BP to pay US government $20.8 billion for Gulf oil disaster | The Woodsman Hut | Forums

the money is going to the people whose lives and businesses were ruined, right?

While $5.5 billion will go toward penalties incurred under the Clean Water Act, most of the money will be given to five states — Alabama, Florida, Louisiana, Mississippi, and Texas — and 400 local government entities to cover damages from the spill. BP has already spent a reported $28 billion on cleanup and compensation. The Deepwater Horizon incident occurred after an offshore oil rig exploded in the Gulf of Mexico and consequently dumped 4.9 million barrels of oil into the surrounding water. Eleven people were killed andmarine life in the area was devastated.

that would be a no

more http://www.theverge......settlement