BP settlement adds certainty to oil spill recovery


The 2010 Deep- water Horizon disaster in the Gulf of Mexico was the worst oil spill in U.S. history. Five years later, the legal claims against BP have made history, too, with the nation’s largest-ever environmental settlement.
The news is a major milestone for Mississippi. For the past five years, Gulf Coast states and the Department of Justice have sought compensation for the spill’s extensive environmental and economic damage. Earlier this month, they reached an agreement with BP over the remaining penalties that the oil company owes. The agreement includes the final figure for BP’s Clean Water Act fines […]