The second of three phases in a long trial to determine BP’s role and culpability for the Deepwater Horizon oil spill begins today in New Orleans. The London-based oil giant remains on the hook for potentially up to $18 billion dollars in per-barrel fines for violating the U.S. Clean Water Act with its massive 2010 oil spill, the worst in U.S. history. The second phase of BP’s oil-spill trial will help determine how many billions of dollars the corporation will pay in addition to the $42.4 billion it has already spent or reserved for cleanup of the spill, compensation for ... Read More
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