NEW ORLEANS—BP oil spill fines could generate thousands of jobs if the Restore Act passes and those funds are invested in the Gulf Coast, according to a study commissioned by two non-profit groups, Greater New Orleans Inc. and the Walton Family Foundation. At some point in the future, BP will have to pay fines for violating the Clean Water Act with its disastrous Deepwater Horizon spill, which flooded the Gulf with 4.9 million barrels of oil (more than 200 million gallons) and fouled fisheries and beaches from Louisiana to Florida. Should investigators find that gross negligence on BP’s part contributed ... Read More
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