After BP spilled 4.1 million barrels of oil into the Gulf of Mexico in 2010, the U.S. government cited BP with multiple violations of the Clean Water Act. At this time, it is being reported that negotiations between U.S. officials and BP may be coming to a close soon. The amount of a potential settlement is unknown, but the government has requested BP pay around $4,300 per barrel in fines, which amounts to more than 17 billion dollars. Here is an article from Bloomberg News.
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