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BP agrees to record criminal penalties for U.S. oil spill

Reuters -- BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster, which caused the worst U.S. offshore oil spill ever.

The settlement includes a $1.256 billion criminal fine, the largest such levy in U.S. history, the oil company said on Thursday. U.S. Attorney General Eric Holder called the deal a "critical step forward" but was adamant that it did not end the government's criminal investigation of the spill.

The government also indicted the two highest-ranking BP supervisors aboard the Deepwater Horizon during the disaster, charging them with 23 criminal counts including manslaughter.


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Submitted Nov 16, 2012 By: Mudsprings
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: BP agrees to record criminal penalties for U.S. oil spill Back to Topics
REPLIES (newest first) Post a Reply
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Vette1967
Champion Author Albany

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Message Posted: Nov 16, 2012 9:55:33 PM

Nobody is a winner here.
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sprocketsplines
Champion Author Washington

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Message Posted: Nov 16, 2012 9:41:38 PM

There is still the civil litigation which could see even higher amounts.
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rahcat
Champion Author Grand Rapids

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Message Posted: Nov 16, 2012 9:06:38 PM

Ok
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jdc17327
Champion Author Pennsylvania

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Message Posted: Nov 16, 2012 9:05:51 PM

great!
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kiss4afrog
All-Star Author Twin Cities

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Message Posted: Nov 16, 2012 9:04:35 PM

"Caused the worst U.S. offshore oil spill ever."

If they were thinking correctly instead of saying "ever" they would of said so far. All it takes is a family crisis, a bottle of booze, a distraught captain and we can have Valdez II running aground, except the ships and cargo are bigger. Who knows when the next rig will blow and they can't figure out how to cap it and it pumps even more into the ocean and onto the shore !!
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Dragnet
Champion Author Arizona

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Message Posted: Nov 16, 2012 9:03:15 PM

Does this money go to draw down the debt Obama caused to get reelected? Consumers get any of this? Don't make me laugh any harder..... my stomach hurts too much. It will hit the politicians pockets way before any real person would ever see a penny
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Ray_10589
Champion Author New York

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Message Posted: Nov 16, 2012 8:59:48 PM

ok
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skybiker
Champion Author South Carolina

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Message Posted: Nov 16, 2012 8:58:11 PM

All these fine are passed on to the consumer...
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NAVYHM
All-Star Author Cleveland

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Message Posted: Nov 16, 2012 8:56:38 PM

YEAH RIGHT, PAY THE PENALTIES NOT THE VICTIMS FAMILIES... THAT CRAP SEEMS CORPORATE CORRECT...
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WIWalt
Champion Author Wisconsin

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Message Posted: Nov 16, 2012 8:53:53 PM

I do not support them But glad they are accepting responsibility. It is unfortunate that some lost their lives by carless actions of others!
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eppylover
Sophomore Author Grand Rapids

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Message Posted: Nov 16, 2012 8:52:35 PM

Obscenely wealthy corporations like BP shouldn't be fined MONEY. That's silly, and won't change anything. There should be some other type of hugely damaging penalty other than money.
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mcmonsta
Champion Author Honolulu

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Message Posted: Nov 16, 2012 8:52:15 PM

all executives should take a part in this debacle and pay up
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Beaveronparade
Champion Author Hartford

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Message Posted: Nov 16, 2012 8:50:52 PM

It was a horrible thing. I think it right that they had to pay.
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yankeeriffraff
All-Star Author Phoenix

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Message Posted: Nov 16, 2012 8:49:25 PM

But will they actually take money from the senior executives. instead of just the company? Not a chance - they will probably get a bonus instead of jail time.
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30mpg80
Champion Author Lexington

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Message Posted: Nov 16, 2012 8:43:26 PM

Carelessly kill, pay big money
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DustyHorse
Champion Author Virginia

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Message Posted: Nov 16, 2012 8:43:06 PM

The consumers will end up paying.
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goodbuy
Champion Author Michigan

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Message Posted: Nov 16, 2012 8:40:57 PM

BP ain't paying squat. WE ARE!!
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bonzoonfmb
Champion Author Florida

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Message Posted: Nov 16, 2012 8:37:47 PM

It punishes them but really makes no impact on anything.
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QuagmireLA
Champion Author Louisiana

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Message Posted: Nov 16, 2012 8:32:42 PM

British Petroleum tried to cut too many corners on that one. The onsite engineer recommended X# of reinforcing cement supports for the pipe. Someone from above managed to talk him into "saving money" by not re-inforcing the pipe as he should have. Look at how the savings payed off. Boil it all down and you end up with a nasty little pile of GREED! This spill need not have happened except for some schmo's corporate greed.
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drz614
Champion Author Harrisburg

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Message Posted: Nov 16, 2012 8:27:12 PM

eric holder: fox watching the hen house
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Nov 16, 2012 8:22:53 PM

Will that raISE THE PRICE OF GAS FOR BP and other stations.
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Nov 16, 2012 8:22:08 PM

That is a lot of money to pay for such harsh penalties.
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idigau22
Champion Author Washington

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Message Posted: Nov 16, 2012 8:21:59 PM

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CityCouponer
Champion Author New Orleans

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Message Posted: Nov 16, 2012 8:21:59 PM

Not nearly enough. Does this even put a dent in their 3rd qtr. profits?
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OGW
Champion Author London

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Message Posted: Nov 16, 2012 8:20:50 PM

They should have paid even more! Another fire on a rig today. Drilling rigs should not be allowed on the oceans.
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fullauto
Champion Author Reading

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Message Posted: Nov 16, 2012 8:18:37 PM

boing!
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streetcars
Champion Author Toledo

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Message Posted: Nov 16, 2012 8:17:11 PM

Yup gonna cost all of us in the end.
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menagerie1013
Champion Author San Diego

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Message Posted: Nov 16, 2012 8:15:12 PM

How will this money be spent? Will they be cleaning the ocean floor?
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naspa
Champion Author Cleveland

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Message Posted: Nov 16, 2012 8:12:01 PM

I will never buy BP ever again. Ever since the Gulf spill, I never wanted to have anything with them.
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mstearno
Champion Author Dayton

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Message Posted: Nov 16, 2012 8:08:29 PM

we pay what do they care
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serrog
Champion Author Nova Scotia

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Message Posted: Nov 16, 2012 8:06:23 PM

kudos to them
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walkingtall
Champion Author Toronto

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Message Posted: Nov 16, 2012 8:02:53 PM

Lawyers paradise.
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nemoFL
Champion Author Florida

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Message Posted: Nov 16, 2012 8:01:14 PM

ok
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clermont40miles
Champion Author Cincinnati

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Message Posted: Nov 16, 2012 7:57:43 PM

Lawyers paradise.
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mysub
Champion Author Las Vegas

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Message Posted: Nov 16, 2012 7:56:58 PM

You got that right.
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unloquacious
Champion Author Indiana

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Message Posted: Nov 16, 2012 7:56:44 PM

Big Government is going after BP like they went after Big Tobacco in the '90's...
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DABEE1073
Champion Author San Diego

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Message Posted: Nov 16, 2012 7:53:57 PM

$4.5 BILLION TO BP IS CHUMP CHANGE.
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bojiway1
Champion Author Minnesota

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Message Posted: Nov 16, 2012 7:53:18 PM

We all pay for it. In the Lo.g run.
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nimpy
Champion Author Indianapolis

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Message Posted: Nov 16, 2012 7:51:50 PM

They will just raise the prices
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OilOnTheCheap
Champion Author Ventura

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Message Posted: Nov 16, 2012 7:51:16 PM

I'm sure that I will be paying for this at some point though higher gas prices.
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erbyfub
Champion Author Raleigh

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Message Posted: Nov 16, 2012 7:48:43 PM

yeah...
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MG_Sputnik
Champion Author Philadelphia

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Message Posted: Nov 16, 2012 7:47:16 PM

Not enough.
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altima2008
Champion Author Philadelphia

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Message Posted: Nov 16, 2012 7:47:16 PM

too bad the consumer will have to foot the bill.
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VikingWoman
Champion Author Washington

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Message Posted: Nov 16, 2012 7:44:09 PM

My impression is they want to put as much blame as possible on the oil rig manager. He has responsibility no doubt but I'm convinced that BP executives let him know his first responsibility was to BP production, not to the safety of his crew. Those men on the rig were told to continue working when warning alarms were sounding. It's a downright shame.
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drobbbb
Champion Author Maryland

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Message Posted: Nov 16, 2012 7:43:00 PM

hopefully the small business owners get their money
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Eagle3236
Champion Author Missouri

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Message Posted: Nov 16, 2012 7:40:33 PM

Who will the money be paid to?
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firefly09
Champion Author San Diego

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Message Posted: Nov 16, 2012 7:39:06 PM

Old news.
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hcivic
Champion Author Virginia

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Message Posted: Nov 16, 2012 7:30:07 PM

yea, read all about it yesterday
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jay93LA
Champion Author New Orleans

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Message Posted: Nov 16, 2012 7:29:38 PM

what is enough
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pecos
Champion Author Columbus

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Message Posted: Nov 16, 2012 7:29:20 PM

No amount of fine would ever be enough.
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