BP fines for Gulf states included in highway bill

BP fines for Gulf states included in highway bill

Credit: AP

Rain falls on oil sheen on the surface of the Gulf of Mexico near the site of the Deepwater Horizon oil well leak off the coast of Louisiana Thursday, July 15, 2010. Crew members onboard the Pacific Responder oil skimming vessel prepared to skim oil this morning, but operations were put on standby after lightning was spotted nearby. (AP Photo/Patrick Semansky)

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wwltv.com

Posted on June 27, 2012 at 7:45 PM

Updated Wednesday, Jun 27 at 7:45 PM

The Associated Press

NEW ORLEANS -- U.S. Sen. Mary Landrieu says a transportation bill that Congress is close to approving includes a provision to steer 80 percent of the fines BP PLC is expected to pay in water pollution penalties stemming from the Gulf oil spill to pay for restoration in five Gulf states.

The money is tied to a bill in the final stages of negotiations in Congress.

Landrieu said Wednesday the tentative agreement on the bill includes language directing 80 percent of the Clean Water Act fines from the Gulf of Mexico oil spill to restoration of communities and the environment in Gulf states hard hit by the 2010 spill.

BP could be fined between $5.4 billion to $21.1 billion under the Clean Water Act, depending on whether the company is found grossly negligent. 
 

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