BP can be fined as much as $4,300 per barrel of oil lost in the Gulf of Mexico during the 2010 Deepwater Horizon disaster, a federal judge ruled.

The figure is based on the Environmental Protection Agency’s 2010 calculation of how much $3,000, the maximum payment authorized under the Clean Water Act when it was established in 1990, would be worth today.

U.S. District Judge Carl Barbier noted in his ruling last week that BP disagreed with the $4,300 figure, not because it thought the EPA’s calculations were incorrect, but on the grounds the EPA lacks authority to calculate inflation.

“BPXP claims that [Clean Water Act] Section 1321 (b)(7) does not confer authority on the EPA or the Coast Guard to bring actions for civil penalties or make clear in any other way what agency has jurisdiction over the civil penalty,” Barbier wrote.

Read more


NEWSLETTER SIGN UP

Get the latest breaking news & specials from Alex Jones and the Infowars Crew.

Related Articles


Comments