The Obama administration unveiled a plan on Tuesday that would open up a large swath of federal waters off the coast of the eastern United States to oil and gas drilling. Under the plan, drilling in the Atlantic could span from Virginia to Georgia. “This is a balanced proposal that would make available nearly 80…
Despite BP’s public relations blitz and high-priced team of lawyers, the U.S. Supreme Court on Monday rejected the oil giant’s challenge to a settlement of billions of dollars for the 2010 Deepwater Horizon explosion oil spill. The challenge was just the latest attempt by the company to avoid paying those impacted by the disaster. Agreed…
The 2010 oil disaster in the Gulf of Mexico was the result of BP’s “gross negligence” and “willful misconduct,” a federal judge has ruled. The ruling on Thursday by U.S. District Judge Carl Barbier means the oil giant could be responsible for as much as $18 billion in penalties under the Clean Water Act, as…
