Gulf Oil Spill News

Senate clears measure to divert water pollution fines from BP spill...

By Associated Press The Washington Post March 8, 2012

The Senate approved Thursday using the bulk of water pollution fines stemming from the 2010 Gulf oil spill to pay for restoration in five Gulf states, a move hailed by environmental groups and state officials. The money is tied to a transportation bill that the Senate still must pass. BP PLC 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. For full article, click here.