BP settlement: Tens of millions for lawyers, not nearly enough for the coast

The explosion of the Deepwater Horizon rig off the Louisiana coast triggered what is widely regarded as the worst oil spill in U.S. history.

The explosion of the Deepwater Horizon rig off Louisiana triggered the worst oil spill in U.S. history. Louisiana’s settlement with BP is a raw deal. U.S. District Court Judge Carl Barbier previously ruled that British Petroleum (BP) acted recklessly in disregarding warning signs that the well wasn’t properly sealed against gas leaks. With that ruling, the state of Louisiana was poised to hold BP accountable for the 2010 disaster in the oil giant’s Macondo field off the Louisiana coast, an explosion that killed 11 workers and coated the Gulf and its shorelines with more oil than any spill in […]