Federal Judge Grants Final Approval on BP Settlement for 2010 Gulf Oil Disaster

BPOilSlick16bg - Federal Judge Grants Final Approval on BP Settlement for 2010 Gulf Oil Disaster

As the oil makes landfall on May 8, 2010, it appears booms failed to stop the invading oil: Glynn Wilson

By Glynn Wilson –

MOBILE, Ala. — A federal judge in New Orleans granted final approval on Monday to the terms of a civil settlement agreement with British Petroleum for its role in the 2010 Deepwater Horizon oil rig explosion and disaster that killed 11 workers and dumped 4.9 million barrels or 210 million gallons of crude into the Gulf of Mexico.

BPProtest2n - Federal Judge Grants Final Approval on BP Settlement for 2010 Gulf Oil Disaster

People still protest BP along the Gulf

U.S. Judge Carl Barbier approved the final amount of $18.7 billion, to be paid in penalties to the U.S. government and five Gulf states.

“Today’s action holds BP accountable with the largest environmental penalty of all time while launching one of the most extensive environmental restoration efforts ever undertaken,” U.S. Attorney General Loretta Lynch said in a statement announcing the deal.

BP claims its total pre-tax charges from the spill set aside for criminal and civil penalties and cleanup costs added up to about $53.8 billion.

Under the terms of the original agreement with the U.S. Department of Justice and the Gulf Coast states, BP will pay $12.8 billion for Clean Water Act fines and natural resource damages to the federal government, plus $4.9 billion to the states impacted by the oil, in payments staggered over 18 years.

The Macondo well explosion on April 20, 2010, is now considered the worst offshore oil disaster in U.S. history, in addition to the largest and worst environmental disaster in American history.

The disaster turned many Gulf Coast residents into activists, and many people along the coast still do not trust the oil companies. A large contingent of activists recently staged a protest in New Orleans to oppose new oil leases in the Gulf.

Protesters Crash the Super Dome and Shut Down Gulf Oil Lease Sale

More Photos

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BP’s oil washed ashore and spoiled hundreds of acres of marsh from New Orleans to Florida: Glynn Wilson

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Workers clean oil from beaches in Gulf Shores and Orange Beach, June 2010: Glynn Wilson

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BP’s oil and chemicals surround barrier islands: Glynn Wilson

BPOilSlick4bg - Federal Judge Grants Final Approval on BP Settlement for 2010 Gulf Oil Disaster

An overflight on May 8, 2010 shows BPs oil as a giant slick: Glynn Wilson

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