Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:03 PM

GasBuddy News Article

33
votes
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.


Read the Full Article

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
Vette1967
Champion Author Albany

Posts:9,200
Points:2,051,895
Joined:Jun 2009
Message Posted: Nov 16, 2012 11:55:33 PM

Nobody is a winner here.
sprocketsplines
Champion Author Washington

Posts:4,857
Points:1,616,135
Joined:Oct 2010
Message Posted: Nov 16, 2012 11:41:38 PM

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

Posts:5,950
Points:1,438,975
Joined:Jan 2010
Message Posted: Nov 16, 2012 11:06:38 PM

Ok
jdc17327
Champion Author Pennsylvania

Posts:2,648
Points:204,255
Joined:May 2009
Message Posted: Nov 16, 2012 11:05:51 PM

great!
kiss4afrog
All-Star Author Twin Cities

Posts:843
Points:481,590
Joined:Jan 2008
Message Posted: Nov 16, 2012 11:04:35 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 !!
Dragnet
Champion Author Arizona

Posts:18,783
Points:3,657,680
Joined:Jul 2004
Message Posted: Nov 16, 2012 11:03:15 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
Ray_10589
Champion Author New York

Posts:7,989
Points:1,935,890
Joined:May 2009
Message Posted: Nov 16, 2012 10:59:48 PM

ok
skybiker
Champion Author South Carolina

Posts:9,533
Points:2,283,300
Joined:Jul 2008
Message Posted: Nov 16, 2012 10:58:11 PM

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

Posts:761
Points:1,431,080
Joined:May 2008
Message Posted: Nov 16, 2012 10:56:38 PM

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

Posts:4,856
Points:1,184,395
Joined:Mar 2012
Message Posted: Nov 16, 2012 10:53:53 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!
eppylover
Sophomore Author Grand Rapids

Posts:245
Points:60,210
Joined:Nov 2009
Message Posted: Nov 16, 2012 10:52:35 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.
mcmonsta
Champion Author Honolulu

Posts:6,169
Points:1,580,545
Joined:Sep 2009
Message Posted: Nov 16, 2012 10:52:15 PM

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

Posts:3,406
Points:1,348,445
Joined:Mar 2011
Message Posted: Nov 16, 2012 10:50:52 PM

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

Posts:652
Points:744,225
Joined:Aug 2012
Message Posted: Nov 16, 2012 10:49:25 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.
30mpg80
Champion Author Lexington

Posts:15,184
Points:2,262,370
Joined:Nov 2008
Message Posted: Nov 16, 2012 10:43:26 PM

Carelessly kill, pay big money
DustyHorse
Champion Author Virginia

Posts:9,229
Points:2,128,590
Joined:Oct 2008
Message Posted: Nov 16, 2012 10:43:06 PM

The consumers will end up paying.
goodbuy
Champion Author Michigan

Posts:10,679
Points:2,150,150
Joined:May 2005
Message Posted: Nov 16, 2012 10:40:57 PM

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

Posts:2,540
Points:888,110
Joined:Feb 2010
Message Posted: Nov 16, 2012 10:37:47 PM

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

Posts:1,120
Points:166,540
Joined:Jun 2012
Message Posted: Nov 16, 2012 10:32:42 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.
drz614
Champion Author Harrisburg

Posts:5,565
Points:1,372,090
Joined:Aug 2011
Message Posted: Nov 16, 2012 10:27:12 PM

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

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Nov 16, 2012 10:22:53 PM

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

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Nov 16, 2012 10:22:08 PM

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

Posts:27,559
Points:3,889,160
Joined:Apr 2003
Message Posted: Nov 16, 2012 10:21:59 PM

CityCouponer
Champion Author New Orleans

Posts:2,736
Points:682,260
Joined:Aug 2012
Message Posted: Nov 16, 2012 10:21:59 PM

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

Posts:7,135
Points:2,191,965
Joined:Sep 2005
Message Posted: Nov 16, 2012 10:20:50 PM

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

Posts:7,140
Points:1,886,695
Joined:Apr 2008
Message Posted: Nov 16, 2012 10:18:37 PM

boing!
streetcars
Champion Author Toledo

Posts:15,513
Points:3,376,525
Joined:Apr 2005
Message Posted: Nov 16, 2012 10:17:11 PM

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

Posts:2,365
Points:1,301,790
Joined:Apr 2011
Message Posted: Nov 16, 2012 10:15:12 PM

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

Posts:4,640
Points:1,127,850
Joined:Jan 2012
Message Posted: Nov 16, 2012 10:12:01 PM

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

Posts:9,680
Points:2,355,030
Joined:Jan 2008
Message Posted: Nov 16, 2012 10:08:29 PM

we pay what do they care
serrog
Champion Author Nova Scotia

Posts:8,797
Points:2,285,690
Joined:Oct 2008
Message Posted: Nov 16, 2012 10:06:23 PM

kudos to them
walkingtall
Champion Author Toronto

Posts:7,073
Points:1,880,665
Joined:Nov 2004
Message Posted: Nov 16, 2012 10:02:53 PM

Lawyers paradise.
nemoFL
Champion Author Florida

Posts:10,824
Points:2,081,335
Joined:Oct 2008
Message Posted: Nov 16, 2012 10:01:14 PM

ok
clermont40miles
Champion Author Cincinnati

Posts:14,659
Points:2,542,235
Joined:Apr 2008
Message Posted: Nov 16, 2012 9:57:43 PM

Lawyers paradise.
mysub
Champion Author Las Vegas

Posts:11,735
Points:3,086,750
Joined:Apr 2006
Message Posted: Nov 16, 2012 9:56:58 PM

You got that right.
unloquacious
Champion Author Indiana

Posts:5,652
Points:1,691,665
Joined:May 2005
Message Posted: Nov 16, 2012 9:56:44 PM

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

Posts:11,650
Points:2,347,000
Joined:Jun 2008
Message Posted: Nov 16, 2012 9:53:57 PM

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

Posts:5,176
Points:1,239,535
Joined:Dec 2011
Message Posted: Nov 16, 2012 9:53:18 PM

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

Posts:10,961
Points:2,402,040
Joined:Oct 2007
Message Posted: Nov 16, 2012 9:51:50 PM

They will just raise the prices
OilOnTheCheap
Champion Author Ventura

Posts:6,075
Points:1,219,500
Joined:Jan 2012
Message Posted: Nov 16, 2012 9:51:16 PM

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

Posts:11,689
Points:2,417,755
Joined:Jul 2008
Message Posted: Nov 16, 2012 9:48:43 PM

yeah...
MG_Sputnik
Champion Author Philadelphia

Posts:10,323
Points:2,727,255
Joined:Apr 2006
Message Posted: Nov 16, 2012 9:47:16 PM

Not enough.
altima2008
Champion Author Philadelphia

Posts:11,400
Points:2,511,680
Joined:Apr 2008
Message Posted: Nov 16, 2012 9:47:16 PM

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

Posts:4,545
Points:995,255
Joined:May 2012
Message Posted: Nov 16, 2012 9:44:09 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.
drobbbb
Champion Author Maryland

Posts:6,464
Points:1,567,675
Joined:Dec 2010
Message Posted: Nov 16, 2012 9:43:00 PM

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

Posts:4,321
Points:972,350
Joined:Oct 2012
Message Posted: Nov 16, 2012 9:40:33 PM

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

Posts:4,666
Points:1,249,645
Joined:Mar 2009
Message Posted: Nov 16, 2012 9:39:06 PM

Old news.
hcivic
Champion Author Virginia

Posts:7,061
Points:3,034,515
Joined:Aug 2005
Message Posted: Nov 16, 2012 9:30:07 PM

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

Posts:5,756
Points:1,368,520
Joined:Aug 2011
Message Posted: Nov 16, 2012 9:29:38 PM

what is enough
pecos
Champion Author Columbus

Posts:9,891
Points:2,690,335
Joined:Jul 2005
Message Posted: Nov 16, 2012 9:29:20 PM

No amount of fine would ever be enough.
bra0712
Champion Author Arizona

Posts:5,760
Points:1,453,815
Joined:Nov 2008
Message Posted: Nov 16, 2012 9:26:49 PM

wow, sucks to be them
Post a reply Back to Topics