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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

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Vette1967 Champion Author Albany Posts:5,957 Points:1,274,050 Joined:Jun 2009	Message Posted: Nov 17, 2012 12:55:33 AM Ignore Vette1967 Report Abuse Nobody is a winner here.
sprocketsplines Champion Author Washington Posts:1,677 Points:859,665 Joined:Oct 2010	Message Posted: Nov 17, 2012 12:41:38 AM Ignore sprocketsplines Report Abuse There is still the civil litigation which could see even higher amounts.
rahcat Champion Author Grand Rapids Posts:2,463 Points:661,975 Joined:Jan 2010	Message Posted: Nov 17, 2012 12:06:38 AM Ignore rahcat Report Abuse Ok
jdc17327 Champion Author Pennsylvania Posts:2,555 Points:197,690 Joined:May 2009	Message Posted: Nov 17, 2012 12:05:51 AM Ignore jdc17327 Report Abuse great!
kiss4afrog Veteran Author Twin Cities Posts:421 Points:173,960 Joined:Jan 2008	Message Posted: Nov 17, 2012 12:04:35 AM Ignore kiss4afrog Report Abuse "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:15,401 Points:2,907,785 Joined:Jul 2004	Message Posted: Nov 17, 2012 12:03:15 AM Ignore Dragnet Report Abuse 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:4,941 Points:1,182,010 Joined:May 2009	Message Posted: Nov 16, 2012 11:59:48 PM Ignore Ray_10589 Report Abuse ok
skybiker Champion Author South Carolina Posts:7,287 Points:1,558,440 Joined:Jul 2008	Message Posted: Nov 16, 2012 11:58:11 PM Ignore skybiker Report Abuse All these fine are passed on to the consumer...
NAVYHM All-Star Author Cleveland Posts:761 Points:1,384,955 Joined:May 2008	Message Posted: Nov 16, 2012 11:56:38 PM Ignore NAVYHM Report Abuse YEAH RIGHT, PAY THE PENALTIES NOT THE VICTIMS FAMILIES... THAT CRAP SEEMS CORPORATE CORRECT...
WIWalt Champion Author Wisconsin Posts:1,724 Points:414,755 Joined:Mar 2012	Message Posted: Nov 16, 2012 11:53:53 PM Ignore WIWalt Report Abuse 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:231 Points:38,180 Joined:Nov 2009	Message Posted: Nov 16, 2012 11:52:35 PM Ignore eppylover Report Abuse 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:3,222 Points:816,820 Joined:Sep 2009	Message Posted: Nov 16, 2012 11:52:15 PM Ignore mcmonsta Report Abuse all executives should take a part in this debacle and pay up
Beaveronparade Champion Author Hartford Posts:2,102 Points:634,115 Joined:Mar 2011	Message Posted: Nov 16, 2012 11:50:52 PM Ignore Beaveronparade Report Abuse It was a horrible thing. I think it right that they had to pay.
yankeeriffraff Veteran Author Phoenix Posts:386 Points:220,000 Joined:Aug 2012	Message Posted: Nov 16, 2012 11:49:25 PM Ignore yankeeriffraff Report Abuse 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:10,014 Points:1,485,905 Joined:Nov 2008	Message Posted: Nov 16, 2012 11:43:26 PM Ignore 30mpg80 Report Abuse Carelessly kill, pay big money
DustyHorse Champion Author Virginia Posts:6,079 Points:1,390,785 Joined:Oct 2008	Message Posted: Nov 16, 2012 11:43:06 PM Ignore DustyHorse Report Abuse The consumers will end up paying.
goodbuy Champion Author Michigan Posts:7,658 Points:1,420,630 Joined:May 2005	Message Posted: Nov 16, 2012 11:40:57 PM Ignore goodbuy Report Abuse BP ain't paying squat. WE ARE!!
bonzoonfmb Champion Author Florida Posts:1,777 Points:643,610 Joined:Feb 2010	Message Posted: Nov 16, 2012 11:37:47 PM Ignore bonzoonfmb Report Abuse It punishes them but really makes no impact on anything.
QuagmireLA Champion Author Louisiana Posts:1,079 Points:160,365 Joined:Jun 2012	Message Posted: Nov 16, 2012 11:32:42 PM Ignore QuagmireLA Report Abuse 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:2,294 Points:596,645 Joined:Aug 2011	Message Posted: Nov 16, 2012 11:27:12 PM Ignore drz614 Report Abuse 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 11:22:53 PM Ignore fuelsaverMN Report Abuse 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 11:22:08 PM Ignore fuelsaverMN Report Abuse That is a lot of money to pay for such harsh penalties.
idigau22 Champion Author Washington Posts:23,397 Points:3,200,035 Joined:Apr 2003	Message Posted: Nov 16, 2012 11:21:59 PM Ignore idigau22 Report Abuse √
CityCouponer All-Star Author New Orleans Posts:928 Points:200,155 Joined:Aug 2012	Message Posted: Nov 16, 2012 11:21:59 PM Ignore CityCouponer Report Abuse Not nearly enough. Does this even put a dent in their 3rd qtr. profits?
OGW Champion Author London Posts:5,324 Points:1,531,150 Joined:Sep 2005	Message Posted: Nov 16, 2012 11:20:50 PM Ignore OGW Report Abuse 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:5,310 Points:1,470,115 Joined:Apr 2008	Message Posted: Nov 16, 2012 11:18:37 PM Ignore fullauto Report Abuse boing!
streetcars Champion Author Toledo Posts:12,259 Points:2,605,665 Joined:Apr 2005	Message Posted: Nov 16, 2012 11:17:11 PM Ignore streetcars Report Abuse Yup gonna cost all of us in the end.
menagerie1013 Champion Author San Diego Posts:2,365 Points:688,365 Joined:Apr 2011	Message Posted: Nov 16, 2012 11:15:12 PM Ignore menagerie1013 Report Abuse How will this money be spent? Will they be cleaning the ocean floor?
naspa Champion Author Cleveland Posts:1,266 Points:351,175 Joined:Jan 2012	Message Posted: Nov 16, 2012 11:12:01 PM Ignore naspa Report Abuse 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:8,061 Points:1,730,260 Joined:Jan 2008	Message Posted: Nov 16, 2012 11:08:29 PM Ignore mstearno Report Abuse we pay what do they care
serrog Champion Author Nova Scotia Posts:5,559 Points:1,511,155 Joined:Oct 2008	Message Posted: Nov 16, 2012 11:06:23 PM Ignore serrog Report Abuse kudos to them
walkingtall Champion Author Toronto Posts:3,989 Points:1,119,730 Joined:Nov 2004	Message Posted: Nov 16, 2012 11:02:53 PM Ignore walkingtall Report Abuse Lawyers paradise.
nemoFL Champion Author Florida Posts:8,796 Points:1,609,300 Joined:Oct 2008	Message Posted: Nov 16, 2012 11:01:14 PM Ignore nemoFL Report Abuse ok
clermont40miles Champion Author Cincinnati Posts:10,562 Points:1,770,920 Joined:Apr 2008	Message Posted: Nov 16, 2012 10:57:43 PM Ignore clermont40miles Report Abuse Lawyers paradise.
mysub Champion Author Las Vegas Posts:8,906 Points:2,329,490 Joined:Apr 2006	Message Posted: Nov 16, 2012 10:56:58 PM Ignore mysub Report Abuse You got that right.
unloquacious Champion Author Indiana Posts:2,678 Points:1,037,715 Joined:May 2005	Message Posted: Nov 16, 2012 10:56:44 PM Ignore unloquacious Report Abuse Big Government is going after BP like they went after Big Tobacco in the '90's...
DABEE1073 Champion Author San Diego Posts:8,195 Points:1,571,135 Joined:Jun 2008	Message Posted: Nov 16, 2012 10:53:57 PM Ignore DABEE1073 Report Abuse $4.5 BILLION TO BP IS CHUMP CHANGE.
bojiway1 Champion Author Minnesota Posts:2,039 Points:477,085 Joined:Dec 2011	Message Posted: Nov 16, 2012 10:53:18 PM Ignore bojiway1 Report Abuse We all pay for it. In the Lo.g run.
nimpy Champion Author Indianapolis Posts:8,130 Points:1,700,130 Joined:Oct 2007	Message Posted: Nov 16, 2012 10:51:50 PM Ignore nimpy Report Abuse They will just raise the prices
OilOnTheCheap Champion Author Ventura Posts:2,097 Points:449,410 Joined:Jan 2012	Message Posted: Nov 16, 2012 10:51:16 PM Ignore OilOnTheCheap Report Abuse I'm sure that I will be paying for this at some point though higher gas prices.
erbyfub Champion Author Raleigh Posts:8,738 Points:1,678,110 Joined:Jul 2008	Message Posted: Nov 16, 2012 10:48:43 PM Ignore erbyfub Report Abuse yeah...
MG_Sputnik Champion Author Philadelphia Posts:7,300 Points:1,959,430 Joined:Apr 2006	Message Posted: Nov 16, 2012 10:47:16 PM Ignore MG_Sputnik Report Abuse Not enough.
altima2008 Champion Author Philadelphia Posts:8,155 Points:1,736,040 Joined:Apr 2008	Message Posted: Nov 16, 2012 10:47:16 PM Ignore altima2008 Report Abuse too bad the consumer will have to foot the bill.
VikingWoman Champion Author Washington Posts:1,259 Points:250,690 Joined:May 2012	Message Posted: Nov 16, 2012 10:44:09 PM Ignore VikingWoman Report Abuse 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:3,470 Points:811,260 Joined:Dec 2010	Message Posted: Nov 16, 2012 10:43:00 PM Ignore drobbbb Report Abuse hopefully the small business owners get their money
Eagle3236 Champion Author Missouri Posts:1,143 Points:208,200 Joined:Oct 2012	Message Posted: Nov 16, 2012 10:40:33 PM Ignore Eagle3236 Report Abuse Who will the money be paid to?
firefly09 Champion Author San Diego Posts:2,497 Points:716,700 Joined:Mar 2009	Message Posted: Nov 16, 2012 10:39:06 PM Ignore firefly09 Report Abuse Old news.
hcivic Champion Author Virginia Posts:3,844 Points:2,263,765 Joined:Aug 2005	Message Posted: Nov 16, 2012 10:30:07 PM Ignore hcivic Report Abuse yea, read all about it yesterday
jay93LA Champion Author New Orleans Posts:2,444 Points:598,735 Joined:Aug 2011	Message Posted: Nov 16, 2012 10:29:38 PM Ignore jay93LA Report Abuse what is enough
pecos Champion Author Columbus Posts:7,715 Points:2,110,335 Joined:Jul 2005	Message Posted: Nov 16, 2012 10:29:20 PM Ignore pecos Report Abuse No amount of fine would ever be enough.