Disasters

BP 'Grossly Negligent' in 2010 U.S. Spill, Fines Could Be $18 Billion

"A U.S. judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion (25.73 billion pounds) in charges the company took for the worst offshore environmental disaster in U.S. history."

Source: Reuters, 09/04/2014

Halliburton to Pay $1.1 Billion to Settle Damages in Gulf Oil Spill

"Halliburton, the company contracted by BP to cement the ill-fated Macondo oil well in the Gulf of Mexico, has reached a $1.1 billion settlement with thousands of businesses, individuals and local governments that suffered losses from the 2010 Deepwater Horizon oil rig explosion, the company and plaintiffs announced on Tuesday."

Source: NY Times, 09/03/2014

Congress Doesn't Want You To Read These Reports

More evidence of Congress' ineffectiveness comes in its ongoing failure to keep its secrets actually secret. Its official policy is to keep the Congressional Research Service from publicly releasing the handy explainers it produces at taxpayer expense. Thanks again to the Federation of American Scientists' Government Secrecy Project for unauthorized publication of these reports.

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