massive flow of oil (210,000 gallons a day) from a well explosion that is leaking from as deep as a mile underwater.  The government is now getting involved because of BP’s inability to solve their own problem.  BP is responsible for the $6 million dollar a day price tag. 

One third of the nation’s seafood comes from Louisiana and the delta area is in great danger.  This could eclipse the Exxon Valdez spill if not contained soon.  Oil has already reached the coastline which is teaming with wildlife.

Louisiana has never fully recovered from Katrina.  This disaster could not come at a worse time.